Features, News & Blogs
The Central Bank of Nigeria has advised the nation's retail FIs that they must implement measures to mitigate a rising tide of ATM fraud or face sanctions. Banks have until June 1 to comply with the order. According to Codewit World News, a CBN …
Saudi Arabia-based Saudi Investment Bank is adding cash deposit capabilities — a first for the country — and remote teller assistance in order to offer its customers the convenience of a wide range of round-the-clock personal banking …
Last week, mobile carrier service Airtel Money announced a tie-in with Visa that would give mobile money users in Kenya cardless access to cash at ATMs. This week, carrier MTN Ghana has made a similar announcement. MTN has partnered with Ecobank for …
NCR Corp. has signed a 5-year, multimillion dollar agreement to provide unified ATM and self-service hardware, software and services for Emirates NBD, the largest banking group in the Middle East. As a result of the deal, Emirates will become the …
While one bank in China tests the waters of biometric authentication at the ATM, an entire nation in Africa is taking the plunge. On Feb. 14, the Central Bank of Nigeria rolled out the first phase of its $50 million plan to migrate to fingerprint ID …
Smart Banking Solutions Ltd., a Tanzania-based provider of hardware and software solutions for FIs and telecoms, has introduced the first prepaid card in the Tanzanian market. The B-Pesa card allows a customer to transact at any B-PESA branded …
Sixty percent of Kenyans now use their mobile phone for banking transactions and 64 percent of Kenyans send or receive money locally through their mobile phones, according to a study by the Kenya Bankers Association. Forty-eight percent of bank …
Having grown by more than two million individual and small business clients over the last two years, South Africa's Nedbank recognized that, in the face of growing transaction complexity within the ATM and POS channels, the bank had to improve …
Jordanians might soon be using to their mobile phones to withdraw money from ATMs, pay bills, and make person-to-person or person-to-merchant transfers. The Central Bank of Jordan will allow the country's banks and telcos to launch mobile wallets as …
All banks in Ghana will be able to introduce mobile payments following enhancements to the country's interbank switching and processing system by Bank of Ghana subsidiary Ghana Interbank Payment and Settlement Systems, or GhIPSS. The enhancements …
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