Financial & Tech

Diamond Trust Bank (DTB) has announced that it is closing 6 of its branches in a post-merger exercise to consolidate its operations. In a public notice, the bank said that the Central Bank of Kenya has approved an application by DTB Kenya to consolidate its branches in certain locations within the country. “The DTB branch […]

Interswitch Group has launched Quickteller Business to facilitate payments and manage transactions from anywhere in the world. The new service is a comprehensive corporate solution focused on empowering businesses of all sizes through a simple integrated platform. Quickteller Business will broaden payment management capabilities to businesses and merchants of all sizes. It will also allow […]

Mastercard has partnered with MTN to enable millions of consumers in 16 countries across Africa to make global e-commerce payments safely and securely. Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets, consumers and merchants can engage with brands and businesses abroad through digital commerce, extending their reach to an international […]

Ukheshe, South African fintech startup has introduced a new Bank Identification Number (BIN) deal with Kenya-based lender KCB Bank Kenya. The new deal will see KCB sponsor Ukheshe’s Bank Identification Number (BIN) number, which will allow the startup to immediately issue both physical and virtual cards across East Africa where KCB has an extensive footprint. […]