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FRC to implement new IFRS 17
The Financial Reporting Council of Nigeria is expected to implement International Financial Reporting Standard 17 (IFRS) on or before January 2023. This follows ...
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Japanese payments firm JCB and Mizuho Bank test blockchain-based ID
Major financial institutions in Japan are moving into blockchain to streamline digital identity systems. Japan’s third-largest bank, Mizuho Bank, and local payment giant ...
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Soleadify secures seed funding for database that uses machine learning to track 40M businesses
Usually, databases about companies have to be painstakingly updated by humans. Soleadify is a startup that uses machine learning to create profiles for ...
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IMF Says CBDCs Have Potential, but Don’t Solve Every Issue
Central bank digital currencies (CBDCs) may benefit countries looking to exert greater control over their monetary policy but aren’t a solution for every ...
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Meet Andrew Kabeera, the new Executive Director of PostBank Uganda
Post Bank Uganda has appointed Andrew Kabeera as its new Executive Director, effective July 2020. A seasoned banker, Kabeera brings to Post ...
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Papersoft is participating in the talk “Digital Financial Services in Emerging Markets” for the Digital PayExpo conference
Papersoft will be participating in the talks for the Digital PayExpo 2020 conference, on the 3rd – 4th November, with the topic “Digital ...
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Visa and Standard Chartered partner to promote eCommerce payments in Nigeria
Standard Chartered in collaboration with Visa, has launched a new ‘Safe is Smart’ campaign to promote eCommerce payments in Nigeria. Standard Chartered in ...
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European fintech giant Revolut is close to applying for a bank charter in California
Revolut, the biggest European digital bank with 13 million users, is close to applying for a banking license in the U.S., CNBC has ...
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Germany looks to blockchain to help decentralize their energy economy
The country seeks to innovate with help from a variety of Blockchain companies. The Deutsche Energie-Agentur, also known as DENA — the main ...
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Africa’s Biggest Bank Standard Bank Group Moves to Fend Off Fintech Rivals
Standard Bank Group Ltd., Africa’s largest lender by assets, is planning to scale-up some of its operations on the continent and further digitize ...