FirstBank Introduces the First Humanoid Robot, Reinforces Its Commitment to Providing Innovative Financial Solutions for Customers

Posted on by Staff Reporter | 25197 Views | 9 min read

FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) Branch The robot is among the phased configuration of the bank’s state-of-the-art digitally led self-service branch The Humanoid Robot is equipped with Video Banking and Artificial Intelligence (AI), taking on the role of a friendly branch staff

PalmPay Unveils New Savings Feature with up to 20% Annual Percentage Rate (APR)

Posted on by Staff Reporter | 36620 Views | 14 min read

PalmPay, a leading Nigerian financial platform, has unveiled its latest product – a high yield savings feature which offers its customers the opportunity to earn up to 20% annual interest rate Flexible and fixed-term savings are now available on the PalmPay app, enabling its customers to earn up to 20% annual interest rate; the company

Mastercard and PayU Launch First Click to Pay Embedded Payments Experience in South Africa

Posted on by Staff Reporter | 15248 Views | 13 min read

• Launch of global Click to Pay embedded payments experience solidifies Mastercard’s partnership with PayU, along with their merchants. • PayU, a leading Payment Service Provider in South Africa, is the first to launch this payment method in the country. Mastercard, in partnership with PayU, today announces the launch of Click to Pay in South

Everything You Need to Know About QR code Payments – Ukheshe

Posted on by Staff Reporter | 28929 Views | 14 min read

by Paul Selibas, Division President at Ukheshe If there’s one thing almost no one leaves home without, it’s their mobile phone. How many times have you forgotten your keys or worse still, your wallet, and been left stranded at the shops? Now you don’t need your purse or your wallet, or even a bank card

Future Proofing South Africa’s Technology Sector – Absa

Posted on by Staff Reporter | 11079 Views | 16 min read

South Africa has a wealth of young talent, brimming with creativity, energy, and fresh perspectives. According to recent statistics, approximately 54% of tech professionals fall under the age of 35. This demographic trend underscores the potential for innovation and growth that the country’s young talent possesses. While young talent in the tech sector holds immense

GCB Bank Posts Strong Performance in 2022 Despite DDEP and is Poised For Growth in 2023 and Beyond

Posted on by Staff Reporter | 21277 Views | 17 min read

GCB Bank PLC (GCB) has announced its full-year (FY) 2022 financial results highlighting the Bank’s strong performance despite the impact of the Domestic Debt Exchange Programme (DDEP). Total Operating Revenue grew by 24 percent to GHS 3.0 billion. This was underpinned by broad based growth across all the key revenue lines. Net interest income was

Africa to Be Fastest Growing Fintech Region as Global Industry Grows to $1.5 Trillion by 2030 – BCG

Posted on by Staff Reporter | 5397 Views | 29 min read

Emerging economies will lead the way as fintech gains momentum. Asia-Pacific is poised to outpace the US, becoming the world’s largest fintech market by 2030, while Africa will be the fastest growing region, according to a new report. Africa’s fintech market – led by South Africa, Nigeria, Egypt, and Kenya – is projected to grow

Africa and China Driving and Redefining 21st Century Growth Together – Standard Bank Group Ltd

Posted on by Staff Reporter | 14952 Views | 23 min read

Bill Blackie is Chief Executive Officer of Business and Commercial Banking at Standard Bank Group Ltd. As a bank committed to driving Africa’s growth, Standard Bank recognises the relevance of China to the growth of our continent. As the continent’s biggest bank by assets, present in 20 markets across sub-Saharan Africa, our vision for Africa’s

Equity Group Acquires 91.93% of Cogebanque in Rwanda

Posted on by Staff Reporter | 31178 Views | 17 min read

Equity Group Holdings Plc enters into a binding term sheet with the Government of Rwanda, Rwanda Social Security Board, and other investors to acquire 91.93% of the issued share capital of Compagnie Générale de Banque (Cogebanque) PLC Ltd. Cogebanque is a public limited company licensed by the central bank of Rwanda (BNR) to provide banking

APP Scams Emerge as the Top Payments Fraud Threat With Fraudsters Changing Tactics, Finds ACI Worldwide Report

Posted on by Staff Reporter | 8575 Views | 21 min read

According to ACI’s 2023 Prime Time for Real-Time report, the top three fraud tactics in 2022 are Authorized Push Payment (APP) scams, card fraud, and identity theft, with APP scams being the number one fraud tactic. Financial crime and fraud are perennial problems for banks and financial institutions, with the global cost of fraud predicted