Payworks teams up with fellow paytech in Ghana, Hubtel

Payworks is working with Ghana’s Hubtel to enable merchants in the African nation to accept payments via their Hubtel POS app and EMV credit card reader, reports David Penn at Finovate. The two companies have been collaborating since the beginning of the year, integrating Payworks Pulse payment gateway technology to make Hubtel the first fully […]

Ghana’s Premium Bank opts for NetGuardians’ anti-fraud solution

Ghana-based Premium Bank has selected NetGuardians’ anti-fraud solution FraudGuardian. FraudGuardian uses a “patented big data model to correlate and analyse human behaviours across the entire bank system including eBanking, service channels, IT systems and financial transactions”. The firm says it can help banks prevent fraud in a proactive manner. FraudGuardian will integrate with the Temenos […]

ICSFS gains new core banking client in Ghana, BOND Savings and Loans

BOND Savings and Loans, a Ghana-based financial services company, has selected new core banking software provider and system as it is aiming to become a fully-fledged bank in 2017. ICS Financial Systems (ICSFS) has won the contract to supply its flagship ICS Banks system to BOND.

Beige Capital in Temenos T24 core banking revamp

Ghana-based Beige Capital Savings and Loans (BCSL) is in the final stages of rolling out Temenos’ T24 core banking system. The T24 project formally kicked off in February this year, after the November 2015 launch of BCSL’s new technology centre in Accra. During that same period consultants from Temenos and London-based systems integrator Jethro were […]

New T24 core banking software client for Temenos in Ghana

Ghana-based banking start-up, Sovereign Bank, has implemented Temenos’ T24 core banking system. The project was delivered by a local integrator and Temenos’ regional partner, Global Solutions. Sovereign Bank was among the three entities granted banking licences last year. The other two are Heritage Bank and Union Savings and Loans. Sovereign Bank is a universal bank offering […]

Unibank revamps core banking with Temenos

Ghana-based Unibank has completed a major upgrade from Temenos’ T24 R8 core banking system to R15. The bank is the first in Africa to be up and running with this version of Temenos’ flagship product, Banking Technology understands. Unibank is a mid-sized universal bank in Ghana, with assets of around $430 million. The project was […]

Payments revolution? Forget Apple – watch Africa

As the global payments industry transforms itself to take advantage of new technologies, some services offer the prospect of real change, but others are simply hype. Telling the difference will be the key to success in the next five years …

West African integration initiatives drive rapid changes in capital markets

West Africa’s capital markets are changing fast as regional integration and local stock exchange initiatives combineto transform its infrastructure. Increasing adoption of FIX and a promising demographic profile help too, according to speakers at the FIX Trading Community conference in London this week.

Ghanaian institutions modernise to capitalise on economic boom

Ghana. The word means ‘warrior king’, but it also describes a booming country of 24 million people living on the coast of West Africa. It is here that three African financial institutions – City Investments Company, NDK Financial Services and The Royal Bank – are turning to new technology to realise their plans.