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MoneyGram strengthens African presence through Airtel collaboration
MoneyGram, a global specialist in cross-border P2P payments and money transfers, has detailed a new partnership with Airtel Africa. The deal significantly enhances ...
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Fed’s Powell to begin hard sell for higher inflation
On Thursday, Fed Chair Jerome Powell will undertake a tough task, convincing the public that the central bank can and will deliver in ...
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Apple buys VR startup that lets you have Zoom meetings in virtual space
Apple has purchased Spaces, a virtual-reality startup that lets users have meetings in the digital world. Spaces previously made location-based virtual reality experiences, most ...
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UBS Snags $3 Billion-Asset Team in D.C. from Goldman
UBS Wealth Management USA has hired a Goldman Sachs team in Washington, D.C., that is led by an advisor who previously dallied with ...
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Record Turkey Gold Output Is All Headed for the Central Bank
Turkey is poised to produce a record amount of gold this year and the central bank will probably buy all of it — ...
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Polaris Bank CEO, Abiru, Retires
The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the bank, effective August 31, 2020. ...
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AfCFTA: Zenith Bank CEO Seeks Funding for SMEs, Infrastructure
Group Managing Director and Chief Executive Officer (CEO) of Zenith Bank, Mr. Ebenezer Onyeagwu, has called on African banks to support the funding ...
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UK antitrust regulators give Visa’s fintech acquisition a green light
The United Kingdom Competition and Markets Authority, has given the go-ahead to Visa’s acquisition of fintech startup Plaid following a Phase 1 review. According to ...
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The Bahamas’s central bank put its digital currency on its official balance sheet in April
In a financial statement published in late April, the Central Bank of The Bahamas achieved a little-known milestone — including its brand-new digital ...
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Ping An’s OneConnect fintech arm expects flurry of deals in Southeast Asia as Covid-19 spurs shift to digital banking
OneConnect Financial Technology, a cloud-based fintech platform controlled by Ping An Insurance (Group), expects to see “accelerated growth” in Southeast Asia as the ...