First Bank of Nigeria Limited in its drive to promote convenience and ease of business for customers has raised the limits on international transactions on Naira Cards to $1,100 monthly across ATMs, PoS, and online channels, with the daily ATM withdrawals raised to $300. Customers can now enjoy increased access to funds using the FirstBank
One of the biggest challenges facing financial services organisations that are embarking on digital transformation initiatives, is to integrate data while still ensuring business continuity. For Namibian-based Capricorn Group, Veeam® Software provided the assistance it required for this journey. Working with its partner Complete Enterprise Solutions, Veeam rolled out its availability solutions encompassing backup and
Nigeria’s economy may be in a difficult period, but with digitalisation at the core of the national banking strategy, financial inclusion has been given room to grow. “There are so many people in Africa that are outside the banking system”, said Segun Agbaje, Managing Director and CEO of Guaranty Trust Bank (GTBank), one of the
Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value added services. The GTPatriot Account allows serving members of the Military and Paramilitary institutions to open accounts with zero minimum balance whilst offering reduced Current Account maintenance fees and access to
Reaching a larger number of customers at a lower cost RBR’s new report, Teller Automation and Branch Transformation 2017, shows that banks in a number of countries are turning to terminals offering remote video transactions as part of their branch transformation strategies. Providing assistance from a remote location – often a call centre – these
Deloitte announced the launch of Digital Bank, a new services offering for banks to accelerate their digital transformation. Based on the Salesforce Intelligent Customer Success Platform and utilizing the Salesforce Financial Services Cloud, Digital Bank helps banks create exceptional experiences by providing tailored banking capabilities with accelerated implementation and realisation of value. “Today’s banking world
Deloitte announced the launch of Digital Bank, a new services offering for banks to accelerate their digital transformation. Based on the Salesforce Intelligent Customer Success Platform and utilizing the Salesforce Financial Services Cloud, Digital Bank helps banks create exceptional experiences by providing tailored banking capabilities with accelerated implementation and realisation of value. “Today’s banking world
Quickteller Paypoint was designed to take financial services to the nooks and crannies of Nigerian communities, providing access to underserved markets. Revealed at the maiden Quickteller Paypoint agents forum which held in Lagos recently; about 40 agents were onboarded during the first few months of operation. As at March 2017, the agent base had grown
Common Market for Eastern and Southern Africa (COMESA) Committee of Governors of Central Banks wants all COMESA member countries to fully utilize the Regional Payment and Settlement System. In their 22nd Meeting that took place in Bujumbura, Burundi 29- 30 March 2017, the Governors appreciated the progress that has been achieved in the implementation of
Creamfinance, a leading consumer finance provider and the fastest-growing European fintech, announced the closure of a €21 million deal in Series B financing with Capitec Bank Holdings Limited (“Capitec”). This round follows a €5 million in Series A investment from international venture capital fund Flint Capital. Capitec is listed on the South African stock exchange
