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Arise B.V Becomes a Shareholder of Reference in Ecobank Transnational Incorporated

Arise has become a shareholder of reference in Ecobank Transnational Incorporated (ETI) with a c.14.1 percent stake Ecobank Transnational Incorporated (“ETI”) announces that IFC and the funds managed by the IFC Read More →

The SARB Calls Fintech Firms to Submit their Solutions for the Global Fintech Hackcelerator

Applications for the Global Fintech Hackcelerator @ Southern Africa are open. The South African Reserve Bank calls fintech firms to submit their innovative and sustainable solutions to challenges identified within Read More →

Virtual Card for Online Shopping Payments are on the Up, says Standard Bank

Consumers are embracing the technology offered by virtual cards, as Standard Bank starts to see the benefits of online shopping ecosystem, nine months after the launch its virtual card proposition. In Read More →

Mastercard and BENEFIT Partner to Launch First Blockchain Payment Program in the Middle East

  • Mastercard and Bahrain’s leading electronic financial transactions network, BENEFIT, will enable banks to send and receive cross-border business-to-business payments on a secure, private and direct network
  • Blockchain technology will Read More →

Standard Bank Reports Solid Results for the Period Ended 30 June 2019

  • Headline earnings: R13 361 million, up 6%
  • Headline earnings per share (HEPS): 837 cents, up 5%
  • Dividend per share: 454 cents, up 6%
  • Common equity tier (CET) 1 ratio: Read More →

ACI Worldwide Readies European Payments Businesses for Strong Customer Authentication

New European PSD2 requirements significantly impact how European consumers and businesses buy and sell online—ACI’s UP solutions with real-time, multi-layered capabilities help businesses to lower fraud rates while providing a Read More →

Ecobank Transnational Incorporated Announces the Appointment of Ayo Adepoju as Group CFO

Ayo Adepoju was appointed as the Acting Group Chief Financial Officer in April 2019

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, announces that Ayo Read More →

Prudential Authority Imposes Administrative Sanctions on Sasfin Bank Limited

The Prudential Authority (PA) has imposed administrative sanctions on Sasfin Bank Limited (Sasfin Bank) for non-compliance with certain provisions of the Financial Intelligence Centre Act 38 of 2001, as amended Read More →

UnionPay Cards Now Accepted at all Pick n Pay Stores across South Africa

UnionPay International (UPI) has announced significant progress in the South African retail payments market through their co-operation with Pick n Pay and Absa Bank. Through a tripartite co-operation agreement, Pick Read More →

Ecobank Transnational Incorporated Announces New Appointment – Group Consumer Banking Head

Nana Araba Abban held several senior positions with Standard Chartered Bank, Royal Bank of Scotland and other institutions

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Read More →

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