News

Jamaica records 39% surge in net remittance inflows in January 2021

…assisted by 17.3% decline in outflows Jamaica recorded a big surge in net remittance inflows of US$224.4 million in January 2021, representing a ...

By Regtech AfricaApril 17, 20210

News

The race towards a CASHLESS Africa

Globally, economies are in various stages of development having either started developing, replaced or are busy replacing daily batch payment systems with real-time ...

By Regtech AfricaApril 17, 20210

News

Ghana: Mobile Money Accounts Hit 1.2 Billion in 2020 … Driven By the Global Pandemic

There has been dramatic acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions, GSMA ...

By Regtech AfricaApril 17, 20210

News

Uganda: Bank of Uganda Keeps Policy Rate Unchanged at 7% for April

Uganda’s Central Bank kept its benchmark policy rate unchanged at seven percent Wednesday in a strategic move that promises stable lending rates amidst ...

By Regtech AfricaApril 17, 20210

News

Turkey bans the use of crypto

The Central Bank of the Republic of Turkey has announced it is banning the use of cryptocurrency for payments throughout the country. The ...

By Regtech AfricaApril 17, 20210

News

Forter, Flutterwave join forces to help merchants identify fraudsters

Ecommerce fraud prevention company Forter has announced a partnership with Flutterwave, Africa-based payments technology company. The partnership aims to enable merchants to accurately ...

By Regtech AfricaApril 17, 20210

News

Brexit hit the UK harder than expected, Reuters

UK-based financial companies have shifted USD 1.4 trillion in assets to hubs in the EU due to Brexit, according to a study from ...

By Regtech AfricaApril 17, 20210

News

RBL Bank, Mastercard partner to launch mobile banking payment solution in India

RBL Bank and Mastercard have partnered to launch the Pay by Bank app, a mobile banking payment solution, in India. RBL Bank and ...

By Regtech AfricaApril 17, 20210

Startup

Saudi fintech startup secures $670k seed funding

Saudi fintech startup Prexle has raised SR2.5 million ($670,000) in seed funding from angel investors, the company announced this week. A cloud-based point-of-sale ...

By Regtech AfricaApril 17, 20210

News

Africa: Standard Bank Appoints Sanni Chief Executive for Africa

The Standard Bank Group, Africa’s largest bank by assets, has appointed Yinka Sanni as its new Chief Executive for Africa Regions and a ...

By Regtech AfricaApril 17, 20210

Jamaica records 39% surge in net remittance inflows in January 2021

The race towards a CASHLESS Africa

Ghana: Mobile Money Accounts Hit 1.2 Billion in 2020 … Driven By the Global Pandemic

Uganda: Bank of Uganda Keeps Policy Rate Unchanged at 7% for April

Turkey bans the use of crypto

Forter, Flutterwave join forces to help merchants identify fraudsters

Brexit hit the UK harder than expected, Reuters

RBL Bank, Mastercard partner to launch mobile banking payment solution in India

Saudi fintech startup secures $670k seed funding

Africa: Standard Bank Appoints Sanni Chief Executive for Africa

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