AfrAsia Bank Increases HR Efficiency up to 75% with Oracle Cloud Applications

AfrAsia Bank, headquartered in Mauritius with a representative office in South Africa has chosen Oracle Human Capital Management (HCM) Cloud Application to deliver an exceptional employee experience, retain best talent and be recognised as an employer of choice. Under this implementation, the bank created a single point of truth for its 400 employees providing more

Omnio Group Partners with Token for PSD2 & Open Banking

Omnio Group, a leading global fintech, and Token.io Limited, a turnkey open banking platform provider, have partnered to deliver open banking and PSD2 compliance to Omnio’s financial institution customers. The new partnership follows Token’s recent wins with thinkmoney and Tandem Bank, both of which are integrating TokenOStm. Omnio’s award winning digital banking platform, bank.VISION, supports

Visa Opens Door to Digital-First Payment Experiences Through Visa Next

Visa has introduced a new platform with a set of beta APIs, specifications and development tools for issuers and issuer processors to begin building and beta testing new payment products to help meet the future needs of digital-first consumers. The offering will be available to clients and partners via Visa Next, a new destination for

SWIFT’s 2019 African Regional Conference in Ghana with President Nana Akufo-Addo Delivering Keynote

SWIFT will hold the 26th edition of the African Regional Conference (ARC) on 18-20 June 2019 in Accra, Ghana. The President of the Republic of Ghana, His Excellency Nana Akufo-Addo, will open the event. ARC is an annual event which brings together more than 500 senior financial professionals from across the continent to discuss the

GCB Bank Records GH¢323 Million Profit

GCB Bank Limited posted a significantly improved bottom line with net profit of GH¢323.13 million for the year ended 2018. This translates into growth of GH¢110.42 million over the GH¢212.72 million recorded in the 2017 financial year. Top line growth was appreciable despite instability in the banking industry with 2018 recording GH¢1,260 million as total

FNB is the First Bank in South Africa to Allow Customers to Shop on App

First National Bank (FNB) has launched a new functionality on its banking app that enables customers to shop directly from the app. The eBucks Shop, which was previously only accessible on the eBucks website, offers customers exclusive pricing for products ranging from tech and gaming to appliances and outdoor. FNB is the first bank to

Standard Bank Appoints Chief Technology Officer as Bank Focuses on Digitisation Strategy

Standard Bank Group has appointed Mr. Tau Mashigo as its new Chief Technology Officer (CTO), effective 1 April, reporting to the Chief Information Officer (CIO). Mashigo will drive and support Standard Bank’s strategic intent to become a fully digital organisation and assist in the transition to Cloud technology. The digitisation and data strategy will see

Payments Associations Launch Center for Payments

Eleven payments associations representing over 10,000 financial institution members, businesses and stakeholders, has announced a new program to advance the payments industry through joint development of market intelligence and thought leadership. The participating payment associations–ePayResources, EPCOR, MACHA, NEACH, PaymentsFirst, SHAZAM, Southern Financial Exchange, The Clearing House Payments Authority, UMACHA, WACHA and WesPay–span all 50 states

FSS Launches FSS Voice Commerce, a Real-time Voice Banking Platform

FSS (Financial Software and Systems) has launched FSS Voice Commerce, a real-time voice banking platform that offers customers, meaningful, contextual and personalized banking interactions. Enabling banks to deepen customer engagement via conversation-led banking and deliver interactive service experiences to its customers, FSS Voice Commerce is set to take frictionless banking to the next level. The