United Bank for Africa (UBA) Plc, the pan- African financial services group is delighted to announce the appointment of Ambassador Joe Keshi as Chairman of the Board. Ambassador Keshi was appointed to the Board of UBA in 2010 and was made Vice Chairman on January 1, 2011. He has over 35 years working experience at
The Governor of the Bank of Mauritius, Mr Rundheersing Bheenick, recently gave a statement where he reviewed the year gone by and reflected on the present and future outlook. In his address Bheenick said that Headline inflation came down from 4.9 per cent in July 2012 to 3.6 per cent in June 2013 while year-on-year
Casablanca Finance City and Chartered Institute for Securities & Investment have signed a Memorandum of Understanding (MoU) in order to enhance and promote professionalism and professional standards in the financial services industry in Morocco and throughout the region. Thanks to this partnership, Morocco will be able to offer more than 50 CISI certifications. These include
Kenya Commercial Bank (KCB) Group and Postal Corporation of Kenya (PCK) have entered into a strategic partnership to share payment infrastructure and capitalise on their expansive branch networks locally in line with the bank’s financial inclusion agenda. PCK recently launched its PostaPesa e-payment solution and the partnership will see KCB be the official Settlement Bank
Students in higher learning institutions have been implored to grab the opportunity of owning new bank account with the National Microfinance Bank (NMB) which offers attractive benefits. The NMB Personal Banking Manager Mr Julius Konyani told reporters in Dar es Salaam that the benefits will be available during the special campaign branded Ki-College Plus NMB.
Infobip, a global leader in cloud-based mobile messaging and payments solutions for enterprises and mobile operators, announced it has built a technical platform for enterprise USSD in the Republic of South Africa. Comprising push USSD as well as mobile initiated options, enterprise USSD allows banks and financial institutions to increase security of internet banking transactions
Gemalto a digital security company, announces a global business partnership with IBM for its enhanced Ezio eBanking security platform. Featuring cutting-edge levels of security and versatility, the Ezio eBanking Server platform has been further updated with the ability to support a wider range of end-user solutions. The platform has been tested and confirmed to work
An Ikeja High Court remanded a staff of Union Bank Plc, Danasabe Ibrahim, and three others in prison custody, for allegedly defrauding the bank of N2.05 billion. The 47-year-old banker was arraigned alongside Salihu Mahmoud, 34; Friday Isaiah, 33; and Samuel Azaaior, 30, by the Economic and Financial Crimes Commission (EFCC). The News Agency of
FNB have expanded their digital banking reach into Africa by launching their Banking App and other digital banking services seamlessly into their African subsidiaries. According to FNB, the Banking App has amassed over 600 000 active App users in the South African market. The first of its kind to launch in Africa in July 2011,
The banking industry is pleased to announce that debit card fraud losses have decreased by 42% for the period 1 January- 30 September 2013. This is according to the latest banking industry’s card crime statistics as released by SABRIC (The South African Banking Risk Information Centre). This figure is significantly lower when compared to the
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