Tag: products services

Economic recovery, digitalization to boost the growth of SB Finance

MANILA – The government’s efforts to digitize financial transactions, as well as the continued recovery of the national economy, make SB Finance officials optimistic about business growth this year. “We have a positive outlook this year to grow our portfolio by at least 40%,” said Joy Supan, chief financial officer of SB Finance, at the […]

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 […]

Digital marketing agency DefDevice has launched a new service, a mobile application for spas

DefDevice is launching a new service, creating mobile apps for spas and other businesses. The agency has years of experience designing mobile apps and helping clients achieve their dreams. Kuala Lumpur, Malaysia – February 20, 2022 — Kuala Lumpur, MY (February 2022) – Malaysia-based digital marketing agency DefDevice Sdn. Bhd. is pleased to announce the […]

What to expect from your agency

Effective location-based SEO (local SEO) can have a substantial impact on your digital marketing success, comparable to any other grassroots marketing. For a business that has a physical location or many premises to optimize, the value of dominating your local online space cannot be overstated. The same can be said for businesses operating and serving […]

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

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 been […]

SEC approves Bank of Commerce IPO and SMC bond offering

MANILA – The Securities and Exchange Commission (SEC) has favorably considered the initial public offering (IPO) of Bank of Commerce and the fixed rate bond offering of San Miguel Corporation (SMC). At its meeting on February 15, the commission en banc decided to make effective the registration statements of Bank of Commerce and SMC covering […]

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 […]

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 […]

Ecobank Nigeria Expands Bank Branches to 35,000

By Modupe Gbadeyanka One lender deepening the Central Bank of Nigeria’s (CBN) financial inclusion campaign is undoubtedly Ecobank Nigeria Limited. Within three months, the financial institution has expanded its bank branches across the country by 5,000, reaching 35,000 places, according to its managing director, Mr. Patrick Akinwuntan. The bank was able to achieve this feat […]

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 […]

Financial inclusion: Shago sees Nigerian economy brighter thanks to agency banking services

… Reward agents at the launch of electronic payment By Prince Osuagwu VSthief Executive Director of a new Nigerian Fintech start-up, Shago Payments limited, Sabastine Enechi predicted that branch-based banking will not only boost financial inclusion, but also narrow the unemployment gap in the country. Enechi, during the recent launch of the bill payment and […]

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