Author: Amadjiguéne Ndoye

Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.

MTN displays its banking ambitions

Telecoms

MTN, the largest mobile operator in Africa, aims to become the largest bank in Africa. The ambitious commercial strategy was announced this January 20 by MTN CEO Rob Shuter. “We intend to build on the strength of the brand and build on the strength of distribution, as we have built an extensive informal distribution network for prepaid airtime to bring customers into a transactional banking system. We are a provider of new age transactional banking services and it is a very big imperative for us. Said the boss of the world-famous group. For MTN, the goal is to become the…

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UBA launches Chat Banking via Facebook

Banks & Insurance

Nigerian bank United Bank for Africa (UBA) brings a touch of innovation to the face of e-banking with the introduction of Leo, the UBA Chat Banker that allows customers to use their social media accounts to perform key banking transactions. The new service will allow customers to open new accounts, receive instant transaction notifications, check their balances on the go, transfer funds and recharge their accounts. They will also be able to confirm checks, pay bills for loans, freeze accounts, request mini statements, among other things. For UBA Group Managing Director, Kennedy Uzoka “The formulation of this product is consistent…

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