The Board of Directors of Jaiz Bank PLC has following the resignation of the Managing Director, Muhammed Mustapha Bintube after almost 10 years of meritorious service, announced the appointment of the General Manager in charge of the Bank’s Business Development Group, Hassan Usman as the Acting Managing Director. Hassan is a trained Chartered Accountant and
Mr Archie Hesse, Chief Executive Officer (CEO) of Ghana Interbank Payment and Settlement Systems (GhIPSS) said Ghana would soon host an online internet gateway. This would make it possible for consumers to use their normal ATM cards to make payments online . He said with the launch, payment for goods and services purchased locally via
As part of efforts to enhance the delivery of affordable financial services in the country, Access Bank (Ghana) Limited has launched its first ever customer loyalty promotion dubbed “Easy Access Promo”. The promotion, which seeks to reward loyal customers of the Bank, is also aimed at deepening the savings culture in Ghana by empowering individuals
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
The Western Union Company, a leader in global payment services, and eTranzact International plc, a multi-application and multi-channel electronic payment processing company, announced the launch of a new mobile money transfer service. Consumers in Nigeria who use the eTranzact Mobile Money platform now have the option of receiving a Western Union Money Transfer® transaction on their
MasterCard and United Bank for Africa (UBA) unveiled a personalized debit card in Nigeria, dubbed the UBA “All About U” Card. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to advance a cashless
ElectraCard Services (ECS), a provider of software and processing solutions for electronic payment systems, powers e-Revenue Gateway (e-RG), a payment processing and electronic transaction switching company, to launch contactless electronic payments in Nigeria. ECS’ PA-DSS compliant platform will help e-RG to launch programs with multiple financial institutions and channels like ATM/ POS/ Internet/ Mobile on
Access Bank’s merger deal with the defunct Intercontinental Bank has been judged Africa’s top merger and acquisition (M&A) deal by the Banker Magazine. The Banker Magazine, a member of the Financial Times stable of publications, selected the Access Bank and Intercontinental Bank deal as the “2012 Mergers and Acquisitions Deal of the Year” for Africa.
Orange is launching a quick and easy international money transfer service at a competitive price called “Orange Money International Transfer”. The offer is available between Mali, Senegal and Cote d’Ivoire. Every year, 200 million euros are moved between those three countries in the form of money transfers. With the new service, Orange meets the needs
Wincor Nixdorf is opening a new representative office in Lagos, the largest city in the western African country of Nigeria. The company is extending its involvement in Nigeria as part of the expansion of its business in the world’s growth markets. Eckard Heidloff, President and CEO of Wincor Nixdorf AG, explained the company’s future presence
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