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Central Bank of Nigeria Committed to Effective Electronic Payments System

Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, CON, says the Bank remains committed to realizing the vision of providing Nigeria with a secure, robust and Read More →

Barclays Bank Mauritius Restructures and Gets New Banking Licence

At a function held at the Bank of Mauritius Tower, the Bank of Mauritius (the Bank) granted a new banking licence to Barclays Bank Mauritius Limited, a locally incorporated wholly Read More →

Visa and Equity Bank Launch New Money Transfer Service: Visa Personal Payments

Visa in Kenya announced the launch of Visa Personal Payments (VPP) in collaboration with Equity Bank, East Africa’s largest commercial bank by customer base. Visa Personal Payments is a convenient, cost-effective Read More →

South African E-banking Survey Reveals Surge in Mobile Banking

Online research specialists Columinate have released the results of the second annual Internet Banking SITEisfaction survey, a report on customers' usage and perceptions of e-banking in South Africa. The survey Read More →

Michael Jordaan to Step Down as CEO of South Africa’s First National Bank

The Board of FirstRand Limited announced that Jacques Celliers will succeed Michael Jordaan when he steps down as CEO of First National Bank at the end of this year to Read More →

Earthport Builds on Cross-Border Payments Network with First Route into North Africa

Earthport, the UK listed cross-border payments service provider, today announced the roll out of a fully automated payment service into Morocco. According to the release Morocco is one of the top Read More →

Diamond Bank Group Managing Director/CEO, Wins USAfrica International Banker Of The Year 2013 Award

Dr. Alex Otti, the Group Managing Director/CEO of Diamond Bank, has won the USAfrica Best of Africa 1st International Banker of the Year 2013 award. The trophy was handed to Dr. Read More →

Kenyan Banking Sector Records Improved Performance in 2012

The Central Bank of Kenya says that generally, the banking sector was sound and stable and recorded improved performance in 2012 as indicated by Total net assets which increased by Read More →

Visa Mobile POS Boosts Travel and Tourism Businesses in South Africa

Visa’s new mobile point-of-sales (mPOS) device that makes it much easier and cheaper for smaller and medium enterprises (SMEs) to accept card payments, was showcased at the Visa stand at Read More →

Cambria Africa to Put US$2m into Payserv to Grow Payment Systems Offerings in Zimbabwe and Zambia

Cambria announced it has executed agreements with a subsidiary of Johannesburg based Nisela Capital (Nisela) relating to the placement of US$ 2 million in convertible debt into its Payserv subsidiary. Half Read More →

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