Friday, April 18, 2025
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finance

Kenyan banks demand fair play

The banking industry in Kenya is up in arms against the growing competition from money transfer operators whom they accuse of enjoying benefits not entitled to them. Media report by East African say the industry is bitter that the operators...

Banking the Unbanked in Africa

African banks are moving closer to the 230 million unbanked households in Africa’s rural areas through advanced satellite technologies. Gateway Communications, the largest provider of specialist pan-African corporate connectivity, which works with 22 of Nigeria’s 25 largest banks, enables...

Cognos unveils new version of TM1 for Financial Performance Management

Cognos, an IBM company and a provider of business intelligence and performance management solutions, has announced the availability of IBM Cognos TM1 9.4, an enhanced version of its performance management solution for enterprise and mid-market organisations. The latest...

Online & Mobile Banking gain popularity among customers

Worldwide, banking industry has been evolving and adapting to changing economic, and geopolitical equations. While the penetration of banking operations is high in developed countries, low penetration rates in emerging economies are expected to translate into vast growth opportunities...

Stanchart Bank Africa’s best

Standard Chartered Bank has been honoured as the World’s Best internet Bank for Africa and Middle East by the Global Finance Magazine. The bank was honoured for its excellence in 8 markets within Africa and the Middle East. The superiority...

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). GNCS say this alarming amount has prompted calls...

Kenyans warned of e-banking risks

Kenyans have been warned by lawyers of risks related to the adoption of electronic banking. According to East African Standard the experts warned on Thursday that users of this type of technology stood a risk of losing money that cannot...

Econet enters Kenyan financial services sector

Econet Wireless is set to change the financial services sector. The company has announced that it is ready to rollout an advanced network providing money transfer services, mobile banking and roaming services. Econet Wireless Kenya has partnered with Obopay, a...
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PayPal and TerraPay Unite to Expand Cross-Border Payments Across MEA

PayPal has announced a strategic partnership with TerraPay, a leading global money movement platform, to enable real-time fund transfers...
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