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Zenith Bank Appoints Ebenezer Onyeagwu as the New Chief Executive Officer
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Zenith Bank Appoints Ebenezer Onyeagwu as the New Chief Executive Officer

Zenith Bank Plc. has announced the appointment of Mr. Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank effective June 1, 2019, subject to the Central Bank of Nigeria Read More →
May 29, 2019 Staff Reporter
Absa PMI rose to 47.2 index points in April
Banking 811

Absa PMI rose to 47.2 index points in April

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 2.2 points to reach 47.2 index points in April. This was the first increase after three months of declines in Read More →
May 29, 2019 Staff Reporter
SARB Announces the Adjustment of Interchange Rates for Transactions Emanating from ATMs
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SARB Announces the Adjustment of Interchange Rates for Transactions Emanating from ATMs

The purpose of this communiqué is to announce the adjusted interchange rates for automated teller machines (ATMs). The South African Reserve Bank (SARB) annually reviews interchange rates for transactions emanating from Read More →
May 24, 2019 Staff Reporter
African Bank Launches its Transactional Banking Offering called MyWORLD
Banking 811

African Bank Launches its Transactional Banking Offering called MyWORLD

African Bank has officially launched its transactional banking offering called MyWORLD, to South Africans. The introduction of MyWORLD has elevated African Bank to a digital retail bank, offering a variety of Read More →
May 24, 2019 Staff Reporter
The National Bank of Bahrain is the First Bank in MENA to Provide Open Banking Services
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The National Bank of Bahrain is the First Bank in MENA to Provide Open Banking Services

Bahrain’s national bank partners with Tarabut Gateway, Bahrain’s first licensed open banking systems provider, to enable customers to access new digital services and aggregate all their accounts from Read More →

May 20, 2019 Staff Reporter
Tribunal Approves Capitec’s Acquisition of Mercantile Bank
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Tribunal Approves Capitec’s Acquisition of Mercantile Bank

The Tribunal has this afternoon approved Capitec Bank Limited’s (Capitec) acquisition of Portuguese-owned Mercantile Bank Holdings Limited (Mercantile Bank), which paves the way for Capitec to enter the business banking Read More →
May 17, 2019 Staff Reporter
Aconite Technology Powers South African Discovery Bank’s Debit and Credit Card Launch
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Aconite Technology Powers South African Discovery Bank’s Debit and Credit Card Launch

Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, Read More →
May 17, 2019 Staff Reporter
Chinese Tourists Can Now Pay with Alipay at More than 300,000 merchants in Japan
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Chinese Tourists Can Now Pay with Alipay at More than 300,000 merchants in Japan

Alipay is working with its e-wallet partners to bring more Asian tourists to Japan

Alipay, the world’s leading payment and lifestyle platform operated by Ant Financial, has connected more Read More →
May 16, 2019 Staff Reporter
FirstBank Hits N1 Trillion in Transactions Processed through its Firstmonie Network; Spearheads the Financial Inclusion Drive
Banking 811

FirstBank Hits N1 Trillion in Transactions Processed through its Firstmonie Network; Spearheads the Financial Inclusion Drive

Nigeria’s premier financial services provider and Bank of first choice, First Bank of Nigeria Limited has announced that its Firstmonie network has processed a cumulative transaction value of N1 trillion Read More →
May 15, 2019 Staff Reporter
SWIFT Extends Integrated Payments Toolkit
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SWIFT Extends Integrated Payments Toolkit

SWIFT announces the launch of an ‘in-flight’ payment investigation and resolution service, available in the cloud, in a significant expansion of its network-wide payments validation toolkit. The new capability allows Read More →
May 14, 2019 Staff Reporter

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