Global

Global: FTC Wants Mastercard to Share Data with Other Payment Networks

The Federal Trade Commission (FTC) wants Mastercard to share card data with competing payment networks. Under a proposed order announced Friday (December 23, 2022), Mastercard will have to ...

By Regtech AfricaDecember 26, 20220

Benin Republic

Benin: MTN Benin and Ericsson deploy AI and ML for Managed Services

MTN Benin and Ericsson have partnered on the deployment of an Artificial Intelligence (AI) and Machine Learning (ML) solution in Africa to address ...

By Regtech AfricaDecember 26, 20220

News

Nigeria: World Bank says Nigeria Lost $144b in 4 years over CBN Exchange Rate Policies

The Central Bank of Nigeria’s (CBN) approach to managing exchange rates has drawn criticism from the World Bank once again and caused disagreement ...

By Regtech AfricaDecember 26, 20220

News

Nigeria: 94% of cash transactions within N500, 000 new cash withdrawal limit, says Emefiele

The Central Bank of Nigeria (CBN) said 94 per cent of all cash transactions falls below the N500,000 new weekly cash withdrawal limit ...

By Regtech AfricaDecember 26, 20220

Global

Global: EU Watchdog Probes Twitter for 5.4 Million User Data Breach

Ireland’s Data Protection Commission is looking into Twitter after a 5.4 million user data breach. The commission released a statement Friday (December 23, 2022) that it ...

By Regtech AfricaDecember 24, 20220

Africa

Africa: African Development Bank Partners with Bank One on Trade Finance

The African Development Bank Group is supporting the trade finance efforts of Bank One Limited. The Group will provide a $40 million trade finance package that ...

By Regtech AfricaDecember 24, 20220

News

Nigeria: CBN says 1.4m POS Agents Generated N6tr in Transactions

Every local government in Nigeria has a Point of Sale (POS) agent present, according to Godwin Emefiele, Governor of the Central Bank of ...

By Regtech AfricaDecember 24, 20220

News

Rwanda: World Bank Provides $200 Million to Support Accelerated Human Capital Development in Rwanda

The World Bank’s Board of Directors approved $200 million in International Development Association (*IDA) financing to advance Rwanda’s policy and institutional reform program ...

By Regtech AfricaDecember 24, 20220

Ghana

Ghana: BoG increases mobile money transaction limit

The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits. The Bank in a statement issued on December 22, 2022, ...

By Regtech AfricaDecember 24, 20220

Namibia

Namibia: Communications Authority to issue 5G spectrum in March 2023

The Communications Regulatory Authority of Namibia will issue spectrum for 5G by March 2023, which will be accompanied by a consumer awareness campaign ...

By Regtech AfricaDecember 24, 20220

Global: FTC Wants Mastercard to Share Data with Other Payment Networks

Benin: MTN Benin and Ericsson deploy AI and ML for Managed Services

Nigeria: World Bank says Nigeria Lost $144b in 4 years over CBN Exchange Rate Policies

Nigeria: 94% of cash transactions within N500, 000 new cash withdrawal limit, says Emefiele

Global: EU Watchdog Probes Twitter for 5.4 Million User Data Breach

Africa: African Development Bank Partners with Bank One on Trade Finance

Nigeria: CBN says 1.4m POS Agents Generated N6tr in Transactions

Rwanda: World Bank Provides $200 Million to Support Accelerated Human Capital Development in Rwanda

Ghana: BoG increases mobile money transaction limit

Namibia: Communications Authority to issue 5G spectrum in March 2023

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