In a bid to equip Small and Medium-sized Enterprises (SMEs) with the tools needed to grow and thrive, the Industry Enhancement Centre (IEC) hosted a three-day seminar dubbed ‘Access to…
By Adons Aryong For the last half of a century, Uganda’s vibrant education system held onto traditional models of school fees collections through direct bank deposits and cash payments at…
I&M Bank Uganda is making significant strides in digital banking with the launch of its Express Go Digital Account, designed to provide affordable and convenient banking solutions for its customers. The unveiling took place on November 7th at the bank’s headquarters located at Kingdom Kampala, introducing a unique account that is accessible exclusively through the I&M On-The-Go app. The Express Go account is tailored for modern banking needs, allowing for free bank-to-wallet transfers—ensuring seamless, and low-cost access to funds. During the launch event, I&M Bank CEO Robin Bairstow emphasized the bank’s commitment to enhancing the banking experience by providing easier,…
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Absa Group has launched a grand plan that will ensure its clients to benefit from enhanced features such as advanced machine learning algorithms, and improved data analytics – technologies that are crucial to delivering faster, more accurate customer service and tailored financial solutions – thereby elevating the standard of digital banking across Africa. Absa Group Chief Information and Technology Officer, Johnson Idesoh said, the bank is strengthening its digital offerings across all segments using advanced analytics to enhance clients’ digital experience “This means that pursuing constant innovation and adopting sustainable technology practices through collaborative partnerships remain key focus areas for…
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As the dust settles on the first 4 months of 2024, dfcu bank is pivoting towards innovation using cutting edge technologies to drive efficient and seamless banking operations for the next 60 years. dfcu hosted a stakeholder engagement with its key clients and partners at Sheraton Hotel last week, with the view of forging continuing partnerships as the bank reflects on the last 60 years since its establishment in 1964 as a financial institution. Mr Charles Mudiwa, the Bank’s chief executive officer who was at the centre of the engagement took to the podium to peak into what the future…
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Not only has he worked for the world’s leaders in digital payments at senior levels, but he has also done so at a scale. Molla is presently the Managing Director & Head of Sub-Saharan Africa for Banking Payments Commerce (BPC)- a region, covering 22 countries in Subsaharan Africa. Banking, Payments and Commerce (BPC) is a Switzerland headquartered global financial technology company that builds payment solutions for Central banks, commercial (neo)banks, issuers, acquirers, PSPs, transport operators and governments in over 100 countries across 5 continents. At BPC, Molla is leading the setting up of a BPC team while at…
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Here are the key 10 things you need to know about this industry-first from Absa. First of all, to enjoy the extreme convenience, you have to be an Absa Bank customer. You must have downloaded and installed the Absa Banking App on your phone.Absa’s cardless ATMs allow users to access their cash without a physical debit card. All a user needs to do is log in to the Absa Banking app on their smartphone. While in the app, the customer selects the ATM QR Cash icon, then scans the QR Code on the ATM. Once the scan is done, the…
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Who is Stone Atwine? A guy who asks “why?” Haha, my friends have described me like this many times. I’ve been around for some time. I’ve worked in financial technology for 9 years in Africa. Some people may know Yetu Credit Finance – a microfinance company in Bugolobi and useremit.com – a p2p remittance platform. I am a co-founder of those 2 businesses. I am a Ugandan entrepreneur living in Paris and Kampala. Tell us about Eversend – what is it about? For Africans and Africans in the diaspora that experience inconvenient and expensive financial services and hidden fees, Eversend…
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