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Switch offers free money transfer to Nigeria this Christmas
Nigerians living in Canada, United States (US) and the United Kingdom (UK) can now send money home for free this Christmas season, courtesy ...
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PayPal’s Xoom Adds Real-Time Payments For Remittances To India
Paypal’s Xoom, an international money transfer service, has integrated with NPIL’s/NPCI’s Unified Payments Interface (UPI) to offer inter-bank transactions in India, according to ...
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Union Bank Nigeria Plc announces Emeka Okonkwo as incoming CEO as Emuwa resigns
Union Bank Nigeria Plc has announced the retirement of its incumbent CEO and the resumption of an incoming CEO for 2021. The Board ...
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Gojek Increases Stake in PT Bank Jago
Gojek has bought a slice of Jago for about $159.5 million in its biggest investment in financial services to date. According to a ...
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EcoCash to Increase Transaction Charges Next Month
Zimbabwe’s largest mobile money platform will review transaction charges in January. EcoCash says it will adjust transaction charges by up to 20% starting ...
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Visa Proposes Method for Offline Digital Currency Payments
The payments giant has released a paper looking at the benefits of central bank digital currencies—and how they could be used offline. Central ...
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Canada pension investor CDPQ to invest $1 billion in Invenergy
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) said it would invest $1 billion in Invenergy Renewables LLC, the largest ...
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Ant Group removes small banks’ online deposit products from its platform as it toes the line with China’s new fintech rules
Ant Group, China’s dominant online payments service provider, has removed the deposit-taking products of several banks from its financial platform, as it falls in ...
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Afreximbank names seven Nigerian banks as trade finance intermediaries
Seven Nigerian banks have been named Trade Finance Intermediaries of the African Export-Import Bank to enable a smoother delivery of its initiatives and ...
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Zwipe prepares for biometric card volume rollouts with more hiring
Zwipe is preparing for volume rollouts of its biometric technology next year with more recruiting, CEO André Løvestam tells Norwegian publication FinansWatch in a newly published ...