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Banking & Finance

Through biometric scans, candidates authenticity was validated prior to loan disbursement. (Image source: AmisomPublicInformation/Flickr)

Payment solutions provider Ingenico has set up 50,000 terminals across Africa that will serve the unbanked population in the continent

The company is seeking opportunities to expand its presence in Africa. (Image source: Roger/Flickr)

Banking major Barclays Africa Group Ltd., has revealed that it is in talks to buy its parent company’s operations in Egypt and Zimbabwe, expand in Nigeria too

Faster settlement of payments will provide increased liquidity to businesses. (Image source: Erict19/Flickr)

Safaricom and Standard Chartered have launched a new service in Kenya that will allow M-PESA merchants to settle their M-PESA deposits within seconds

Increased mobile penetration and rise in interoperability are among factors leading to increasing mobile banking. (Image source: Erik (HASH) Hersman/Flickr)

A recent report by MarketsandMarkets has affirmed that the mobile money market in Africa will grow to US$14.27bn in the next five years

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