Absa Bank Kenya Partners with Huawei to Build a New Digital Foundation for Branch Networks

SD-WAN, as a next-generation technology and service, can help banks connect their branches and promote smart branch upgrades by constructing a powerful network I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to offer cutting-edge digital solutions to our customers. A strong, resilient network

Bank of Namibia to Apply to the High Court for the Liquidation of Trustco Bank Namibia

It has come to the attention of the Bank of Namibia (BON) that Trustco Group Holdings Ltd (TGH) has issued a media release claiming, amongst other things, that the Bank of Namibia denied an offer by (TGH) to capitalise Trustco Bank Namibia Ltd (TBN) by an amount of N$1.0 billion. Further reference is made to

Fidelity Partners SMEDAN to Empower SMEs

In what has been termed a major move to bridge the gap in helping small businesses access much-needed funding and capacity development initiatives, leading financial institution -Fidelity Bank Plc – has announced a strategic partnership with the Small and Medium Enterprises Development Agency (SMEDAN). At a Memorandum of Understanding (MOU) signing ceremony held in Lagos

Equity Gets Recognition for Championing Sustainable Finance Initiatives in Support of the Region’s Recovery and Resilience

Equity clinched top position in Best Bank in COVID-19 Response and Best Bank in SME Financing award categories and 1st Runners-Up in Best Overall Bank  Equity Bank Kenya has been recognized by the Kenya Bankers Association (KBA) at the 2021 SFI Catalyst Awards for its efforts in championing sustainable finance initiatives in support of the region’s

Unity Bank Supercharges Core Banking Systems with Huawei OceanStor All-Flash Storage

In a financial world that’s developing at unprecedented pace, simply keeping up is a challenge in itself. So how can banks thrive and move ahead? Staying in front of the technology curve is now critical. To set itself apart in the digital era, any bank needs cutting-edge technologies that allow it to quickly and securely

FirstBank Partners Verve International, Makes Customers Millionaires in the FirstBank Verve Card Promo

In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out

Virtual Card Transaction Volumes to Surpass 121 Billion Globally by 2027; Driving Adoption of Contactless Payment Methods

A new study from Juniper Research has found the number of virtual card transactions will exceed 121 billion globally by 2027; increasing from 28 billion in 2022. This represents growth of 340%. It predicts the rising integration of virtual cards to existing digital wallets services, such as Apple Pay and Google Pay, will drive this growth by

TymeBank’s TymeAdvance Takes Off as Employers Look to Reduce Employees’ Financial Stress

Salary advance delivers significant benefits for cash-strapped employees TymeBank, South Africa’s fastest-growing digital bank, is helping South African businesses reduce their employees’ financial stress with TymeAdvance, a zero-interest solution that gives staff early access to their earned salary, while protecting them from expensive debt. “Consumers are having a tough time making ends meet, even those

Nedbank Banks on the African Metaverse

One of the largest financial services groups in Africa, Nedbank, partners with Africarare to lead in the virtual world  As the digital economic voyage into the metaverse starts to accelerate, major players in trade and industry are poised to develop custom experiences in this digitally enhanced world, which is being heralded as the future of

ISON Xperiences Supports AI Partner, LivePerson, to Transform Capitec’s Banking Experiences Using Next-Generation Digital Innovation

The strategic partnership is to provide a more personalized, seamless banking journey for Capitec clients Customer experience management and business process outsourcing company, iSON Xperiences, is empowering the banking industry to adopt tailor-made solutions to advance the sector’s digital offering. The company uses the powerful capabilities of technology, including AI, to create valuable customer experiences