Ethopia
Ethiopia: EthSwitch Drives Over 92 Billion Birr in Interoperable Transactions
EthSwitch, the national switch operator in Ethiopia entrusted with fostering interoperability among financial institutions, has disclosed a noteworthy achievement, facilitating interoperable transactions totaling ...
News
Nigeria: Naira slips to N956/$ as Dollar Supply Declines by 46%
On Thursday, the naira experienced a decline to N956/$ on the official Investor and Exporter forex window, signaling a significant 13.78% drop from ...
News
Nigeria: Central Bank of Nigeria Sells Treasury Bills at Higher Rates in Recent Auction
The Central Bank of Nigeria (CBN) increased spot rates on Treasury bills by 100 basis points in the latest primary market auction, according ...
Global
Global: UK Finance Survey Reveals Majority of Banks Piloting Generative AI
According to a survey by UK Finance, almost three-quarters of UK financial services firms are currently conducting pilot projects involving generative AI, primarily ...
Kenya
Kenya: CAK Initiates Lower Termination Rates, Promising Reduced Calling Costs for Kenyans
The Communications Authority of Kenya (CAK) has taken a significant step by capping Mobile Termination Rates (MTRs) and Fixed Termination Rates (FTRs) at ...
News
Nigeria: Navigating Nigeria’s Growth Challenges Amidst Financial Constraints
Despite the Nigerian government’s endeavors to stimulate growth, a stringent financial environment has emerged as a pivotal factor impeding real-term gross domestic product ...
News
Nigeria: MoMo PSB Aims to Serve 20 Million SMEs with Financial Services
MoMo PSB, the Payment Unit of MTN, has set its sights on providing financial services to 20 million Nano and Small Medium Enterprises ...
Global
Global: Feedzai and Mastercard Join Forces to Enhance Crypto Fraud Protection
In a collaborative effort to bolster crypto fraud protection for millions of consumers, Feedzai, a financial crime and risk management solution, and Mastercard, ...
Global
Global: Canadian Fintech Leaders Advocate for Swift Action on Open Banking
Technology leaders from numerous fintech companies have joined forces in a letter to Canada’s finance minister, urging the prompt implementation of a long-awaited ...
Global
Global: Irish Financial Services Group Advocates for National Fintech Hub
The chairman of Financial Services Ireland (FSI), Joe Heneghan, has urged the Irish government to establish a dedicated physical centre for fintech companies, ...