ICS Financial Systems Ltd. – a software and services provider for banks and financial institutions, has announced that it has won “Best Core Banking Systems Technology Provider” in Africa for its ICS BANKS solution at the prestigious World Finance Technology Awards that was organized by World Finance magazine. The World Finance Awards identify industry leaders,
Diamond Bank, one of the leading retail banks in Nigeria, is exciting Nigerian youths with the launch of the Diamond S.W.A.G Account at the Obafemi Awolowo University (OAU), Ile-Ife venue of this year’s on-going National Universities Games Association (NUGA) games. S.W.A.G, an acronym for ‘Student With A Goal’ is a newly designed proposition targeted at helping
Banking on customer loyalty is a losing proposition today. More than 50 percent of retail banking customers are considering or already planning on switching banks because of lousy service, according to a recent study. That’s just one of the reasons why so many banks are turning to TimeTrade, the company changing the way companies engage
U.S. Bank employees are piloting software that lets customers speak a simple passphrase, such as “my voice is my password” to access a credit card account on a mobile device. The feature – called voice biometrics – allows select credit card customers to use their voice to login with a spoken passphrase so they can
Online banking and mobile operating system (OS) malware saw a marked increase during 2013, according to a TrendLabs study. The fourth quarter of 2013 saw a 200 per cent increase in the number of banking-related malware incidents. “Online banking malware took center stage in terms of volume increase. Our number of online banking malware detections
AfrAsia Bank has introduced a rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium MasterCard cardholders. In collaboration with Infinia Services & Solutions and MasterCard, this rewards program enables cardholders to earn XtraMiles whenever they swipe their World or Titanium MasterCard credit cards. XtraMiles is
Equity Bank Group together with Infosys Technology, IBM, Oracle and Open Way Group have unveiled the successful upgrade of the Group’s integrated and robust IT platform which will enable the Bank roll out its future technology driven innovative products, provide comprehensive business functionality and enhance customer experience. Equity Bank core banking system has now been
Fiserv, a provider of financial services technology solutions, has announced that Bangkok Bank Public Company Limited, the largest bank in Thailand with more than 17 million customer accounts, has upgraded its mobile banking, alerting and payments platform to Mobiliti Edge from Fiserv. With Mobiliti Edge, Bangkok Bank customers will be able to securely access their
Since its establishment less than five years ago, the Tanzania Women’s Bank has managed to penetrate the market to reach more women entrepreneurs and generally spearhead the war against poverty in the country. The Bank’s founding Managing Director Mrs Margareth Chacha granted an exclusive interview to Daily News’ special correspondent. Excerpts. Tanzania Women’s Bank (TWB) is one
Access Bank Tanzania has opened a branch in Tabora Region to bring the number of its branches in the country up to ten, in accordance with its expansion programme. The branch opened recently offers a full range of banking services, business loans to micro, small and medium-sized entrepreneurs, Access Bank Chief Executive Officer, Mr Roland
