Sharing infrastructure to save on operation costs is a sensible idea, an example is what banks did with Pesapoint ATMS. It makes bank increase revenue from non-competitive payment infrastructures like ATMS and Pont of Sale terminals. Paynet, an independent financial services provider that processes withdrawals …
The Standard Bank Group which operates as CfC Stanbic Bank in Kenya plans on replicating the Kenyan success of the CfC Stanbic Bank bulk mobile payments solution in its Tanzanian and Ugandan markets. The Bank’s mobile payments solution has been able to address a number of …
CfC Stanbic Bank was voted Best Mobile Solution provider for its bulk payments innovation that has leveraged off the penetration of the mobile telephone services to widen financial access in Kenya. CfC Stanbic Bank has been voted the best Mobile Solution Provider in this year’s …
CfC Stanbic Financial Services has doubled its paid up capital to Sh250 million in a move that places it amongst the highest capitalized investment banks operating in the Kenyan capital market. Shareholders of CfC Stanbic Financial Services injected Sh125 million in paid capital in December …
CfC Stanbic Financial Services has launched the Kenyan capital market’s first real-time online share trading platform in a move expected to raise the local and global profile of shares trading at the Nairobi Stock Exchange (NSE). Local and foreign investors will now be able to …