NMMA Calls for Entries for 2020 Media Awards

Moove, an African mobility fintech, has signed an exclusive...

 The Board Chairman, Leadway Pensure PFA, Nigeria's foremost Pension...

As another school year beckons, Stanbic IBTC Bank PLC,...

    Ms. Kristalina Georgieva, Managing Director of the International Monetary...

As home to a quarter of the world’s Muslims,...

Access Bank has partnered with Visa, the world leader...

Retail banks (including thrifts and credit unions) in the U.S. will spend nearly $16.6 billion on hardware, software, services, and internal IT staff in order to develop and implement digital transformation initiatives in 2015. And this spending on digital transformation will grow at an average CAGR of 10.4% into 2019, according to recent IDC Financial Insights spending models. This compares to an overall IT spend growth of 3.9% for U.S. banks. A new report from IDC Financial Insights, “The Cost of Digital Transformation in US Banking: The Critical Technology Investments in 2015 and Beyond,” outlines how much money is being invested by U.S. banks in digital transformation, where those investments are going, and where IDC Financial Insights believes the growth will be the strongest in digital transformation investment.

Renmoney one of Nigeria’s leading fintech companies, has deployed Freshworks customer engagement...