News

September 10, 2018
Why Cloud Computing is Gaining Increasing Importance?
With increasing amount of data coming into and flowing out of a company, data analysis, protection and storage has become a hectic job. Organizations are looking for ways to manage this effectively. Cloud technology plays a vital role in data analyzing and storage process. Furthermore, the emergence of big d...
September 4, 2018
Data Analytics and Processing: The 360° Coverage by SAS
  Data is the new oil for the businesses across the globe. Data management process is a continuously evolving one. Latest technologies come along every day to simplify this hectic job order and solve business problems with a strategic advantage. As big data, IoT and cloud technologies blend in with conv...
July 5, 2018
Nigerian Bank Inaugurates Keyboards Payment Solution
Fidelity Bank Plc has inaugurated an innovative solution, tagged “Flashkey”, designed primarily to allow customers send money and pay bills using their phone keyboards without recourse to online banking platform. The bank said that Flashkey, a ground-breaking initiative was designed to enable customers a...
May 25, 2018
Union Bank launches robotics technology to automate banking processes
At a media launch, Union Bank of Nigeria announced its Robotics Process Automation (RPA)  technology. RPA is a robotics system that uses software to automate consistently routine financial and banking operations. According to Union Bank’s CEO Emeka Emuwa, RPA will make these processes faster and more effi...
May 7, 2018
Exclusive Interview: Benedict Anyalenkeya, CIO, Accion Microfinance Bank
What are the key digital elements that you think will enable microfinance banks to migrate their customers from cash to cashless? Response: the key digital elements in my opinion include; a)A tool that will give the customers access to their funds without going to bank branches. This is where mobile phone an...
August 21, 2017
3 Key Fintech Trends in Africa
Fintech is slowly but surely making waves in Africa, turning the banking and finance industry on its head. Here are 3 of the key trends set to influence fintech in the continent in 2017. Financial Inclusion Almost 80 per cent of adults in Africa are unbanked, meaning they don’t have access to banking servi...
August 9, 2017
4 Questions about Banking Chatbots Answered
What are chatbots? A chatbot, or chat robot, is a computer program that uses artificial intelligence and machine learning to provide human-like interaction and perform simple tasks. Chatbots offer organisations a quick, efficient and cost-effective method of communicating with customers. Eliza, a natural lan...
July 13, 2017
Everything You Need to Know About Bitcoin in 11 Essential Points
Bitcoin is a kind of cryptocurrency or digital currency that uses distributed ledger technology (blockchain). The currency follows its own internal logic, and enables quick payments without the need for a traditional intermediary. Bitcoin first appeared in 2009 and was created by a programmer or group named ...
May 16, 2017
Ecobank hinges easy banking on digital channels
Ecobank Nigeria has said that fast, accessible and better transaction incentives to the users can only come from evolving digital channels, which it is determined to champion Restating the importance of the platform, the bank also said it has invested in state of the art mobile application that makes banking...