Kenya

Kenyan Banks Slash Lending Rates Amid Central Bank Crackdown

Kenyan commercial banks are swiftly reducing lending rates following a stern directive from the Central Bank of Kenya (CBK), which has warned of ...

By Regtech AfricaFebruary 16, 20250

Egypt

Egypt Expands Orange Corners Program to Boost Startups in Seven Governorates

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has announced the expansion of the Orange Corners program, extending its support ...

By Regtech AfricaFebruary 15, 20250

Nigeria

Nigeria: CBN to Maintain Oversight of Keystone Bank Following Court-Ordered Ownership Transfer

The Central Bank of Nigeria (CBN) has reaffirmed its commitment to managing Keystone Bank Limited after a recent court ruling transferred the bank’s ...

By Regtech AfricaFebruary 15, 20250

Global

Global: JPMorgan Chase CEO Urges Washington to Reevaluate Financial Regulations

JPMorgan Chase CEO Jamie Dimon has called for a reassessment of financial regulations governing the banking industry, emphasizing the need for a balanced ...

By Regtech AfricaFebruary 15, 20250

Fintech

Unlocking Nigeria’s Fintech Potential: Kuda MD Advocates for Regulatory Reforms and Infrastructure Growth

Nigeria’s fintech sector continues to experience remarkable expansion, attracting $2 billion in investments in 2024. However, despite its rapid growth, critical challenges threaten ...

By Regtech AfricaFebruary 15, 20250

Nigeria

Nigeria: Naira Rebounds Slightly as CBN Injects $66 Million into Banks

The Nigerian naira made a modest recovery in the foreign exchange market after weeks of downward pressure. On Friday, the naira appreciated by ...

By Regtech AfricaFebruary 15, 20250

Africa

Africa: MoneyHash Secures $5.2M Pre-Series A to Enhance Payment Orchestration in Emerging Markets

MoneyHash, a leading payment orchestration platform focused on the Middle East and Africa (MEA), has successfully raised $5.2 million in a pre-Series A ...

By Regtech AfricaFebruary 14, 20250

Fintech

Global: South Korea Penalizes JPMorgan, Morgan Stanley, Nomura, and UBS for Short-Selling Violations

South Korea’s Financial Supervisory Service (FSS) has imposed fines on JPMorgan, Morgan Stanley, Nomura, and UBS for breaching short-selling regulations in the domestic ...

By Regtech AfricaFebruary 14, 20250

Fintech

Global: Mastercard Unveils AI-Powered AML Solution in Asia Pacific

Mastercard has introduced an artificial intelligence-powered anti-money laundering (AML) solution, Trace, in the Asia Pacific region to combat financial crime more effectively. The ...

By Regtech AfricaFebruary 14, 20250

Nigeria

Nigeria: CBN Calls on Telecom Firms to Manufacture SIM Cards Locally to Ease Forex Pressure

The Central Bank of Nigeria (CBN) has urged telecommunications companies to localize the production of essential components such as SIM cards, cables, and ...

By Regtech AfricaFebruary 14, 20250

Kenyan Banks Slash Lending Rates Amid Central Bank Crackdown

Egypt Expands Orange Corners Program to Boost Startups in Seven Governorates

Nigeria: CBN to Maintain Oversight of Keystone Bank Following Court-Ordered Ownership Transfer

Global: JPMorgan Chase CEO Urges Washington to Reevaluate Financial Regulations

Unlocking Nigeria’s Fintech Potential: Kuda MD Advocates for Regulatory Reforms and Infrastructure Growth

Nigeria: Naira Rebounds Slightly as CBN Injects $66 Million into Banks

Africa: MoneyHash Secures $5.2M Pre-Series A to Enhance Payment Orchestration in Emerging Markets

Global: South Korea Penalizes JPMorgan, Morgan Stanley, Nomura, and UBS for Short-Selling Violations

Global: Mastercard Unveils AI-Powered AML Solution in Asia Pacific

Nigeria: CBN Calls on Telecom Firms to Manufacture SIM Cards Locally to Ease Forex Pressure

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