Industry experts at the 10th edition of the Information Communications and Telecommunication Exhibition (ICTEL Expo) have stressed the need to find a balance between fostering innovation and implementing effective regulations within Nigeria’s fintech sector. The event, organized by the Lagos Chamber of Commerce and Industry (LCCI) under the theme “New […]
FINTECH
At the recent Nigeria Fintech Forum, PalmPay, a prominent fintech platform focused on Africa, emphasized the need for enhanced collaboration and innovation between banks and fintech companies to improve financial inclusion, particularly at the last mile. Chibuzor Melah, PalmPay’s Head of Partnerships, delivered this message during a panel discussion titled […]
Eli Hini, CEO of MTN’s MoMo Payment Service Bank (PSB), and Elsa Muzzolini, Chief Commercial Officer, have both exited the company. Muzzolini officially joined M-PESA Ethiopia, Safaricom’s mobile money arm, as CEO on July 15, following her resignation from MoMo PSB on July 12, which she communicated to employees in […]
PalmPay is at the forefront of a major and positive transformation in the financial industry. Being a well-known fintech pioneer, PalmPay is a force to be reckoned with in agent banking and commercial banking solutions. With more than 1.1 million Agents and Merchants in its strong network, PalmPay is dedicated […]
Nigeria’s digital payment service bank, 9 Payment Service Bank (9PSB), has reiterated that the country’s changing payment ecosystems and the rise in cooperation between financial industry participants and stakeholders are key elements supporting the country’s payment system’s future expansion. 9PSB is dedicated to financial inclusion. The bank’s managing director and […]
Leading fintech platform PalmPay with an emphasis on Africa has been listed among the distinguished list of the “Top 250 Fintech Companies in the World” for 2024 by Statista and CNBC. This acknowledgment highlights PalmPay’s noteworthy advancements in financial inclusion as well as its quick expansion. The CNBC/Statista list recognises […]
It gives us great pleasure to say that buying gift cards in Nigeria has never been simpler or more satisfying. You can now easily resolve issues with a few taps on your phone. Exclusive Offer Alert Whether you’re treating yourself or surprising a friend, simply log in to the PalmPay […]
Micro, Small, and Medium-sized Enterprises (MSMEs) have proven to be remarkably resilient and adaptable in promoting cross-border economic growth and development, even in the face of economic downturns and global crises. Africa’s fastest-growing financial institution, according to the Financial Times, Moniepoint MFB, has reaffirmed its commitment to offering MSMEs unparalleled […]
From the 2023 NIBSS Annual Fraud Landscape report, incidents of fraud in Nigeria have seen a staggering increase, particularly in internet banking. The report noted a 325% rise in fraud losses through internet banking from 2022 to 2023. Mobile, web, and point-of-sale (POS) platforms emerged as the most targeted channels […]
As Nigeria’s digital banking industry continues to expand, the PalmPay app has emerged as a leading platform for individuals seeking to generate additional income. With a robust user base exceeding 30 million and a network of 1.1 million businesses, including 600,000 merchants and 500,000 agents, PalmPay offers unparalleled opportunities in […]