Anti-Money Laundering and Financial Crime Southern Africa Conference 2021

Trade Conferences International (TCI) is hosting its 6th annual Anti-Money Laundering and Financial Crime Southern Africa Conference on 4 & 5 August 2021, at Indaba Hotel, Fourways. The event is set out to create a platform for banks, insurance companies, service providers and government personnel to share their knowledge and experiences on financial crime; build

GCB Bank Commends GOIL For Modernisation Drive

The GCB Bank Limited has commended GOIL Company Limited for its strategic drive towards maintaining its leadership in the downstream petroleum sector. Mr Kofi Adomakoh, Managing Director of GCB Bank explained that GOIL and GCB are fraternal as they both operate as the indigenous backbone of the country in the banking and petroleum sector respectively.

Electronic Payments at the Epicentre of Industry Transformation Says PwC Payments 2025 & Beyond Report

Global cashless payment volumes are set to almost double from 2020 to 2025, from about 1trillion transactions to about 1.9trillion. By 2030, the number of cashless transactions per capita will be roughly double to triple the current level. Asia-Pacific will grow fastest, with cashless transaction volume growing by 109% from 2020 to 2025 and then

More Savings for Business Customers as FNB Keeps Monthly Account Fees Unchanged

Given the slow pace of economic growth and a challenging operating environment due to the Covid-19 pandemic, FNB is keeping monthly account fees unchanged for business customers across the board for the third year running. Several electronic transactions have been made free or reduced given the increased move to digital banking channels and efficiencies the

FNB Launches New Aspire Bank Account, and Customers Will Be Able to Use eBucks to Pay Bank Fees

As part of its annual review effective 1 July 2021, FNB is launching a new FNB Aspire bank account for middle-income customers to replace FNB Gold, and the bank’s customers will now be able to use eBucks to pay their bank fees via the FNB App. CEO of FNB Retail, Raj Makanjee says, “We are

NMG Takes Reins at Botswana’s Biggest Pension Fund

NMG Administrators Botswana, a subsidiary of the Johannesburg-based advisory and intermediary firm NMG Benefits, has been appointed the Fund Administrator for Botswana’s biggest pension fund, the Botswana Public Officers Pension Fund (BPOPF), and officially takes over the administration of the BPOPF on 1 June. The move is a result of a 2017 decision by Botswana’s

Equity Retains Best Bank in Kenya Title for 10 Years in a Row

Equity bags 22 accolades including Best Overall Bank in Kenya, Bank with the lowest charges for individuals, Best Bank in Agriculture and Livestock Financing and Best Bank in Mobile Banking among others. The Bank retains Best Bank in Sustainable CSR for 5 years in a row & Young Banker of the Year for the third

Telkom Launches Africa’s First Virtual Card for Transacting on WhatsApp

Ukheshe, Mastercard, Nedbank and Telkom collaborate to grow access to the digital economy with virtual product that enables secure e-commerce payments on phone Telkom has launched Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even

Yoyo Launches Bank Card-linked Loyalty

A new era of loyalty for retailers, SMEs, and consumers. South Africa has a well-established retail loyalty scene, with over 70% of consumers belonging to at least one programme – according to Truth & BrandMapp’s annual white paper – but recent numbers show that this is declining year-on-year. Research shows that participants want the rewards

FirstBank Clinches Another International Recognition; Ranked Second Most Admired Financial Services Brand in Africa

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has been ranked the second ‘most admired financial services brand’ in Africa – for the second straight year – at the 2021 Brand Africa 100: Africa’s Best Brands Event, held on Africa day, 25th May 2021. Brand Africa is an intergenerational movement