GCB Bank Limited has been voted the Best Bank in Ghana in Anti-Money Laundering (AML) Compliance. The award was conferred on the Bank this Thursday at the on-going Certified Compliance Professionals in Africa (ACCPA) Conference in Johannesburg, South Africa. GCB Bank was outstanding in the country-based category of Anti-Money Laundering Compliance measures. The other banks
The Board of Directors of Zenith Bank Plc has approved the appointment of Mr. Henry Oroh as Executive Director of the bank. The appointment is consistent with the bank’s tradition and succession strategy of grooming leaders from within. Also, the Board has approved the appointment of Dr. Al-Mujtaba Abubakar, FCA, as an Independent Non-Executive Director.
Verve, a leading payments technology company and Interswitch’s card scheme in Africa, and Discover Global Network, the payments brand of Discover, held an event to launch the Verve Global Card. Cardholders will now have the ability to use their Verve Global Cards on the Discover Global Network which provides acceptance at millions of merchants globally.
Nigeria’s Access Bank has migrated its entire network of ATMs to CR2’s ATM driving and card switching solution. The project also includes the migration of the lender’s card management system, according to a company press release. As part of the deal, CR2, which is headquartered in Dublin, Ireland, will be responsible for the largest ATM
FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, said it recorded gross earnings of N294.2 billion for the six months ending June 30, 2019 (H1’19). This represents 0.3 percent growth when compared with the N293.3 billion recorded as gross earnings in the corresponding period of 2018 (H1’18). The company disclosed this
GCB Bank has paid a dividend of GHS16.9 million to the government for the 2018 Fiscal Year. The cheque was presented to Mr Ken Ofori-Atta, Minister of Finance by the Managing Director of GCB Bank, Mr Anselm Ray Sowah at a short ceremony held at the Ministry of Finance on Wednesday 24th of July 2019.
The payments, banking and financial sectors are currently at the height of change, defined by innovation and development in technology and regulation. Seamless West Africa is a multi-brand event, with 500+ attendees and a world leading strategic conference. The event will welcome market leading industry players from central banks, commercial banks, insurance, e-tailers, telcos, merchants,
Leading digital money transfer service WorldRemit continues its rapid expansion in Africa, launching new international mobile money services through a partnership with pan-African fintech MFS Africa. This launch brings WorldRemit’s mobile money service to 5 new countries via Airtel in Malawi and Niger, Orange in Madagascar, Vodacom in Mozambique, and MTN in Guinea. WorldRemit’s mobile-first,
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’s 26th African Regional Conference (ARC) was the largest yet, gathering more than 600 participants from 55 countries in Accra, Ghana, to talk about the future of Africa’s financial services sector. His Excellency Nana Akufo-Addo, the President of the Ghana, opened ARC 2019 and explained the steps being taken by Ghana to enable the digital
