The European Payment Alliance (EuroPA) has initiated a major shift towards instant cross-border payments by integrating mobile transfer schemes such ...
The National Pension Commission (PenCom) has introduced a digital pension remittance platform designed to automate the process of pension contribution remittances and address ...
The Federal Deposit Insurance Corporation (FDIC) has announced a significant shift in its regulatory approach, allowing FDIC-supervised institutions to engage in cryptocurrency-related activities ...
Kenya’s financial landscape is facing mounting external risks following the cancellation of its ninth and final review under the current Extended Fund Facility ...
Online cash advance provider Cleo AI has reached a $17 million settlement with the Federal Trade Commission (FTC) following allegations that the company ...
The House of Representatives has reaffirmed that the Financial Reporting Council (FRC) Act, 2023 remains legally binding and operational unless amended through the ...
The Nigeria Deposit Insurance Corporation (NDIC) has emphasized the need for early financial literacy among Nigerian youth, aiming to equip them with essential ...
Ripple, a global leader in digital asset infrastructure for financial institutions, has announced a strategic partnership with Chipper Cash to enhance cross-border payments ...
Since 2019, West Africa has emerged as a powerhouse in Africa’s start-up ecosystem, attracting $5.8 billion in funding—36% of the continent’s total, making ...
Standard Chartered has launched a Generative AI-powered tool, SC GPT, across 41 markets, enabling over 70,000 employees to enhance operational efficiency and client ...
The Consumer Financial Protection Bureau (CFPB) is set to reverse its stance on Buy Now, Pay Later (BNPL) regulations, retracting an interpretive rule ...
Visa has entered into a referral agreement with virtual card and spend management platform Extend, aiming to enhance digital payment solutions for emerging ...
Nigeria’s money supply experienced its first decline of 2025, dropping to N110.32 trillion in February, down from N110.94 trillion in January, according to ...
The World Bank has highlighted concerns over Nigeria’s statistical performance, emphasizing that the country is lagging behind its aspirational peers, including Mexico, Colombia, ...
Kenyan buy-now-pay-later (BNPL) fintech Lipa Later has officially entered administration as of March 24, 2025, following prolonged financial struggles and unsuccessful fundraising efforts. ...
A recent report by the Digital Financial Services Association of Kenya (DFSAK) reveals that Kenyans borrow approximately $3.85 million (Ksh 500 million) daily ...
Telecommunications leaders MTN Group and Airtel Africa have entered a strategic agreement to share mobile network infrastructure in Uganda and Nigeria. This collaboration ...
Global payment solutions provider dLocal has partnered with Airtel Mobile Money to enhance digital payment accessibility for Google Play users in Kenya. This ...
The new offerings, Sumsub ID and Reusable KYC, enable seamless and secure identity verification across 4000+ Sumsub client platforms while protecting user data ...
HoneyBook, a leading business platform for service-based entrepreneurs, has introduced AI-driven business management tools designed to streamline operations and enhance productivity for small ...
Charm, an AI-driven security platform designed to protect financial institutions and their customers from scams, social engineering, and human-targeted fraud, has emerged from ...
Obi Emetarom, CEO of Zone, is championing the adoption of regulated blockchain technology as a transformative solution for Nigeria’s financial services industry. In ...