Truecaller Partners with Paystack to Enable More African Businesses to Accept Online Payments

Posted on by Staff Writer | 4619 Views | 4 min read

We’ve partnered with Paystack to allow more merchants across Africa to accept payments online in a frictionless and secure manner by leveraging Truecaller’s mobile identity product, Truecaller SDK. Paystack is one of Nigeria’s largest payments startups, processing nearly 20% of all online transactions in Africa’s largest economy. The company aims to allow merchants in Africa

9mobile Partners Bango to Introduce Mobile Payment Service in Nigeria

Posted on by Staff Writer | 3495 Views | 5 min read

Nigerian telco, 9mobile has launched a new payment service, 9pay. This is an operator-billed payment platform for Google Play store users, launched in collaboration with Google, and Bango, the leading global mobile payments company. According to its Chief Product & Information Officer, Otuyemi Otule, 9mobile is delighted to expand its mobile payment solutions in Nigeria,

Central Bank of Nigeria Issues Cybersecurity Guidelines for Banks and Processors

Posted on by Staff Writer | 3465 Views | 2 min read

The Central Bank of Nigeria (CBN) has recently released new cyber-security guidelines for banks and Payment Service Providers. According to a letter sent by CBN on the 25th of June 2018, the reasons for issuing these guidelines were “Due to the recent increase in the number and sophistication of cyber-security threats against Deposit Money Banks

Standard Bank has Partnered with the United Nations to Develop Responsible Banking Principles

Posted on by Staff Writer | 4770 Views | 10 min read

Standard Bank is one of twenty-six leading banks from 5 continents, which are re-defining banks’ purpose and business models to align the sector with the UN Sustainable Development Goals (SDGs) and the Paris Climate Agreement. “Our sustainability and success are inextricably linked to the prosperity and wellbeing of the societies in which we operate. We

Nigeria’s Heritage Bank Committed to Innovative Banking Services

Posted on by Staff Writer | 3779 Views | 11 min read

Heritage Bank Plc has said it is committed to innovative banking services through its transparent MasterCard. Head of Corporate Communications of the bank, Mr. Fela Ibidapo disclosed this in a statement over the weekend, remarking that; “that is the philosophy behind the bank’s e-payment offerings.” According to him, there is more to e-payment than Nigerian

Heritage Bank Attains ISO 27001 Information Security Management Re-Certification

Posted on by Staff Writer | 3168 Views | 12 min read

Heritage Bank Plc, Nigeria’s most innovative banking service provider, has achieved the Information Security Management Re-Certification from International Standards Organisation (ISO). This certification also known as the ISO 27001: 2013 is part of the ISO 27000 family of standards which helps organisations keep information assets secure. The certification was achieved on the heels of the

FirstBank Partners with World Remit for Digital Money Transfers in Nigeria

Posted on by Staff Writer | 3866 Views | 10 min read

Digital money transfer service WorldRemit has joined forces with First Bank of Nigeria Limited (FirstBank) for instant money transfers directly to FirstBank accounts in Nigeria. The new strategic partnership considerably expands WorldRemit’s footprint and allows its customers in over 50 countries to send money to FirstBank accounts directly from their phones. The deal supports WorldRemit’s

OROBO and OpenWay to Power Cross-Border Money Transfers to West Africa

Posted on by Staff Writer | 7132 Views | 10 min read

OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross-border remittance and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa. The WAY4 digital payments platform provided by OpenWay, a top-ranked digital payments software solution provider, will become the technological backbone of this innovative remittance service. OROBO facilitates

Launch of Mobile Money Interoperability in Ghana

Posted on by Staff Writer | 3767 Views | 9 min read

The use of mobile money has witnessed exponential growth over the past 9 years; with a year on year increase in the number of mobile money accounts as well as the volumes and value of mobile money transactions. According to statistics from the Bank of Ghana, the total number of active mobile money accounts increased

Standard Chartered Bank Launches its First-Ever Digital Bank in Africa

Posted on by Staff Writer | 5287 Views | 13 min read

Standard Chartered Bank has announced the official launch of its digital bank in Côte d’Ivoire. This marks the Bank’s first digital bank in Africa and the first-of-its-kind to open in Côte d’Ivoire. Mr. Bruno Nabagné KONE, Minister of Information technologies and communication of the Republic of Côte d’Ivoire, was the guest of honour at the