News
South African Major Banks to Boost Loss-Absorbing Capacity from 2026 – Fitch
South Africa’s systemically important banks (D-SIBs) are set to enhance their loss-absorbing capacity starting in 2026 by issuing new loss-absorbing debt (FLAC), according ...
Fintech
UK Government Moves to Abolish Payment Systems Regulator, Consolidate Oversight Under FCA
UK Prime Minister Keir Starmer has announced plans to dissolve the Payment Systems Regulator (PSR) as part of a broader initiative to streamline ...
Nigeria
Nigerian Lawmakers Urge CBN to Halt ATM Charge Hike Over Economic Concerns
The House of Representatives has called on the Central Bank of Nigeria (CBN) to suspend the recent increase in Automated Teller Machine (ATM) ...
Global
FCA Seeks Regulatory Clarity to Boost AI Adoption in UK Banking Sector
The UK’s Financial Conduct Authority (FCA) is set to host a roundtable discussion with banking industry leaders to address concerns that stringent compliance ...
Global
HSBC Backs $51M Series B Funding for Immigrant-Focused Neobank Zolve
Zolve, a neobank designed to support immigrants in the U.S., is gearing up for international expansion after securing $51 million in a Series ...
Innovation
Bridging Innovation and Regulation: Imperative for Adaptive Financial Policies
The rapid evolution of financial technology has brought remarkable efficiencies, but recent developments have underscored the urgent need for regulatory frameworks that keep ...
Global
Global: Blackstone Secures SEC Approval for New Private Credit Investment Fund
Blackstone Credit and Insurance has received approval from the U.S. Securities and Exchange Commission (SEC) for its latest private credit investment solution. The ...
Global
Australia and Brazil’s Unified Vision for the Future of Digital Checkout
As global digital economies accelerate payment innovation, the checkout experience is undergoing a major transformation. Enhanced security measures and seamless customer interactions are ...
Fintech
Nigeria: Zone Surpasses ₦1 Trillion in Blockchain Transactions, Expands Into POS Payments
Zone, a leading Nigerian payments infrastructure provider, has processed over ₦1 trillion in blockchain-powered transactions between November 2022 and December 2024. CEO Obi ...
Fintech
Sweden’s Riksbank Develops Offline Payment Solutions for War Contingency Planning
Sweden’s central bank, Riksbank, is advancing efforts to enhance offline card payment capabilities as part of its strategy to strengthen payment resilience amid ...