Guaranty Trust Bank Ghana has introduced a function on its Internet banking platform to enable customers to transfer money online to their account(s) or other beneficiaries’ accounts in other banks in the country. The Third Party Transfer service is the first fully-automated online transfer service in Ghana, which allows GTBank customers who are profiled on
Bharti Airtel, a telecommunications services provider with operations in 20 countries across Asia and Africa has partnered with leading global payments technology company VISA and Chase Bank, an SME bank in Kenya, to provide its Airtel Money subscribers in Kenya with a new Airtel Money Visa card. The Airtel Money VISA card will allow Airtel
Deloitte recently published their 2014 Global Powers of Retailing report in which they highlight the 250 biggest retailers around the world and analyse their performance based on geographic region, product sector, e-commerce activity and other factors. In this report Deloitte list the 50 top global e-retailers of 2014. They define e-retailers as B2C e-commerce only,
Centenary Bank and UMEME Limited today announced a partnership which will enable subscribers to the bank’s CenteMobile banking platform prepay their power bills instantly using their mobile phones and without any charges levied. Speaking about the partnership, Fabian Kasi, the Centenary Bank Managing Director commended UMEME Limited for complementing the Bank’s strategy of using technology
FNB’s cashless branch, dotFNB, is the first bank in South Africa to launch interactive gesture technology in its flagship Canal Walk store. The introduction of this technology into the store front serves as yet another digital touch point for the bank to communicate with both FNB and non-FNB customers. This motion sensor technology recognises the
Airtel Tanzania has announced an innovative new service on Airtel money that will provide its customers with a new experience when transacting with mobile money. Speaking during the launch, Airtel Managing Director Sunil Colaso said: “Today we are happy to launch our new Airtel Money campaign dubbed “Hatoki Mtu Hapa” loosely meaning “no one will
After its official launch in Kampala in January 2014, The Helix Institute of Digital Finance has this week published its ‘Agent Network Accelerator Survey – Uganda Country Report’. The Uganda report is the first of eight country reports on agent networks, as part of the cutting-edge Agent Network Accelerator (ANA) research project/ ANA, a collaboration
In Standard & Poor’s recent report, Islamic Finance Could make Inroads Into North Africa, they stated that following the success Islamic Banking has seen over the last decade, it is now set to make increasing headway into North Africa. They noted that Egypt, Tunisia and Morocco have all taken steps towards implementing policies to develop
Latest statistics released by the Spark Cash Index (SCI), which measures the average value of cash withdrawals across more than 2 200 Spark Automated Teller Machines (ATMs) throughout South Africa, showed a considerable decrease in ATM withdrawal levels for January 2014 and illustrates that consumers have reigned in their spending following the festive season. The
The Central Bank of Nigeria’s high value payment system has gone live on SWIFT. The move to SWIFT is a key element of the Central Bank of Nigeria’s Payment System Vision 2020 (PSV2020), which calls for a “Nationally Utilised and Internationally Recognised” payments system and provides a robust platform to support Nigeria’s continued economic growth.
