Dashen American Express® International Debit Card Launched

Dashen is the most reputable brand in Ethiopia’s Banking industry, pioneering different forms of digital banking. The bank has registered consistency in terms of delivery of various technological outputs. It was the first bank to introduce card banking to the Ethiopian banking industry. Dashen also works in partnership with renowned international electronic payment brands like

Flutterwave Partners with Amole to Facilitate Remittances into Ethiopia to Amole’s Digital Wallet and Bank Accounts

The partnership will allow over 8m Ethiopian Diaspora to send money instantly through Amole, to Amole Wallet, bank accounts and cash pickup locations at over 2500 locations. Flutterwave, Africa’s leading payments technology company, has today announced its partnership with Amole, Ethiopia’s largest mobile Digital Wallet platform, to facilitate money transfer into Ethiopia through Amole, to

Zemen Bank and Mastercard Partner to Launch Ethiopia’s First Contactless Platinum Mastercard Prepaid Travel Card

Zemen Bank has announced a partnership with Mastercard that will see the introduction of the first ever Mastercard branded prepaid contactless travel card in Ethiopia. Zemen Mastercard prepaid travel cards will enable cardholders to use cards with either of the two major currencies, namely U.S. Dollars and Euros, based on their travel destination. The card is also

Dashen Bank, Moneta Technologies and CR2 win prestigious award for Amole Digital Wallet in the 2021 Global Banking & Finance Awards®

Global Banking and Finance Review is pleased to announce Dashen Bank, Moneta Technologies and CR2 (www.cr2.com) as the 2021 Global Banking & Finance Awards® winner for Best Digital Wallet Ethiopia 2021. Since 2011, the Global Banking & Finance Awards® have honoured companies that stand out in particular areas of expertise in the banking and finance

Ethiopia: African Development Bank approves $2.33 Million Grant to Support the Modernization of Electronic Payments Infrastructure

The Board of Directors of the African Development Bank has approved a grant of $2.33 million to EthSwitch Share Company, an initiative led by National Bank of Ethiopia, for the modernization of its payments infrastructure. The grant is resourced from the special fund of the Africa Digital Financial Inclusion Facility (ADFI), a pan African initiative

CR2’s Remote Deployment of Critical Banking Software Keeps Digital Transformation on Track During COVID-19

COVID-19 has accelerated digital banking with a significant move by customers towards online and mobile banking.  With travel restrictions and working from home policies firmly in place, it is important that banks choose to work with software vendors who have the experience to successfully deliver their digital transformation projects in an offsite context. Since the

CR2 Wins Most Impactful Project of Digital Wallet Deployment along with Dashen Bank & Moneta Technologies

CR2 is proud to announce that they have won the IBS Intelligence Global Fintech Innovation Award 2020 for Most Impactful Project of Digital Wallet Deployment along with Dashen Bank and Moneta Technologies. To learn more about or award winning solutions read their Amole Case study. View Amole Case Study here.

New EIB Study on Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability

The European Investment Bank has released its new study: ‘Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability’. In its fourth edition, this economic report analyses recent development in the African banking sectors, including through a survey of African banking groups, addresses structural issues and investment opportunities for the continent and proposes policy options

Commercial Bank of Ethiopia Drives Future Growth with ACI Worldwide

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced that Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, is utilizing ACI’s UP Retail Payments solution to modernize its payments infrastructure. CBE is at the forefront of Ethiopia’s move toward becoming a cashless economy. As it undertakes this

Paysafe Partners with Ethiopian Airlines to Enable Mobile Payments

Ethiopian Airlines, one of the largest airlines in Africa, has partnered with Paysafe, a global payments provider, to offer customers the option of paying via Skrill and NETELLER digital wallets. Ethiopian Airlines (Ethiopian) customers can now use their Skrill and NETELLER digital wallets to book outbound flights from Qatar, United Arab Emirates, Lebanon, Kuwait, Saudi