Regulatory

Morgan Stanley Approves Bitcoin Exposure for Handful of Mutual Funds

Morgan Stanley is giving a handful of its mutual funds the ability to invest indirectly in bitcoin (BTC, -0.35%) through cash-settled futures contracts ...

By Regtech AfricaApril 3, 20210

News

PNC Bank offers two Bank On certified products

PNC Bank has announced it is offering two products that meet the Cities for Financial Empowerment Fund (CFE Fund)‘s Bank On national certification. ...

By Regtech AfricaApril 3, 20210

News

USSD: Banks disconnect MTN from banking channels

Commercial banks in Nigeria have disconnected MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps. MTN customers have ...

By Regtech AfricaApril 3, 20210

Zimbabwe

Zimbabwe: Mobile Money Transactions Drop 23 Percent

The total number of mobile money transactions processed in 2020 went down by 23 percent to record $1,5 billion from $1,96 billion recorded ...

By Regtech AfricaApril 2, 20210

Ghana

GhIPSS eyes the commercial transport sector, as GhQR chalks 1 year

The Ghana Interbank Payment and Settlement System (GhIPSS) is targeting the commercial transport sector as one of the key pillars to drive patronage ...

By Regtech AfricaApril 2, 20210

Startup

Nigeria insurtech raises $450,000 in pre-seed round

Curacel looks to fast-track claims and process fraudulent defects for health insurance companies. The intelligence insurtech startup is powered by an AI platform ...

By Regtech AfricaApril 2, 20210

Regulatory

Mastercard fined £31m for breaching competition law

Mastercard and four other companies have been accused of running a cartel to reduce competition in the market for pre-paid cards. Allpay, PFS, ...

By Regtech AfricaApril 2, 20210

News

MTN expands mobile money card-less cash withdrawal service

Mobile money service provider, Y’ello Digital Financial Services, has announced the expansion of its MoMo Agent card-less cash withdrawal service to over 40 ...

By Regtech AfricaApril 2, 20210

News

UBA and Elumelu to fund innovative ideas in rural Kenya

United Bank of Africa (UBA) alongside the Tony Elumelu Foundation (TEF) will fund innovative business ideas in rural Kenya. This is in line ...

By Regtech AfricaApril 2, 20210

Nigeria

NCC open to strategic collaboration for human capital Dev – Danbatta

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has emphasised that the Commission will always be ...

By Regtech AfricaApril 2, 20210

Morgan Stanley Approves Bitcoin Exposure for Handful of Mutual Funds

PNC Bank offers two Bank On certified products

USSD: Banks disconnect MTN from banking channels

Zimbabwe: Mobile Money Transactions Drop 23 Percent

GhIPSS eyes the commercial transport sector, as GhQR chalks 1 year

Nigeria insurtech raises $450,000 in pre-seed round

Mastercard fined £31m for breaching competition law

MTN expands mobile money card-less cash withdrawal service

UBA and Elumelu to fund innovative ideas in rural Kenya

NCC open to strategic collaboration for human capital Dev – Danbatta

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