First Bank of Nigeria Promotes Financial Inclusion through Digitisation in Sub-Saharan Africa

Posted on by Staff Writer | 21514 Views | 9 min read

First Bank of Nigeria Limited has announced its organisation of a Joint Seminar with sub-Saharan African Banking and Telecom Regulators to promote financial inclusion through digital innovations in sub-Saharan Africa. The event which was held in Lagos recently was themed “Advancing ePayment and Digital Innovations in Africa- Evolution of Nigeria’s Payment Systems”. The seminar was

Consumers are Showing a Strong Appetite to Save, According to FNB

Posted on by Staff Writer | 3768 Views | 10 min read

FNB has revealed that South African consumers are showing strong appetite to save after its customers initiated nearly 20 000 savings goals in just a few days since the launch of the Savings Goals feature on the Bank’s App. To date, some of the top Savings Goals that have been chosen by consumers include: saving

African Fintech Innovators Join Forces to Advance Digital Financial Inclusion in Africa

Posted on by Staff Writer | 3819 Views | 13 min read

It’s official! The third annual African Fintech Unconference (AFU19) will be held on 10 – 12 September 2019 on the shores of Lake Victoria in Uganda. This dynamic industry event is co-convened by African fintech pioneers Nomanini, MFS Africa, and Tugende. Over the past decade, the progress made within financial inclusion has emerged as one

ACI Worldwide Powers Digital Innovation and Financial Inclusion for Egyptian Banks Company

Posted on by Staff Writer | 4585 Views | 10 min read

Egyptian Banks Company enters new phase of long-standing relationship with ACI as it prepares for launch of national payments scheme. ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced that Egyptian Banks Company (EBC) has completed its transition to the latest version of ACI’s UP Retail Payments solution. EBC,

Mobile Money Transfers to Exceed 200 Billion Transactions in 2024, as Domestic P2P Drives Growth

Posted on by Staff Writer | 2927 Views | 8 min read

New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P payments will drive this growth; accounting for 80% of all domestic transfers in 2024. According to the new research, Digital Money Transfer & Remittances: Domestic

Vodacom Launches VodaPay Masterpass App for Digital Payments

Posted on by Staff Writer | 4219 Views | 12 min read

Want to top with up with mobile data in a matter of seconds, grab that purchase and go, or pay your bills from the comfort of your couch? You’re not alone. Today people are living an increasingly digital – and mobile – life and they expect their ability to pay for their needs and wants

Fiserv Enables Digital Delivery of Consumer Bills Via Mobile Wallet

Posted on by Staff Writer | 2795 Views | 8 min read

Mobile Bill Presentment puts bills conveniently on consumers’ smartphones Fiserv, Inc., a leading global provider of financial services technology solutions, is helping companies to stay ahead of changing consumer payment preferences by enabling their customers to receive and pay their bills via seamless mobile-first interactions. Mobile Bill Presentment from Fiserv allows clients to digitally present

SWIFT: Embracing the Digital Economy

Posted on by Staff Writer | 3457 Views | 14 min read

SWIFT’s 26th African Regional Conference (ARC) was the largest yet, gathering more than 600 participants from 55 countries in Accra, Ghana, to talk about the future of Africa’s financial services sector. His Excellency Nana Akufo-Addo, the President of the Ghana, opened ARC 2019 and explained the steps being taken by Ghana to enable the digital

Corporate Treasurers in EMEA are Looking Beyond their Banks for Innovation, According to Finastra

Posted on by Staff Writer | 2732 Views | 15 min read

New research highlights need for banks to embrace Open Banking-enabled consortia business models 70% of corporate treasurers believe that a shift from bank to non-bank services will take place within their organizations over the next two to five years 74% of corporate treasurers believe access to real-time payments reporting is the key treasury opportunity for

Standard Bank Launches SimplyBlu Digital Solution for SMEs

Posted on by Staff Writer | 3751 Views | 25 min read

The launch of Standard Bank’s unique SimplyBlu digital solution powered by Mastercard could see thousands of South African small businesses crossing the ‘digital divide’ and entering the world of electronic trading, until now an option that has been closed to local companies because of the costs involved with setting up an online presence. One of