Tag: financial services

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 […]

Digital Agency Mylo Named “Best InsurTech Company” at 2022 FinTech Breakthrough Awards

KANSAS CITY, Mo. – March 17, 2022 – (Newswire.com) Insurtech leader Mylo has been named “Best InsurTech Company” in the sixth annual FinTech Breakthrough Awards program organized by FinTech Breakthrough, an independent market intelligence organization that recognizes the best companies, technologies and products in the global marketplace of FinTechs today. In 2021, Mylo won the […]

Emirates News Agency – Ministry of Economy launches new vision for National Program for Small and Medium Enterprises

DUBAI, 16th March, 2022 (WAM) — The Ministry of Economy has launched a new vision for the National Program for Small and Medium Enterprises (SMEs), aimed at providing entrepreneurs and SME owners in the UAE with several initiatives new and integrated and services. The new set of services is designed to provide domestic companies with […]

ACNB completes the purchase of an insurance agency | Community News

ACNB Corporation, financial holding company for ACNB Bank and ACNB Insurance Services Inc., announced the completion of the acquisition of the business and assets of Hockley & O’Donnell Insurance Agency LLC, Gettysburg, by its wholly owned subsidiary, ACNB Insurance Services Inc., effective Feb. 28, according to a statement from the CANB. “We are delighted that […]

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 […]

Emirates News Agency – Maktoum bin Mohammed meets CEO of HSBC Holdings PLC

Thu 03/10/2022 19:02 DUBAI, 10th March, 2022 (WAM) — His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Governor of Dubai, Deputy Prime Minister and Minister of Finance, today met Noel Quinn, Managing Director of HSBC Holdings PLC. The meeting was held at Sheikh Maktoum’s office at the Dubai International Financial Centre. His […]

Starting a bank branch Yep! Gets $1.5 million for expansion

People no longer need to go to banks to make specific transactions because we now have merchant banks all around us to help us. These banks exist as human-run point-of-sale systems. These individuals are considered human ATMs. Banks and telecom operators, as well as startups such as Chinese-backed unicorn OPay and TeamApt, are major players. […]

Eastern Insurance Group LLC acquires the operating assets of Michals Insurance Agency, Inc.

NATICK, Mass.–(BUSINESS WIRE)–Eastern Insurance Group LLC, a wholly-owned subsidiary of Eastern Bank, today announced that it has acquired the operating assets of Michals Insurance Agency, Inc, a full-service insurance agency located in Watertown, MA . The transaction takes effect on March 1, 2022 and marks the 35th acquisition of an independent insurance agency by Eastern […]

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 […]

Emirates News Agency – SHUAA Capital places $100m SPAC on NASDAQ New York

DUBAI, 2nd March, 2022 (WAM) — SHUAA Capital, the region’s asset management and investment banking platform, today announced the successful initial public offering (IPO) of 10,000,000 units of SHUAA Partners Acquisition Corp I at $10.00 per unit. The $100 million Special Purpose Acquisition Company (SPAC) will be listed on the NASDAQ Global Market (NASDAQ) and […]

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 […]

Backed by Y Combinator, Nigerian agency banking startup CrowdForce raises $3.6m in pre-Series A

[ad_1] CrowdForce will use the capital to expand its team, geographic operations and marketing to increase its agent network. CrowdForce aims to triple its 6,000 active agents this year. The company will distribute more point-of-sale (PoS) terminals to small businesses – gas stations, pharmacies and aggregators/resellers – which act as mobile banking branches. CrowdForce has […]

CrowdForce Secures $3.6M to Expand Agent Banking Network

[ad_1] By Modupe Gbadeyanka In order to deepen financial inclusion in Nigeria, there is an urgent need for all stakeholders in the financial ecosystem, including content creators, to work collectively to develop and implement a digital content strategy for unbanked people in order to move the needle of financial inclusion and ultimately advance the economy, […]

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

[ad_1] 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 […]

Kenyan fintech offers Africa’s first shared agency banking platform

[ad_1] 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. […]

Eclectics International develops the first shared agency banking platform in Africa

[ad_1] 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 […]

Branch banking services create wealth for more Nigerians

[ad_1] High unemployment, economic hardship and the quest for survival are some of the factors now pushing many Nigerians to take advantage of the opportunities created by the Financial Inclusion Initiative led by the Central Bank of Nigeria. The current economic difficulties of many Nigerians have clearly awakened their survival instincts in the face of […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

Nigeria’s TeamApt Secures New Funding to Deepen Branch Banking Services

[ad_1] Nigerian FinTech startup TeamApt, which provides financial services to the underserved mass market in Africa, has announced the completion of its Series B funding round. The undisclosed funding will allow the company to expand its offerings directly to clients and micro-SMEs, giving them access to the financial access lifelines they need to be successful, […]

We use agency banking to stimulate entrepreneurship and wealth creation

[ad_1] 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 […]

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

[ad_1] 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 […]

TeamApt reaches N1.4trn transaction in May

[ad_1] 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 […]

Ecobank: Advantages of being a banking partner in a branch

[ad_1] 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 […]

Kenyan and Ugandan company partners to deploy branch banking platform

[ad_1] 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 […]

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

[ad_1] 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 […]

Access Bank Rwanda presents branch banking services | New times

[ad_1] 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, […]

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

[ad_1] 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 […]

No smooth running yet – Businessamlive

[ad_1] 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. […]

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