News
Banks tighten processes amid Wirecard scandal
MANILA, Philippines — Philippine banks are further tightening procedures after two of the country’s lar-gest lenders were dragged into the reported $2.1 billion ...
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Bank credit of conventional banks in Oman increases by 2.2%
The combined balance sheet of conventional banks denotes an annual growth of 2.2 per cent in total outstanding credit as on end-April 2020. ...
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Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults
Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with ...
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Lebanese Central Bank Launches Electronic Platform for Foreign Exchange Transactions
The Central Bank announced on Friday the launch of the electronic platform specifically created to carry out foreign exchange operations. “Money changers must ...
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First commercial biometric payment cards issued in France to be powered by Thales and Fingerprint Cards
BNP Paribas is expected to launch a new biometric bank card this fall in significant numbers, according to Le Parisien, which Fingerprint Cards has announced includes ...
News
Intelsat and Liquid Telecom Agree to Extend Partnership
Intelsat and Liquid Telecom have announced the extension of their partnership agreement. The companies have collaborated since 2016 to bring broadband and other critical ...
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MainOne Celebrates 10 Years of Enabling West Africa’s Digital Revolution
MainOne, West Africa’s leading provider of Wholesale and Enterprise connectivity and data center services celebrates 10 years of delivering innovative, world-class service in ...
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Ecobank Nigeria Extends Zero Charge for Digital Money Transfers
The zero charges for mobile money transfers by Ecobank commenced in March as part of the bank’s corporate action to cushion the rising ...
News
Google appeal dismissed in France, will pay the largest fine in GDPR history
Google isn’t having an easy time of it as data protection is tightening. Recently, the French Supreme Court of Administrative Law rejected Google’s claim that it ...
Global
Global: Moody’s doubles down on SoftBank concerns after public spat
The revision to the outlook represents a doubling-down by Moody’s after it cut SoftBank deeper into junk territory in March – leading to ...