Global

Global: Klasha Partners with LianLian Global to Revolutionize Cross-Border Payments Between China and Africa

Klasha, a leading global cross-border payment technology company, has announced a strategic partnership with LianLian Global, a prominent payment provider in Asia. This ...

By Regtech Africa18 hours ago27 views

News

SA: Access Bank Secures $159 Million Deal to Acquire Bidvest Bank, Expanding Presence in South Africa

Access Holdings, through its banking subsidiary Access Bank Plc, has announced a definitive agreement to acquire 100% equity in Bidvest Bank, a leading ...

By Regtech Africa18 hours ago29 views

Regulatory

Global: French Hill to Chair House Financial Services Committee in 2025

French Hill, a crypto-supportive representative from Arkansas, will assume the role of Chairman of the House Financial Services Committee in the 119th United ...

By Regtech Africa19 hours ago26 views

Regulatory

Global: Bank of England Watchdog Calls for Crypto Exposure Disclosures

The Bank of England’s Prudential Regulation Authority (PRA) has issued a directive for firms to disclose their current and anticipated cryptocurrency exposures as ...

By Regtech Africa19 hours ago29 views

Nigeria

Nigeria: Tax Reforms Bill Fails to Address Nigeria’s Regional Disparities – Report

A recent survey by SBM Intelligence has criticized the federal government’s proposed tax reforms, arguing that they fail to consider the unique socioeconomic ...

By Regtech Africa19 hours ago25 views

Nigeria

Nigeria: NITDA Flags X and TikTok for Tax Non-Compliance in Nigeria

The National Information Technology Development Agency (NITDA) has accused social media platforms X (formerly Twitter) and TikTok of failing to meet tax filing ...

By Regtech Africa19 hours ago29 views

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AMA

Reinvigorated global efforts needed to curb rising malaria threat

Equitable access to life-saving malaria tools is key to reversing trends WHO / Genna PrintElizabeth brings her daughter Princes Angel to the Railways ...

By Regtech Africa1 day ago30 views

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AMA

UNSMIL marks Human Rights Day with call for stronger protection and inclusive future in Libya

TRIPOLI, Libya, 11 December 2024 -/African Media Agency(AMA)/- Today, on Human Rights Day, the United Nations Support Mission in Libya (UNSMIL) emphasises this year’s ...

By Regtech Africa2 days ago40 views

Global

Global: Abu Dhabi Approves Tether’s USDT as an Accepted Virtual Asset

The Abu Dhabi Global Market (ADGM) has officially recognized Tether’s USDT stablecoin as an Accepted Virtual Asset (AVA), marking a significant step in ...

By Regtech Africa3 days ago68 views

Global

Global: Deutsche Bank and Crypto.com Forge Corporate Banking Partnership

Deutsche Bank has entered into a corporate banking partnership with Crypto.com, providing services across Singapore, Australia, and Hong Kong, with plans for expanded ...

By Regtech Africa3 days ago55 views

Regulatory

Global: FS Sector Urges Comprehensive Review of Financial Data Access Regulation

The European Council recently reached an agreement on a proposed framework for the Financial Data Access (FIDA)regulation, aiming to enhance data-sharing among financial ...

By Regtech Africa3 days ago57 views

Ghana

Ghana: CBG Resumes Forex Operations After BoG Lifts Suspension

Consolidated Bank Ghana (CBG) has resumed its foreign exchange trading operations following the lifting of a month-long suspension of its forex trading license ...

By Regtech Africa3 days ago49 views

Regulatory

Global: Key Areas of Focus as the FDIC Tightens Oversight on FinTech

As regulatory scrutiny intensifies, the Federal Deposit Insurance Corporation (FDIC) and other agencies are sharpening their focus on the evolving relationships between traditional ...

By Regtech Africa3 days ago57 views

Ghana

Ghana: Effective Policies Key to Unlocking AI’s Potential – Bank of Ghana

Intersection between AI, Productivity, and Growth in Emerging Countries’, he outlined strategies for integrating AI into development frameworks. “For countries like Ghana, implementing ...

By Regtech Africa3 days ago57 views

AMA

Reforms are Needed to Stem a Slow-down in Kenya’s Economic Growth

WASHINGTON, USA, 10 December 2024-/African Media Agency (AMA)/- Kenya’s GDP is projected to grow at 4.7% in 2024, slower when compared to 5.6% in 2023 and closer to ...

By Regtech Africa3 days ago54 views

Africa

African Banks Brace for Cybersecurity Challenges as Grandoreiro Malware Threatens Sector

Africa’s financial sector faces heightened cybersecurity risks following the emergence of Grandoreiro, a sophisticated malware targeting banks. This development underscores the critical need ...

By Regtech Africa4 days ago70 views

Africa

Africa: Tech Entrepreneurs to Launch Platform Connecting African Artisans with Global Buyers

To revolutionize cross-border trade and empower African artisans, tech entrepreneurs Wale Ayantoye and Ola John Ajiboye are set to launch “Giri Today”, an ...

By Regtech Africa4 days ago68 views

News

Nigeria: Access Bank Introduces Mandarin Feature on AccessMore App to Serve Chinese Clients

Access Bank has made a strategic move to enhance its services for Chinese enterprises and expatriates in Nigeria by introducing a Mandarin language ...

By Regtech Africa4 days ago65 views

Kenya

Kenyan Banks to Lower Lending Rates in Line with CBK Directive

In a move aimed at boosting economic growth and easing financial strain on borrowers, Kenyan commercial banks will lower their lending rates beginning ...

By Regtech Africa4 days ago57 views

Kenya

Kenyan Fintech Leader Leja Processes $2 Billion in Transactions in 2024

Kenyan fintech startup Leja has achieved a groundbreaking milestone, processing $2 billion in business-to-business (B2B) payments within just one year of launching its ...

By Regtech Africa4 days ago58 views

Global

Global: Revolut Sets Sights on Becoming New Zealand’s First Global Digital Bank

Revolut, the UK-based FinTech giant, is extending its global reach with a strategic focus on New Zealand. While the company already serves customers ...

By Regtech Africa4 days ago71 views

Global

Global: Banks Explore Stablecoins to Transform Cross-Border Payments

The inefficiencies of traditional cross-border payments—characterized by high fees, slow processing times, and a lack of transparency—may soon be a thing of the ...

By Regtech Africa4 days ago74 views

Regulatory

Global: Bank of England Warns Non-Banks Could Pose New Financial Stability Risks

The growing role of non-bank financial institutions (NBFIs) such as pension funds, insurance companies, hedge funds, and money market funds could introduce significant ...

By Regtech Africa4 days ago66 views

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AMA

ATMIS military officers train on civil-military relations

MOGADISHU, Somalia, 09 December 2024 -/African Media Agency(AMA)/- Fourteen Burundi National Defence Force (BNDF) officers serving with the African Union Transition Mission in Somalia ...

By Regtech Africa4 days ago57 views

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AMA

ATMIS military officers train on civil-military relations

MOGADISHU, Somalia, 09 December 2024 -/African Media Agency(AMA)/- Fourteen Burundi National Defence Force (BNDF) officers serving with the African Union Transition Mission in Somalia ...

By Regtech Africa4 days ago59 views