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Banks, Mobile Money Agents Drive Up Financial Inclusion in Tanzania

Commercial banks and mobile money agents are key drivers in expanding and promoting financial services and inclusion, particularly in the rural areas, which are financially underserved. The increase and improvement of mobile Read More →

Equity Bank Spreads its Wings to Zanzibar

This brings to fourteen the total number of branches spread across Tanzania. The new branch will act as a gateway to tap into the vast investment opportunities found in the Read More →

Cognizant Helps KeyBank Reimagine Banking Through New Digital Banking Platform

Cognizant announced that it has enabled Ohio-based KeyBank, one of the largest regional financial institutions in the U.S., to reimagine online and mobile banking by providing a more intuitive, personalized Read More →

FNB Launches Nav›› – A Digital Financial GPS That Puts You in Control of Your Finances

FNB launches Net asset value (nav), the first of its kind digital tool that helps you navigate through your financial journey, simply and innovatively via the FNB Banking App. Simplifying a Read More →

National Microfinance Bank Touts Digital Banking

National Microfinance Bank (NMB) has said an efficient use of digital banking will facilitate easy access to banking services for all Tanzanians and increase financial inclusion. The NMB’s Managing Director Ms Ineke Read More →

Equity Bank Unveils A Customer Led Digital Bank

“Customers’ banking trends have declared the death of the bank branch as transaction channel, as they increasingly embrace self-service technology platforms that give them freedom, choice and control.” Dr. James Read More →

Branch Transformation 2016: Banks Embrace the Omnichannel Experience

The customer journey is at the heart of transforming the branch As mobile and internet banking continue to gain momentum, banks and suppliers are innovating with branch formats, processes and Read More →

SWIFT Identifies New Ways For Banks To Simplify Payment Routing Data

SWIFT announced the publication of a new paper discussing opportunities for banks to streamline their internal routing practices. The paper highlights how some banks used the transition to SEPA Read More →

Mobile Banking: The Next Revolution?

Mobile banking is no longer a “business opportunity” for banks. It’s an imperative. With over 1 billion users already transacting across the globe in 2015 (according to IDC), demand is Read More →

Court Orders Bank of Tanzania Governor to Explain Payment of 92bn/-

The High Court has ordered the Governor of the Bank of Tanzania (BoT) and Statutory Manager with FBME Bank Limited to give accounts how the decree for payments of over 92bn/-given Read More →
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