Mahmood Ahmadu is the chairman of Innovate 1 Pay, a Nigerian financial technology (fintech) company established in 2012, providing online payment solutions for retail and wholesale mobile remittances, mobile money and currency card payments. The largest domestic service provider of this nature in its home country, the company has since spread its operations to 24 different nations. (more…)
This year, inclusion and diversity in the workplace has moved higher up on the agenda in the wake of the unjust murders and abuse of many Black and Brown people across the world. Women are also facing a significant amount of hardship this year. Women under the age of 35 are facing a rise in domestic and financial abuse during COVID-19 lockdowns, according to recent research by the Co-operative Bank and Refuge. (more…)
According to a recent study from market research firm Global Market Insights, the digital banking market is set to grow from its current market value of more than $8 trillion to over $12 trillion by 2026, gaining remarkable traction over the 2020 to 2026 period. (more…)
The acceleration to digital banking has set the stage for an evolution of the physical bank branch. At the same time, the economic repercussions of the coronavirus pandemic are pressuring banks to improve efficiency and reduce costs while also seeking ways to better engage with consumers through self-service channels. Adaptable digital devices such as ATMs offer banks a forward-looking opportunity to evolve their physical bank branches in service of these crucial objectives. Amidst all this global change, what exactly can we expect the future of the branch to look like? (more…)
As remote operations and contactless procedures are becoming the new normal, the Fintech sector has been experiencing a rising hunger towards moving to a 100% digital implementation of nearly all financial products and services. It has also accelerated the demand for must-have innovations and technologies that provide seamless and personalised banking experiences to its customers, as well as guarantee a near-flawless execution in managing fraud activities.
