Central Bank of Nigeria (CBN) has said any bank that deducts monies illegally from a customer’s account for products and services would be forced to refund...
The Central Bank of Nigeria (CBN) has revitalized the inter-bank foreign exchange market with another 210 million dollars. Mr Isaac Okorafor, Acting Director, Corporate Communications,...
Commercial Bank customers within the Federal Capital Territory have decried excess charges by banks through Automated Teller Machine (ATM) withdrawals. Some customers who spoke to...
United Bank for Africa (UBA), Pan African Financial institution, has again disrupted the e-payment space with the introduction of Master Pass ‘Quick Response’ (QR) Bot. ...
The National Bureau of Statistics (NBS) says Automated Teller Machines (ATMs) from selected Banks across the country, recorded transactions valued at N1.568 billion in first quarter....
The ATM Security Association for Enhanced Technology and the ATM Industry Association have signed a memorandum of understanding for a closer relationship between the organizations. The...
Idex, a developer of advanced fingerprint solutions for mass markets, has worked with MasterCard to develop a remote self-enrollment solution for biometric cards. “Issuers and consumers...
Digital banking services are here in Nigeria and it is only a matter of time before the traditional banking institutions are swept away. That is if...
Without a doubt, the digital revolution in the financial space is one that is sweeping across the globe, reshaping the industry’s vision on banking based on...
Safaricom, Kenya’s biggest telecoms company, is piloting a social messaging app that will link to its mobile money platform in an attempt to move the company...