At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion had been processed through the
Spark ATM Systems, South Africa’s leading independent ATM deployer, won five awards at the tt100 Business Innovations Awards. The company also proudly added the Fintech Award of the 2020 Africa Tech Week Awards to its trophy cabinet. The tt100 Business Innovation Awards programme was launched in 1991 to create awareness of the role of technology
Of all the technology sectors to have prospered amid the COVID-19 pandemic, the online payment space has emerged as one of the most influential, following the call for social distancing and demand for contactless payment solutions. “In fact, the Global Payments Report for 2020 published by McKinsey & Co. found that the digital payments sector
Completion of IPRC acquisition HPS Group has announced the completion of the acquisition of IPRC, announced on July 9th. Following the lifting of the last suspensive conditions related to administrative authorizations as dictated by the regulations in force, HPS and IPRC proceeded on January 7th , 2021 to the signing of the reiterative deed of sale
GCB Bank Limited has been rewarded by the Accra Metropolitan Assembly (AMA) for its role in the fight against the COVID-19 pandemic in the Accra Metropolis and the entire country. The plaque was presented to GCB Bank at a short ceremony held at the City Hall of the AMA to reward various organizations that partnered
Despite increased economic uncertainty, FNB, the most valuable brand in SA, is increasing its focus on building even more trust and further assisting their customers to thrive. According to Jacques Celliers, CEO of FNB, businesses and individuals now have the advantage of hindsight, and those that are able to apply many of the difficult lessons
Enables bank to expand its offering to power digital payment acceptance among SMEs, large corporations, public institutions and individuals NBS Bank, a leading commercial bank in Malawi, launches its state of the art e-commerce platform, powered by Network International (www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East. The implementation of
New banking regulations, digital consumers, the eradication of passwords, contactless technology – these are just some of the trends that will shape financial services and payments in 2021, writes Entersekt CTO, Gerhard Oosthuizen. The past year has fundamentally reshaped all sectors of the economy by accelerating the move to digital and this will define the
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account. The FirstBank Virtual Payment Card is a suitable alternative
Software only solution enables smartphones to be used for PIN protected contactless transactions for any amount with no additional hardware required WIZZIT Digital has launched its Tap2Pay SoftPOS with PIN solution and is due to go live with an initial launch customer – one of the largest Pan-African commercial banks – during February 2021. The launch followed the certification
