The Annual retreat of the Committee of E-Business Industry Heads (CeBIH) was held at Abeokuta on Dec 2nd and 3rd, 2021. Sponsored by Flutterwave, the Banks, and many other fintech companies, the Retreat focused on Payment innovations and the trends to expect in the coming year with participants coming from all sectors of e-business processes. The […]
The Chief Executive Officer of 9PSB, Branka Mracajac, has stressed the importance of Payment Service Banks (PSBs) in supporting the country’s financial inclusion drive. She declared that PSBs offer last mile delivery of financial solutions to the unbanked, under-banked and underserved who in most cases are neglected due to geographical and infrastructural barriers. Mracajac made this […]
Africa’s leading integrated payments and digital commerce company, Interswitch, has been confirmed as a sponsor of the 2021 Annual Committee of e-Business Industry Heads (CeBIH) Retreat for the fifth consecutive year. The digital payment company has been an ardent supporter of the Committee and its objectives, underpinned by a shared objective of enabling further development […]
“Digital banking” emerged with heightened consumer demands for more efficient ways to access banking records and complete financial transactions outside of local branches. Digital banking is the digitization of every level, from front- to back-end, of banking. Do you work in the Financial Services industry? Get business insights on the latest tech innovations, market trends, […]
With an increase in digital transformation efforts that banks adopted after disruption by the Covid-19 pandemic, there has been a significant growth in the number of users opting for digital banking. The study has analysed 30 leading Tier 1 banks on their innovation in terms of digital features, investment and innovation. (Representational Image)With an increase […]
SAN FRANCISCO, July 13, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Digital Banking – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. Global Digital Banking Market […]
Open banking is one of the most important regulations to come to banking in the last decade and in Nigeria, it will be a gamechanger. It’s crazy the amount of information banks have about us. When you want to open a bank account, the bank collects your address, tax ID information, utility bills, and your […]
The global digital banking platform industry reportedly managed to generate $3.95 billion in revenue last year. It’s expected to reach $10.87 billion by 2027, which means it’s projected to expand at a compounded annual growth rate (CAGR) of 13.6% from 2020 to 2027. This, according to a new report from Allied Market Research, which was […]
It’s been a tough year for the ATM industry. The core function of these automated tellers has always been cash dispensing. But when cash suddenly becomes an alleged pandemic “disease vector” thanks to widely circulated, but mistaken, reports of a World Health Organization statement, it caused the ATM industry great angst, coming on top of […]
Clearly COVID-19 impacted consumer behavior globally as many consumers were forced to work from home, financial institutions closed lobbies and people worried about everything touched by others. The question has been whether initial changes in activities would become fundamental behavioral shifts once the pandemic ended. With people beginning to settle into what their “new normal” […]