Banks, insurance & pension firms in Kenya urged to use biometric to reduce fraud
Firms in the financial services sector such as banks, insurance, and pension funds are set to reduce fraud in their ...
Wednesday, July 17, 2019
Tag: Banking
CBA & fintech firm ECap launch reverse factoring services to support SME’s working capital
Kenya’s Commercial Bank of Africa (CBA) has partnered with the African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) and ...
Ecobank Mobile App Hits $1 billion in transactions
The Ecobank Mobile App, a financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since ...
Ecobank partners Visa to launch Ecobank Scan+Pay with mVisa solutions to its consumers
Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa to deliver instant, secure cashless payment for goods and ...
UBA Group deploys AI-powered callback technology for instant customer response
United Bank of Africa Group, (UBA) is going above and beyond the legacy banking systems to omni channel marketing and ...
Blockchain startup Loyyal closes series A round from Dubai investors to build a universal loyalty and rewards platform
Blockchain startup Loyyal, the blockchain innovator building a global loyalty network has closed a Series A capital raise to complete ...
Nigeria’s Siri for banking, VoiceIt wins the $5K Re:Code Nigeria Hackathon Prize
The ‘VoiceIt’ beat 17 teams to become the best team to win the Re: Code Nigeria competition taking home ₦1.5 million ($5K), ...
Sidian Bank taps IBM to bolster its digital banking offerings
Sidian Bank has turned to IBM to fuel its digital transformation promising its clients faster access to existing services like ...
Equity Bank opens Zanzibar branch in an expansion drive
Equity Bank has launched a new branch in the coastal city of Zanzibar as it seeks to deepen its forays ...
I&M Bank Appoints New Chief Executive to Drive Growth
I&M Bank has appointed Mr Kihara Maina as the new Chief Executive Officer of I&M Bank, Kenya effective immediately in ...
Kenya’s NIC Bank automates loan applications process to double up its lending
Kenya's NIC Bank has announced that it has launched a fully automated online platform to help corporate employees apply for ...
Kenya’s Dubai Bank Launches M-SASA Mobile Financial Platform
Dubai Bank today launched its mobile banking system- M-SASA, expected at enabling Dubai Bank’s clients to check their balances, request ...
South Africa’s Nedbank Acquires 20% Stake in Ecobank for $493m
South Africa's Nedbank Group is set to acquire a 20 percent shareholding Ecobank Transnational Incorporated (ETI) for USD493.4 million 4,512,618,890 ...
NIC NOW Mobile Banking App Revamped to Power Allow Remote Share Trading
Trading on the Nairobi Securities Exchange has always been an offline venture, requiring traders to either visit their stock brokers ...
CEO Weekends: Most Banking Portals In Kenya Lack Adequate Online Security, Survey Shows
In recent years, business innovation and growth in Kenya has been driven by technology adoption. However, it has exposed the ...
South African Software Firm Develops Dar es Salaam Stock Exchange System in Weeks
The MD of STT Michelle Janke and the CEO of the DSE Moremi Marwa shake hands ...
Business Connexion Buys 30% Stake in Nigeria’s AppZone
South Africa's Business Connexion (BCX) has bought a 30% stake Nigeria's AppZone Limited, to develop solutions for the financial services ...
CEO Weekends: Mobicash Launches Lipa Sasa Na MobiKash to Take on Lipa na M-PESA
In a move set to change ways Kenyans transfer money and do transactions, MobiKash Afrika today launched a cross-platform merchant ...
KCB Group Denies Plans to Venture into Telecom Business
KCB Group CEO Joshua Oigara has said the lender has no plans to venture into telecom business but was not ...
Ecobank Transactional’s Board Fires Controversial CEO Replaces Him With His Deputy
After nine months of allegations of mismanagement, the controversial CEO Ecobank Transactional has been fired by the bank’s board, and replacing ...
UBA & Nigeria’s Parolz.com Partner to Reward Customers
United Bank for Africa (UBA) has partnered with Parolz.com, an online discount platform for Dinning to Lifestyle, Hospitality, Transportation and ...
Kenya’s CfC Stanbic Bank Introduces Till2Bank to Allow SME’s Bank Via M-Pesa
image:Abacus.co.ke Kenya's CfC Stanbic Bank has launched a service dubbed Till2Bank to allow Business Banking and ...
South African Bank Brings The Country’s Stock Market to the Mobile Phone
South Africa's FNB has launched a mobile banking application that will bring the entire Johannesburg Stock Exchange to the mobile ...
Ecobank goes live in Ethiopia | Launches Ecobank OMNI For Cross-Border & Multi-Currency Cash Management
Ecobank has launched its operations Ethiopia with a new branch in Yerer Ber district in Addis Ababa, in a pan-African ...
Kenya’s KCB Launches Mobile Platform For The Unbanked Population
KCB Bank Group has launched a new product targeting the unbanked population in Kenya. Dubbed KCB M-Benki, the service allows ...
The Helix Institute of Digital Finance Launches in Nairobi to Extend Financial Services to All
The Helix Institute of Digital Finance, a training and information institution for digital financial services has said it will launch ...