Global

Global: France and Luxembourg complete CBDC experiment

The central banks of France and Luxembourg have used an experimental CBDC to settle a EUR100 million digital native bond. The so-called Venus ...

By Regtech AfricaNovember 30, 20220

Global

Global: New Singapore digital bank Trust selects Thought Machine core

Trust Bank, the Standard Chartered and FairPrice-backed digital challenger that recently launched in Singapore, is running on Thought Machine’s cloud-native core platform. Trust ...

By Regtech AfricaNovember 30, 20220

Africa

Africa: African Development Fund Invests More Than $6 Million to Strengthen Public Finance Governance in African Countries

The support of the African Development Fund will strengthen the capacities of African tax administrations for improved domestic revenue mobilization. The Board of ...

By Regtech AfricaNovember 30, 20220

Global

Global: AvidXchange Takes B2B Payments Cross-Border

Payments solutions company AvidXchange has unveiled a cross-border payment experience. The North Carolina company said the new offering will be available first to ...

By Regtech AfricaNovember 30, 20220

Global

Global: Ukraine’s Central Bank Details CBDC Project

Ukraine’s central bank is considering a central bank digital currency to let users trade cryptocurrency. According to a Monday (Nov. 28) news release ...

By Regtech AfricaNovember 30, 20220

News

Nigeria: Why Nigeria’s SEC Isn’t Looking Towards Crypto

The Securities and Exchange Commission (SEC) in Nigeria says that the Commission might promote cryptocurrency as a digital asset only if the market ...

By Regtech AfricaNovember 30, 20220

Kenya

Kenya: Dollar crisis earns Kenya banks Sh52bn amid consumer woes

Commercial banks’ earnings from foreign exchange trading for nine months through September nearly doubled on higher demand for the dollar amid widening margins. ...

By Regtech AfricaNovember 29, 20220

Global

Global: Jyske Bank Accused of AML Violations by Danish Regulators

Danish regulators have reported Jyske Bank for possible anti-money laundering (AML) violations. Denmark’s Financial Supervisory Authority (FSA) said the lender’s due diligence methods had ...

By Regtech AfricaNovember 29, 20220

Global

Global: Instant Payments Help New Payments Ecosystems Blossom

Faster payments take center stage this coming year, as FedNow, the U.S.-based instant payments network, gets up and running. But as Wells Fargo ...

By Regtech AfricaNovember 29, 20220

Ghana

Ghana: Banks record 17% growth in profit to ¢4.4bn in October 2022

The banking sector recorded a profit-after-tax of ¢4.4 billion for the first ten months of 2022. This represents an increase of 17.2%, compared ...

By Regtech AfricaNovember 29, 20220

Global: France and Luxembourg complete CBDC experiment

Global: New Singapore digital bank Trust selects Thought Machine core

Africa: African Development Fund Invests More Than $6 Million to Strengthen Public Finance Governance in African Countries

Global: AvidXchange Takes B2B Payments Cross-Border

Global: Ukraine’s Central Bank Details CBDC Project

Nigeria: Why Nigeria’s SEC Isn’t Looking Towards Crypto

Kenya: Dollar crisis earns Kenya banks Sh52bn amid consumer woes

Global: Jyske Bank Accused of AML Violations by Danish Regulators

Global: Instant Payments Help New Payments Ecosystems Blossom

Ghana: Banks record 17% growth in profit to ¢4.4bn in October 2022

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