Instant fund transfer tops e-payment transactions with N22.6trn in 8 months

Instant electronic fund transfer, otherwise known as instant payments (NIPs), seems to be the darling of Nigerians when it comes to alternative cash payments in the country as about N22.6trillion passed through the platform in eight months. Industry figures obtained from the Central Bank of Nigeria (CBN), from January to August 2016, show that Point […]
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Mastercard Makes Commerce More Conversational with Launch of Chatbots for Banks and Merchants

Chatbots to Provide Partners with New Ways to Engage and Deliver Compelling, Personalized Experiences to Consumers; Mastercard Bot for Banks will be First Available on Facebook Messenger Mastercard announced its plans to launch artificial intelligence (AI) bots that allow consumers to transact, manage finances, and shop via messaging platforms. According to research firm Gartner, nearly […]
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