Banking

United Bank for Africa: Kenya Reports a Notable 185% Growth in Profit after Tax for the Full Year Ending 31 December 2018

United Bank for Africa, Kenya has announced its results for the period ending December 31, 2018 registering a 185% growth in Profit After Tax, overcoming a challenging macroeconomic and business Read More →

Apr 2, 2019 Staff Reporter

Banking 783

How Technology is Changing Africa’s Banking Landscape

With 2019 now in full swing, Renovite Technologies’ Issa Keshek, regional manager for Africa, considers banking innovation and what we can expect in the year ahead. Innovation and transformation will be Read More →

Apr 1, 2019 Staff Reporter

Banking 783

NatSave and Mastercard Sign Strategic Agreement to Drive Digital Transformation and Financial Inclusion in Zambia

The National Savings Bank (NatSave) and Mastercard have signed a strategic partnership agreement, which will see the bank rollout Mastercard Chip and PIN prepaid and debit cards to provide its Read More →

Mar 24, 2019 Staff Reporter

Banking 783

Discover Partners with ZestFinance to Implement AI-Based Underwriting Platform

Discover Financial Services, a leading U.S. direct bank and credit card issuer, and ZestFinance, a leader in artificial intelligence (AI) software for underwriting, has announced a partnership to create one Read More →

Mar 21, 2019 Staff Reporter

Banking 783

SWIFT to Host African Regional Conference in Accra, Ghana on 18-20 June 2019

Annual conference supported by the Bank of Ghana to gather more than 500 financial services professionals from across Africa.

SWIFT will hold the 26th edition of the African Regional Read More →

Mar 20, 2019 Staff Reporter

ATM 227

FSS Makes Strategic Investment in Africa-based Ecentric Payment Systems

FSS (Financial Software and Systems), a global PayTech company, has announced a strategic investment in Ecentric Payment Systems, a Standard Bank subsidiary and a leading payment processor in South Africa. Read More →

Mar 19, 2019 Staff Reporter

Banking 783

Vista Bank Selects Temenos to Power its Digital Transformation and Growth across Africa

Vista Bank chooses cloud-native, cloud-agnostic Temenos Infinity and Temenos T24 Transact to provide innovative, customer-centered banking services.

Vista Group, a challenger bank building itself into a world class pan-African Read More →

Mar 18, 2019 Staff Reporter

ATM 227

Off-Site ATMs Playing Increasingly Vital Role in Financial Inclusion – RBR

There were 3.3 million ATMs worldwide at end-2017, of which 51% were located away from branches. The number and share of off-site ATMs continue to increase, with over 15,000 Read More →

Mar 15, 2019 Staff Reporter

Banking 783

Capitec Bank Poised to Expand its Payments Business Through ACI Worldwide’s Retail Payments Solution

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced an extension of its long-standing relationship with Capitec Bank, South Africa’s second largest retail bank. Read More →

Mar 14, 2019 Staff Reporter

Banking 783

Youth Prefer to Bank Smart with Digital Channels

Statista.com, the global statistical data portal estimates that the number of smartphone users in South Africa will reach 22 million in 2019. This is in line with FNB’s data which Read More →

Mar 12, 2019 Staff Reporter