IDEMIA, the global leader in Augmented Identity, is delighted to announce its partnership with Kuwait Finance House (KFH) to offer the first metal payment card in the country. This full-metal-card is the most premium product of the IDEMIA Smart Metal range. Long considered a pioneer in Shar’iah compliant banking and one of the foremost Islamic
SWIFT will hold the 26th edition of the African Regional Conference (ARC) on 18-20 June 2019 in Accra, Ghana. The President of the Republic of Ghana, His Excellency Nana Akufo-Addo, will open the event. ARC is an annual event which brings together more than 500 senior financial professionals from across the continent to discuss the
Payment industry experts from Africa and across the world have joined forces with SWIFT to step up the drive to move cross-border transactions to the ISO 20022 standard. First published in 2004, ISO 20022 is a methodology, or recipe, which can be followed when creating financial messaging standards. It supports rich data structures, thereby enabling
GCB Bank Limited posted a significantly improved bottom line with net profit of GH¢323.13 million for the year ended 2018. This translates into growth of GH¢110.42 million over the GH¢212.72 million recorded in the 2017 financial year. Top line growth was appreciable despite instability in the banking industry with 2018 recording GH¢1,260 million as total
First National Bank (FNB) has launched a new functionality on its banking app that enables customers to shop directly from the app. The eBucks Shop, which was previously only accessible on the eBucks website, offers customers exclusive pricing for products ranging from tech and gaming to appliances and outdoor. FNB is the first bank to
Standard Bank Group has appointed Mr. Tau Mashigo as its new Chief Technology Officer (CTO), effective 1 April, reporting to the Chief Information Officer (CIO). Mashigo will drive and support Standard Bank’s strategic intent to become a fully digital organisation and assist in the transition to Cloud technology. The digitisation and data strategy will see
Eleven payments associations representing over 10,000 financial institution members, businesses and stakeholders, has announced a new program to advance the payments industry through joint development of market intelligence and thought leadership. The participating payment associations–ePayResources, EPCOR, MACHA, NEACH, PaymentsFirst, SHAZAM, Southern Financial Exchange, The Clearing House Payments Authority, UMACHA, WACHA and WesPay–span all 50 states
FSS (Financial Software and Systems) has launched FSS Voice Commerce, a real-time voice banking platform that offers customers, meaningful, contextual and personalized banking interactions. Enabling banks to deepen customer engagement via conversation-led banking and deliver interactive service experiences to its customers, FSS Voice Commerce is set to take frictionless banking to the next level. The
Bank is the first in the region to launch Chat Banking via WhatsApp Emirates NBD customers can now chat bank via WhatsApp as the bank introduces customised services via the WhatsApp Business Solution, a first in the region. Enhancing the bank’s award-winning suite of digital capabilities, Emirates NBD Chat Banking via WhatsApp, supported by Infobip,
The country’s leading retail bank has once again ensured a solid set of financial year end results, driven by its simplified and transparent banking solution delivered through innovative technologies. The bank’s offer, built on its commitment to making banking affordable, easy to access and delivered through a personalised experience, continues to resonate with clients. Their
