The future of banking
The meaning given to the word “bank” is undergoing a revolutionary change. The traditional “blue chip” banks are facing massive threat from the influx of what newness has to offer to the banking industry and human experience at large.
Strengthening Fintechs through open collaboration
In a highly innovative financial services sector, the cooperation between perceived competitors will continue to be a huge driver of profitability, efficiency and sustainability.
ALAT celebrates young women In technology, launches Tech Chicks platform
ALAT by Wema, Nigeria's only fully digital bank has launched Tech Chicks, a platform dedicated to the promotion of young women blazing a trail in Nigerian technology. Selected from nominations crowd-sourced on social media, the founding class of Tech Chicks includes software developers, tech founders, a cyber-security expert and a dentist. This year's selection process…
Bank expands operations to eastern region
Wema Bank, the pioneer of Nigeria’s first fully digital bank ALAT, has opened a new branch in Aba, Abia State, in line with its strategic expansion plan following a national licence granted the bank by the Central Bank of Nigeria in 2015.
Wema ALAT launches quick loans, virtual dollar card
ALAT, Nigeria’s only fully digital bank, has released two exciting new features: quick short-term loans, and a virtual dollar card for paying online internationally. ALAT Loans are accessible to all ALAT customers through the bank’s Android and iOS apps. The ALAT Virtual Dollar Card is a non-physical, dollar-denominated debit card designed for online payments. Like…
ALAT Wema launches quick loans and virtual dollar card
ALAT, a WEMA bank fully digital bank, has released two new features: quick short-term loans and a virtual dollar card.While the ALAT loans are accessible to all ALAT customers through the bank’s Android and iOS apps, the Virtual Dollar Card is a non-physical dollar-denominated debit card designed for online payments internationally.
What is the future of banking?
Most people, especially Nigerians must have thought the future of banking arrived with the invention of the bank card and the ATM.