There has been a ‘material increase’ in awareness of financial service products like microinsurance during 2021, with growing numbers of Ghanaian consumers purchasing cover to protect themselves and their families in the event of hospitalisation or loss of life. Francis Gota, the CEO of microinsurer aYo Intermediaries Ghana Limited, says the company has seen a
Standard Bank International Personal Banking (IPB) has received the prestigious award for Excellence in Private Banking for the third year running. Standard Bank International Personal Banking is part of the global arm of the Standard Bank Group, Africa’s largest bank by assets. Organised by International Investment Magazine, the 2021 International Investment Awards took place virtually
According to data released by Standard Bank, utilisation of contactless card payments increased by more than 100% compared to 2020. “It’s great to see that our customers have embraced innovation and have adopted contactless payments to transact seamlessly. This feature is increasingly popular simply because it makes the process of paying with your card much
Carrick Wealth is excited to announce the addition of two African jurisdictions to its international footprint. Pending final approval of licences, Carrick will be opening offices in Kenya and Zambia next year as well has reengaging our license in Botswana. Added to Carrick’s already-established presence in South Africa, Mauritius, Malawi, and Zimbabwe, the new offices
Small businesses across the country are turning to non-interest bearing financing options in an effort to secure growth funding ahead of the festive season. The increase in uptake of these products speaks to a more optimistic outlook this year, says independent mobile payments, insights, loyalty and rewards platform, Zapper. “Feedback from our merchants who are
As the world moved indoors two years ago, the online payment space flourished. These are the biggest developments in 2021, and a brief look ahead. This year, South Africans embraced e-commerce, mobile commerce and digital payments like never before – all four major banks have seen massive increases in these payment methods since the start
It’s a major concern for banking customers worldwide in this time of a global pandemic – how can they access their daily banking needs without touching surfaces such as ATMs? CR2 (www.CR2.com) enables you to respond to these concerns and allow your banking customers to withdraw cash without physically touching the ATM, by simply
FNB has been voted as the best employer brand on LinkedIn for above 500 employees in the 2021 LinkedIn Talent Awards. The 2021 LinkedIn Talent Awards recognises companies worldwide that have demonstrated remarkable adaptability, innovation, and creativity in the talent space. Donald Khumalo, FNB HR Executive says “We are excited to be voted as one
Ecobank Group, the leading pan-African banking group, has signed an agreement for a €100 million long-term credit facility over 9 years with the European Investment Bank (EIB). The facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular support for the sectors most impacted by the COVID-19 pandemic. Ade
South African expense management solution SlipMate has announced that it has enabled e-commerce functionality for its Mastercard corporate prepaid cards, a first-of-its-kind integration for the South African market. SlipMate is an intelligent expense management solution designed by Innervation Rewards that enables South African companies to reconcile employees’ corporate expenses from their Mastercard prepaid corporate card,
