Capitec Bank has issued a statement to say that they do not agree with the comments in the Business Times article by Thekiso Lefifi titled ‘Capitec bubble about to burst?’. They claim it created an incorrect perception of the way the bank does business. They say there are factual errors in the comments which are misleading
The African Banker Awards, which will be held on the 29th of May in Morocco, has released their short-list of nominees for 2013. The African Banker Awards has the African Development Bank Group as its official patron and is sponsored by various organisations including MasterCard, BGFI Bank, Banque Atlantique, Nedbank and Ecobank. The African Banker Awards
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 accessible payment infrastructure. Mallam Sanusi disclosed this recently in a keynote address to the CBN/Gartner event held at the Protea Hotel Oakwood Park, Lekki, Lagos.
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 owned subsidiary of Barclays Bank PLC, UK. Barclays Bank PLC, UK is currently conducting its banking activities in Mauritius through its branch, the Barclays Bank
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 and secure way for consumers to send funds directly to recipients with Visa cards, both domestically and internationally. Equity Bank is the first bank
The CNP Expo is an annual event which addresses the challenges around card not present payments and is a meeting place for merchants, banks, processors, anti-fraud software providers, legal experts, alternative payment providers, card networks and others to learn how to leverage CNP payments in an increasingly multi-channel retail sales environment. At this year’s Expo, held in
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 quizzed over 1400 South African e-bankers on their online banking habits and attitudes, and revealed several interesting trends. The survey revealed that the South African
The first EMV compliant ATM in the U.S. is live and in use. NCR Corporation has begun upgrading ATMs at People’s United Bank with the new consumer card security technology, in conjunction with Vantiv and Pendum, the nation’s largest independent ATM service provider. The first upgraded ATMs are the People’s United Bank ATMs located at
The REWE Group, a diversified trading, travel and tourism group with turnover of 50 billion euros, is always testing new ways to make its IT systems more energy-efficient. The most recent example is the deployment of extremely low-power POS terminals. Over the next three to four years, the group will collaborate with its IT solutions
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 spend more time with his family. Dr Jordaan, who has commuted for 5 years to and from his family home in Cape Town, first indicated
