The Acting Registrar of Cooperatives in the country, Dr Audax Rutabanzibwa, has commended farmers in the region for establishing the Kagera Farmers’ Cooperative Bank (KFCB), urging them to utilise its services effectively. He noted that the KFCB was exemplary and had made big strides during eleven years of existence, urging shareholders to increase their shares
When it comes to wire and automated clearinghouse (ACH) fraud, global financial executives agree that the biggest negative impact is reputational damage. Regionally, North American financial executives are experiencing less fraud than their global counterparts, according to a recent survey from electronic payment and banking systems leader ACI Worldwide, which examines global fraud trends in
NCR Corporation a provider of consumer transaction technologies, announced that it is helping the Royal Bank of Scotland (RBS) deliver convenient banking services for its customers. This approach is underpinned by a significant investment by RBS between 2013 and 2016. NCR teams, especially those in NCR’s Dundee Centre of Excellence, are helping achieve this by
The management of customer master data and mandate data in one central, multibank and multi-ERP-capable payment transaction solution is especially important within heterogeneous landscapes. Due to the introduction of SEPA Direct Debit (SDD), mandate management, i.e. an overview of approved direct debit authorisations, will become a necessary “To Do” for every company to implement. SEPA
Fiserv, Inc., a provider of financial services technology solutions, have announced that Mobiliti from Fiserv received the highest score for a customizable solution in the Javelin Strategy & Research 2013-2014 Mobile Banking Vendor Scorecard. The report offers a detailed, competitive analysis and ranking of 11 mobile banking providers based on an evaluation of security, mobile
Online technology portal NUMERIS-MEDIA has released its e-Banking Africa report for December 2013, with a focus on payment cards and remittances. Says Anne Agbakoba, Editor & Chief Reasearch Officer at NUMERIS-MEDIA: “In 2010, 34 per cent (313 million) of Africa’s population was considered to be ‘middle class’, and this figure is projected to triple to
Bank Windhoek was honoured on 11 December 2013 with the “Best Bank in Namibia” award for the sixth consecutive year by EMEA Finance, a UK-based economics magazine that covers Europe, the Middle East and Africa. This award to Bank Windhoek falls in the category of “African Banking Achievement Awards”. 2013 was a successful year for
The Managing Director/CEO of Guaranty Trust Bank plc, Segun Agbaje has been announced as the 2013 Pan Africa- CEO of the Year award winner by EMEA Finance, United Kingdom. Hosted by EMEA Finance; the leading bimonthly global industry publication that reports on major financial events influenced by the international financial industry active in Europe, Middle
Botswana central bank, Bank of Botswana says it will introduce a new family of coin in the first quarter of 2014, the bank disclosed in a statement this week. The introduction of the new coin follows a comprehensive review of the national currency, in this case Botswana coin. “This is in line with international norms
Doxim Inc., a provider of automated client onboarding, enterprise content management and document processing solutions, and Silanis Technology, an electronic signature provider, have announced a strategic partnership that will see Silanis’ e-signature solution e-SignLive™ integrated into Doxim’s solutions for banks, credit unions and wealth management firms. With this partnership, financial institutions using Doxim’s OpenAdvantage® client
