Dr George Elombi, Executive Vice-President, Governance, Legal and Corporate Services and Incoming President, Afreximbank, said: “Artificial Intelligence (AI) is not the future of compliance, it is already shaping the present.
Banking
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BADEA approves USD120m to support Shelter Afrique Development Bank capitalization program
Commenting on the program, the president of BADEA H.E. Abdullah KH ALMUSAIBEEH, “We see this capital program as a strategic milestone in Shelter Afrique Development Bank’s evolution.
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Absa unveils groundbreaking brand TVC exploring AI and the story behind the numbers
The Story Behind the Numbers”, the campaign marks the latest expression of Absa’s #WeSeeYourStory – a powerful new brand campaign that builds on the 2024 launched brand repositioning #YourStoryMatters.
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Deposit Protection Fund urges Ugandans to know ‘their banks’ for safety
Ugandans are encouraged to visit the official Deposit Protection Fund website or consult their banks to confirm coverage status and learn more about how the deposit insurance system works.
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Algeria to host Shelter Afrique Development Bank’s 44th AGM in July
Shelter Afrique Development Bank remains committed to championing solutions that enhance urban resilience, economic empowerment, and inclusive growth.
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Cross Switch bolsters African footprint with strategic partnership with Pesawise, Kenya
The Cross Switch solution is tailored to support businesses of every shape and size, driving financial inclusion while at the same time empowering social impact organisations.
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Markets-focused fintech platform PalmPay unveils new debit card with Verve
PalmPay is redefining what digital banking in emerging markets can look like – personalised, comprehensive, and accessible to everyone.
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Standard Bank and UnionPay strengthen long-standing partnership to drive digital payment in Africa
UnionPay and Standard Bank have a deep-rooted history, commencing as early as 2010, of collaboration, driving financial innovation and expanding digital payment access.
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ATIDI helps strengthen Benin’s fiscal resilience with €507.5 million loan
ATIDI remains at the forefront of de-risking African economies and facilitating transformative financial solutions.
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Cross Switch leadership to Attend Pay360 in London
Cross Switch is focused on delivering scalable and secure payment solutions for businesses operating in high-growth markets.
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KCB Bank and UnionPay collaborate to support e-commerce payments
KCB Bank is poised to expand UnionPay’s online acceptance coverage significantly, catering to the growing demand for digital payments among consumers and businesses.
Posted inBanking / Crime
Acacia Mall: Police foil bank robbery, kill 4 suspects
Kampala metropolitan police have on Monday killed four suspects in a foiled bank robbery.