ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced that Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, is utilizing ACI’s UP Retail Payments solution to modernize its payments infrastructure. CBE is at the forefront of Ethiopia’s move toward becoming a cashless economy. As it undertakes this
First Bank of Nigeria, in partnership with Clickatell’s Transact division, has commercially launched their Chat Banking channel on WhatsApp. This capability enables FirstBank’s customers to manage their banking needs within their WhatsApp chat with the same efficiency as USSD. Customers can add First Bank’s published WhatsApp phone number or a direct link access the First
The Government Gazette of 7 September officially announced that Bank Zero had been registered as a mutual bank effective 17 August 2018. Michael Jordaan, co-founder and chairperson of Bank Zero, acknowledges the professionalism, skills and world-class systems of the South African Reserve Bank (SARB) and the newly created Prudential Authority: “The stringent licencing process, the
Following a successful pilot with 17 banks, SWIFT has launched the gpi Observer Analytics tool, a new resource for gpi banks to gain more comprehensive business insights into their gpi traffic flows. The unique market and competitive analysis that gpi Observer Analytics provides will allow African gpi-member banks to act on reliable and fact-based information
Absa has introduced a quick, simple and convenient end-to-end account opening for new customers, through the Absa Banking App which can be downloaded from the Android and Apple stores. This innovation follows the launch of the world first ChatBanking on WhatsApp service and is another innovative way Absa is fast becoming a digitally-led bank, that
FNB has recorded a 56% increase in the number of FNB Premier clients who used ‘Secure Chat’ between July 2017 and July 2018. ‘Secure Chat’ is FNB’s instant messaging service on the FNB App that clients can use to contact their team of bankers. App logins further increased by 55% with the average number of
Fiserv, Inc. has announced that within the past nine months nineteen banks have made the decision to move to Fiserv for core account processing. Each institution will utilize their selected platform as a foundation to further their unique strategies, and many will include integrated digital banking and payment capabilities. “Today, technology defines banking,” said Todd
Comviva, a global provider of mobility solutions, has announced its foray into banking customer value management (CVM) by entering into a new partnership with Number Theory, an Artificial Intelligence and Enterprise Data Management firm. The partnership allows Comviva to enhance its MobiLytix Real Time marketing solution with new machine learning and AI capabilities built on
Who are you, and can you prove it? The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured answers to these simple yet critical questions. By creating and managing their own ‘Self-Sovereign’ Digital ID, users can enroll with a host of different digital banking, eCommerce and eGovernment services,
First National Bank (FNB) has received 50 million US-dollars from the DEG – Deutsche Investitions- und Entwicklungsgesellschaft to deploy towards small and medium enterprise (SME) development in South Africa. DEG is a development finance institution whose mission is to promote private-sector enterprises in developing and emerging-market countries as a contribution to sustainable growth and improved
