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Nigeria’s Access Bank To Focus On Retail Business

Nigeria's Access Bank aims to grow its customer base to 15-20 million across its African markets by 2018, from around 6 million now, as it shifts its focus to retail Read More →

TSYS Completes Acquisition of Texas Based NetSpend $1.4bn

TSYS and NetSpend Holdings, Inc. announced that TSYS has completed its acquisition of NetSpend. NetSpend is now a wholly owned TSYS subsidiary and TSYS’ fourth operating segment focusing on direct Read More →

MoneyGram Signs Money Transfer Agreements with Tanzania and Uganda Post

MoneyGram, a leading global money transfer company, announced that it has signed agreements with Uganda Post Limited (Posta Uganda), and Tanzania Posts Corporation (Posta Tanzania), the most extensive providers of Read More →

StanChart To Launch Islamic Banking In Kenya, Indonesia

Standard Chartered Plc will start offering Islamic banking in Kenya as a springboard into the rest of Africa and it may expand services in Indonesia, its global head of Islamic Read More →

Malawi Joins Better Than Cash Alliance

The Government of Malawi announced that it is joining the Better Than Cash Alliance, committing to transition government cash payments to electronic disbursements. Malawi’s primary goals in shifting to e-money Read More →

Zimbabwe’s Cattle Bank Takes Live Deposits

An innovative new banking idea is taking hold in Zimbabwe. At Zimbabwe’s first Cattle Bank you can deposit animals as collateral against cash loans. A large portion of rural Zimbabwe is Read More →

Standard Bank Group Named Financial Times’ Sustainable Bank of the Year

Standard Bank Group has been acknowledged by the Financial Times as the Sustainable Bank of the Year award for Africa and Middle East. The FT/IFC Sustainable Finance Awards, now in their Read More →

Banking on Satellites in Africa

Satellites are making it possible to transfer money between remote locations in sub-Saharan African countries that are otherwise unconnected to the outside world. An ESA (European Space Agency) project looking at Read More →

ABA Releases Report for Policymakers on Rapidly Evolving US Payments System

The American Bankers Association released a report for policymakers on the rapidly evolving payments marketplace. The report, developed by ABA’s Emerging Payments Advisory Group, identifies three key areas for consideration: Read More →

German American Bancorp Selects ACI Worldwide to Power New Online Banking Initiative

ACI Worldwide a leading international provider of banking and payment systems, announced today that German American Bancorp, a growing regional bank headquartered in Jasper, IN, has chosen to partner with Read More →

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