Mastercard, Thales and Providus Bank Launch a Tokenisation and Digitisation Initiative in Nigeria

Posted on by Staff Reporter | 11401 Views | 13 min read

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 Ecobank Group Partners with Insurance Companies to Offer Bancassurance to SMEs

Posted on by Staff Reporter | 16707 Views | 9 min read

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 names Jubril Mobolaji Lawal as Regional Executive and Managing Director Designate for Ecobank Nigeria

Posted on by Staff Reporter | 11313 Views | 11 min read

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

TradeDepot Raises $110 Million To Extend ‘Buy-Now-Pay-Later’ to Retailers Across Africa

Posted on by Staff Reporter | 14040 Views | 11 min read

TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to 5 million SME retailers and drive further expansion of its merchant platform across the continent. The Series B equity round was led by the International

Hyland’s Alfresco Process Automation Platform Helps aYo Boost Financial Inclusion and Change Lives in Africa

Posted on by Staff Reporter | 40136 Views | 19 min read

aYo, a provider of micro hospital and life insurance cover for underserved communities in Africa, has slashed claims processing time and costs thanks to claims automation built on Hyland’s Alfresco Process Automation platform. Hyland is a leading content services provider that enables thousands of organisations to deliver better experiences to their customers. aYo already has

UBA Group Dominates the 2021 Banker Awards, Wins ‘African Bank of the Year’

Posted on by Staff Reporter | 14178 Views | 15 min read

Breaks the Banker Magazine Record as it wins Best Bank in Nigeria and 12 of Its Subsidiaries Africa’s global bank, United Bank for Africa (UBA) Plc yet again, reaffirms its leadership position across Africa, as the bank has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading

Microinsurance is Driving Greater Financial Inclusion, says aYo Ghana

Posted on by Staff Reporter | 13677 Views | 11 min read

There has been a ‘material increase’ in awareness of financial service products like microinsurance during 2021, with growing numbers of Ghanaian consumers purchasing cover to protect themselves and their families in the event of hospitalisation or loss of life. Francis Gota, the CEO of microinsurer aYo Intermediaries Ghana Limited, says the company has seen a

CR2 Continues to Drive Innovation as Cardless ATM Access Goes Live in Eight Countries

Posted on by Staff Reporter | 83390 Views | 10 min read

It’s a major concern for banking customers worldwide in this time of a global pandemic – how can they access their daily banking needs without touching surfaces such as ATMs?   CR2 (www.CR2.com) enables you to respond to these concerns and allow your banking customers to withdraw cash without physically touching the ATM, by simply

Firstbank Unveils a Fully Automated Self Service Branch, Strengthens Digital Transformation in Nigeria

Posted on by Staff Reporter | 20821 Views | 7 min read

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced the launch of its fully automated branch, called the FirstBank Digital Experience Centre. It is provided to put customers at an advantage in carrying out various activities on their own without interacting with anyone. The branch is a reinvention of

Cellulant to Power Payments for ImaliPay’s Drive for Gig Workers’ Financial Inclusion

Posted on by Staff Reporter | 15465 Views | 9 min read

The partnership will further drive financial inclusion by allowing ImaliPay users to access financial services quicker through Cellulant’s payment rails ImaliPay, the one-stop financial platform for Africa’s gig workers, has partnered with pan-African payments company Cellulant, for its payments infrastructure and solutions in Kenya and Nigeria. The ease of making and receiving payments for freelancers