Mobile Banking News

Nigeria: Skye Bank Unveils New Digital Solution, SkyeXperience


 | Source: This Day; All Africa

Skye Bank Plc, one of Nigeria's largest retail lenders, unveiled a new digital banking solution called SkyeXperience which is considered as as a game-changing innovation that is poised to put industry competitors in the digital catch-up mode.

Nigeria: CBN, NCC to Tackle SIM Swap, USSD e-Payment Frauds


 | Source: Vanguard; All Africa

The Central Bank of Nigeria, CBN, in collaboration with the Nigerian Communication Commission, NCC, is set to introduce regulations to curb SIM swap and Unstructured Supplementary Service Data,USSD, related electronic payment frauds in the financial system of the nation.

Africa: New Report Details How Legacy Financial Institutions Are Deepening Financial Inclusion Through Fintech Partnerships


 | Source: PR Newswire; All Africa

CFI, IIF, and MetLife Foundation released a new report examining how partnerships between mainstream financial institutions and fintechs are expanding access to the formal financial economy to the unserved and underserved in emerging markets.

Kenya: Virtual Lender Branch Kenya Loans Hit Sh3.6 Billion


 | Source: Daily Nation; All Africa

Mobile-based lender Branch has disbursed a cumulative Sh3.63 billion ($35 million) loans in Kenya where virtual lending is growing in popularity.

Sudan: Ministry of Finance to Organize Fifth Forum On Electronic Money Collection Project Next Sunday


 | Source: Sudan News Agency; All Africa

The Electronic Money Collection Project will take place under the slogan "Towards Integrated Applications of Financial and Accounting Systems".

Africa: What the G20 Said on Africa


 | Source: All Africa

Excerpts most directly applicable to Africa drawn from the declaration of leaders of the G20 nations, issued after the leaders' summit in Hamburg on July 7 and 8

Zimbabwe: Zimpost Offers Low-Cost Money Transfer Service - Zipcash


 | Source: The Herald; All Africa

Zimpost offers a variety of financial services at all post offices nationwide. These range from mobile money transfer services to agency banking services.

Uganda: Agency Banking Will Deepen Financial Inclusion


 | Source: The Observer; All Africa

Agency Banking is one of the new provisions of the Financial Institutions (Amendment) Act 2016 and will be a key driver of increasing financial inclusion in Uganda.

Rwanda: RAB, BK Techouse Sign Agreement to Streamline Agriculture Inputs Distribution


 | Source: The New Times; All Africa

Rwanda Agriculture Board (RAB) and BK TecHouse, a subsidiary of Bank of Kigali, plan to digitize management of the supply chain of the national farmer subsidy programme, in order to improve access to agro credit for farmers and to facilitate activities of agricultural input dealers.

Rwanda: Govt Looking to Scale Up Financial Inclusion Next Fiscal Year - Officials


 | Source: The New Times: All Africa

Officials from the ministry said that most of their efforts in the upcoming financial year will be geared towards promoting financial inclusion to increase the number of the banked population in the country.

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