Tag: agency banking

Software Group Launches Accelerated Agent Banking

Software Group Launches Accelerated Agent Banking By Zeenat Sambo Software Group (SoftwareGroup.com), a global financial technology provider, has announced the launch of its Fast-track Agency Banking software for Nigerian banks looking to expand their reach and speed at a competitive cost. Fast-track Agency Banking is an out-of-the-box solution with standard functionality for key transactions, fully […]

Company Launches Accelerated Agency Banking to Accelerate the Race to Reach the Unbanked

Software Group, a global fintech provider, has announced the launch of its Fast-track Agency banking software for Nigerian banks looking to expand their reach quickly and cost competitively. Fast-track Agency Banking is an out-of-the-box solution with standard functionality for key transactions, fully managed on the cloud. It is powered by Software Group’s DigiWave banking platform […]

NIPOST plans biometrics and agency banking to push financial inclusion in Nigeria

The Nigerian Postal Service (NIPOST) is contributing to the country’s financial inclusion efforts in the form of a biometric registration campaign, as it expects to see an announced agency banking platform fully operational soon. The system in question was unveiled in January, but is expected to officially launch this month, according to a Tech Point […]

Payrail Agency partners with Mercy Corps to revolutionize financial inclusion in Nigeria

Angala Fintech, a fintech company, has integrated an all-in-one digital finance channel that is inclusive while enjoying equal opportunity and access to timely financial products and services. With this launch in Adamawa State and with continued collaboration with Mercy Corps, Payrail Agency – a branchless side-by-side banking app designed for everyone at all literacy levels […]

Ecobank Nigeria expands bank branches to 50,000

By Modupe Gbadeyanka Ecobank Nigeria now has over 50,000 bank branches across the country, helping the Central Bank of Nigeria (CBN) achieve its financial inclusion drive. “In addition to fostering financial inclusion for the unbanked and underbanked, we are improving community banking services with our 50,000 agent outlets across Nigeria. “Ecobank’s vision is to use […]

HNB Partners SLT-MOBITEL to Launch Island-Wide “Ithuru Ithuru” Agency Banking Service Using mCash Agent Network

Two of Sri Lanka’s banking and telecommunications giants, HNB PLC and SLT-MOBITEL, have announced a landmark partnership to launch “HNB Ithuru Ithuru”, a branch banking service that will enable HNB customers to make deposits into general and minor savings accounts of HNB through certain mCash Agents of SLT-MOBITEL. Aiming to dramatically expand financial inclusion while […]

Bank branch with NIPOST, crypto beyond trading, Periculum’s credit analysis tool

This post is a delayed version of Summary of technical points, a weekly newsletter that provides updates on major African tech events. You can start receiving it hours before everyone else if you subscribe now Salvation, Today I discuss: The banking ambitions of NIPOST Other Use Cases for Cryptography Creditworthiness in the African Context NIPOST’s […]

Why we launched the debit card, a bank branch for NIPOST — Pantami –

The Minister of Communications and Digital Economy, Prof. Isa Pantami has unveiled the Nigerian Postal Service’s agency banking and debit card platform. It also launched 27 courier service vehicles to enable NIPOST and its partner, Speedaf Express, to compete favorably in the industry. Pantami said it was impossible for an economy to transform without digitalization. […]

NIPOST unveils debit card, branch banking to boost Nigeria’s digital economy

Minister of Communications and Digital Economy, Prof. Isa Pantami unveiled the Nigerian Postal Service (NIPOST) Debit Card, an agency banking platform to deepen financial inclusion and boost the digital economy from Nigeria. This comes as the minister also launched 27 courier service vehicles to enable NIPOST and its partner Speedaf Express to compete favorably in […]

Standard Chartered launches bank branch

Standard Chartered launched its agent banking service as part of its digital banking proposition to customers. Speaking at the signing ceremony in Lagos, Standard Chartered Bank Nigeria Limited’s Head of Personal, Personal and Business Banking Services, David Idoro, said: Our presence in retail banking in Nigeria. “We believe that one of the main means of […]

FairMoney plans savings products and agency banking in 2022

Sunday, December 19, 2021 / 07:00 / Josephine Eriyo for WebTV/Header Image Credit: FairMoney FairMoney, the digital bank driving financial inclusion for the Nigerian mass market, plans to roll out savings products and deepen agency banking in 2022. This was among the critical issues highlighted during a recent briefing to assess activities in 2021 and […]

FairMoney plans savings products, branch banking services in 2022

Sunday, December 19, 2021 / 7:00 a.m. / Josephine Eriyo for WebTV / Header Image credit: FairMoney FairMoney, the digital bank that drives financial inclusion for the Nigerian mass market, plans to roll out savings products and deepen agency banking in 2022. This was among the critical issues highlighted in a recent briefing to assess […]

Inside TeamApt: How a Newcomer Topped the Competition to Dominate Branch Banking

Six years after the launch of TeamApt, a little-known banking software development company, it sparked excitement after Bloomberg announced the startup’s decision to raise $ 150 million at a billion dollar valuation, which would elevate him to the coveted unicorn status. The co-founders of TeamApt had shifted the business from a team of four in […]

Kenyan fintech offers Africa’s first shared agency banking platform

NAIROBI, Kenya, December 8 – Eclectics International, a Kenya-owned fintech company, has been recognized for successfully developing and deploying a proprietary shared agency banking platform in Uganda, the first in Africa. A shared agency banking platform takes an approach that allows multiple financial institutions to share agency banking infrastructure and technology to serve clients. Launched […]

Eclectics International develops the first shared agency banking platform in Africa

Eclectics International, a Kenya-owned fintech company, has developed Africa’s first shared agency banking system offering all banks’ services on a single platform. The shared agency banking platform that is now available in Uganda has been attributed to increased financial inclusion in the country by extending financial services to the under-banked and unbanked population, mainly in […]

Tanzania: CRDB Bank and Posts Corporation relaunch banking agreement with the agency

Dar es Salaam – CRDB Bank Plc and the Tanzania Posts Corporation (TPC) yesterday relaunched their agency banking agreement with the aim of strengthening their joint involvement in the country’s financial inclusion program. The improved deal aims to ensure that more and more Tanzanians are able to obtain CRDB Bank services at TPC offices across […]

CRDB Bank and Posts Corporation Relaunch Agency Banking Agreement

By Rosemary Mirondo Dar es Salaam. CRDB Bank Plc and Tanzania Posts Corporation (TPC) yesterday relaunched their agency banking agreement in a bid to strengthen their joint involvement in the country’s financial inclusion agenda. The improved agreement aims to ensure that more Tanzanians can benefit from the services of CRDB Bank at TPC offices across […]

Fidelity Bank expands its branch network – launches “We Dey Everywhere” campaign

Ghana’s largest private bank, Fidelity Bank Ghana, strengthened its status as the national leader in branch banking with the launch of its “We Dey Everywhere” campaign. The campaign aims to raise awareness of the bank’s vast network of community agents who bring banking services to Ghanaians across the country. The “We Dey Everywhere” campaign aims […]

“We use agency banking to stimulate entrepreneurship and wealth creation” – Ecobank – Nairametrics

Ecobank Nigeria says its vision of using the branch banking program to stimulate entrepreneurship, provide employment opportunities and support micro, small and medium enterprises (MSMEs) is bearing fruit as more than 32,000 Nigerians , including former employees and retirees, have embraced the program to support their daily lives. . According to the bank, in addition […]

We use agency banking to stimulate entrepreneurship and wealth creation

Tuesday June 22, 2021 / 4:30 p.m. / Ecobank / Header image credit: Ecobank Ecobank Nigeria says its vision of using the branch banking program to stimulate entrepreneurship, provide employment opportunities and support micro, small and medium enterprises (MSMEs) is bearing fruit as more than 32,000 Nigerians , including former employees and retirees, have embraced […]

TeamApt reaches N1.4trn transaction in May

One of Nigeria’s leading FinTech companies, Teamapt said it traded 1.4 trillion naira ($ 3.5 billion) out of 68 million transaction volume as of May 2021 on its banking platform. agency. Data from the Shared Agent Network Expansion Facilities (SANEF) monthly report, an initiative of the Central Bank of Nigeria (CBN) to promote branch banking […]

Cooperative Mortgage Bank introduces agency banking system

In pursuit of its commitment to bring banking services closer to the people for greater efficiency and transparency, the management of Cooperative Mortgage Bank (CMB) has introduced a unique banking system, Coop One-Stop. A statement from the head of communications and public relations of the Cooperative Mortgage Bank (CMB), Ms Olufunmilayo Afolabi, said that “the […]

Ecobank: Advantages of being a banking partner in a branch

Ecobank and its Managing Director, Akinwuntan Head of Agency Banking, Ecobank Nigeria, Olanike Kolawole, said there are many rewards and benefits that come with being an agency banking partner, also known as the bank’s Xpress Point agent. . Kolawole, who was speaking on the bank’s presentation of tantalizing freebies to its Xpress Point agents in […]

Managing the insecurity associated with branch banking services

AGENCY Banking – using point of sale terminals, PoS, introduced by the Central Bank of Nigeria, CBN, to facilitate cashless economy policy – has become a source of violent death for our young people. Agency bankers receive and distribute money to customers using the point of sale. They are authorized by commercial banks to enter […]

One-third of fintechs under regulatory review due to agency banking partners

Based on an independent survey of 100 fintechs in the Netherlands, Lithuania, Sweden, Switzerland and the UK, a ClearBank report reveals a host of challenges fintechs face due to their agency’s shortcomings banking. The British Clearing Bank report: “How well are fintechs being served by banks?” The State of Branch Banking in the UK and […]

Kenyan and Ugandan company partners to deploy branch banking platform

A Kenya-based technology company, Software Group, has partnered with BRAC Uganda Bank Ltd to deploy the industry-leading Agency Banking digital platform. According to a press release from the Software Group, the global software company with regional headquarters in Nairobi has been awarded a new contract for its latest branch banking platform with BRAC Uganda Bank […]

LHV Banking Services prepares branch banking services in UK and Europe on a large scale

LHV Banking Services (“LHV” or the “Bank”), the leading provider of payment infrastructures for financial intermediaries and regulated FinTechs, now offers full branch banking services to its clients and to the payments industry within the meaning of large. The Bank has extended its range of products to all financial intermediaries and will therefore enable them […]

Access Bank Rwanda presents branch banking services | New times

Access Bank Rwanda has introduced a new branch banking product called “Ikaze Agency Banking” with the aim of improving proximity to customers and increasing presence across the country. The model allows Access Bank to contract third-party retail networks across the country to serve as banking agents providing financial services on their behalf. Olivier Gakuba, Group […]

How the Banque de Kigali branch office changed access to financial services | New times

Previously, banking services in the country were characterized by regular and sometimes bureaucratic processes and procedures, such as few working hours and formal locations. This has often been blamed for limited financial inclusion and low banking penetration. To reverse the trend and perception as well as to ensure easy access to banking services across the […]

No smooth running yet – Businessamlive

Savior Adugba NIGERIA HAS HAD A LONG DRIVE for financial inclusion, supported by a related pathway to support the development of its digital economy. In this quest, the Central Bank of Nigeria (CBN) and the Ministry of Communications and Digital Economy have created policies to help engender the achievement of national financial inclusion goals. One […]

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