Regulatory

Global: Swedish Proposal Challenges AI Act’s Limits on Live Public Facial Recognition

In a move stirring debate over privacy and civil liberties, Swedish police are considering the deployment of cameras equipped with real-time facial recognition ...

By Regtech AfricaJune 6, 20240

Regulatory

Nepal’s Digital Identity Transformation Faces Challenges

Nepal is undergoing a transformative journey to develop a comprehensive digital identity system, aimed at overhauling governance, improving service provision, and driving economic ...

By Regtech AfricaJune 6, 20240

News

Nigeria’s Zone Unveils Blockchain-Powered PoS Solution

Zone, a leading fintech company in Nigeria and across Africa, has launched a revolutionary blockchain-powered Point of Sales (PoS) solution designed to facilitate ...

By Regtech AfricaJune 6, 20240

Global

Global: Consumer-Permissioned Data Fuels the Rise of New Data Brokers

The increasing prevalence of consumer-permissioned data in the U.S. is poised to reshape the credit landscape significantly. This shift is fostering the emergence ...

By Regtech AfricaJune 6, 20240

Regulatory

Global: CFPB Seeks Consumer and Small Business Input on Open Banking Standards

The Consumer Financial Protection Bureau (CFPB) has initiated a process to establish data sharing and technical standards for open banking, inviting a wide ...

By Regtech AfricaJune 6, 20240

Nigeria

Nigeria: CBN Refutes Rumors of License Revocations for Unity, Polaris, and Keystone Banks

The Central Bank of Nigeria (CBN) has refuted reports alleging plans to revoke the licenses of Unity Bank, Keystone Bank, and Polaris Bank. ...

By Regtech AfricaJune 5, 20240

Regulatory

Global: Australia Introduces Legislation to Regulate Buy-Now-Pay-Later Services with Mandatory Credit Checks

The Australian government has introduced new legislation requiring buy-now-pay-later (BNPL) companies to conduct credit checks on borrowers, aiming to regulate the rapidly expanding ...

By Regtech AfricaJune 5, 20240

Regulatory

Zimbabwe Central Bank Addresses Issues with New Currency

Zimbabwe Gold (ZiG), the new currency that evolved from a gold-backed token, has shown strong performance on the foreign exchange market but encountered ...

By Regtech AfricaJune 5, 20240

Ghana

Ghana’s 5G Spectrum Deal Sparks Controversy

The involvement of Indian billionaire Mukesh Ambani in Ghana’s 5G spectrum acquisition has stirred significant controversy, particularly among the National Democratic Congress (NDC), ...

By Regtech AfricaJune 5, 20240

Regulatory

Global: Visa Leverages Generative AI to Advance Tokenisation

At Money 20/20 Europe, Mehret Habteab, Senior Vice President of Product and Solutions at Visa Europe, announced that Visa has generated $40 billion ...

By Regtech AfricaJune 5, 20240

Global: Swedish Proposal Challenges AI Act’s Limits on Live Public Facial Recognition

Nepal’s Digital Identity Transformation Faces Challenges

Nigeria’s Zone Unveils Blockchain-Powered PoS Solution

Global: Consumer-Permissioned Data Fuels the Rise of New Data Brokers

Global: CFPB Seeks Consumer and Small Business Input on Open Banking Standards

Nigeria: CBN Refutes Rumors of License Revocations for Unity, Polaris, and Keystone Banks

Global: Australia Introduces Legislation to Regulate Buy-Now-Pay-Later Services with Mandatory Credit Checks

Zimbabwe Central Bank Addresses Issues with New Currency

Ghana’s 5G Spectrum Deal Sparks Controversy

Global: Visa Leverages Generative AI to Advance Tokenisation

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