News
Nigeria: Sterling Bank Migrates to Africa’s First Indigenous Core Banking System
Sterling Bank Limited, one of Nigeria’s leading commercial banks, has achieved a significant milestone by transitioning to SeaBaaS, Africa’s first-ever indigenous core banking ...
Africa
Africa: Network International Deepens Partnership with Orabank Group to Enhance Prepaid and Agent Banking Services
Network International has strengthened its strategic partnership with Orabank Group to revolutionize the bank’s prepaid and agent banking offerings. This expanded collaboration aims ...
Egypt
Egypt: Mastercard and National Bank of Egypt Introduce AI-Powered Digital Employees for Enhanced Customer Service
Mastercard and the National Bank of Egypt (NBE) have entered a pioneering partnership to deploy AI-powered digital employees, transforming customer service interactions within ...
Global
Global: Japanese Banks Test Stablecoin-Based Cross-Border Payments
In response to the growing cross-border transfer market, which reached $182 trillion in 2022, Japanese banks are piloting a stablecoin-based system to address ...
Global
Global: UAE Network International Partners with Ruya Bank to Enhance Digital Payment Technology
Network International has entered into a strategic partnership with Ruya Bank, the UAE’s leading digital-first Islamic community bank, aiming to revolutionize Islamic banking ...
News
Nigeria: Rand Merchant Bank Nigeria Names Bayo Ajayi as New CEO
The Board of Directors of Rand Merchant Bank (RMB) Nigeria has announced the appointment of Bayo Ajayi as the new Chief Executive Officer, ...
Global
Global: Brazil Prepares for New Round of CBDC Pilots
Brazil’s central bank is gearing up for the next phase of its digital real (CBDC) pilot, following years of development. The initiative, which ...
Global
Global: Real-Time Payments Achieve Significant Milestones in the US, Switzerland, and Australia
Real-time payments continue their global surge, as financial institutions and governments enhance current systems and introduce new platforms to meet the growing demand ...
Africa
Africa: Flutterwave Appoints Former Citi Executive Mitesh Popat as CFO to Drive Growth and Financial Sustainability
Flutterwave, Africa’s leading payments technology company, has appointed Mitesh Popat as its new Chief Financial Officer (CFO). With over two decades of experience ...
News
Nigeria: Stanbic IBTC Reports Record-Breaking N84.2bn Pre-Tax Profits in Q2 2024
Stanbic IBTC Holdings has posted its highest-ever quarterly pre-tax profits, amounting to N84.2 billion for the second quarter of 2024. This milestone marks ...
