How FinTech is Transforming the Overseas Fund Transfer Industry
The 2016 Global FinTech Report released by PricewaterhouseCoopers suggests that around 90% of all banks are worried that they will ...
Tag: banking
The CBN And Other Well-Meaning Industries Will Invent New Strategies To Tackle Internet Fraud In Nigeria
Internet fraud in Nigeria has skyrocketed since 2000 when it became extremely easy for anyone to have internet access. Although ...
Nigeria’s Central Bank Warms Up to Cryptocurrencies, Signals Fundamental Shift
Nigeria's central bank is undergoing a significant shift in its stance towards cryptocurrencies. The bank is reportedly not only researching ...
The Use Of Java In The Banking Sector
Literally speaking, nothing can function without computer programs in today's world. Everything has been digitized, the smallest unit being your ...
Skye Bank Enhances E-Payment Services with Omni-Channel Banking Solution Launch
The dawn of the cashless policy ushered in by the Central Bank of Nigeria (CBN) in 2012 was a pivotal ...
Visa Partners With Top Nigerian Banks to Revolutionize Retail Sector with Mobile Payments
Great news for small and medium-sized merchants in Nigeria, as Visa has innovatively introduced a cost-effective method for merchants to ...
IBM Unleashes Powerful Mainframe “IBM Z” to Revolutionize Financial Cybersecurity
IBM, the renowned tech giant, has unveiled the latest advancement in their mainframe computer lineage: the IBM Z. This digital ...
North Korea Potentially Behind Significant Bank Heist Impacting African Countries, Including Nigeria and Kenya
North Korea, presently reeling under the weight of severe international sanctions and with the possibility of more on the horizon, ...
Exploitative Loan Collateral: Chinese Women’s Private Photos Leaked Online
Explicit content featuring over 160 Chinese women, originally provided as collateral for financial loans, surfaced online in a disconcerting data ...
Guaranty Trust Bank Unveils Innovative 737 Mobile Money Transfer Service
In a notable development over the weekend, Guaranty Trust Bank (GTB) heralded a new era of banking convenience by unveiling ...