Fintech
Kenya: KCB Bank Introduces Kenya’s First Platinum Multi-Currency Prepaid Card in Partnership with Compass Plus Technologies
KCB Bank Kenya has launched the country’s first platinum multi-currency prepaid card, developed in collaboration with Compass Plus Technologies, marking a significant advancement ...
Africa
Africa: PayAngel Secures Regulatory Milestone to Accelerate African Expansion
PayAngel, a leading remittance and payments provider, has strengthened its growth trajectory by securing an Enhanced Payment Service Provider (PSP) license from the ...
Fintech
Ghana’s President John Mahama Endorses Solana for Africa’s Fintech Growth
At the African Prosperity Dialogues Summit in Accra, Ghanaian President John Dramani Mahama expressed strong support for Solana, highlighting its potential to advance ...
Fintech
Global: ABN Amro-Owned Neobroker BUX Fined €1.6M for Inducement Violations
BUX, the European neobroker owned by ABN Amro, has been fined €1.6 million by Dutch regulators for compensating financial influencers (finfluencers), existing customers, ...
Nigeria
Nigeria: CBN Intervenes with $360M to Stabilize Naira Amid FX Volatility
The Central Bank of Nigeria (CBN) injected $360 million into the foreign exchange (FX) market over five days, curbing pressure on the naira ...
Global
Global: U.S. Senate Votes to Repeal CFPB Oversight of Big Tech Payment Platforms
The U.S. Senate has voted to overturn a Consumer Financial Protection Bureau (CFPB) rule that would have extended regulatory oversight to major Big ...
Regulatory
South Africa to Raise VAT to 16% by 2026 to Strengthen Revenue Generation
South Africa’s Finance Minister, Enoch Godongwana, has announced a phased increase in the country’s value-added tax (VAT), outlining the measure during his 2025 ...
Nigeria
Nigeria: Access Bank’s Africa Trade Conference Paves the Way for Enhanced Intra-African Commerce
Access Bank PLC successfully hosted the inaugural Africa Trade Conference in Cape Town, South Africa, bringing together industry leaders, policymakers, and trade experts ...
Fintech
Visa to Introduce Tokenization and Digital Wallet Features for Fleet Cards
Visa is set to enhance its Fleet card offerings by integrating tokenization and mobile wallet provisioning, enabling issuers and FinTechs to securely embed ...
Innovation
South Africa to Scrap Luxury Tax on Smartphones to Promote Digital Inclusion
In a bid to make smartphones more affordable for low-income households, the South African government has announced plans to eliminate the luxury excise ...