Regulatory

ECB cautions against the power of Big Tech in financial services and cloud provision

The European Central Bank has bemoaned the absence of an EU challenger capable of taking on the might of Big Tech cloud providers ...

By Regtech AfricaSeptember 3, 20200

News

Mastercard targets touchless economy

In order to properly adapt to the impact Covid-19 has left on the world, Mastercard has unveiled AI-powered technology designed to enable touchless ...

By Regtech AfricaSeptember 3, 20200

News

Merger creates largest Black owned US Bank

City First Bank in Washington and Broadway Federal Bank in Los Angeles are merging to form the largest Black-led bank in the US. ...

By Regtech AfricaSeptember 3, 20200

Global

AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, has released its mid-year findings on global financial ...

By Regtech AfricaSeptember 3, 20200

News

MTN Group gets new Acting GCFO

MTN has announced changes to the Board of Directors of MTN Group, as well as to the Board of major subsidiary MTN South ...

By Regtech AfricaSeptember 3, 20200

Nigeria

FIRS targets N446b from Stamp Duties

The Federal Inland Revenue Service (FIRS) says it is ready and equipped to help the government deliver on its commitment to the people ...

By Regtech AfricaSeptember 3, 20200

News

Swedish ‘buy now, pay later’ fintech giant Klarna reports sevenfold jump in losses

Klarna, the Swedish fintech giant that lets customers delay payment for online purchases, has reported first half losses seven times higher than in ...

By Regtech AfricaSeptember 2, 20200

News

Varo goes live on Temenos core platform

Temenos (SIX: TEMN), the banking software company, earlier this week announced that its cloud-native technology platform has gone live with Varo Bank. Varo, ...

By Regtech AfricaSeptember 2, 20200