• FirstBank Revolutionizes Banking in Abuja with Launch of Cutting-Edge Automated Branch

    First Bank has made a remarkable advancement in elevating customer service and accelerating digital innovation within the banking industry by unveiling its latest fully automated...

    FirstBank Expands Digital Banking With New Automated Branch In Abuja
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    First Bank has made a remarkable advancement in elevating customer service and accelerating digital innovation within the banking industry by unveiling its latest fully automated branch, the FirstBank Digital Xperience Centre, located in Garki, Abuja. This launch represents a pivotal achievement in the bank’s ongoing commitment to pioneering digital banking solutions. During the inauguration event...
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  • Sterling Bank’s Homegrown Core Banking App Hits 2 Billion Transactions in Its First Year!

    Sterling Bank, a prominent Nigerian tier-2 financial institution with a market value of ₦390.9 billion, has announced that its indigenous core banking system, SEABaaS, successfully...

    Sterling Bank says locally built core banking application processed 2 billion transactions in first year  
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    Sterling Bank, a prominent Nigerian tier-2 financial institution with a market value of ₦390.9 billion, has announced that its indigenous core banking system, SEABaaS, successfully handled two billion transactions over the last year without experiencing any downtime. In 2024, Sterling Bank transitioned from the internationally recognized T24 platform, developed by Geneva-based Temenos AG, to its...
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  • Discover Why Fintech Transactions Outpace Traditional Banks Every Time

    Understanding the Speed of Fintech Transactions Versus Traditional Banks in Nigeria In Nigeria, it’s a common belief that fintech platforms such as OPay and Moniepoint...

    Here is why fintech transactions are faster than traditional banks
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    Understanding the Speed of Fintech Transactions Versus Traditional Banks in Nigeria In Nigeria, it’s a common belief that fintech platforms such as OPay and Moniepoint process transactions much faster than conventional banks. The popular narrative suggests that banks are “slow because they rely on batch processing,” whereas fintechs are “instant due to their use of...
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