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Lagos, Nigeria: Analysis of pattern of most ATM
fraud in Nigeria has shown that the criminals target cash machines that have
no camera installed into it to monitor transactions. This concealed camera
is specially designed for high level security or concealed monitoring
applications such as bank, ATM machine, airport, museum, detective, spy and
home security...
Johannesburg Africa: Fiserv (NASDAQ: FISV), the
leading global provider of financial services technology solutions, today
announced that FirstRand Banking Group, one of South Africa's largest
financial institutions, has selected the Fiserv KRM solution... | |
Cairo, Egypt: In its continuous efforts to enhance
international relations on the regional as well as the global fronts, EGX
signed a Memorandum of Understanding with Shenzhen Stock Exchange, China... | |
Middle East and African mobile telecommunications
provider Zain is partnering with Western Union to offer customers of its Zap
m- Banking service the option of receiving cross-border money transfers to
their handsets... |
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FEATURES, PEOPLE AND BRANDS
As the era of brick and mortar banking services in Nigeria increasingly
rescind into oblivion with the introduction of self-service solutions like
Automated Teller Machines (ATMs), e-kiosks, telephone, internet and mobile
banking, every discerning Nigerian bank desires a solution that would not
only enhance current business operations but also offer cost-effective and
improved customer service delivery... | |
In banking, regulation is of utmost importance. In most
cases when banks collapse, it is a regulation issue. Regulation issue in
the sense that there must have been some unheeded warning signals...
As recent high-profile cases have shown, security at
ATMs isn’t necessarily something you can bank on. However, modern
technology and crime prevention best practices are currently helping to
give fraudsters a run for their money...
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As telcos, banks and independent financial providers
get ready to launch Mobile Money Transfer and Mobile Payment in Africa
with over 300 million subscribers under an addressable market of 888
million people, many and varied technologies will suffice...
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This weekend I was in my village home a thousand of
kilometres away from bustling Lagos, Nigeria's economic capital. I needed
to confirm my flights back to Lagos for the weekend. Unfortunately, I did
not have the airline numbers neither did I have my laptop with me. Even if
I did, there was no electricity to power it... |
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