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FNB Sees Growth in Digital Channel Usage

Digital Banking has not only opened access to a wider array of banking products for customers across different demographics, it also gives them full control of their banking. Khathu Ramoliko, Head Read More →

FirstBank Partners with World Remit for Digital Money Transfers in Nigeria

Digital money transfer service WorldRemit has joined forces with First Bank of Nigeria Limited (FirstBank) for instant money transfers directly to FirstBank accounts in Nigeria. The new strategic partnership considerably expands Read More →

FNB Introduces nav» Money to Help Customers Track Spending and Credit

FNB launched nav» Money; a digital solution that helps customers improve and navigate the road to financial fitness. This innovative tool is a continuation of the nav» journey which already Read More →

South African Reserve Bank Launches Report on Project Khokha

Project Khokha is a proof of concept designed to simulate a ‘real-world’ trial of a distributed ledger technology (DLT)-based wholesale payment system. The project focussed on providing participants practical experience Read More →

African Banks to Become More Competitive with SWIFT Gpi

15 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Read More →

Shoprite Launches New Banking Service ‘Shoprite Money’

Shoprite has announced the launch of Shoprite Money - a new mobile transactional banking service which is available to everyone in South Africa, even those without existing bank accounts. Using their Read More →

FNB Introduces Selfie Authentication in Account Opening

FNB has announced that SMEs can now completely switch or open a new bank account in less than five minutes through selfie authentication and digital KYC on the FNB App. This Read More →

Compass Plus Announces the Extension of TranzAxis

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced the implementation of interchange functionality as part of the many features Read More →

Mastercard and Unilever Target Micro Entrepreneurs with New Digital Lending Platform

Mastercard and Unilever have announced that they will expand their strategic partnership to help micro entrepreneurs in Africa and other regions overcome the cash constraints that limit their ability to Read More →

Kenya Bankers Association Partners with Tech Companies to Champion Online Safety Campaign

The Kenya Bankers Association (KBA) has partnered with financial service providers to create awareness on safety measures in conducting transactions while using ATM cards, mobile phones, and online platforms. The month-long Read More →

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