Can Banks Survive Mobile Money Threat?
The Chief Executive Officer of Dream Oval, Mr Derry Dean Dadzie, has said the mobile money operations pose as a threat to banking sector. He said if not checked, the growth of mobile money could...
Tag: Mobile banking
Prudential Bank Launches New Product
Prudential Bank has introduced another innovative e-banking product known as ‘mobiWise’ which seeks to help customers experience a seamless integration of their bank account with the mobile money...
A Surge In Robotic Process Automation In Financial Services
Find out about what keeps most global financial executives awake in the ghost hours of the night, and you wouldn’t be startled when automation is most likely to linger on their notepads. On daily...
Payments East Africa 2016 On 27-28 September, Radisson Blu Hotel, Nairobi, Kenya
Banks and telcoms worldwide are rethinking their current business models and sources of revenue in light of Fintech competitors and revolutionary technology. East Africa is a hub for such innovations...
What The African Banking Market Can (And Should) Learn From Europe
CHALLENGE: According to a 2015 KPMG report, banking penetration is as low as 36% in some of the larger African economies. SOLUTION: Digital Transformation can drive adoption of banking services by...
Mobile Money Float Tops GHC700 Million
The total cash float from the various mobile money platforms to the banks reached GHC703.64million in July this year, representing a 48.3 per cent jump from July last year. Head of Payment Systems...
WestBlue Partners GTBank To Collect IDF Fees
WestBlue Consulting has adopted Guaranty Trust Bank’s safe, strong and robust payments and collections channels; the GTPay, GTCollect and Bank *737# to provide payments for Import Declaration Forms...
A Gift To The Banking Industry
Much has been said about the role of mobile money in an economy such as Ghana's. Since its advent onto the scene some seven years ago, the overriding debate has been whether it poses an existential...
Mobile Money Not A Threat To Banks – BEIGE Boss
The Chief Executive Officer of BEIGE Capital, Mike Nyinaku, says the explosion of mobile money services pose no threat to the future of the banking sector in the country. “Mobile money service is a...