Emirates NBD customers in the UAE will soon be able to get banking updates, track spends as well as listen to daily market briefings on their Amazon Alexa devices, as the bank continues to lead digital innovation in the MENA region with new Voice Banking solutions powered by “Amazon Web Services” (AWS). Using the Emirates
Through the strategic investment, Standard Bank has launched a mobile application, powered by Nomanini, which offers underserved informal retailers financial services for the first time CAPE TOWN, 27th August 2019—Nomanini, the pioneering fintech platform for the informal retail ecosystem, has today announced a $4m funding round led by Standard Bank, Africa’s largest bank, and completed
SBM Bank has partnered the leading global payment network UnionPay International to roll out its UnionPay Prepaid Card. The partnership with SBM Bank enables cardholders of UnionPay prepaid card to leverage on UnionPay’s global footprint to make both online and real-time purchases. UnionPay cards are accepted in 174 countries and regions with 55 million merchants
Over 63% of the population of West Africa is unbanked and has a high mobile usage of 83%, thus suggesting the scope of successful digital transformation of banking and fiscal operations to establish growth not only in technology usage but also in the banking customer base. The region is ripe for technological disruption and is
Ingenico, the global leader in seamless payment, analyses the disruptive trends that will transform the payment industry in the future. For Michel Léger, EVP Innovation at Ingenico: “Over the past five years, consumer behaviour and expectations have radically changed the way we make and take payments: until recently, consumers still had to pay when they
FNB Financial Highlights: Pre-tax profits up 11% Strong contribution from Retail, Commercial and Rest of Africa Domestic customer numbers at 8.2 million Digital platform providing new growth opportunities Upsell and cross-sell drove advances growth Targeted advances growth to existing client base NIR up by 11% in a difficult market Video and podcast link of Jacques
South Africa’s newest mobile network, Standard Bank Mobile, has expanded its service offering to allow customers to purchase Apple, Samsung and Huawei smartphone devices with a convenient financing option. The Bank has introduced an innovative way to acquire a smartphone by financing devices over 24 months using an extended payment facility on Standard Bank credit
Bank granted SAMA approval to open 20 new branches in the Kingdom Emirates NBD, a leading banking group in the region, has announced plans for further expansion in The Kingdom of Saudi Arabia (KSA), following approval from SAMA (The Saudi Arabian Monetary Authority) to open 20 additional branches in the Kingdom. The announcement reflects KSA’s
GCB Bank Limited has been voted the Best Bank in Ghana in Anti-Money Laundering (AML) Compliance. The award was conferred on the Bank this Thursday at the on-going Certified Compliance Professionals in Africa (ACCPA) Conference in Johannesburg, South Africa. GCB Bank was outstanding in the country-based category of Anti-Money Laundering Compliance measures. The other banks
The Board of Directors of Zenith Bank Plc has approved the appointment of Mr. Henry Oroh as Executive Director of the bank. The appointment is consistent with the bank’s tradition and succession strategy of grooming leaders from within. Also, the Board has approved the appointment of Dr. Al-Mujtaba Abubakar, FCA, as an Independent Non-Executive Director.
