Africas leading resource for digital financial services
Newsflash
- KENYA: Postbank inks Xpress money transfer deal
- KENYA: Betin sues Safaricom to unblock pay links
- Kenyan central banks criticises Facebook's plans for cryptocurrency
- ZIMBABWE: Ecocash rules mobile money market with 99% share
- Ghana: GTBank Launches Ria Money Transfer
- Why South Sudan mobile cash is a game changer
- UK Post Office and Western Union team on cross-border transfers
- KENYA: StanChart sets sights on mobile lending window
- KENYA: CBK pushes for lower mobile loan fees
- GHANA: GhIPSS completes system upgrade to solve interoperability issues
Latest Stories
Fresh off the news cycle that saw Nigeria sign the Africa Continental Free Trade Agreement (AfCfta), Africa’s largest Bank, Access Bank Plc,...
In a bid to ease financial transaction and increase financial inclusion in Nigeria, especially at the unbanked rural communities, a payment and m...
The Central Bank of Nigeria (CBN) remains committed to deepening financial inclusion in line with its objective to achieve the national financial...
First Bank of Nigeria Limited has announced it now has over 27,000 Agents on its Firstmonie Agent Network. This feat reinforces the bank’s steeri...
Nume EkegheAs part of efforts to achieve its financial inclusion target, the Central Bank of Nigeria (CBN) has set a goal of 64 new customers per...
Moodys notes that most of the banks in the country, will not be able to withstand this competition, with the exception of Access bank, United Ban...
By Claude Nyarko AdamsA financial platform to enable Ria Money Transfer (Ria) customers worldwide to send money directly into beneficiaries' mobi...
Patrons of the mobile money interoperability platform should be enjoying seamless transactions in the coming days when the Ghana Interbank Paymen...
By Kingsley AsarePlayers in the electronic payment industry, especially mobile money operators have been urged to reduce their charges to enhance...
MTN Ghana, as part of the Momo@10 celebration organised a stakeholder conference on Momo's contribution towards financial inclusion under th...
The Bank of Ghana has said as of December 2018, there were 32.6 million mobile money accounts.Speaking at a workshop organised by telecommunicati...
General Manager for MTN Mobile Money limited, Eli Hini has stated that the MTN Mobile money service is aiming to digitize merchant payment across...
BRIAN NGUGIPostbank has inked a partnership with Xpress Money, the UAE-backed foreign exchange and cross-border international payment solutions p...
MAUREEN KAKAHBetting firm Betin Kenya is seeking a court order against Safaricom to unblock M-Pesa pay bills and SMS short codes the telco suspen...
CONSTANT MUNDACentral Bank of Kenya (CBK) has joined growing global voices against Facebook’s plan to launch a digital currency next year.Kenya’s...
CONSTANT MUNDAStandard Chartered Bank is planning to venture into the mobile loans segment in the near term, chief executive Kariuki Ngari has di...
CONSTANT MUNDAThe Central Bank of Kenya (CBK) has stepped up talks with banks to lower the cost of mobile phone-based loans amid claims they are...
•This partnership is anticipated to grow Postbank’s money transfer market share and open additional revenue lines for the Bank.Postbank yesterday...
JULIUS BARIGABAIn a country without a well-developed financial infrastructure—where mobile phone airtime has often been used as some form of curr...
Francis MuliSouth Sudan has launched its first mobile phone-based money transfer service, m-Gurush.m-Gurush is a short form for mobile-Gurus...
Telecom Egypt and Banque Misr have signed a cooperation agreement in preparation for the launch of WE mobile wallet.The new service will enable c...
In Morocco, the mobile operator Inwi announced it is launching its Mobile Money service Wana Money by next September.Information was disclosed by...
Noha El TawilIn a country where the population surpasses 100 million with a big portion lacking financial services while the rest need more effic...
The Western Union Company, a leader in cross-border, cross-currency money movement, has appointed Moroccan Mohamed Touhami el Ouazzani as Regiona...
By Alois VingaCASSAVA Smartech’s subsidiary, Ecocash is enjoying almost 100% dominance of mobile money transactions and continues to maintain a l...
The amount of money transferred via mobile phone during the first quarter this year in Zambia reached $652.1 million, ZMW8.15 billion, the C...
By Kudzai KuwazaLONDON Stock Exchange (LSE)-listed firm Cambria Africa has set in motion a process for a US$100 million lawsuit against Bankers’...
BY TATIRA ZWINOIRAMOBILE money cash in transactions rose 11,5% to $1,17 billion in the first quarter of 2019 from $1,05 billion in the previous q...
A group of fraudsters hacked the ZANACO Mobile Money platform and defrauded thousands of customers of their hard earned money.The data breach whi...
Consumers have expressed worry over low penetration of mobile money agents in the rural areas, a development they argue defeats financial inclusi...
Business customers will have access to Western Union’s innovative WU® EDGE platform.Post Office Expands Cross-Border Financial Services Offering...
Mastercard has announced the completion of the acquisition of Transfast, a global payments company with significant cross-border network rea...
7-Eleven Japan recently launched a mobile payments feature on its 7Pay app which enabled customers to simply scan a barcode in the app and charge...
Visa today announced it has signed a definitive agreement to acquire Verifi, a leader in technology solutions that reduce chargebacks. The...
Facebook is branching into cryptocurrency, unveiling a new blockchain-based currency called Libra that could challenge bitcoin. Libra will be con...
UEFA has announced a new partnership with Chinese mobile payments platform Alipay which aims to bring greater fan engagement experiences to Chine...
