FBN Holdings Plc., the leading and most diversified financial services group in Nigeria has announced the appointment of Mr. Muhammad K. Ahmad to its Board as a Non-Executive Director. This appointment, apart from deepening the already rich cumulative experience of the board, is also in strict compliance with the Central Bank of Nigeria’s (CBN) Guidelines
ChamsMobile Limited, a licensed Mobile Money Operator, and Skye Bank Plc, have launched the first Virtual Visa Card in Nigeria. The Virtual Visa Card is an entirely digital payment card for online and mobile use, both locally and internationally. The card is unique in that cardholders get a full card image (the Virtual Card) on
MePIN, the global provider of fast and strong customer and payment authentication, has signed a partnership with UnoTelos, a leading Multi System Integrator company in the West African markets. Banks and payment providers need strong user authentication to protect their online services and customers against fraud. Traditional and legacy user authentication and transaction authorization slows
MOBOfree, the leading African social marketplace, announced the launch of the first-of-a-kind ID verification program in Nigeria and Uganda, further strengthening its position as Africa’s safest social marketplace for both buyers and sellers alike. MOBOfree’s ID verification process is seamless and can be performed from any device. It does not require a scanner or computer.
United Bank for Africa (UBA) Plc has introduced a simple, convenient and hassle free process for customers of the bank to submit their Biometric Verification Numbers (BVN). Leveraging on its robust information technology infrastructure, on Monday July 6, 2015 the bank launched a short code number *919*6# through which customers can send their BVN. “The
Mahindra Comviva, the global leader in providing mobility solutions, has emerged as the winner in the fifth edition of the Kalahari Awards 2015. The company has received the award in the “Best Mobile Money Product Innovation” category for technological innovation and excellence in NFC payment solutions. Airtel Money Tanzania NFC Payments powered by Mahindra Comviva’s
The Nigerian payment industry is witnessing a significant transformation as pan-African financial services group, United Bank for Africa (UBA) Plc in conjunction with Unified Payment Systems Limited introduces “PayAttitude” a faster and seamless, contactless payment solution that never fails. PayAttitude is a Near Field Communication (NFC) tag, with an internal chip which works on NFC-enabled POS
SimbaPay a leading digital money transfer provider announced the launch of its money transfer service to Nigeria. Using the SimbaPay app or website, Nigerians living in the UK can send money to any bank account or mobile phone in Nigeria instantly. SimbaPay charges zero fees for money transfers to Nigeria. “We’re excited by the launch
Guaranty Trust Bank plc has launched another innovative mobile channel which enables GTBank customers conveniently perform third party transfers to both GTBank and other bank account holders in Nigeria, via their mobile phones, by simply dialing the USSD short code *737 with details of the amount and account number (NUBAN) of the beneficiary. The *737*
Guaranty Trust Bank plc has released its unaudited financial results for the first quarter ended March 31, 2015 to the Nigerian and London Stock Exchanges. A review of the Q1 2015 results shows that the Bank continued on a strong growth trajectory, re-affirming its position as one of the most profitable and well managed financial
