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Friday, 19 September 2014 08:02

Rapid Communications Limited, a fully owned Kenyan company recently acquired 16 percent shareholding in Nationlink telecom, a GSM operator

This has enabled the launch of Virtual Banking Services in Somalia with obtained license for banking services.

Wednesday, 17 September 2014 13:37

Temenos, the market-leading provider to the financial services industry, have announced the results of its seventh annual customer survey based on the opinions of 198 senior bankers

The survey covers areas such as banks’ corporate and IT priorities, their challenges, and their view of the competitive environment, as well as showing how views have changed over time.

Wednesday, 17 September 2014 05:48

Arroweye Solutions, a leading payments technology firm, has received Card Quality Management (CQM) certification from MasterCard

The International certification, valid for two years, validates strength, dependability of Arroweye cards and production processes and shows the comprehensive quality of the entire Arroweye system.

Wednesday, 17 September 2014 05:47

iVeri and Calleo have released a White Paper entitled “Accessing the Unbanked: Branchless Banking in Africa” which looks at the delivery of secure and cost-effective banking solutions to gain new customers for banks

Creating an agency banking model to extend your services to unbanked and under-banked customers at a fraction of the cost of opening and running remote branches.

Tuesday, 16 September 2014 09:41

The NIMC has announced that 10 out of the 13 banks in Nigeria have signed and executed agreements to implement the payment solution of the National electronic ID (National e-ID) cards

Access bank is currently implementing the pilot with a view to ensuring the success of the payment solution applet of the card before others follow.

Thursday, 11 September 2014 13:56

Africa’s largest bank by assets and earnings, Standard Bank Group has received several prestigious awards in numerous categories in the 2014 Euromoney Real Estate Survey Awards

The awards speak to Standard Bank’s ability to deliver solutions that showcase the group’s real estate expertise and in-depth knowledge across various markets on the African continent.

Thursday, 11 September 2014 12:46

An American market research organisation, Fast Market Research, has predicted that the Nigerian insurance industry would grow at an average rate of 7.5 percent per annum between 2014 and 2018

This is part of the conclusions of the new insurance research report from Timetric entitled, "The Insurance Industry in Nigeria: Key Trends and Opportunities to 2018", released recently by the research organisation.