Fintech
Nigeria: FIRS Collaborates with Flutterwave to Digitize Tax Collection
The Federal Inland Revenue Service (FIRS) has integrated Flutterwave’s payment technology to modernize tax collection, marking a significant step toward digitizing Nigeria’s tax ...
Global
Global: Fed-Backed Working Group Proposes Scam Information Sharing Network for US Payments Industry
A Federal Reserve-backed working group has proposed the establishment of an independent information exchange framework to serve as a centralized hub for scam ...
Innovation
Nigeria: NIPSS Embraces Digital Transformation with Launch of Paperless E-Classroom Platform
Following the submission of its landmark report on Nigeria’s digital economy to President Bola Ahmed Tinubu, the National Institute for Policy and Strategic ...
Africa
Africa: AUDA-NEPAD to Launch Digital Dashboard for Enhanced Transparency in Africa’s Mega Infrastructure Projects
The African Union Development Agency – NEPAD (AUDA-NEPAD) is set to enhance transparency and accountability in Africa’s infrastructure development through the launch of ...
Fintech
Nigeria: UBA Launches AfriGo Card to Boost Domestic Transactions and Financial Inclusion
United Bank for Africa (UBA) has introduced the AfriGo Card, a domestic card scheme designed to enhance naira-denominated transactions and strengthen financial inclusion ...
Fintech
Nigeria: KPMG Report Advocates Blockchain Adoption in Nigeria as Crypto Transactions Reach $59 Billion
Despite the Central Bank of Nigeria’s (CBN) restrictions on cryptocurrency trading, Nigeria accounted for an estimated $59 billion in virtual currency transactions between ...
Fintech
Global: FTC Shuts Down Click Profit for Deceptive eCommerce Promises
The Federal Trade Commission (FTC) has taken legal action against eCommerce platform Click Profit, accusing the company of misleading consumers with false claims ...
Fintech
Ghana: Mojo Payments Unveils Innovation Hub to Accelerate Ghana’s Fintech Growth
Mojo Payments Limited, a licensed Enhanced Payment Service Provider under the Bank of Ghana (BoG), has launched its Innovation Hub, a strategic initiative ...
Fintech
Nigeria: Sycamore Expands into Wealth Management with SEC Fund Manager License
Nigerian digital lender Sycamore has secured a fund manager license from the Securities and Exchange Commission (SEC), marking a strategic expansion into wealth ...
Global
Global: FCA Seeks Industry Feedback on Removing £100 Contactless Payment Limit
The UK Financial Conduct Authority (FCA) is inviting industry feedback on its proposal to eliminate the current £100 contactless payment limit on card ...