The COVID-19 pandemic has accelerated Africa’s need to transform and adapt self-service banking to meet consumer needs, with smart ATMs playing an essential role. Globally, 2020 saw rapid and unprecedented changes in the banking sector. Lockdowns, calls for social distancing, and a demand for online banking solutions forced banks and financial services to quickly adapt
The partnership will allow over 8m Ethiopian Diaspora to send money instantly through Amole, to Amole Wallet, bank accounts and cash pickup locations at over 2500 locations. Flutterwave, Africa’s leading payments technology company, has today announced its partnership with Amole, Ethiopia’s largest mobile Digital Wallet platform, to facilitate money transfer into Ethiopia through Amole, to
National Kuwaiti Banking Company (KNET) utilizes ACI Enterprise Payments Platform to introduce new innovative, digital payments services for its banking customers ACI Worldwide, a leading global provider of real-time digital payment software and solutions, has announced that it has expanded its partnership with KNET, Kuwait’s national electronic banking company, to launch a number of new and innovative digital payment
Strategic alliance will support the development of Africa’s financial services and the growth of Absa Group, a leading African retail, corporate and investment bank Invest Africa (www.InvestAfrica.com), the leading business and investment platform for African markets, and Absa Group, one of Africa’s largest diversified financial services groups, are pleased to announce a strategic collaboration, aimed
BPC is proud to announce that the Vista Bank Group (Vista) has selected its paytech provider Radar Payments to drive its global payment processing activities. Vista is a Pan-African financial services company, which aims to contribute to economic growth and financial inclusion across Africa. It has an ambitious agenda to challenge the status quo and deliver a superior experience
Masrvi was launched at the end of April and responds to Mauritanians’ banking needs by providing secure and accessible banking services The Mauritanian Bank for International Trade (BMCI) (www.BMCI.mr) has partnered with TagPay to roll out its digital bank Masrvi, aimed at providing digital, value-added financial services to its customers. Powered by TagPay, Masrvi was
S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by Central Bank of Nigeria (CBN), addressed the banking group’s corporate governance challenges and ensures the Nigerian banking sector’s financial stability. In a statement, it stated that its ratings on FBN and other Nigerian
It is no longer strange to hear from business that 2020 was an exceptional year. For some, it was exceptionally bad and lead to unbelievable hardships. For others, it turned into an exceptionally busy year. The Ombudsman for Banking Services (OBS), Reana Steyn, points out that the OBS had a busy year. Fortunately, the OBS
Agility and scalability of Temenos platform supports Curo’s large multi-client fund base and rapid pace of product evolution in the investment industry Temenos Multifonds Global Accounting platform enables Curo Fund Services to deliver seamless back office service; Curo is a third-party administrator for 3,000 funds with assets under management in excess of $150 billion; Agility
New report discusses opportunities and challenges of CBDCs for international payments Sets out practical requirements for adoption of digital currency at scale Outlines how SWIFT can support the financial community as new solutions are developed SWIFT and Accenture have published a paper on central bank digital currencies (CBDCs) in cross-border payments as part of broader
