Industry News – Commitee Of EBanking Industry Heads

CeBIH: Collaboration key to Fighting e-Payment Fraud

The Committee of e-Business Industry Heads (CeBIH) has identified collaboration as a vital necessity to tackling electronic payment fraud in the country. It, therefore, expressed its readiness to collaborate with private and public sector agencies to tackle the menace. The Chairman of CeBIH, Celestina Appeal, who stated this at a conference organised by the group […]

CeBIH Moves to Combat Fraud in Electronic Payment

The Committee of e-Business Industry Heads (CeBIH) has stated its readiness to collaborate with Private and Public Sector Agencies to tackle electronic payment fraud in Nigeria. The Chairman of CeBIH, Celestina Appeal, who stated this at a recent conference of the CeBIH, which held in Lagos, said the fight against electronic payment fraud, remained the […]

CeBIH Gets Female Chairperson

The Committee of e-Business Industry Heads (CeBIH) has elected Celestina Appeal, the head of Cards Business at Zenith Bank as its new Chairman, alongside other new exco members, who will run its affairs in the next one year. Speaking at the event, the immediate past Chairman of CeBIH, Adeyemi Atanda, commented that although a lot […]

The disruptive trends & companies transforming digital banking services in 2021

“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, […]

Half of global population will use digital banking by 2026, says report

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 […]

Global Digital Banking Market to Reach $30.1 Billion by 2026

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 […]

March 30, 2021
By CeBIH Reporter
Epayment Trends, Industry News, Industry News
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Nigeria’s new Open Banking rules will see banks sharing data with fintechs

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 […]

Global Digital Banking Platform Market to Surpass $10 Billion by 2027: Report

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 […]

The Future of ATMs in Banking

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 […]

How COVID-19 Has Changed Payments & Banking Behaviors Forever

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” […]