02/04/2015
BANKS have been told to see anti-money laundering (AML/CFT) compliance as an obligation because of the need to insulate banks and other financial institutions against activities of criminals.
02/03/2015
Advent Software acquired by rival for $2.7 billion
"It's a great outcome for our investors," Hess said Monday.
01/28/2015
The lab enables Standard Bank to research and test in a controlled environment, before releasing new solutions into the market.
01/27/2015
The African Development Bank (AfDB) and MasterCard have announced a broad collaboration that aims to expand financial inclusion across the African continent.
01/26/2015
The United Bank for Africa (UBA) Plc has introduced the mobile Point of Sale (mPOS) terminals to support customers' e-banking transactions
01/21/2015
But it’s not just a business opportunity. The boom could help connect millions of people with a formal banking system they wouldn’t have access to otherwise.
01/20/2015
The United Bank for Africa has revealed that it has inked a partnership with Vodacom in Nigeria.
01/20/2015
A distinct leader by total assets and gross earnings in the Nigerian banking industry, First Bank of Nigeria Ltd, a subsidiary of FBN Holdings Plc, is validating its leadership position yet again as it presently accounts for 38 percent of bills payment
01/20/2015
Premier Bank in Somalia has formally announced that it has successfully gone live with Path Solutions’ iMAL Islamic Banking & Investment System on the 29 December 2014.
01/15/2015
Vodafone in a statement revealed there are presently more than 1,700 enterprises on the Vodafone Global Enterprise which it said is an industry-leading track record in delivering total communication services to the world’s largest multinational corp
01/08/2015
The mobile economy is booming in Africa, allowing people to bank and shop using cellphones.
01/08/2015
Nedbank is experimenting with mobile payments services with a beacon-driven mobile app called Accolades
01/07/2015
The Central Bank of Nigeria opened up the Mobile Money highway in 2009
01/06/2015
Mobile phones have been touted as the solution to banking for the poor in Africa, given that phone penetration is so high
01/05/2015
ICS Financial Systems Limited, a global software and services provider for banks and financial institutions, partnered with new banks through expansion of its operations in Kenya, Rwanda and Uganda.
01/05/2015
IT has been widely acknowledged that the financial inclusion initiative of the Central Bank of Nigeria will be largely driven by mobile money.
01/01/2015
A global software and services provider for financial institutions has expanded its operations into Kenya via a partnership with Guaranty Trust Bank to provide latest banking technology.
12/29/2014
The finance vertical, which includes banking, insurance, and securities and investments, will be the second-biggest vertical in terms of IT spending in 2015, with total expenditure of $1.88 billion.
12/27/2014
A report by the House Committee and two court cases challenging the bank’s subsidiary, Finserve’s entry into the market dominated by Safaricom, is spelling doom for the new entrant.
12/24/2014
Nedbank warns that card skimming is by no means a criminal pastime of bygone years.