FNB Launches New Aspire Bank Account, and Customers Will Be Able to Use eBucks to Pay Bank Fees

As part of its annual review effective 1 July 2021, FNB is launching a new FNB Aspire bank account for middle-income customers to replace FNB Gold, and the bank’s customers will now be able to use eBucks to pay their bank fees via the FNB App. CEO of FNB Retail, Raj Makanjee says, “We are

NMG Takes Reins at Botswana’s Biggest Pension Fund

NMG Administrators Botswana, a subsidiary of the Johannesburg-based advisory and intermediary firm NMG Benefits, has been appointed the Fund Administrator for Botswana’s biggest pension fund, the Botswana Public Officers Pension Fund (BPOPF), and officially takes over the administration of the BPOPF on 1 June. The move is a result of a 2017 decision by Botswana’s

Equity Retains Best Bank in Kenya Title for 10 Years in a Row

Equity bags 22 accolades including Best Overall Bank in Kenya, Bank with the lowest charges for individuals, Best Bank in Agriculture and Livestock Financing and Best Bank in Mobile Banking among others. The Bank retains Best Bank in Sustainable CSR for 5 years in a row & Young Banker of the Year for the third

Telkom Launches Africa’s First Virtual Card for Transacting on WhatsApp

Ukheshe, Mastercard, Nedbank and Telkom collaborate to grow access to the digital economy with virtual product that enables secure e-commerce payments on phone Telkom has launched Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even

Yoyo Launches Bank Card-linked Loyalty

A new era of loyalty for retailers, SMEs, and consumers. South Africa has a well-established retail loyalty scene, with over 70% of consumers belonging to at least one programme – according to Truth & BrandMapp’s annual white paper – but recent numbers show that this is declining year-on-year. Research shows that participants want the rewards

FirstBank Clinches Another International Recognition; Ranked Second Most Admired Financial Services Brand in Africa

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has been ranked the second ‘most admired financial services brand’ in Africa – for the second straight year – at the 2021 Brand Africa 100: Africa’s Best Brands Event, held on Africa day, 25th May 2021. Brand Africa is an intergenerational movement

Mastercard Unveils New Carbon Calculator Tool for Banks in Kenya and the Region, with Insights Informing Consumer Spending Around Carbon Impact

New Mastercard feature enables banks to equip people with carbon footprint data and insights about environmental impact Recent research by Mastercard revealed 92% of adults in Kenya are willing to take personal action to combat environmental and sustainability issues Amidst the growing trend toward eco-conscious spending and consumption among people who want to pursue more

Announcing ‘World ATM Day’

On 27th June 1967, the world’s first semi-automated cash dispenser – later to be known as the Automated Teller Machine – was unveiled by Barclays Bank at its North London Branch in Enfield. Fifty-four years later, this humble machine can now be found at over 3.2 million locations around the world, with many having transformed

ACI Worldwide Powers Payments Innovation for Pick n Pay

Pick n Pay, one of South Africa’s leading retailers, to utilize ACI Omni-Commerce to drive payments modernization as it significantly grows its transaction volumes ACI Worldwide, a leading global provider of real-time digital payment software and solutions, has announced it is extending its partnership with Pick n Pay to drive payments modernization for the South African

Standard Bank Launches OneHub Platform – a Digital Solutions Marketplace for Corporates

In line with the group’s future-ready strategy, Standard Bank has officially launched its acclaimed OneHub platform – an online marketplace that gives corporates access to a range of digital solutions. “OneHub is a single point of entry for Standard Bank’s corporate clients and partner organisations to connect and interact,” says Jonathan Lamb, Head of Platform