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FirstBank ATMs Account for 37 Percent of Bill Payments on ATMs in Nigeria

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has again validated its leadership position with the efficiency and creativity of the Bank’s Automated Teller Machines (ATMs) as it Read More →

AFRRI 2017 Financial Services in Africa: Disruption vs Leapfrogging

The 2017 African Financial Retail Readiness (AFRRI) Report looks at the relationship between technology and financial retail services in Africa. Produced by Calleo, a South African based marketing consultancy, in consultation Read More →

SASSA Requests Extension of Suspension of Contract Invalidity

SASSA filed an affidavit with the Concourt to request an extension of the suspension of invalidity of the CPS contract. This is to allow SASSA to phase out CPS and Read More →

FirstBank Processes over N1 Trillion on its 894 Quick Banking Channel

First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking Read More →

UnionPay QRC Product Debuts in Africa Region

UnionPay and KCB jointly announced that they are bringing QRC Payments to the people of Kenya. UnionPay International is accelerating the promotion of UnionPay QR code payment in markets outside Read More →

Visa Survey Reveals Consumers Are Ready to Say Goodbye to Passwords

A new Visa survey of 500 South Africans exploring awareness and perceptions of biometric authentication, confirms that consumers continue to have a strong interest in new biometric technologies that make Read More →

SASSA Paying Grants Without Using Contractor through Paymaster General Account

SASSA has successfully paid over 2 million beneficiaries who receive their grants from commercial banks. This was done today through their Paymaster General account which was opened recently. This move Read More →

CBK Governor Dr. Patrick Njoroge is 2018 Central Banker of the Year in Africa

The Governor of the Central Bank of Kenya, Dr. Patrick Njoroge, has been recognised as the Central Banker of the Year, Africa by the prestigious The Banker Magazine, a publication Read More →

Centbee Attracts Funding from nChain

nChain Group, the leading blockchain research and development firm, has taken an equity stake in Centbee, a Bitcoin wallet provider that makes it easy for a global consumers to acquire, Read More →

Mobile Money Deposits in Ghana Hit GHC2.3b in 2017

The amount of money mobilized outside the banking system through mobile money reached record GH¢2.3 billion ending December 2017, according to data from the Bank of Ghana. The amount represents a Read More →

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