Regulatory

Standard Chartered Fined $13.6 Million for 2007 India Deal

India’s anti-money laundering agency fined Standard Chartered Plc 1 billion rupees ($13.6 million) for breaking foreign exchange rules when it worked on the ...

By Regtech AfricaSeptember 9, 20200

News

Japan lurches towards digital currency and electronic payments in fear of Chinese advantage

Japan is largely a cash based society. Despite a healthy interest in digital cryptocurrencies like bitcoin, consumers rely heavily on physical currency while ...

By Regtech AfricaSeptember 8, 20200

Innovation

Implementing a 21st century approach to digital identity in the UK

Unlike many other countries, the UK is fortunate, there is not the baggage of state-issued ID cards rooted in the intrusive mindset of ...

By Regtech AfricaSeptember 8, 20200

News

Revolut Hires two former Amazon Execs as Head of Regulatory Compliance resigns

Personnel changes are in motion at Revolut, as a key member of the leadership team leaves for Barclays, and two former Amazon staffers ...

By Regtech AfricaSeptember 8, 20200

Regulatory

NSE to host capacity building session on derivatives in Nigeria

The COVID-19 pandemic has metamorphosed into an economic crisis for countries and financial markets that has caused volatility in price of commodities and ...

By Regtech AfricaSeptember 8, 20200

News

Microsoft warns digital currency owners to be aware of new malware

Microsoft Security Intelligence (MSI), in a tweet warned cryptocurrency owners who are also Windows users on August 27 that their funds in crypto ...

By Regtech AfricaSeptember 8, 20200

Opinions

Micro-Credit- Unlocking the next stage for Fintech in Africa

The African mobile money industry is relatively young. It started off as a telco (Vodafone) noticing its customers using airtime as a means ...

By Regtech AfricaSeptember 8, 20200

News

Spain’s Bankia, CaixaBank Talk Merger

Two of Spain’s big banks could become one. The Financial Times reported talks are underway to merge Madrid-based Bankia and CaixaBank in Valencia. If a ...

By Regtech AfricaSeptember 8, 20200

News

Nigerian anti-counterfeiting startup Chekkit piloting rollout in Afghanistan

Nigerian anti-counterfeiting startup Chekkit has signed a memorandum of understanding (MoU) with Afghanistan’s Ministry of Public Health to help tackle the problem of ...

By Regtech AfricaSeptember 8, 20200

News

Uber Enters Auto Rental Business In UK

Uber Technologies has entered the auto rental business in the United Kingdom, attributing the move to the desire to maximize social distancing. The technology ...

By Regtech AfricaSeptember 8, 20200