FirstBank Boosts the Business Operations of its Customers with a Bouquet of Retail Product Offerings

Posted on by Staff Reporter | 10977 Views | 14 min read

First Bank of Nigeria Limited has announced its variety of retail products specifically designed to enhance the operations and sustenance of various businesses in the country. The products: Petroleum Dealership Finance (PDF), Operational Vehicle Finance (OVF) and Commercial Mortgage will strengthen the capacity of businesses to meet their immediate and long-term needs which are required

Open Banking Could Drive financial Inclusion Across Africa. Here’s How.

Posted on by Staff Reporter | 15230 Views | 23 min read

By Karen Nadasen, CEO of PayU South Africa The Bill and Melinda Gates Foundation identified five key ways that African countries can include more than 400 million people into the digital economy, with one of the key themes being the importance of exploring a pathway to open banking. Open banking promotes fairness, competition and innovation

Six Fintech Companies from Africa Emerge as Finalists in the Ecobank Fintech Challenge 2022

Posted on by Staff Reporter | 27114 Views | 13 min read

Finalists will compete for the top price of $50,000 and admission to the ‘Ecobank Fintech Challenge Fellowship’ program The six finalists were chosen following extremely strong competition from over 700 fintechs from 59 countries; Grand Finale is to be held on 28 October at the Ecobank Group (http://www.Ecobank.com) Pan African Centre in Lomé, Togo; Finalists will

Prophius Partners with Mastercard to Bring Tap on Phone Payments to Small Businesses in Sub-Saharan Africa

Posted on by Staff Reporter | 22247 Views | 12 min read

Prophius to roll out Mastercard Tap on Phone technology, enabling small businesses to accept contactless payments using their NFC-enabled Android phone Prophius today announced the launch of its PayContactless solution certified by Mastercard – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale. This move is expected to

Fidelity Partners SMEDAN to Empower SMEs

Posted on by Staff Reporter | 9145 Views | 9 min read

In what has been termed a major move to bridge the gap in helping small businesses access much-needed funding and capacity development initiatives, leading financial institution -Fidelity Bank Plc – has announced a strategic partnership with the Small and Medium Enterprises Development Agency (SMEDAN). At a Memorandum of Understanding (MOU) signing ceremony held in Lagos

Unity Bank Supercharges Core Banking Systems with Huawei OceanStor All-Flash Storage

Posted on by Staff Reporter | 15385 Views | 20 min read

In a financial world that’s developing at unprecedented pace, simply keeping up is a challenge in itself. So how can banks thrive and move ahead? Staying in front of the technology curve is now critical. To set itself apart in the digital era, any bank needs cutting-edge technologies that allow it to quickly and securely

FirstBank Partners Verve International, Makes Customers Millionaires in the FirstBank Verve Card Promo

Posted on by Staff Reporter | 14747 Views | 8 min read

In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out

Clickatell Helps Nigerians Access eNaira Services, Boosting Financial Inclusion

Posted on by Staff Reporter | 12551 Views | 14 min read

Nigerians can now access cashless services over USSD channel  Clickatell, a CPaaS innovator and Chat Commerce leader, has partnered with the Central Bank of Nigeria (CBN) to deliver fast, simple, and cost effective eNaira banking services to all Nigerians using the USSD channel, eliminating the need for data and available on all handsets. Clickatell has

ProvidusBank, Mastercard, Interswitch and Thales launch contactless Tap-to-Pay transactions via smart devices in Nigeria

Posted on by Staff Reporter | 26055 Views | 14 min read

In a move to further reduce dependency on cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with Mastercard, Interswitch and Thales Group, today announced the introduction of a new Tap-to-Pay service. The service allows cardholders to make fast, secure, and convenient in-store payments by tapping their NFC enabled

DPO Group Partners with Mastercard to Help Businesses Accept Digital Payments

Posted on by Staff Reporter | 29562 Views | 12 min read

 DPO Group has partnered with Mastercard to enable thousands of businesses in Ghana to offer their customers greater choice and convenience by pivoting online and accepting digital payments. Through the collaboration, DPO will leverage Mastercard’s digital payments technology to enable merchants to safely, seamlessly and securely accept a wide range of digital payment methods including