Global
Global: IMF Flags Economic Uncertainty in Nigeria Despite Reform Momentum
The International Monetary Fund (IMF) has expressed concern over Nigeria’s economic outlook, highlighting significant macroeconomic uncertainty despite recent progress through fiscal and monetary ...
Africa
Google Launches 2025 AI Accelerator to Empower African Startups Driving Impactful Innovation
Google has officially opened applications for the 2025 edition of the Google for Startups Accelerator Africa Programme, a flagship initiative aimed at empowering ...
Global
Global: FDIC and Federal Reserve Impose Over $1.4B in Penalties on Discover Over Credit Card Misclassification
In a significant regulatory enforcement action, the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board have jointly penalized Discover Financial Services ...
Global
Global: Ireland Launches GDPR Probe into X Over Use of Personal Data for AI Training
The Irish Data Protection Commission (DPC) has launched a formal investigation into X (formerly Twitter) over potential violations of the EU General Data ...
Fintech
Central Banks Launch Tender for Cross-Border Payments Network Operator Under Project Nexus
In a significant step toward transforming global payment systems, five central banks collaborating on Project Nexus—an initiative by the Bank for International Settlements ...
Global
Global: Big Tech Tax Practices Under Scrutiny as “Silicon Six” Accused of Dodging $278 Billion Over a Decade
A new report by the UK-based nonprofit Fair Tax Foundation (FTF) has ignited a global debate on corporate tax compliance and regulatory accountability, ...
Fintech
PayPal and TerraPay Partner to Accelerate Cross-Border Digital Payments Across Middle East and Africa
In a move poised to reshape the cross-border payments ecosystem across the Middle East and Africa (MEA), PayPal has partnered with TerraPay to ...
Fintech
Belvo Secures $15M to Scale Open Finance Infrastructure Across Latin America
In a significant boost to Latin America’s financial innovation ecosystem, Mexico City-based Open Finance API platform Belvo has secured $15 million in funding, ...
Global
Global: Google Leverages AI to Eliminate Half a Billion Scam Ads in 2024
In a major push to strengthen digital trust and meet increasing demands from financial institutions and regulators, Google has harnessed advanced artificial intelligence ...
Global
Digital Divide: SMBs Struggle to Keep Pace with Big Retail’s Unified Commerce Experience
As the digital economy accelerates post-pandemic, small and medium-sized businesses (SMBs) are feeling the pressure to match the seamless, omnichannel shopping experience offered ...
