NCR Corporation, the global leader in consumer transaction technologies, announced that Commercial Bank of Ethiopia (“CBE”), the leading bank in the country, has upgraded its ATM management system to NCR APTRA Vision, a multi-vendor self-service management solution. CBE will manage its entire network of more than 1,200 multi-vendor ATMs using NCR APTRA Vision to proactively
Emerging Markets Payments (EMP), the leading electronic payments processing company in Africa and the Middle East, is pleased to announce that it is now working with Premier Bank, its first customer in Somalia. Working together, EMP will deliver debit and prepaid issuing services, as well as ATM aquiring throughout the Premier Bank network. As a
Lion International Bank and Somali Micro Finance in partnership with BelCash Technology Solution PLC launched the official pilot of the HelloCash mobile money services. BelCash Technology Solution PLC is an Ethiopian based technology service provider for financial industry. The HelloCash mobile money platform will provide financial services to all Ethiopians. The HelloCash service enable existing
EthSwitch selected BPC Banking Technologies to create a national retail payments infrastructure BPC Banking Technologies, the leading provider of Open System payment solutions, announces that EthSwitch has chosen SmartVista to power its national switching operations in Ethiopia. SmartVista was selected because of its comprehensive functionality, advanced technology and proven track record in helping payment businesses worldwide
Ethiopian Airlines, the fastest growing and most profitable airline in Africa, has partnered with payment leader Worldpay to streamline its business transactions and meet the needs of its global customer base. Ashna Bhawan at Worldpay worked with Ethiopian Airlines to implement a customized payment solution that integrates with Ethiopian Airlines’ sales channels and Sabre Reservation
Ecobank Transnational Incorporated, the leading pan-African banking group, is pleased to announce the official opening of its Ethiopian representative office in Addis Ababa. This brings the total number of countries in Sub-Saharan Africa in which Ecobank has a presence to 35. The Group obtained a license to operate a representative office in July 2013. The
Ethiopia has emerged as one of the continent’s most exciting new markets, boasting the fastest growing non-energy-based economy in Africa, growing at an average annual rate of 11 percent GDP in recent years. Global’s optimism is supported by the IMF’s projection of Ethiopia as the 3rd fastest growing economy in from 2011 through 2015, trailing
