Editor's Pick
Innovation
Global: Visa and Tencent Introduce Palm Payment Technology in Singapore
Visa and Tencent have launched a new palm payment pilot in Singapore, enabling Visa cardholders from select banks, including DBS, ...
Trending Stories
Latest Review
Toward a New Impact Narrative for Financial Inclusion
How do financial services impact the lives of poor people? Though the global development community has debated this question for ...
Nigeria, Kenya, South Africa attracted $3.9 billion VC deals in 6 years
613 VC deals valued at $3.9 billion occurred in Africa between 2014 and 2019. Fintechs, information technology firms, and other ...
More news
Regulatory
Global: Lawmakers Propose AI Studies in Financial Services and Housing
U.S. lawmakers are advancing a legislative push to evaluate the impact of artificial intelligence (AI) on the financial services and housing industries. Representative ...
Nigeria
Nigeria: NATCOMS to Petition National Assembly Against 5% Telecom Excise Duty
The National Association of Telecoms Subscribers (NATCOMS) has announced plans to petition the National Assembly, urging lawmakers to halt any legislative approval of ...
Regulatory
Global: ECB Releases Second Progress Report on Digital Euro Development
The European Central Bank (ECB) has released its second progress report on the digital euro project, highlighting advancements made since the initial report. ...
Global
Global: Lumin Digital Secures $60 Million to Drive Growth in Digital Banking
Digital banking platform Lumin Digital, established in 2016, has announced a successful funding round of $60 million, reflecting strong investor confidence in its ...
Regulatory
Global: OCC Recognizes Three Financial Institutions with ‘Outstanding’ Ratings in CRA Evaluations
The Office of the Comptroller of the Currency (OCC) has awarded “outstanding” ratings to three out of 19 financial institutions in its latest ...
Regulatory
Global: 21X Secures Groundbreaking License for Blockchain-Based Exchange and Settlement Under EU’s DLT Pilot Regime
In a landmark development, 21X has become the first financial market infrastructure (FMI) to receive a DLT Pilot Regime license from Germany’s BaFin ...
Regulatory
Global: UK Charts Path for Comprehensive Crypto Regulation by 2026
The United Kingdom has outlined a roadmap for comprehensive cryptocurrency regulation, with legislation expected to come into effect by late 2026. The announcement ...
AMA
Minor Hotels to Debut in Zimbabwe with the Launch of Anantara Stanley & Livingstone Victoria Falls Hotel
JOHANNESBURG, South Africa, 2 December 2024 -/African Media Agency(AMA)/-Minor Hotels, an international hotel owner, operator and investor with more than 550 hotels in 56 ...
Nigeria
Nigeria: SEC Reassures Investors on Fintech Regulation
he Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has reiterated its commitment to safeguarding investors amidst the growing adoption of ...
Nigeria
Nigeria: SEC Introduces New Registration Requirement for Capital Market Operators
The Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has announced a new requirement for capital market operators (CMOs) renewing their ...
News
Nigeria: Naira Set for Rebound as CBN’s FX Matching System Launches
The era of foreign exchange (forex) speculation and market distortions in Nigeria may be nearing its end as the Central Bank of Nigeria ...
Nigeria
Nigeria: CBN’s Interest Rate Hike Dampens Stock Market Performance
The Nigerian Exchange Limited (NGX) experienced a downturn last week as the stock market reacted negatively to the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: NASD Calls for Adherence to SEC Rules on Trading Unlisted Securities
The NASD OTC Exchange has urged public limited companies to comply with the Securities and Exchange Commission (SEC) regulation mandating that securities of ...
News
Nigeria: CBN Launches Revamped Website to Enhance Transparency and User Experience
The Central Bank of Nigeria (CBN) has officially launched its newly redesigned website, marking a significant milestone in its efforts to improve transparency ...
Nigeria
Nigeria: CBN Extends Bureaux De Change Recapitalisation Deadline by Six Months, Urges Industry Unity
The Central Bank of Nigeria (CBN) has extended the deadline for bureaux de change (BDC) operators to meet new recapitalisation requirements by six ...
Regulatory
Global: Central Banks Prioritize Legacy Instant Payment Systems Over CBDCs
Despite advancements in blockchain technology, traditional financial infrastructure appears poised to dominate the international payments market for the foreseeable future. Central banks are ...
Global
Global: Norway to Join Eurosystem’s Instant Payment Platform
The Norwegian krone (NOK) is set to be integrated into the Eurosystem’s TARGET Instant Payment Settlement (Tips) service by the first half of ...
Nigeria
Nigeria: CBN Launches Electronic Foreign Exchange System with $100,000 Minimum Trading Limit
The Central Bank of Nigeria (CBN) has introduced the Electronic Foreign Exchange Matching System (EFEMS), a new initiative designed to promote transparency, fairness, ...
AMA
IOM Innovation Facility Advances Transformative Solutions to Global Migration Challenges
Ropani Harriet from South Sudan holds a repaired solar lantern from IOM’s E-waste initiative in Bidibidi refugee settlement, Uganda. Photo: IOM GENEVA, Switzerland, 29 ...
News
Nigeria: Development Bank of Nigeria Wins CBN Financial Inclusion Leadership Award
The Development Bank of Nigeria Plc (DBN) has been honored with the Financial Inclusion Leadership Award by the Central Bank of Nigeria (CBN). ...
Nigeria
Nigeria: CBN, First Bank Advocate Stronger Collaboration with Chinese Banks
The Central Bank of Nigeria (CBN) and First Bank Nigeria Limited have called for enhanced collaboration between Nigerian and Chinese banks to support ...
News
Nigeria: Digital Space Capital Records 81% Profit Surge to N620 Million
Digital Space Capital (DSC), a leading financial investment firm, reported an 81.7% increase in profit after tax to N620 million for 2023, up ...
Regulatory
Global: Hong Kong Central Bank Introduces Subsidies to Boost Tokenized Bond Issuance
Hong Kong is strengthening its position as a global financial innovator by incentivizing tokenized bond issuances through a subsidy program introduced by the ...
Regulatory
Global: Taiwan Tightens AML Rules for Crypto Providers with Accelerated Registration Deadline
Taiwan has ramped up its anti-money laundering (AML) measures for cryptocurrency businesses, introducing stricter registration requirements and advancing the enforcement timeline. Accelerated AML ...
Regulatory
Global: EU Commission Adopts Technical Standards for Digital ID Wallets Ahead of 2026 Deadline
The European Commission has approved new regulations to standardize the core functionalities and certification processes for European Digital Identity Wallets, marking a significant ...
