FirstBank Promotes Cross Border Payments in Sub Sahara Africa with First Global Transfer

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal. The First Global

First Bank of Nigeria Promotes Financial Inclusion through Digitisation in Sub-Saharan Africa

First Bank of Nigeria Limited has announced its organisation of a Joint Seminar with sub-Saharan African Banking and Telecom Regulators to promote financial inclusion through digital innovations in sub-Saharan Africa. The event which was held in Lagos recently was themed “Advancing ePayment and Digital Innovations in Africa- Evolution of Nigeria’s Payment Systems”. The seminar was

SWIFT Message Traffic Grows 4.4% in Africa

Figures released at SWIFT’s 26th African Regional Conference show much stronger growth in particular regions, including in West Africa at 29% Data released at the SWIFT African Regional Conference shows that SWIFT FIN messaging traffic in Africa has grown by 4.4% in the year-to-date. Figures are even stronger in the West African Monetary Zone, where

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 financial institution specifically designed to meet the needs of retail and commercial customers, has partnered with Temenos, the banking software company, to power its digital transformation

Mobile Banking Platform Sim Korpor Launched in Sierra Leone

Rokel Commercial Bank is bringing greater financial inclusion and convenience to participants in Sierra Leone’s economy by launching the mobile banking platform, Sim Korpor. Starting in Freetown, customers with an account at RCB can now enjoy the convenience of making secure offline transactions such as withdraws, deposits, remittances, check balances, transfers, pay utility bills or

OROBO and OpenWay to Power Cross-Border Money Transfers to West Africa

OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross-border remittance and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa. The WAY4 digital payments platform provided by OpenWay, a top-ranked digital payments software solution provider, will become the technological backbone of this innovative remittance service. OROBO facilitates

MasterCard Enters Seven New Markets in Africa

MasterCard has announced its expansion into seven new markets across Central and West Africa, increasing its acceptance footprint across the continent and securing a number of strategic agreements. The addition of Chad, Central African Republic, Guinea-Bissau, Liberia, Sierra Leone, Rwanda and The Gambia to the MasterCard network extends the company’s presence to 48 of the