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$3.3 Million in Project Funding to Close Gender Digital Divide
Digital technologies are revolutionizing the way we access information, financing, and networks—all critical tools for fully participating in the global economy. Yet, these technologies, ...
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Bank of Spain to Weigh Digital Currency Design Proposals
Spain’s central bank is fast-tracking research on digital currency ‘s design and the economic implications of central bank digital currency (CBDC) introduction ...
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Nordic Capital acquires RegTech from BearingPoint
Nordic Capital is to acquire BearingPoint’s RegTech business, a regulatory reporting platform used by more than 6000 firms including banks, insurance companies and ...
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UK’s CDC provides $75m funding to Stanbic IBTC
CDC Group, the UK’s development finance institution and impact investor, announced a $75m debt commitment to Stanbic IBTC Bank Plc, a subsidiary of ...
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China’s UnionPay Signs Crypto Card Deal with Korean Cryptocurrency Paycoin
Chinese financial services company, UnionPay, also known as the Chinese version of Visa and Mastercard has signed a deal with Korean payment provider, ...
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Wema Bank, Volopa launch ‘OYA ‘mobile remittance service
Wema Bank has partnered with financial technology company Volopa to announce the launch of a new mobile money transfer service Oya App. The ...
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Reserve Bank partners with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software on Wholesale Central Bank Digital Currency Research Project
The Reserve Bank today announced that it is partnering with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software, a blockchain technology company, ...
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MTN Group Made At Least $160 Million Gain On Its Jumia Investments
The MTN Group has now fully exited its 18.9 percent investment in Jumia Technologies AG (Jumia), realizing a total consideration of approximately R2.3 ...
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Allegro Record IPO a Boon for E-Commerce Investors in Poland
Poland’s biggest publicly-traded private equity company MCI Capital SA is hoping that the country’s recent record initial public offering, for online selling platform ...
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MoneyGram received $9.3 million from Ripple in Q3
Recent financial filings have revealed Ripple sent MoneyGram millions of dollars worth of XRP in Q3 2020. MoneyGram collected $9.3 million in Q3 ...