Global
FCA Reports Over 220% Increase in Enquiries Relating to Crypto Scams
The UK’s Financial Conduct Authority has released data that shows inquiries relating to crypto scams have increased by 222% in less than a ...
Intelligence
Kenya: China Claims 70 Per Cent of Kenya’s Debt, Says CBK
A new analysis of the composition of Kenya’s bilateral lenders by Central Bank of Kenya (CBK) shows that China controlled less than one ...
Africa
Africa: Kaspersky Records Over 2 Million Phishing Attacks in South Africa, Kenya, Nigeria in Six Months
Phishing attacks across the continent have baited unsuspecting victims into handing over bank information, ID numbers, and more. There was a reduction in ...
Egypt
EGYPT: ELECTRONIC BANKING TRANSACTIONS HIT 1 BILLION,WORTH OVER EGP 2.8TRN IN FY 2020/21 – CBE
The Egyptian banking system implemented about one billion electronic transactions, with a value exceeding EGP 2.8trn, during fiscal year (FY) 2020/21, compared to ...
Intelligence
Diaspora Remittances into Nigeria fall by 24% in Q1 2021
Nigeria attracted $4.2 billion in foreign remittances in the first quarter of 2021 as the country continues to grapple with foreign currency challenges. ...
Global
28% of UK consumers have ‘no idea’ what Open Banking
New research by ECOMMPAY has found that only 14% of consumers ‘completely understand’ Open Banking, with even fewer businesses grasping how it could help them ...
Intelligence
Kenya: Banking Sector Accounts for 27% of Corporate Taxes
The banking sector contributed 27 percent of all corporate taxes paid in Kenya in 2019 and 2020, a survey by Pricewaterhouse Coopers (PwC) ...
Global
US: The value of instant payments to exceed by 470% by 2026 – Juniper Research
Juniper Research data has shown that the value of instant payments will exceed USD 27.7 trillion in 2026, representing a 470% increase from the ...
Global
Most Europeans want their governments to regulate cryptocurrency
A poll for Euronews has found that a majority of Europeans want their own governments to regulate cryptocurrency while a growing number would also support ...
Intelligence
Nigeria: Private sector records 5.78% decline in August PMI – Report
Nigeria’s private sector, according to a survey conducted by Stanbic IBTC Bank, recorded a decline of 5.78 per cent in Purchasing Manufacturing Index ...
