FNB has been announced as the Best SME Bank in South Africa and Africa at Global Finance’s inaugural SME Bank Awards. The criteria for Best SME Bank is based on knowledge of SME markets and needs, breadth of products and services, market standing, and innovation. FNB was recognised as the bank that best meets the
BankservAfrica went live with an Application Programming Interface (API) for its Real-Time Clearing (RTC) payments solution. The first financial transactions on RTC were processed on 20 October 2021, after the API development was completed successfully by BankservAfrica and TymeBank. TymeBank is the first South African bank to leverage this modern and agile connectivity to BankservAfrica’s
SOLMate has announced the launch of its newly branded SOLMate prepaid debit cards. In its ongoing effort to offer clients a fully-fledged financial ecosystem in their pockets, SOLMate has further enhanced its solutions with the launch of this new generation debit card. In addition to the host of payment services housed in the SOLMate app,
– Only solution to offer robust combination of network and issuer tokens – Ability to offer future ready tokenization across all payment modes like UPI, net banking & contactless device payments India’s leading online payments solutions provider, announced the launch of its unique tokenisation solution ‘PayU Token Hub’, which will enable businesses to comply with RBI’s
The Board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past Managing Director of Fidelity Bank Plc., Mr. Nnamdi Okonkwo as its Group Managing Director. Okonkwo’s appointment takes effect from January 1, 2022. His appointment followed the retirement of Mr. U.K. Eke, who has completed his two-term tenure. Uke, according to the board, tendered
FNB has been recognised by the Global SME Finance Awards 2021 in the Best Bank for Women Entrepreneurs category with an Honourable Mention for its Women in Business portfolio. Launched in 2018 and now in its fourth year, the Global SME Finance Awards were set up to recognise the commitments and distinguished achievements of financial institutions and
Ecobank also wins ‘Excellence in SME Banking’ Award The Ecobank Group, the leading pan-African banking group, has won two awards with its Ellevate Programme. The Financial Alliance for Women honoured Ecobank with its ‘Impact Award’, recognising Ecobank’s work in supporting women-owned and womenfocused businesses across the continent. Ellevate by Ecobank also won the ‘Best New
The Absa Group Limited Board has announced the appointment of Sello Moloko as independent non-executive director and Chairman-designate with effect from 1 December 2021. Sello Moloko is to commence the role as Absa Group Chairman on 1 April 2022. Sello will take over from Wendy Lucas-Bull who will step down on 31 March 2022, which
This latest report in CR2’s Market Insight series discusses how Africa represents a massive market that is providing opportunity for investors to bring large segments of the continent’s unbanked online Africa is in the midst of a fintech transformation. Millions of Africans are now connected to financial services as a result of hundreds of start-ups.
Absa Group has announced the appointment of Saviour Chibiya as Group Executive: Absa Regional Operations (ARO). Saviour will be responsible, together with RBB and CIB for the Group’s ARO businesses and for the Group’s strategy, collaboration and relationships with its key stakeholders across those businesses. Saviour will be a member of the Group Executive Committee
