NeFF pledges sustained fight against e-fraud in 2016
The Nigeria Electronic Fraud Forum (NeFF) said it will sustain its fight against electronic fraud (e-fraud) in the country in 2016, by increasing collaborations and knowledge sharing among members.
Stanbic IBTC Bank launches interactive teller machine
STANBIC IBTC Bank Plc, has lunched the National Cash Register (NCR), Interactive Teller Machine (ITM), an innovative product that will allow customers perform full banking activities 24 hours of the day.
Firm urges CBN to audit CoT charges in banks
A CALL has been made to the Governor of the Central Bank of Nigeria (CBN), to implement and audit its directive to all banks on reduction of Commission on Turnover (COT), as the charges are currently crippling Small and Medium Enterprises (SMEs).
Transfast offers new customer insight to Nigerian bank partners
Transfast has geared up the world of online remittances in Africa by partnering with major Nigerian banks such as First Bank, Ecobank, and Heritage Bank. It aims to ensure that Nigerian customers are able to easily receive financial assistance when necessary from their friends and families in the diaspora. Transfast’s Global Marketing Director, Jay Vix,…
Skye Bank’s mega status, quest for profitability and sustainability
The month of September marked the end of third quarter operations and a period of trickling statement of accounts, especially the banking industry. For many, the year has been characterized by headwinds and shocks in the operating environment.
UBA’s ‘contactless’ cards to revolutionise payments system
UNITED Bank for Africa (UBA) Plc is set to rave up activities in Nigeria’s payments system landscape with the introduction of contactless payment cards.
‘Agric value chain financing will transform Nigeria’s economy’
STANBIC IBTC has expressed optimism over the efforts by the Federal Government to structurally transform the Nigerian economy, particularly in the agriculture sector, saying it would yield immediate benefit if the development model and value chain financing are adopted for sector.
ABCON faults Travelex’s ‘triple-position’ in forex market
THE Association of Bureau De Change Operators of Nigeria (ABCON) has bared fangs over alleged triple-position taken by Travelex Nigeria in the foreign exchange (forex) market.
Anti-fraud officers hold forum tomorrow
STAKEHOLDERS in anti-fraud functions in various banks will be hosted tomorrow by Access Bank Plc, with the theme: “Fraud Management– The Need for a Harmonised Approach.”