EXPLORE Group Expands to Offer Data Analytics Services Arm Targeting SME Financial Services Businesses

Posted on by Staff Writer | 3233 Views | 13 min read

Data insights within 24 hours promise to boost business decisions and competitiveness EXPLORE Insights is gearing to offer SME  financial services companies in South Africa a crucial data analytics service aimed at delivering real time insights within 24 hours. “Building an internal analytics capability is expensive and complex. Our aim is to quickly, seamlessly and

West Africa’s Challenger Bank, the Vista Bank Group, Selects Paytech Provider Radar Payments By BPC to Drive its Digital Payment Strategy

Posted on by Staff Writer | 11667 Views | 14 min read

BPC is proud to announce that the Vista Bank Group (Vista) has selected its paytech provider Radar Payments to drive its global payment processing activities. Vista is a Pan-African financial services company, which aims to contribute to economic growth and financial inclusion across Africa. It has an ambitious agenda to challenge the status quo and deliver a superior experience

Mauritanian Bank for International Trade Launches Digital Bank, Masrvi, Powered By TagPay

Posted on by Staff Writer | 5718 Views | 8 min read

Masrvi was launched at the end of April and responds to Mauritanians’ banking needs by providing secure and accessible banking services The Mauritanian Bank for International Trade (BMCI) (www.BMCI.mr) has partnered with TagPay to roll out its digital bank Masrvi, aimed at providing digital, value-added financial services to its customers. Powered by TagPay, Masrvi was

FBNH, FirstBank Boards’ Changes Ensured Stability

Posted on by Staff Writer | 3849 Views | 6 min read

S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by Central Bank of Nigeria (CBN), addressed the banking group’s corporate governance challenges and ensures the Nigerian banking sector’s financial stability. In a statement, it stated that its ratings on FBN and other Nigerian

SA Banking Ombudsman 2020 Annual Report – 19% Increase in Complaints

Posted on by Staff Writer | 3612 Views | 39 min read

It is no longer strange to hear from business that 2020 was an exceptional year. For some, it was exceptionally bad and lead to unbelievable hardships. For others, it turned into an exceptionally busy year. The Ombudsman for Banking Services (OBS), Reana Steyn, points out that the OBS had a busy year. Fortunately, the OBS

Innervation Rewards Collaborates with Mastercard to Digitise and Simplify Expense Management for Corporates in South Africa

Posted on by Staff Writer | 4196 Views | 11 min read

Innervation Rewards, an incentive and rewards company, has partnered with Mastercard to launch SlipMate, an intelligent expense management solution designed for South African companies to reconcile employees’ corporate expenses from their Mastercard prepaid corporate card. SlipMate offers a mobile app that empowers employees to easily capture, submit and track expense claims. Backed by Standard Bank

South Africa’s Largest Fund Administrator Goes Live with Temenos

Posted on by Staff Writer | 3466 Views | 14 min read

Agility and scalability of Temenos platform supports Curo’s large multi-client fund base and rapid pace of product evolution in the investment industry Temenos Multifonds Global Accounting platform enables Curo Fund Services to deliver seamless back office service; Curo is a third-party administrator for 3,000 funds with assets under management in excess of $150 billion; Agility

Mastercard New Payments Index: Consumer Appetite for Digital Payments Takes Off in Egypt

Posted on by Staff Writer | 5695 Views | 16 min read

94% of consumers in Egypt are considering emerging payments such as biometrics, digital wallets, transfers and QR codes, in addition to Contactless, according to the Mastercard New Payments Index 83% of consumers in Egypt have access to more ways to pay compared to this time last year 3 out of 4 Egyptian consumers say digital

SWIFT and Accenture Publish Joint Paper on Central Bank Digital Currencies in Cross-border Payments

Posted on by Staff Writer | 3406 Views | 13 min read

New report discusses opportunities and challenges of CBDCs for international payments Sets out practical requirements for adoption of digital currency at scale Outlines how SWIFT can support the financial community as new solutions are developed SWIFT and Accenture have published a paper on central bank digital currencies (CBDCs) in cross-border payments as part of broader

GCB Records Significant Growth In Q1

Posted on by Staff Writer | 3829 Views | 9 min read

GCB Bank recorded significant growth in all key performance indicators during the first quarter of 2021, compared to the same period in 2020. Strong growth in customer deposits, revenue and increased focus on optimization of operating expenses were the key drivers of the performance. Profit for the period (before tax) amounted to GHS 181.39m, up