Ghana's Mobile Money interoperability platform (MMI) recorded a total 2.2 million transactions from May to December 2018. This shows a continuous increase in patronage of the service.
GSMA and mobile money providers across Africa and the world have launched the GSMA Mobile Money Certification. The GSMA Mobile Money Certification is a global initiative to bring safer, more...
If someone told you MTN mobile money is just about sending and receiving money and cashing-out then they lied. The ubiquitous mobile money service has a lot of services to...
South African banking group Standard Bank has announce the closure of 91 agencies which will result in about 1,200 jobs being lost starting from June 2019.
After about 2 years of deliberation in Parliament, the Bank of Ghana(BoG) says it is confident that works on the Payment Systems and Services Bill will be completed by the...
Standard Chartered Bank has unveiled it's banking and lifestyle app branded SC Mobile to give clients the power to make transactions with ease without disruption to their work schedule and...
The Vice-President, Dr Mahamudu Bawumia, has said the government will soon stop accepting cash payments as part of efforts to encourage people to make electronic payments.
The automated teller machine, is the first wave in the tsunami of technologies that have revolutionized banking over the last five decades. It allows customers of financial institutions to have...
Lagos-based fin-tech company One Finance Limited (OneFi) has acquired Amplified Payments Limited (Amplify), a company that builds and facilitates payment solutions and digital financial transactions for an undisclosed fee.
Fintechs are proving to be game changers in Africa by transforming service delivery, with greater efficiency. The sector is courting foreign investors; last year, African tech startups raised
What is blockchain? Simply put, a blockchain is just a list of digital records (blocks) that are chained together using cryptography. The financial industry today contains all types of middlemen – payments...
IBM has put itself forward as a viable alternative to Swift and Ripple, launching a new cryptocurrency-powered solution for cross-border payments known as "World Wire".
Facebook has started engaging financial institutions in Africa about possible mobile-payment collaborations, says Carolyn Everson, a vice-president at the social networking group.
Sweden’s financial regulator, the Swedish Financial Supervisory Authority, said it needs to pick up its oversight of Swedish banks when it comes to money laundering.
As more economies are formulating strategies to move towards a cash-lite or cashless society, authorities in Sweden are starting to get worried about the speed at which cash is going...
ICF Zurich, an evangelical church from the largest city in Switzerland, has begun accepting voluntary offerings from its members using cryptocurrency. According to its website, the church accepts donations directly...
Retail companies could become the new face of everyday financial transactions once the Revised Payments Services Directive, known as PSD2, goes into effect in the European Union in January.