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FirstBank ATMs Account for 37 Percent of Bill Payments on ATMs in Nigeria

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has again validated its leadership position with the efficiency and creativity of the Bank’s Automated Teller Machines (ATMs) as it Read More →

SASSA Requests Extension of Suspension of Contract Invalidity

SASSA filed an affidavit with the Concourt to request an extension of the suspension of invalidity of the CPS contract. This is to allow SASSA to phase out CPS and Read More →

Cybercrime Costs Financial-Services Sector More Than Any Other Industry

Cyberattacks cost financial-services firms more to address and contain than in any other industry, and the rate of breaches in the industry has tripled over the past five years, according Read More →

Expansion by IADs Outpaces Bank ATM Growth in Major Markets

RBR’s Global ATM Market and Forecasts to 2022 report shows that independent ATM deployers (IADs) accounted for one in six ATMs worldwide at the end of 2016. Five markets – Read More →

Growth in Payments Drives SWIFT Annual Traffic to Exceed 7 Billion Message Mark

SWIFT’s FIN traffic rose to an all-time high of 7.1 billion messages in 2017, fuelled by double-digit growth in global payments. While SWIFT’s FIN traffic grew by 9% over the Read More →

FirstBank Processes over N1 Trillion on its 894 Quick Banking Channel

First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking Read More →

Entrust Datacard and Gemalto Partner to Deploy Effortless and Affordable Instant Issuance

Gemalto, a leader in digital security and payment card supplier, has joined forces with Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, to provide a Read More →

DBS Bank Partners with Samsung for Samsung Pay

DBS Bank India (DBS) has announced its partnership with Samsung Electronics for its payment platform Samsung Pay. This partnership will enable DBS debit card holders to make contactless payments using Read More →

Visa Enables More Cash-Free Moments in Minneapolis

Visa has announced that it upgraded the point-of-sale (POS) terminals of select Minneapolis-based small businesses, helping create quicker, easier and more seamless payment experiences for their customers. Visa has also Read More →

SASSA Paying Grants Without Using Contractor through Paymaster General Account

SASSA has successfully paid over 2 million beneficiaries who receive their grants from commercial banks. This was done today through their Paymaster General account which was opened recently. This move Read More →

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