South African bank Capitec has taken the top spot in an online banking customer satisfaction survey, displacing previous favourite First National Bank (FNB). Capitec scored 71 points in online marketing research agency Columinate’s annual “Internet Banking SITEisfaction” survey. “This year Capitec scored the highest points in each category except for device flexibility, making them the
Vunani and BGL Plc, a Nigerian financial services group, are pleased to announce that they have signed a cooperation agreement whereby they will seek to jointly originate and execute cross border transactions throughout Africa, with West African and Southern African markets being key target markets. In terms of the agreement, the companies will also seek
A recent poll by leading marketing research firm GfK reveals that almost nine in ten (88%) US consumers are at least “a little” concerned about the privacy of their personal data. One in three consumers also reports being directly impacted by misuse of personal data within the past year. The poll, conducted last month, collected
Qatar Islamic Bank (QIB), a leading Islamic Bank in Qatar and NCR Corporation, the global leader in consumer transaction technologies, have signed a strategic agreement for the implementation of significant technology projects in 2014. As part of the agreement, QIB will purchase the innovative NCR Skimming Protection Solution (SPS) in an effort to proactively address
Amendments to South Africa’s Electronic Communications Act (ECA) and the Independent Communications Authority of South Africa (ICASA) Act will give the regulator greater jurisdiction over electronic transactions, and the ability to impose higher fines on offenders. President Jacob Zuma assented both the ECA and the ICASA Act on April 7, 2014, with the series of
Tigo has partnered with 17 major banks in Tanzania to enable its clients send and receive money through transactions between the banks and Tigo Pesa. Launching the service in Dar es Salaam, the company announced that Tigo customers will now have round the clock ability to instantly withdraw and deposit funds via Tigo Pesa to
Ecobank Transnational Incorporated (ETI) has announced the co-option of a new member of the Board of Directors. On Monday 31 March 2014 Hewett Adegboyega O. Benson (48), became a Non-Executive Director, representing AMCON on the board. The appointment of Mr. Hewett Benson brings the total number of members of the Board of Directors of ETI
NCR Corporation found that millennial travelers are willing to spend their money while traveling if convenient digital retailing is available. The data comes from a recent travel survey aimed at capturing the tendencies of airline passengers to embrace omni-commerce when they travel. ”The data bears out what you would expect, younger travelers who have embraced
Econet Wireless Zimbabwe says that its mobile money transfer service, EcoCash, has handled transactions in excess of $4 billion since the service was introduce in 2011.This was highlighted by Econet’s group CEO Douglas Mboweni to parliamentarians at a familiarisation tour of the company. This impressive figure was achieved though 170 million transactions handled by the
Visa Inc. has announced that Kelly Mahon Tullier will join the company as Executive Vice President and Deputy General Counsel, effective June 16. She will also serve as a member of the company’s Executive Committee. Ms. Tullier will transition to the role of Executive Vice President and General Counsel on October 1, 2014. She joins
