As customer demand for richer engagement with brands continues to grow, it is becoming crucially important for banks to be where their customers are, ensuring that they are more accessible, diligent and responsive to ever-evolving customer needs. The increasing customer shift to online banking has spurred the need for banks to digitally transform and remain
While cash was always considered to be king, that is no longer the case with consumers across Africa moving to alternative payment methods for convenience and safety reasons. Tap to pay has emerged as one such option. It uses short-range wireless technology to make secure payments between a contactless chip card or device and a
One Payment Limited, a subsidiary of the leading Pan-African digital payments group, DPO Group has been granted a licence by the Central Bank of Nigeria to provide certain types of payments services to businesses across Nigeria. This licence enables the DPO Group to operate as an independent payment solutions services company in Nigeria as it
Capital Banking Solutions announced that its client Banque du Trésor Côte d’Ivoire has signed the upgrade contract of its core banking system and digital banking platform (CapitalDigital™) and has also selected CapitalCompliance™ to strengthen its compliance requirements, prevent money laundering and tax evasion, and comply with FATCA reporting. Capital Banking Solutions announced today that its
Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt and equity financing, investment management, and point-of-sale lending is largely dependent on the
Visa, the exclusive digital payment service provider of the TotalEnergies Africa Cup of Nations (AFCON) 2021, is marking this year’s competition in Cameroon by creating new one-of-a-kind experiences for cardholders and football fans and looking to further help expand access to the financial system in Africa. Visa is a global payments technology company that connects the world
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a Smart Loan digital solution to enable customers who have an account with their Asset Management arm access a loan to enable them meet their medium-term financial obligations. According to the bank, the devaluation of the naira due to the global economic downturn
COVID-19 has led to more consumers and in-store employees avoiding physical contact and embracing social distancing. Mastercard and Providus Bank are extending the “contactless” payment solution alongside the growth of a low-touch environment, especially as more and more people are seeking safer and more secure ways to transact. Mastercard, Thales and Providus Bank have partnered to bring
The Bancassurance service will be rolled out in phases, starting with Benin, Burkina Faso, Congo Brazzaville, Côte d’Ivoire, Gabon, Guinea Bissau, Kenya, Mali, Nigeria, Tanzania, Togo, and Uganda Ecobank Group’s (www.Ecobank.com) Commercial Banking business has partnered with five insurance companies (OLD MUTUAL, ALLIANZ, SUNU, SANLAM & NSIA) to offer a range of Bancassurance solutions to
Ecobank Group, the leading pan-African banking group, announces that Jubril Mobolaji Lawal has been appointed as Regional Executive and Managing Director designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria. The appointment is made ahead of Patrick Akinwuntan’s upcoming retirement, due to him reaching retirement age in January 2022. Mobolaji
