How African Banks Need to Reimagine Their Payments Operating Model to Withstand Disruption

A new report by Boston Consulting Group has found that in light of the current disruptive payments landscape in Africa, banks need to create suitable operating structures and partnerships to fortify their retail payments positioning and create the conditions for lasting success. The rising demand for electronic payments is creating fundamental shifts across Africa and

CR2 Recognised as a Top Performer, Achieving “Technology Standout” Designation

CR2 recognised as a top performer and achieved “Technology Standout” designation in Celent ABC vendor view for Retail Digital Banking Platforms CR2 a global leader in digital banking and payments business has achieved the “Technology Standout” designation by Celent in their ABC Vendor View for “Retail Digital Banking Platform: International Edition”. This report set out

Nedbank CIB Sponsorships Promote Collaborative Action Towards a More Sustainable Africa

Nedbank Corporate and Investment Banking (CIB) recognises that delivering a maximum sustainable-development impact requires a combination of innovative sustainable finance and a commitment to leveraging our influence to grow awareness of, and participation in, the sustainability agenda. Many of our sponsorships are geared towards the latter, to not only strengthen our position as a sustainability

Ecobank Kenya Appoints Josephine Anan-Ankomah as New Managing Director

Josephine replaces Cheikh Travaly who retired in December 2022 after 21 years at the Bank She is a career banker with over 30 years of experience within the Ecobank Group She joins as the former Ecobank Group Executive for Commercial Banking Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs. Josephine Anan-Ankomah as the

African Fintech Paycode on a Winning Streak After Receiving 4th Accolade in 10 Months

Selected from a pool of 98 highly qualified applicants across 34 countries, Paycode were judged based on rigorous criteria by an expert Advisory Committee.  Biometric identity and digital payments fintech, Paycode (https://Paycode.com), has been selected as one of the Top 4 Finalists in the Women’s World Banking Fintech Innovation Challenge and will be competing live

RBR Launches Global ATM Intelligence Service to Help Executives Navigate Changing Retail Banking Landscape

With retail banking and customer behaviour continually evolving, adaptation is the name of the game, and staying abreast of market trends is more important than ever Ongoing service helps banks and suppliers understand challenges and opportunities Retail banking is changing, as consumer payments habits evolve and banks reshape their physical distribution networks. Banks face a

Fidelity Bank Appoints Pamela Shodipo as Executive Director, South Directorate

In furtherance of its strategic objectives, leading Nigerian bank, Fidelity Bank Plc, has announced the appointment of Mrs. Pamela Shodipo as Executive Director, South Directorate following regulatory approval by the Central Bank of Nigeria. Pamela joins the Board of Fidelity Bank Plc with over 25 years multifunctional and cross-border banking experience at leading financial institutions

Western Union International Money Transfers Now Available on Equity Mobile App and Equity Online

Equity customers can now send and receive money conveniently through Western Union straight from their phones. The Bank’s digital strategy has seen it enhance its digital banking experience, while creating more convenience and accessibility for customers. Equity has integrated Western Union services on its Equity Mobile App and Equity Online banking suites as part of

Standard Bank Advises Vivo Energy on its Combination with Engen to Create a Pan-African Energy Champion

Standard Bank is pleased to announce that it advised Vivo Energy on its combination with Engen to create one of Africa’s largest energy distribution companies. The combined group will have over 3,900 service stations and more than two billion litres of storage capacity across 27 African countries. Engen is the clear market leader in South

How the Digital Banking Revolution Can Help South African Banks Regain Their Customers’ Love

With a recent report showing that over 80% of South Africans are ready to do all or most of their banking digitally, retail banks will need to reimagine their customer service with continuous innovation to meet and exceed customers’ evolving expectations. Retail banking in South Africa is increasingly competitive, with fintechs, neobanks and digital players