Four Award Wins for Standard Bank at the 2022 Private Banker International Global Wealth Awards

Posted on by Staff Reporter | 7563 Views | 19 min read

Standard Bank, Africa’s largest financial services organisation by assets, is honoured to have received a series of awards and special mentions at the 32nd annual Private Banker International (PBI) Global Wealth Awards 2022. This year, Standard Bank Wealth & Investment took the top spots in the following categories: Outstanding Global Private Bank: Africa Outstanding Wealth

Bank of Nambia Warns of 419 Scams Targeting Public Figures

Posted on by Staff Reporter | 14141 Views | 13 min read

The Bank of Namibia has noted with concern an increasing number of scammers seeking unsolicited financial assistance from Namibians to finance the country’s developmental agenda targeting senior public figures including politicians and civil servants. These scams are known as ‘419 scams’, popularly known to trick victims into paying a certain amount of money to fraudsters

Ground-Breaking SWIFT Innovation Paves Way for Global Use of CBDCs and Tokenised Assets

Posted on by Staff Reporter | 15403 Views | 17 min read

SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem. The findings, from two separate experiments, solve the significant challenge of interoperability in cross-border transactions by bridging between different distributed ledger

Traderoot Africa and Oracle Collaborate to Enable TCIB Payment Solution for SADC Financial Services Providers

Posted on by Staff Reporter | 12186 Views | 14 min read

Traderoot Africa and Oracle Financial Services have created an exciting and unique collaboration in which Traderoot Africa’s Certified TCIB Integration ISO e-Bus and the Oracle Banking Payments TCIB payment processor have been integrated to offer an end to end industry-grade TCIB payments solution. Financial inclusion of the underbanked and unbanked population is subject to the availability of suitable

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

Posted on by Staff Reporter | 15172 Views | 41 min read

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

Posted on by Staff Reporter | 10528 Views | 16 min read

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

Posted on by Staff Reporter | 9233 Views | 9 min read

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

Posted on by Staff Reporter | 11241 Views | 10 min read

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

Posted on by Staff Reporter | 15493 Views | 20 min read

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

Posted on by Staff Reporter | 14882 Views | 8 min read

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