Fintech
Namibia Evaluates CBDC for Cross-Border Payments and Financial Inclusion
Namibia is actively exploring the potential introduction of a central bank digital currency (CBDC) to enhance cross-border payments and expand financial inclusion. The ...
Fintech
Global: Mastercard Expands Middle East Presence Through Strategic Partnerships
Mastercard is strengthening its foothold in the Middle East through strategic collaborations with Emirates NBD, a leading financial institution in the MENAT (Middle ...
Fintech
Global: Visa Reports Surge in Tap to Phone Adoption
Visa’s Tap to Phone technology, which transforms smartphones into contactless payment terminals, has recorded a significant 200% increase in global usage over the ...
Global
US Tax Reforms Could Reduce FDI in Nigeria – NESG
The Nigerian Economic Summit Group (NESG) has raised concerns that recent tax reforms introduced by the United States could negatively impact foreign direct ...
Fintech
Global: SEC Reverses Course on Crypto Enforcement, Signals Regulatory Shift
The U.S. Securities and Exchange Commission (SEC) has taken an unexpected step back in its aggressive enforcement actions against cryptocurrency firms, marking what ...
Global
Indian Financial Crime Watchdog Investigates Paytm Subsidiaries Over Alleged Violations
India’s financial crime enforcement agency has issued a show-cause notice to Paytm regarding alleged violations of the Foreign Exchange Management Act (FEMA) linked ...
Global
UK Banks Face Payment Disruptions on Payday, Customers Report Widespread Issues
Several major UK banks, including TSB, Bank of Scotland, Nationwide Building Society, Halifax, Lloyds, and First Direct, experienced technical difficulties this morning, leaving ...
Fintech
Global: SEC Confirms Meme Coins Are Not Securities, Clarifies Regulatory Stance
The U.S. Securities and Exchange Commission (SEC) has officially clarified that meme coins do not qualify as securities under federal law. In a ...
Fintech
Global: Ukraine’s Central Bank Declares Revolut Requires License for Operations
Ukraine’s central bank has clarified that Revolut, the London-based fintech giant, lacks the necessary licensing to operate in the country, despite its recent ...
Global
Chinese Banks Reduce Dollar Deposit Rates Following PBOC Directive
China’s banking sector has begun lowering interest rates on U.S. dollar deposits in response to guidance from the People’s Bank of China (PBOC), ...