United Bank for Africa (UBA) Plc has introduced an innovative online banking solution called U-Social, which offers flexibility and convenience to customers who desire to do banking transactions on social media using their Facebook account. U-Social is designed to promote financial inclusion and to make the bank’s services available to customers regardless of the time
Boku, Inc., the global leader in mobile payments, announced the acquisition of Germany-based mopay, one of the largest carrier billing companies in the world and one of Boku’s leading competitors. The acquisition makes Boku the largest standalone provider of carrier billing-based mobile payment services in the world, adding marquee merchant customers like Valve, gameloft, and
Rakuten Bank Ltd. announced the launch of Japan’s first*1 money transfer service using Facebook, “Transfer by Facebook*2”. With the aim of providing a service enabling customers to transfer money from one bank account to another with ease, Rakuten Bank launched “MailMoney” in November 2002.The service allowed the sender to transfer money without knowing the recipient’s
Guaranty Trust Bank plc has once again raised the service bar for African Financial Institutions, by upgrading its Social Banking offering on Facebook to accommodate Instant GTBank Account Opening. With this upgrade, prospective customers of the foremost Bank can open accounts and immediately get their account numbers while on Facebook, without having to visit any
Square, a point-of-sale company which developed credit card readers for the iPhone, iPad, and Android devices, has hired Gokul Rajaram, who was most recently the Product Director of Ads at Facebook, where he drove product development and execution for Facebook’s advertising products. As Square’s Product Engineering Lead, Rajaram will lead software development for Square Register, a
One of the foremost Nigerian financial institutions, Guaranty Trust Bank plc has once again raised the service bar in Nigerian financial institutions with the recent unveiling of its ‘Social Banking’ service on Facebook. The new offering which is the first of its kind by any Nigerian bank allows the public to open GTBank accounts and
