Africas leading resource for digital financial services
Newsflash
- WorldRemit launches low-cost digital money transfers from South Africa
- GHANA:Mobile Money Interoperability Closed in December with 2.2 Million Transactions
- Commercial Bank of Ethiopia Partners with WorldRemit to Launch International Mobile Money Transfer Service
- Tanzania: Number of Mobile Money Subscribers Rise By 4.7%
- M-Pesa Fuliza lends Sh1b to customers within 8 days after launch
- Mashreq Bank enables Samsung Pay transactions via its mobile banking application
- KENYA:StanChart set to raise ATM limit to Sh80,000
- KENYA:App doubles Barclays’ loan applications to 10,000 per day
- Nigeria: Cheque Transactions Fall 5% As BVN-Linked Accounts Hit 36 Million
- NIGERIA: Keystone Bank floats first zero data mobile app
Latest Stories
By Adeyemi Adepetun and Oluwatosin AreoTransactions carried out through cheques fell by 5.02 per cent in 2018, against 2017 levels, indicating th...
Keystone Bank Limited has rolled out the first zero data mobile app in the Nigerian banking industry.The new ‘Keystone Bank Mobile App’ ena...
Automated teller machines (ATM) are the most preferred form of electronic banking in Nigeria.Reports from the Nigerian Interbank Settlement Syste...
CoralPay Technology Limited, a payment switching and transaction processing company, has deployed the first interoperable Unstructured Supplement...
COLLINS NWEZEThe Central Bank of Nigeria’s (CBN’s) policies on financial inclusion is yeilding results. A report released by Enhancing Financial...
LAGOS—Zenith Bank Plc has launched the Unstructured Supplementary Service Data, USSD, payments on Point of Sales (USSD on POS), enabling cu...
Cross network mobile money transfers were done about 2.2 million times between May and December last year, according to figures released by the G...
WorldRemit is giving customers a chance to send money to their loved ones with very little charge this Christmas season.New research from WorldRe...
The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets across the...
In a further development of its position as an integrated financial services organization offering exceptional value, Standard Bank is entering t...
The second phase of the Mobile Money Interoperability is completed and expected to be rolled out on Wednesday November 28, 2018.The Minister...
Payments technology platform, Visa, in partnership with leading Ghanaian banks, announced the launch of Visa-on-mobile, its innovative mobile pay...
The Commercial Bank of Ethiopia (CBE) is to launch its first ever international mobile money transfer in partnership with WorldRemit. This will e...
By Gadiosa LamteyDar es Salaam — The number of mobile money subscribers rose by 4.7 per cent during the third quarter of last year (the first qua...
A new feature on M-Pesa dubbed Fuliza that allows users access an overdraft facility has garnered one million users eight days after its launch.S...
Standard Chartered Bank Kenya will from next month raise its daily ATM withdrawal limit to Sh80,000, double the present maximum cap for most lend...
PATRICK ALUSHULABarclays Bank of Kenya’s mobile loan service, Timiza, has pushed up the lender’s loan applications to 10,000 per day thanks to ab...
VICTOR AMADALASafaricom users can now pay for goods and services even when they lack enough funds, piling pressure on conventional banks. Du...
Interest in African fintech businesses continues as an Egyptian mobile payment provider changes hands on the private equity market.A majority sta...
The Egyptian Center for Public Opinion Research (Baseera) announced that the value of financial transactions through the electronic payment n...
UAE Exchange announced the launch of its new money transfer mobile app and website in the UAE, multiplying customer convenience with preferenti...
The Central Bank of Egypt approved increasing caps on cash withdrawals and depositing under mobile-phone cash transfer services, head of marketin...
The Middle East region has seen a 22 percent increase in online transactions during 2016, according to data revealed by Payfort, an Amazon comp...
The mobile payments company Fortumo and the mobile operator group Orange are announcing today the launch of direct carrier...
Leading digital money transfer service WorldRemithas launched its low-cost digital money transfer service from South Africa to over 145 dest...
Authorities in South Africa are seeking comments on proposed policy changes that could, among other things, offer cryptocurrencies regu...
By Ciaran RyanBorrowers with more than one debt outstanding were given some protection last week when the Supreme Court of Appeal ruled that the...
Global payments company Visa, the second-largest card payment company to China Union Pay – CUP on a global level is expected see a drastic drop i...
Nume EkegheThe Central Bank of Nigeria (CBN) has stated that any failed Nigerian Instant Payment (NIP) transaction not reversed into the customer...
Access Bank Zambia, a member of Access Bank group Plc plans to launch whatsApp banking on the Zambian market. This follow successful launches and...
Dubai: Mashreq Bank, the UAE’s leading financial institution, has rolled out a service that allows customers to instantly add their cre...
The UPU has announced it is set to roll out digital financial services projects in countries in Africa, Asia and the Pacific, reaching as many as...
Western Union, a leader in cross-border, cross-currency money movement, announces an alliance with TerraPay to enable mobile wallet and bank acco...
Tech giant Google unveiled ‘Google Shopping’ in India that will allow users to easily filter through offers, review prices from multiple retailer...
Two of Africa’s largest mobile operators and mobile money providers, Orange Group (www.Orange.com) and MTN Group (www.MTN.com), has announce...
MasterCard, the world’s leading technology company in the global payments industry hosted the African Debit Forum recently to discuss role of tec...
