United Bank for Africa (UBA) Plc has launched a web based banking platform, U-Direct Corporate. It’s a cash management and transaction services platform designed to help small and large firms maximise their payments, collections and liquidity position. The bank explained that the product, operational in UBA Nigeria and across the […]
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Sterling Bank introduces social money scheme
Sterling Bank Plc says it has partnered Bincom, an Information and Communication Technology firm, to introduce Social Lender scheme. Social Lender, according to the bank, is a modified peer-to-peer lending solution which uses social media platforms to offer micro-credit to members of the platforms. The scheme provides a platform for […]
BSI Rates CBN Highest in Global Information Security Standard
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The British Standards Institute (BSI), Wednesday rated the central bank of Nigeria (CBN) highest in maintaining global information security standard. A statement from the CBN said Vikas Mulkutkar, surveillance auditor of the BSI disclosed this during the closing ceremony of the ISO 27001 surveillance audit […]

