Mobile Banking News

Tanzania: Ecobank Tanzania Unveils Two Digital Payment Systems


 | Source: The Citizen; All Africa

Ecobank Tanzania has unveiled two digital payment solutions on Wednesday, September 20, 2017 aimed at easing retail payment.

Tanzania: BoA Launches New Banking APP


 | Source: The Citizen; All Africa

Bank of Africa Tanzania (BoA) has launched a new banking App that will allow customers to make financial transactions through mobile phone for free.

Nigeria: CBN Reviews Limits On Mobile Money Transaction, Balance


 | Source: Vanguard; All Africa

The Central Bank of Nigeria (CBN) has reviewed daily mobile money wallet transaction and balance limit, as well as the Bank Verification Number (BVN) requirement for mobile money wallet holders.

Nigeria: CBN Moves to Protect Fraud Through USSD Banking


 | Source: Leadership; All Africa

With all the banks in the country now having Unstructured Supplementary Service Data (USSD) codes for banking transactions, the Central Bank of Nigeria (CBN) has issued an exposure draft regulatory framework for the use of USSD codes in the country.

Ghana: The Evolution of Digital Banking in Ghana


 | Source: Business Day Ghana; All Africa

Digital or electronic banking (e-banking) is believed to be providing an efficient and more reliable platform for banks and their customers to transact business with ease.

Tanzania: New Mobile Bank Platform to Boost Financial Inclusion


 | Source: Tanzania Daily News; All Africa

CRDB bank has introduced a new mobile bank platform, SimAccount, that operates using mobile phones to simplify banking services.

Malawi: Finding Relief Through Mobile Banking Services On Likoma Island


 | Source: Malawi News Agency; All Africa

Mo626 is a National Bank of Malawi's mobile phone service that enables its customers to do money transactions via mobile phones.

Nigeria: Union Bank Unveils Innovations On Digital Banking Platforms


 | Source: Daily Trust; All Africa

Union Bank has unveiled a plethora of digital banking solutions which will allow customers perform banking transactions through short code messaging on their mobile phones.

Zimbabwe: Market Embraces Netone Products


 | Source: The Standard; All Africa

NetOne last week launched OneCover, a micro mobile insurance that offers funeral insurance to subscribers and OneTech, which offers smartphones on credit loaded with free OneFusion airtime for the whole year.

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.

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