Standard Bank South Africa has launched a rewards programme. From 10 June 2013, Standard Bank South Africa customers can join UCount Rewards, a programme offering rewards for using their Standard Bank personal debit, cheque or credit card. “Our customers are our greatest asset and through this programme, Standard Bank will reward customers in a way
Cape Town based Silvertree Capital an Africa-focused business builder and venture capital investor, has recently invested in two of Nigeria’s largest e-commerce sites, Sunglasses.com.ng and Glamour.com.ng. Both of these leading e-commerce sites offer a broad range of top consumer brands to the burgeoning online shopping market and have a free delivery charge throughout the country.
Imagine a branch where long queues are a thing of the past, even during traditionally busy periods, where innovation not only drives convenience, but also has tremendous environmental benefits; and technological advances support a safe and convenient 24-hour banking experience. Such features are set to become the new standard in South African banking halls with
‘Cashless Nigeria’ is a project that was launched by the Central Bank of Nigeria last year in an effort to promote alternative payment methods in Nigeria and reduce the levels of cash being used in the economy. Monica Adoghe of Shared Services, Central Bank of Nigeria, speaking at the Card, ATM and Mobile Expo in
MasterCard announced the launch of a brand new training facility in Kenya to empower the financial services ecosystem with knowledge on various aspects of cashless payments in order to boost acceptance readiness in the region. The training centre, located at MasterCard’s East Africa offices in Eldama Park, off Peponi Road, will be used for training
Gemalto will supply the Government Printing Works (GPW) of South Africa with Sealys eID cards for their national identity card program. GPW will harness Gemalto’s secure embedded software to protect the holder’s image and biometric data within the secure identity e-document, delivering outstanding levels of integrity and privacy. Moreover, GPW selected the high-end Sealys document
Nigerian banking behemoth Diamond Bank has intensified its focus on delivering financial services to the under-banked in the informal sector by launching its “branchless banking” service on BankOne, a mobile banking application which allows instant account opening and registration. The application is designed and developed by AppZone, a fast-growing technology company. The integration of the
Interswitch Transnational Holdings, a pan-African integrated payment processing and transaction switching company, announces the spin-off, of two of its core divisions: Verve International and Switching and Processing, as separate, autonomous businesses. The transaction forms part of Interswitch’s planned strategy to separate its core divisions, allowing each division focus on its core competencies and best facilitate
Barclays subsidiary, Absa has announced that its Payment Pebble, a mobile point-of-sale (MPOS) innovation, which aims to fundamentally transform the payment acceptance industry, is gearing up to enter its pilot phase. The Payment Pebble is a small portable device which plugs into smartphones or tablets and enables small and medium scale enterprises to accept payments
National Bank of Kenya has re-branded itself as part of a new strategy aimed at transforming it into one of the top tier banks in the country in the next five years. Announcing the new move at a dinner in Nairobi today, NBK Managing Director, Munir Ahmed, said that the bank is seeking to grow
