Ecobank Launches Ecobank Mobile App to Transform Banking in Africa

Ecobank has launched the Ecobank Mobile App, an instant and convenient way of banking via the mobile phone. It is the first unified app delivered by any institution for use in 33 countries. Group CEO, Ade Ayeyemi unveiled the new App at a large product launch in Lagos, which brought together a wide range of

Banks are Separating Hardware and Software Purchasing to Optimise ATM Efficiency

Banks move away from buying ATM software bundled with hardware Banks around the world are increasingly looking to separate ATM hardware and software purchasing, according to RBR’s new study ATM Software 2016. For many years, ATM deployers tended to use the application software that was delivered with the hardware, but the increasing complexity of the

ChamsMobile Launches a Mobile Money Account and a Linked Visa Virtual Card for Nigerians in Diaspora

www.kegow.com, signing up with their foreign mobile number as the account number, and providing the required KYC information. Once completed, an account will be activated and a Visa Virtual Card issued online. It’s that simple. Once cardholders have loaded Naira from the options provided, they can start transacting. Funds-loading options include remitting via our international

Interswitch Concludes Acquisition of Vanso

Key highlights of the acquisition include: The current management team of VANSO will be absorbed into the Interswitch management organisation. VANSO CEO, Denis O’Brien will lead the Interswitch mobile payment’s business unit with a mandate to drive aggressive organic and geographic growth. Denis brings nearly two decades of financial technology experience in Africa. VANSO’s existing

Transfast Partners with Uber and Pulls Another First for Remittances

Transfast launched a partnership with Uber, offering a free Uber ride to the sender and recipient of funds transfers to Nigeria. The partnership marks the first time Uber has teamed up with a funds transfer company to connect global funds transfer and Uber ridership, according to Uber. Transfast will offer customers and their recipients in

HomeSend, Mastercard Aim to Transform the $3bn Remittance Industry in Ethiopia

HomeSend and the Commercial Bank of Ethiopia (CBE) announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send funds directly to any mobile number in the East African country. Launched in 2014, HomeSend is a joint venture of Mastercard, eServGlobal and BICS that enables business