One of Nigeria’s major commercial banks United Bank for Africa (UBA) has announced the introduction of Value Added Services (VAS) on it Point of Sale (POS) terminals. The bank in a statement said services supported include airtime purchase, cable subscription, electricity, water and other bill payments. The bank said the service has been rolled out
Stanbic Bank has been named the best investment bank in Tanzania by EMEA Finance, a prestigious magazine, for the year 2014, while its parent company Standard Bank has been named leading investment bank in Africa for the seventh consecutive year. “We are delighted to have retained the award for the best Investment Bank in Tanzania,
KCB Group has picked three Islamic banking experts to run the Bank’s Sharia Advisory Committee, heightening the lender’s roll-out the Islamic banking services in Kenya. The scholars and religious leaders— Sheikh Ahmed M. Msallam, Sheikh Ibrahim Lethome and Dr. Ahmed Sheikh Abdualatif Osman—on Tuesday morning signed their contracts with KCB during the inauguration of the
FNB Business has announced a partnership with Empowerdex to process applications for Black Economic Empowerment (BEE) certificates through the Bank’s online banking channel. The online application process is quick, easy and requires that the applicant has all the necessary documentation. Sanjeev Orie, CEO of Value-Adds at FNB Business says, “This is an exciting development because
Feedzai, a company that uses data science and behavioral profiling to prevent fraud, and Encap Security, the mobile authentication specialist, have announced a new partnership designed to support banks and merchants in making modern banking and commerce safe. The partnership will make Feedzai’s proven, machine-based fraud prevention platform compatible with Encap Security’s bank-grade, smarter authentication
The bank branch is poised to change more in the next 18 months than it has in the previous 30 years combined. And the innovation fueling that change is being built by a team just outside of Salt Lake City. NCR Corporation, the global leader in consumer transaction technologies, opened a new office to accommodate
Customers of First National Bank (FNB) can now enjoy unrivalled premier services at its banking suite at Peninsula branch in Dar es Salaam. FNB’s Chief Executive Officer, Mr Dave Aitken, said in the city on Wednesday during the launch of the service that through the centre, premier customers will be provided with a dedicated Relationship
The European Banking Authority (EBA) published a consultation paper on the implementation of its Guidelines on the security of internet payments. These Guidelines are the first output of the joint work undertaken by the EBA and the European Central Bank (ECB) on the security of payment services. The consultation will run until 14 November 2014.
Former military head of state, General Yakubu Gowon, Group Managing Director and CEO of United Bank for Africa (UBA) Plc, Phillips Oduoza, Minister of Agriculture, Dr. Akinwunmi Adesina were among many other credible and distinguished Nigerians honoured at the annual LEADERSHIP Annual Conference and Awards held at the ThisDay Dome, Abuja. The awards had in
FNB’s market-leading Banking App is now active on more than 1 million smart devices. The Banking App, which launched in July 2011, was the first of its kind in South Africa when it launched a little over 3 years ago, the same year the bank made smartphones available to its customers. “This milestone is testament
