MCB has won the “Bank of the Year 2019” in Mauritius title award by the prestigious publication The Banker, a subsidiary of the Financial Times Group. The trophy was given to Raoul Gufflet, Deputy Chief Executive of MCB Ltd, on the occasion of an event held at the Sheraton Grand London Park Lane Hotel in
We are delighted to announce that the SWIFT African Regional Conference (ARC) will take place in Cape Town, South Africa, on 21-23 April 2020. ARC is an annual event bringing together more than 600 leading financial services executives from over 55 countries, across Africa and beyond, to do business and shape the future of Africa’s
While thousands of South Africans travel to China each year for leisure and business purposes, transacting in the country can be a frustrating experience. The limited acceptance of other international bank cards forces travelers to first convert Rands to Renminbi and then carry that foreign currency in cash. While some credit card facilities are available,
uKheshe, a locally developed financial inclusion platform, has further enhanced its offering to the unbanked by collaborating with Mastercard to enable informal traders, street vendors and casual labourers to accept digital payments through Masterpass, Mastercard’s digital payment service. By combining their expertise and reach, the companies intend to boost financial inclusion, targeting the more than
Two years after its launch, Orange Bank is living up to its initial promise; occupying a position in the banking market with an offer that differentiates it from the competition: simple, accessible, above all mobile and regularly enriched with new services such as transfers by SMS in 2018 and the Visa Premium card in 2019.
Standard Bank Group has been recognised once again for its accomplishments over the past year. This time round, the bank has secured prestigious country awards in South Africa, Lesotho, Zambia, Zimbabwe and Angola in the Bank of the Year awards for 2019. Regarded as the industry standard for banking excellence, The Banker’s (part of the
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, has announced its partnership with Union Systems Limited, a key provider of financial software solutions and professional services to major banks in East and West Africa. The two companies together will support organisations in their digitisation strategies of post–trade environments – whether it is liquidity
ACI Worldwide has announced a global strategic collaboration with Microsoft via the Microsoft Partner Network to support the payments industry’s rapid adoption of technology deployed in the public cloud. As one of Microsoft’s top 10 global ISV partners in the financial services industry, ACI will support the company’s industry growth and extend the reach of
For the quarter ended September 2019, MCB Group has posted profits of Rs 2.5 billion, which represents an increase of 18.9% in comparison to the corresponding period last year. Commenting on the results, Pierre Guy Noël (Chief Executive – MCB Group Ltd) said: “Group attributable profits went up by 18.9% to reach Rs 2,533 million
FNB has launched Easy Zero, a fully-fledged digital bank account with a card to allow customers to transact easily, conveniently and safely without paying a monthly fee. The mobile account was formerly known as eWallet eXtra. The revamped digital account will now have a branded FNB bank card, providing customers with free card swipes, cost-effective
