Mauritius Commercial Bank Taps Windward’s AI Solution to Optimize Trade Finance and Compliance Processes

Posted on by Staff Writer | 4244 Views | 9 min read

MCB will integrate Windward’s Predictive Intelligence solution to increase efficiency across its trading practices, empowering MCB to continue to trade with confidence in an era of rapidly increasing risks Windward the Predictive Intelligence company applying AI to transform global maritime trade, and Mauritius Commercial Bank Ltd the longest-standing and leading banking institution in Mauritius have

SWIFT Community Update – Focus on South Africa: Technology Evolution: Delivering the New SWIFT Platform

Posted on by Staff Writer | 3874 Views | 21 min read

Sending payments across borders requires high levels of collaboration, communication, and trust. And that experience should be as straightforward, simple, and secure as possible. By transforming the SWIFT platform to centrally orchestrate transactions end to end, we are taking the next step towards enabling instant, frictionless cross-border, account-to-account payments. Here, Stephen Lindsay, Platform Evolution –

FNB’s eBucks Rewards Programme is Revolutionising Financial Services

Posted on by Staff Writer | 4392 Views | 12 min read

The longest running behavioural rewards programme in SA’s banking sector FNB’s eBucks Rewards programme is South Africa’s leading multi-partner rewards programme that has spent the past 20 years driving good banking behaviour and rewarding customers with R14.2 billion in eBucks since inception. To date, customers have redeemed R13.3 billion in eBucks through a network spanning

FirstBank Hits Over 86,000 Firstmonie Agents, Empowers More Nigerians

Posted on by Staff Writer | 3994 Views | 7 min read

In furtherance of the need to promote the business activities of its foremost agent banking platform; Firstmonie Agents, Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities up to one million naira to its banking agents. The Bank currently has over 86,300 Firstmonie Agents, spread across

Botswana Savings Bank Goes Digital – BSB selects CR2 to Power its Digital Offering

Posted on by Staff Writer | 6768 Views | 15 min read

Botswana Savings Bank (BSB) has selected global leading digital banking provider, CR2, to launch a suite of digital banking channels and payment services.  This will allow BSB to execute their digital transformation strategy and offer a suite of value added services to their customers via digital channels. The sheer importance of providing dynamic digital banking

Faisal Islamic Bank Becomes First Sudanese Bank to Obtain Mastercard License through Network International Partnership

Posted on by Staff Writer | 8587 Views | 11 min read

Enabling digital transactions in Sudan supports Mastercard continued effort to bring 1billion people into the digital economy by 2025. Partnership will enable bank customers and businesses with greater choice and convenience in shopping.   Faisal Islamic Bank (FIB) in collaboration with Network International, the leading enabler of digital commerce across Africa and the Middle East,

Ukheshe and KCB in Deal to Boost East African Payment Services

Posted on by Staff Writer | 4486 Views | 9 min read

In an initiative that will see the growth and development of payment services within the East Africa region, leading digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender KCB Bank Kenya. Through the agreement, KCB will sponsor Ukheshe’s Bank Identification Number (BIN) number, which will allow Ukheshe

The Ocean on 76 Group Makes Inroads Into Digital Banking

Posted on by Staff Writer | 3534 Views | 8 min read

Ukheshe, a digital fintech platform provider, has announced the appointment of Prins Mhlanga, CEO of Ocean on 76 Group, as a non-executive director. Since launching two years ago, Ukheshe has established itself as a leading payment technology specialist successfully collaborating with several blue-chip payment brands. The appointment of Mhlanga comes at a time when the

New Fintech Brand Launches SA’s First Open Banking Offering

Posted on by Staff Writer | 3902 Views | 15 min read

In a positive move for the South African fintech landscape, Spot Money has launched the country’s first Open Banking offering. The move follows the 2020 acquisition of the Virgin Money South Africa business by a leading South African private equity firm, in partnership with the local executive management team. Central to the rebrand of the

Mr. Emmanuel Odartey Lamptey Sworn-in as Deputy Managing Director of GCB Bank

Posted on by Staff Writer | 3851 Views | 6 min read

The Board of GCB Bank Limited has announced the appointment of Mr. Emmanuel Odartey Lamptey as the new Deputy Managing Director (DMD) – Operations. Mr Lamptey was sworn in as the DMD Operations and Executive Director of the Bank on Wednesday, 20th January 2021 by Justice Sophia Bernasko Essah, a Justice of the Court of