Ecobank

Prismecs Taps Adama Gaye as VP of Strategic Growth

Retrieved on: 
Thursday, March 7, 2024

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Today Prismecs , the leader in turnkey energy and industrial services solutions, announced the addition of Adama Gaye as the new Vice President of Strategic Growth.

Key Points: 
  • HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Today Prismecs , the leader in turnkey energy and industrial services solutions, announced the addition of Adama Gaye as the new Vice President of Strategic Growth.
  • His work with Prismecs aims to enable some of the world’s toughest operations with agile and innovative service solutions.
  • “Prismecs is focused on innovation, truly enabling industrial execution in a world that seems to be stuck in never-ending planning,” said Junaid Ali, CEO of Prismecs.
  • “It’s an honor to join Prismecs and be tasked with bringing industrial innovation to areas of the world where we can help transform local economies and promote sustainability,” said Adama Gaye, VP of Strategic Growth at Prismecs.

The Africa Business Leaders Coalition showcases accelerated private sector climate action at the Africa Climate Summit

Retrieved on: 
Tuesday, September 5, 2023

Nairobi, Kenya, Sept. 05, 2023 (GLOBE NEWSWIRE) -- During a plenary session at the Africa Climate Summit today, the Africa Business Leaders Coalition (ABLC) called for the private sector to accelerate climate action to advance Africa's sustainable growth, prosperity and development in line with the Summit’s theme of “Driving Green Growth and Climate Finance Solutions for Africa and the World”.

Key Points: 
  • Nairobi, Kenya, Sept. 05, 2023 (GLOBE NEWSWIRE) -- During a plenary session at the Africa Climate Summit today, the Africa Business Leaders Coalition (ABLC) called for the private sector to accelerate climate action to advance Africa's sustainable growth, prosperity and development in line with the Summit’s theme of “Driving Green Growth and Climate Finance Solutions for Africa and the World”.
  • The Africa Business Leaders Coalition is a pan-African CEO-led initiative emanating from the UN Global Compact Africa Strategy 2021–2023 .
  • It provides a platform for African business leaders to have a unified private sector voice as they actively and meaningfully engage on the continent’s most pressing issues through an organized, forward-looking, principles-based approach.
  • The African Business Leaders’ Climate Statement called for more businesses to fulfill their climate commitments and become resilient to climate change.

BOSS Money Launches Naira Currency Payout Option for Remittances to Nigeria

Retrieved on: 
Tuesday, July 18, 2023

Newark, NJ, July 18, 2023 (GLOBE NEWSWIRE) -- BOSS Money, the money remittance service of IDT Corporation (NYSE: IDT), today announced the introduction of naira currency remittances for its customers sending cash to friends and family through direct deposit payout at commercial banks throughout Nigeria.

Key Points: 
  • Dollars at Nigeria’s Leading Banks
    Newark, NJ, July 18, 2023 (GLOBE NEWSWIRE) -- BOSS Money, the money remittance service of IDT Corporation (NYSE: IDT), today announced the introduction of naira currency remittances for its customers sending cash to friends and family through direct deposit payout at commercial banks throughout Nigeria.
  • “BOSS Money customers sending money for direct deposit in Nigeria can now choose between the naira and U.S. dollar,” said Alfredo O’Hagan, IDT’s SVP for Consumer Payments.
  • “Our naira direct deposit option enables Nigerians to quickly and securely receive and use the money sent by friends and family in the United States.”
    The new naira payout option supplements BOSS Money’s robust U.S. dollar payout network in Nigeria.
  • BOSS Money now offers remittances from the United States to Nigeria and 46 other countries at over 280,000 cash pick-up locations in addition to mobile money and direct deposit services.

OPTASIA COLLABORATES WITH ECOBANK AND MTN FOR NEW MOBILE FINANCIAL SERVICE IN GUINEA

Retrieved on: 
Thursday, January 26, 2023

DUBAI, UAE, Jan. 25, 2023 /PRNewswire/ -- Optasia, a leading fintech services provider, is pleased to announce the launch of a microloan service via MTN Mobile Money (MoMo), with pan-African bank Ecobank in Guinea and its long-standing and strategic distribution network partner MTN.

Key Points: 
  • DUBAI, UAE, Jan. 25, 2023 /PRNewswire/ -- Optasia, a leading fintech services provider, is pleased to announce the launch of a microloan service via MTN Mobile Money (MoMo), with pan-African bank Ecobank in Guinea and its long-standing and strategic distribution network partner MTN.
  • The launch comes as  part of the latter's banktech strategy in Guinea with over 4.25 million subscribers and over 800,000 active mobile money wallet (MoMo) users.
  • "Expanding our offering to the people of Guinea through valued partners, MTN and Ecobank, is a significant step in our growth plan as a company," said Mark Muller, CEO of Optasia.
  • Guinea joins more than 30 countries where Optasia operates, supporting more than 560 million end customers of Mobile Network Operators and financial institutions through our AI-led platform.

OPTASIA COLLABORATES WITH ECOBANK AND MTN FOR NEW MOBILE FINANCIAL SERVICE IN GUINEA

Retrieved on: 
Thursday, January 26, 2023

DUBAI, UAE, Jan. 26, 2023 /PRNewswire/ -- Optasia, a leading fintech services provider, is pleased to announce the launch of a microloan service via MTN Mobile Money (MoMo), with pan-African bank Ecobank in Guinea and its long-standing and strategic distribution network partner MTN.

Key Points: 
  • DUBAI, UAE, Jan. 26, 2023 /PRNewswire/ -- Optasia, a leading fintech services provider, is pleased to announce the launch of a microloan service via MTN Mobile Money (MoMo), with pan-African bank Ecobank in Guinea and its long-standing and strategic distribution network partner MTN.
  • The launch comes as  part of the latter's banktech strategy in Guinea with over 4.25 million subscribers and over 800,000 active mobile money wallet (MoMo) users.
  • "Expanding our offering to the people of Guinea through valued partners, MTN and Ecobank, is a significant step in our growth plan as a company," said Mark Muller, CEO of Optasia.
  • Guinea joins more than 30 countries where Optasia operates, supporting more than 560 million end customers of Mobile Network Operators and financial institutions through our AI-led platform.

Mastercard, KnowBe4, Perfios, Daon and many other tech giants to define the biggest fintech show in Africa

Retrieved on: 
Thursday, June 9, 2022

Nairobi, June 9, 2022 - (ACN Newswire) - The world is now gravitating towards digital financial services and so is Africa with the rampant growth in smartphone adoption and internet penetration.

Key Points: 
  • Nairobi, June 9, 2022 - (ACN Newswire) - The world is now gravitating towards digital financial services and so is Africa with the rampant growth in smartphone adoption and internet penetration.
  • As per several reports, 48% of African banks are transitioning towards becoming digital-first and therefore opening a huge market for financial technology.
  • "Mastercard is proud to be sponsoring the World Financial Innovation Series for the second year in a row.
  • As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.

Banks Across Africa Turn to IBM Hybrid Cloud and AI Solutions to Accelerate Digital Innovation

Retrieved on: 
Wednesday, September 22, 2021

As banks focus their efforts on open innovation, security and high-value services, hybrid cloud solutions have become increasingly important to deliver seamless and secured digital banking experiences.

Key Points: 
  • As banks focus their efforts on open innovation, security and high-value services, hybrid cloud solutions have become increasingly important to deliver seamless and secured digital banking experiences.
  • "As banks across the continent take advantage of the opportunity to provide digital financial services which can boost financial inclusion, IBM is working with Africa's financial groups to deliver intelligent, cloud-based, digital-first innovation through IBM's hybrid cloud and AI capabilities."
  • Earlier this year, IBM announced the general availability of the industry's first financial services-ready cloud platform, IBM Cloud for Financial Services, as well IBM Cloud Satellite.
  • IBM Cloud Satellite brings a secured, unifying layer of cloud services for clients across environments, regardless of where their data resides.

Finastra helps redefine the future of finance to improve millions of lives worldwide

Retrieved on: 
Tuesday, September 22, 2020

Through technology and collaboration, Finastra and its customers are set to positively impact over nine million lives around the world, with key areas of focus including:

Key Points: 
  • Through technology and collaboration, Finastra and its customers are set to positively impact over nine million lives around the world, with key areas of focus including:
    1.
  • The SME funding gap Finastra is piloting a revolutionary microfinance initiative, Trust Machine, in Kenya .
  • FinEqual is a hackathon winning idea that is now under investigation at Finastra, designed to spot potential bias in credit decisions.
  • Serving customers through change Ecobank recently connected 34 African countries with a unified cash management system , powered by Finastra.

Finastra helps redefine the future of finance to improve millions of lives worldwide

Retrieved on: 
Tuesday, September 22, 2020

Through technology and collaboration, Finastra and its customers are set to positively impact over nine million lives around the world, with key areas of focus including:

Key Points: 
  • Through technology and collaboration, Finastra and its customers are set to positively impact over nine million lives around the world, with key areas of focus including:
    1.
  • The SME funding gap Finastra is piloting a revolutionary microfinance initiative, Trust Machine, in Kenya .
  • FinEqual is a hackathon winning idea that is now under investigation at Finastra, designed to spot potential bias in credit decisions.
  • Serving customers through change Ecobank recently connected 34 African countries with a unified cash management system , powered by Finastra.

Finastra helps redefine the future of finance to improve millions of lives worldwide

Retrieved on: 
Tuesday, September 22, 2020

Through technology and collaboration, Finastra and its customers are set to positively impact over nine million lives around the world, with key areas of focus including:

Key Points: 
  • Through technology and collaboration, Finastra and its customers are set to positively impact over nine million lives around the world, with key areas of focus including:
    1.
  • The SME funding gap Finastra is piloting a revolutionary microfinance initiative, Trust Machine, in Kenya .
  • FinEqual is a hackathon winning idea that is now under investigation at Finastra, designed to spot potential bias in credit decisions.
  • Serving customers through change Ecobank recently connected 34 African countries with a unified cash management system , powered by Finastra.