There is no denying that trust plays an important role when it comes to payments transactions. And according to Isaac Kamuta, it’s one of the key advantages regulated traditional banks have over newer, unregulated firms in the financial services sector. “Consumers will only keep their...
Artificial intelligence (AI) is helping increase access to financial services in Africa. In recent years, advances in machine learning, a type of AI, have had a profound effect on the delivery of financial services, helping to democratize access in Africa’s emerging economies. For example, it...
FinTech Optasia, Ecobank and MTN are partnering to launch a mobile money microloan service in Guinea. In a Thursday (Jan. 26) press release, the Dubai-based FinTech announced that the services will be offered to MTN’s subscribers in the country under the Ecobank product name “Prêt...
In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Zooming in on the different subregions shows that the EMEA banking sector remains at different stages of growth and development, despite the acceleration in the digitization of financial services across the...
February 24, 2023
There is no denying that trust plays an important role when it comes to payments transactions. And according to Isaac Kamuta, it’s one of the key advantages regulated traditional banks have over newer, unregulated firms in the financial services sector. “Consumers will only keep their money in a place where they’re sure to find it […]
January 02, 2023
In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Zooming in on the different subregions shows that the EMEA banking sector remains at different stages...
February 22, 2022
In Africa’s ever-changing payments ecosystem, innovation is the norm. In just two decades, major transformations have taken place across the continent — and virtually every few years, a new shift...
January 26, 2023
FinTech Optasia, Ecobank and MTN are partnering to launch a mobile money microloan service in Guinea. In a Thursday (Jan. 26) press release, the Dubai-based FinTech announced that the services will be offered to MTN’s subscribers in the country under the Ecobank product name “Prêt Xpress.” As part of the arrangement, Ecobank will provide the […]
September 12, 2022
African banking group Ecobank has announced that its current CEO Ade Ayeyemi will retire after he turns 60 years old, which is in line with the company policy, a press...
October 21, 2016
The Ecobank Group announced Thursday (Oct. 20) it has signed a memorandum of understanding (MoU) with Mastercard to roll out Masterpass QR, a mobile payment solution, across 33 African countries....
March 22, 2016
Through a new partnership, customers of both Ecobank and Orange will have the ability to top up their Orange Money eWallets through their bank accounts and vice versa. Money can...
