Equity Group Holdings PLC Doubles Profitability Validating Its Resilience and Business Continuity Strategy During the Pandemic

Equity Group Holdings Plc has announced a 98% growth in half year profits to Kshs.17.9 billion up from Kshs.9.1 billion the previous year. Speaking while releasing the results, Equity Group Managing Director and CEO Dr James Mwangi said, “The defensive and offensive strategy adopted by the Group at the onset of the Covid-19 pandemic to

FNB Launches ESG Offering as Part of its Global ETN Programme

In line with its belief that all South Africans deserve the opportunity to be able to invest in international companies that are leaders in their fields, FNB this week launched three exciting new Exchange Traded Notes (ETNs). Approximately 3 million customers already save and/or invest with FNB and the bank continues to expand its innovative

Innovation Takes Center Stage as FIS Announces Winners of 2021 Impact Awards

The 2021 winners are Baker Boyer National Bank, Boost Payment Solutions, CDK Global, NRW.BANK, Quontic Bank and Walgreens. In its fifth year, FIS’ signature awards program recognizes organizations that have used FIS technology to innovate within their business to enhance customer service and drive tangible business results. The Impact Awards are independently judged by industry

RBR | Challengers Gain Share in Buoyant Self-Checkout Market

Six vendors supplied more than 10,000 terminals each in 2020, as shipments reached a new record high of 175,000 globally Fierce competition between self-checkout vendors as market hots up Momentum in the self-checkout revolution kept up in 2020, with shipments booming by 25% globally, according to Global EPOS and Self-Checkout 2021, a new study by

Shoprite’s Money Market Account Launches Instant EFT Payments

Shoprite is the first South African retailer to launch an instant electronic funds transfer (EFT) service. The EFT service enables customers to instantly send vouchers to another person in just three simple steps. Senders only need to enter the recipient’s mobile number and the amount they wish to pay. There is no need to download an app

ACI Worldwide Announces 2021 Innovation Award Winners, Recognizing Global Digital Payments Innovation

National ITMX, Oklahoma Wesleyan University, Plexus Worldwide and Volkswagen Payments Receive Top Honors ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, today announced the winners of the 2021 ACI Innovation Awards. The awards recognize leading banks, financial intermediaries, merchants and billers around the world for their innovative use of ACI’s digital payments

Mastercard MEA SME Confidence Index: 76% of SMEs in Food, Beverage, Entertainment across Middle East and Africa Optimistic About Future Growth

76% of the region’s small and medium businesses in food, beverage, and entertainment are optimistic about the next 12 months, according to Mastercard MEA SME Confidence Index SME confidence levels in the region were highest among businesses in retail, closely followed by food, beverage, and entertainment sector Research identified key areas with the greatest potential

Enjoying Banking Convenience with FirstBank’s FirstMobile

As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception to this aggressive drive. The efforts in this regard include building and constantly improving on its product offerings like the FirstMobile, its industry-leading mobile banking app; FirstOnline, the internet banking

FSS | Microservices – A Vital Asset for Financial Institutions

Written by Benedict Xavier, Head – Payments Specialist Digital Banking, FSS Microservices are more commonly known for being the IT model that helped Netflix and Amazon scale to millions of customers worldwide. Netflix and Amazon are, however, not the only companies taking advantage of a scalable IT architecture. The Microservice model has grown to become

NCR Receives Final Regulatory Approval to Combine with Cardtronics from UK Competition and Markets Authority

NCR Corporation, a leading enterprise technology provider, has announced it has received final approval to combine with Cardtronics from the Competition and Markets Authority (CMA) of the United Kingdom. The CMA approved the transaction without any conditions. All regulatory approvals and consents are now secured, and the transaction is complete. “NCR and Cardtronics can now