Unlocking the Power of Hyper-Personalisation to Build More Relevant Banks

Real-time data and AI have made it possible to deliver curated content, services and products designed for individual customers, but many banks are unable or unwilling to embrace the opportunity offered by hyper-personalisation. There is no doubt that hyper-personalisation is effective. A Deloitte report on the topic points out that Amazon and Netflix have respectively

Paysend Introduces 50 New Receiving Countries to its Global Payments Network

Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022. These additional payments corridors mean that Paysend customers can now send money to over 170 countries worldwide. Notable additional countries supported by Paysend include: Antigua and

Mastercard New Payment Index 2022: Consumers in Egypt Embrace Digital Payments

88% of consumers in Egypt have used at least one emerging payment method in the last year, with usage expected to further increase Adoption of Buy Now Pay Later (BNPL), open banking and account-to-account payments are anticipated to continue accelerating Gen Z and Millennials are leveraging more digital payment methods and are more open to

Paysend Partners with Damane Cash to Enable Transfers to Morocco

Paysend, the UK-based FinTech with over 7 million customers, today announces a partnership with Damane Cash, a payments institution and subsidiary of Bank of Africa, to enable money transfers to Morocco. With features such as low fixed fees, upfront exchange rates, faster transfer speeds and the ability to make instant, digital end-to-end international payments, this

Ecobank Nigeria Extends Remittance Services to its Business Account Holders

The launch of the service follows the implementation of a seamless account opening procedure for customers who do not have domiciliary accounts with Ecobank Nigeria Ecobank Nigeria (www.Ecobank.com/ng/), an affiliate of the leading Pan-African banking Group, Ecobank Group, has extended its innovative remittance services to its business account holders. Under the new plan, business customers

Nigeria’s Economy Reaps Benefits of Real-Time Payments and Digital Banking Transformation – US$6 Billion of Additional GDP Growth Forecast by 2026 – ACI Worldwide Report

Nigeria is Africa’s undisputed real-time payments and digital payments leader, recording 3.7 billion real-time transactions in 2021 and ranking sixth in the league table of the world’s most developed real-time payments markets, according to the third edition of ACI’s Prime Time for Real-Time report The widespread uptake of new digital and real-time payment services helped

Pent-up Demand Drives Recovery in EPOS Shipments

Activity in the global EPOS market bounces back, as retailers return to refreshing their hardware following a difficult 2020 EPOS shipments rise as pandemic restrictions ease 2021 marked a year of recovery for the global programmable EPOS market, with shipments increasing by 18%, according to Global EPOS and Self-Checkout 2022, the latest study by strategic

Equity Bank Inks Deal with NALA to Enable Kenyans in UK and USA Send Money Back Home

The partnership will allow Kenyans living in the UK and US to send money directly from their banks, through the NALA app, instantly and at the most competitive rates to Equity Bank Kenya accounts and other mobile wallets. Equity Bank Kenya has signed a partnership with NALA Payments Limited, a remittance payment processing platform licensed

Network International & Infobip to offer WhatsApp for Business Banking Services to Financial Institution Clients across Africa

Collaboration with global cloud communication service provider Infobip enables banks to use globally-trusted WhatsApp platform to communicate and engage with customers 24/7 using the latest technology Leading digital payment solutions provider Network International (www.Network.ae) has announced it will bring WhatsApp for Business banking services to financial institutions across Africa through a landmark collaboration with Infobip.

A Mobile-led Risk-based Approach is Crucial to Achieving Financial Inclusion in Africa

By, Sandy Rheeder CIO of Mukuru Fintechs that are innovating, operating and growing throughout Africa have moved on from the broad academic concept of financial inclusion to the practical onboarding and walking hand in hand with underserved people along a financial journey. The first port of call is understanding that serving the underserved is not