Posts Tagged ‘banks’

Nigerians fork out N138 billion to 10 banks

May 22, 2017 • Finance, Top Stories, West Africa • Dean Workman • Comments (0)

According to a report by the Vanguard, Nigerian bank customers paid N138 billion ($437 million) in electronic payment charges to the top 10 banks in the country last year. The fee represents an eye-opening 26% increase on the N109.1 billion paid by...
Cybercrime rising across Africa’s financial sector

January 28, 2014 • Security • Chris Tredger • Comments Off on Cybercrime rising across Africa’s financial sector

Incidents of cybercrime continue to plague Africa’s banking sector. Regional media claim that several banking institutions are being investigated in cybercrime cases. These investigations are said to include inquiries about illegal online transfer of...
How do banks monetise mobile channels?

September 15, 2011 • Opinion • Charlie Fripp • Comments Off on How do banks monetise mobile channels?

The era of mobile banking and mobile payments is dawning. Around the world and across the banking value chain, everyone is waking up to the huge potential of a market that is changing the way customers interact with financial institutions. Banks are...
Namibian telecoms unit sold

June 8, 2011 • Mobile and Telecoms • Charlie Fripp • Comments Off on Namibian telecoms unit sold

ORASCOM Telecom, one of Egypt’s leading telecommunications company subsidiary, Telecel Globe has announced the sale of its Namibian business component, Powercom to Investec and Nedbank. The move, analysts here in Cairo say, was expected in order to give the...
African Banking Corporation selects BankWorld

October 22, 2008 • Enterprise • Charlie Fripp • Comments Off on African Banking Corporation selects BankWorld

CR2, a global provider of self service banking software solutions and African Banking Corporation have today announced that the bank has selected BankWorld, CR2’s industry leading integrated self service platform...
Hackers stealing $200billion per year worldwide

September 12, 2008 • Top Stories • Charlie Fripp • Comments Off on Hackers stealing $200billion per year worldwide

Hackers are having it big worldwide, the global economy is losing almost $200 billion per year to the cyber thieves; this is according to Nigerian based Global Network for Cyber Solutions (GNCS)...