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SARB Shares Available To The Public

The South African Reserve Bank (SARB) would like to invite all eligible South Africans to acquire 149 200 shares in the SARB. These became available for sale after the High Read More →

Major Global Transaction Banks Are Live With SWIFT Gpi

SWIFT announces that global transaction banks are actively using SWIFT’s new global payments innovation (gpi) service, which opened for live payments in January 2017. ABN Read More →

Central Bank of Nigeria – The Rate of Naira Counterfeiting is Less Than One Per Cent

The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting that about 20 per cent of the Naira currency notes Read More →

The South African Reserve Bank Considering a Digital Currency

Recent reports have stated that the South African Reserve Bank (SARB) is contemplating the introduction of a national digital currency based on blockchain technology. A blockchain is a digital public ledger Read More →

Salem Five Focuses on Customer Experience with Move to Fiserv

Fiserv, Inc, a leading global provider of financial services technology solutions, announced that Salem Five, a $4.2 billion Massachusetts-based bank, has selected Fiserv as a new technology partner. Read More →

A Cashless Economy Helps Bridge Inequality – Lessons For SA

South Africa can learn from the Indian government’s moves to bank its unbanked population by limiting the amount of cash that can be drawn at one time, identifying populations with Read More →

Major Developments Expected for Fintech in 2017

From digital banks to mobile-payment solutions, technology is set to change the South African financial services landscape at a pace that will continue to surprise even the most hard-core non-believer. Digital Read More →

First Bank of Nigeria Provides Secure and Convenient Money Transfer Services to Customers

First Bank of Nigeria Limited has been on a journey to provide financial solutions to promote convenience and support the lifestyles of its customers. The Bank through the years has Read More →

De Surinaamsche Bank Expands Relationship with Fiserv to Upgrade Core Banking Platform

Fiserv, a global provider, announced that De Surinaamsche Bank (DSB), the largest commercial bank in Suriname, has extended and expanded its long-standing relationship with Fiserv. DSB will implement DigitalAccess from Read More →

Visa Introduces Local Processing Solution to Support Zimbabwe Banks

Visa is introducing in Zimbabwe next month its National Net Settlement Service (NNSS) that will allow client banks to settle domestic USD-denominated Visa transactions locally. The USD was adopted in Read More →
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