FirstBank Offers Customers a Bouquet of Dollar Denominated Cards for Summer Holiday

Holiday revelers are in for a more exciting time this summer with FirstBank’s bouquet of Dollar denominated cards. Convenience, security, flexibility and improved spend are the key defining features of these Dollar cards. To delight customers, wherever they travel this summer, FirstBank offers three Dollar card products namely – Visa Gold, Visa Dollar Prepaid, and

FBN Merchant Bank Signs MOU with Oxford Business Group to Publish 2017 Report on Nigeria

FBN Merchant Bank will team up with the global research and consultancy firm, Oxford Business Group (OBG) to produce the financial chapter of The Report: Nigeria 2017, highlighting the pivotal part Nigeria’s banks are playing in the country’s broader diversification efforts by boosting lending to the private sector. The Report will chart the strong performance

FinTech is Accelerating the Digital Transformation of Banking in Africa

FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services ecosystem and the leading banks on the continent are now more urgently seeking to harness technology innovations, collaborate with FinTech start‐ups, and create a platform to scale much faster – to make digital financial services pay. Across Africa huge game‐changing

UnionPay International Collaborates with the Largest Commercial Bank in Kenya to Enhance Payment Innovation

UnionPay International announced that it has deepened its cooperation with Kenya Commercial Bank (KCB), the largest bank in Kenya. First, the two will jointly issue the first UnionPay card with the mobile QuickPass function in Kenya this month, supporting the upgrade of the local payment industry through product enhancement. Second, with the official website of

UnionPay International Collaborates with the Largest Commercial Bank in Kenya to Enhance Payment Innovation

UnionPay International announced that it has deepened its cooperation with Kenya Commercial Bank (KCB), the largest bank in Kenya. First, the two will jointly issue the first UnionPay card with the mobile QuickPass function in Kenya this month, supporting the upgrade of the local payment industry through product enhancement. Second, with the official website of

TerraPay Launches International Mobile Money Transfers to Uganda

TerraPay, the world’s first mobile payments switch, announced that it has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country. This enables TerraPay’s network partners across the world to send money directly to mobile wallets in Uganda. Earlier, TerraPay had also received regulatory approvals enabling

HP Reinvents Retail with New Point-of-Sale System

HP Inc. is reimagining the retail industry with the unveiling of its innovative and versatile all-in-one point-of-sale (POS) system, the HP ElitePOS. The company is working with leading retail and hospitality customers and partners to reimagine how technology can transform the in-store experience for customers. With e-commerce influencing consumers’ shopping experiences, brick and mortar retailers

Wirecard and Gambio launch new payment system GambioPay

Wirecard is expanding its collaboration with the shop system developer Gambio. Together, the two companies have launched the GambioPay payment solution on the market. Gambio GmbH offers more than 20,000 SMEs end-to-end e-commerce solutions for online shops. For this product, Wirecard will take over all payment processing as well as risk management on behalf of

Wirecard and Gambio launch new payment system GambioPay

Wirecard is expanding its collaboration with the shop system developer Gambio. Together, the two companies have launched the GambioPay payment solution on the market. Gambio GmbH offers more than 20,000 SMEs end-to-end e-commerce solutions for online shops. For this product, Wirecard will take over all payment processing as well as risk management on behalf of

UBA Introduces First Mastercard Debit Card in Mozambique

United Bank for Africa Mozambique (UBA) announced the launch of the first Mastercard debit card in Mozambique to financially empower its citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for the Mozambicans – instantly. In line with the bank’s strategic vision, UBA is introducing innovative