ATM
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Business News
Digital retail payments on the decline—rbm
Malawians are not embracing digital retail payments compared to other low-income countries in sub-Saharan Africa, figures from the Reserve Bank…
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Front Page
NBS system collapses
Panic and frustration gripped customers of NBS Bank, one of the country’s four listed commercial banks, from Monday morning…
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Business News
Nat Switch ATM withdrawals soar in May
Automated Teller Machine (ATM) cash withdrawals through the National Switch (Nat Switch) service increased in May, with records indicating 21…
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Business News
Malawi ATM withdraws rise in April
Auto teller machine (ATM) cash withdraws made a significant increase in April with records indicating that a total of 9…
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Business News
Standard Bank upgrading ATMs
Standard Bank Malawi will upgrade its automated teller machine (ATM) platform on Saturday and Sunday to “deliver excellent and consistent…
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Business News
Commercial bank presence triples
Commercial bank branches, as measured by geographical presence and in relation to population tripled in the last two years consequently…
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Business News
National Switch undergoing testing
The National Switch (Nat Switch), a shared switch platform to connect all the country’s commercial banks, is at the implementation…
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Business News
ATM downtime frustrating payment systems—RBM
Reserve Bank of Malawi (RBM) has said it will continue monitoring commercial banks on automated teller machines (ATM) downtime, a…
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Business News
FDH group on a growth path—Mpinganjira
FDH Financial Holdings Limited is well positioned for further growth and expects the group’s fortunes to turnaround, particularly its flagship…
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Business News
Nat Switch to improve money transactions—govt
The Ministry of Finance has added its weight on the establishment of the National Switch (Nat Switch), a shared switch…
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