U.S. Bank is extending its already broad expertise in virtual payments to travel intermediaries, facilitating payments from online travel agencies and loyalty companies to their suppliers. The Bank has offered virtual payment for corporate travel in North America and Europe since 2013 and now brings the power of virtual pay to organizations serving the travel
Efforts to curb increased incidences of Cyber crime within Africa’s financial institutions, Government Agencies and private sector have received a boost with the planned Southern Africa Banking and ICT Summit set for April, 30th , 2015 at Intercontinental Hotel Lusaka Zambia. The one-day meeting, organized by Cyber Security Africa and industry stakeholders, is designed to
Simon Denny has been appointed Head of Investment Banking for Deutsche Bank South Africa. He will be based in Johannesburg and report locally to Peter Wharton-Hood, Chief Country Officer. Simon takes over as Head of Investment Banking succeeding Kevin Latter. Since joining Deutsche Bank in 2008, Simon has advised many South African blue chip corporate
PAYONE, one of the leading payment service provider in Europe, presents itself again this year at Internet World on 24 and 25 March at the ICM Munich. The show focused on e-commerce solutions and online marketing is accompanied by a high-profile congress, the “The Future of E-Commerce” is the motto. There be more than 60
Tanzania have been urged to capitalise on the fast changing technological innovations in the mobile money industry as a way to lift them from poverty. “We should no run away from challenges emerging from the technology revolution in the mobile money industry rather use them as an opportunity for improved livelihoods,” said Mr Mwigulu Nchemba,
The Bank of Tanzania has licensed China Commercial Bank (CCB), to operate in the country bringing to over fifty, the number of financial institutions in the country. According to the Central Bank, (BoT), the new bank has no banking affiliation with another bank in China or Tanzania. The BoT Director of Banking Supervision, Mr Agapiti
The shareholders of Equity Group Holdings (formerly Equity Bank Limited), have approved a raft of resolutions to set the foundation for the firm’s pan African expansion initiative The approvals, which were secured during the firm’s 11th Annual General Meeting (AGM) held today now places the Group on the path of a continental expansion of its
Cardtronics UK, a leading independent cash machine provider in the UK, has today announced that it is partnering with Golf Holdings to operate at least 26 cash machines in Northern Ireland. Golf Holdings operates Northern Ireland’s largest off-licence chain, Winemark, and the leading retail brand, Russell’s Food and Drink. The contract, which was formally awarded
A Local bank by teachers, Mwalimu Commercial Bank is set to boost Dar es Salaam Stock Exchange (DSE) capitalisation to 25 per cent and transform capital market landscape in the country. The bank, currently in final preparations before taking off and expected to list at the DSE alternative market in June, is expected to double
The e-commerce leader in Africa formalizes the appointment of Francis DUFAY at the head of its subsidiary in Côte d’Ivoire. This announcement follows the appointment of Fatoumata BA with whom Francis DUFAY led JUMIA Côte d’Ivoire since April 2014, to the position of Managing Director at JUMIA Nigeria. Having arrived in April 2014 as Co-Managing
