FinTech in South Africa: Accelerating the Digital Transformation of Banking & Financial Services

Posted on by Staff Writer | 3429 Views | 19 min read

Africa’s financial services landscape continues its dynamic evolution as the rapid growth of FinTech on the continent drives both the disruption and leapfrogging of legacy systems and further accelerates the digital transformation of financial services. In South Africa, the major banks are rapidly ramping-up their own innovation strategies and collaborating with new game-changing start-ups to

FirstBank CEO, Adesola Adeduntan named African Banker of the Year

Posted on by Staff Writer | 3287 Views | 6 min read

Dr. Adesola Adeduntan, the Managing Director/CEO of First Bank of Nigeria Limited & Subsidiaries, has been named the African Banker of the Year in the African Leadership Magazine Persons of the Year Award which took place in Johannesburg, South Africa on Saturday, February 24, 2018. He was also inducted into the African Leadership CEOs Hall

FNB Produces Strong Results Despite Tough Conditions

Posted on by Staff Writer | 3179 Views | 16 min read

Profits from FNB’s Retail business surged 21%, while the bank’s Commercial business units produced profit growth of 13%. The results were robust given modest advances growth.   The bank’s Retail businesses experienced excellent contributions from its client franchises; credit card, residential mortgages and the transaction franchise all showing strong double digit growth. Credit card earnings

Entersekt Launches Connekt a New Digital Commerce Enablement Tool

Posted on by Staff Writer | 2257 Views | 11 min read

Banks are up against increased competition from nimble fintech start-ups as the need to adapt quickly to dramatic changes in consumer behaviour, new technology, and the fast-evolving regulatory environment continues to pose a challenge. Mobile security and authentication specialist Entersekt will hold the global launch of a new digital commerce enablement tool, Connekt, on 6

ATMIA Launches New Industry Research Portal

Posted on by Staff Writer | 2485 Views | 3 min read

ATMIA today launched a new Industry Research Portal to assist its members in finding freely available research information as well as reasonably priced research reports recommended by the association. “We discovered a whole range of publicly available data sources for our industry as well as many excellent research companies providing reasonably priced research which will benefit our

FinTech is Fast-tracking the Transformation of Banking and Financial Services in Africa

Posted on by Staff Writer | 2264 Views | 17 min read

Africa’s financial sector is in the midst of an exciting and profound transformation. The rapid growth of FinTech on the continent is driving the disruption and, in many cases, leapfrogging of legacy systems as innovators accelerate the digital transformation of financial services across Africa. This has further spurred the leading incumbent banks in Africa to

ATMIA Partners with New Global ATM Research

Posted on by Staff Writer | 2401 Views | 8 min read

ATMIA, the only global trade association for the ATM industry, has launched a new research partnership with leading award-winning software and analytics group, P1M1, which includes discounts for the association’s 11,000+ members. As part of the agreement, P1M1’s annual global ATM Efficiency Benchmarking Report, priced at $10,000, will be available at $9,000 for ATMIA members.

UnionPay QRC Product Debuts in Africa Region

Posted on by Staff Writer | 3731 Views | 9 min read

UnionPay and KCB jointly announced that they are bringing QRC Payments to the people of Kenya. UnionPay International is accelerating the promotion of UnionPay QR code payment in markets outside Mainland China to create more usage of electronic payment channels, such as the “UnionPay” APP, and is a building an infrastructure model primarily focused on

FirstBank: Recognition of Relevance with Accolades

Posted on by Staff Writer | 3176 Views | 16 min read

First Bank of Nigeria Limited, in the financial year 2017 received an avalanche of awards in recognition of its activities and interventions in various sectors in the financial services industry. The awards epitomize the Bank’s sustained relevance to its customers and the nation at large for 124 years. FirstBank was named the ‘Most Valuable Bank

New Year Message from CEO of ATMIA

Posted on by Staff Writer | 2424 Views | 6 min read

ATMIA today looked forward to a positive 2018 for the global ATM industry, calling on its 10,500 strong membership base to get behind its 2018 conferences as part of a growing unity to face the future together, tackling security issues while maximizing the opportunities afforded by the association’s widely supported Consortium for Next Generation ATMs.