Fintech
Egypt’s Fintech Boom: A 5.5-Fold Growth Driving Financial Inclusion and Digital Transformation
Egypt’s financial technology sector is experiencing unprecedented expansion, creating a dynamic ecosystem that now comprises over 177 fintech startups and Payment Service Providers ...
Fintech
Airtel Africa and Mastercard Introduce Virtual Payment Card to Expand Global Transactions
Airtel Africa has joined forces with Mastercard to launch the “Airtel Money GlobalPay Card”, a virtual payment solution designed to enhance digital transactions ...
Global
British Banks Borrow $12.7 Billion from Bank of England Amid Liquidity Shift
British lenders have tapped into the Bank of England’s (BoE) Indexed Long-Term Repo (ILTR) facility at unprecedented levels since the pandemic, borrowing more ...
Global
Namibia’s Telecom Sector Surpasses $43M in Data Revenue Amid Digital Expansion
Namibia’s telecommunications industry has reached a significant milestone, generating over N$800 million ($43 million) in data revenue. This growth reflects the country’s alignment ...
Global
Lloyds Banking Group Opens Applications for ‘Launch Innovation’ Programme
Lloyds Banking Group has announced the opening of applications for its 2024 ‘Launch Innovation’ programme, aimed at discovering new business partnerships and fostering ...
Fintech
Bank of Israel Reveals Potential Digital Shekel Design for Public Consultation
The Bank of Israel has unveiled a high-level design for a potential digital shekel (DS) and is inviting public feedback on its proposed ...
Fintech
Namibia Evaluates CBDC for Cross-Border Payments and Financial Inclusion
Namibia is actively exploring the potential introduction of a central bank digital currency (CBDC) to enhance cross-border payments and expand financial inclusion. The ...
Fintech
Global: Mastercard Expands Middle East Presence Through Strategic Partnerships
Mastercard is strengthening its foothold in the Middle East through strategic collaborations with Emirates NBD, a leading financial institution in the MENAT (Middle ...
Fintech
Global: Visa Reports Surge in Tap to Phone Adoption
Visa’s Tap to Phone technology, which transforms smartphones into contactless payment terminals, has recorded a significant 200% increase in global usage over the ...
Global
US Tax Reforms Could Reduce FDI in Nigeria – NESG
The Nigerian Economic Summit Group (NESG) has raised concerns that recent tax reforms introduced by the United States could negatively impact foreign direct ...