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Providus Bank deactivates virtual account numbers of PiggyVest, Monnify
Providus Bank has deactivated the virtual account numbers of Monnify and PiggyVest users. Monnify revealed on its social media platform that it received ...
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SoftBank files for a double scoop of SPAC
The SPAC mania continues unabated, with new SPACs being filed with the SEC on an almost hourly basis at times. SoftBank, the Japanese ...
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Stanbic IBTC announces executive appointments across the Group
Stanbic IBTC Holdings PLC (‘the Group’), a member of Standard Bank Group, has announced several key executive appointments across the Group, in a ...
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Central bank digital currency: Concepts and trends
Money fulfils the basic functions of a medium of exchange, unit of account, store of value, and standard of deferred payment. To meet ...
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How The FBI Alerted Nigeria’s Central Bank to Scammers Using Cryptocurrencies to Defraud the West
The apex bank prohibited dealing in cryptocurrencies or facilitating payments for cryptocurrency exchanges last week Friday. Investigations have revealed that the federal government ...
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Credit card companies should offer Stablecoin payments or be left behind: Garter
Centralized payment companies such as Visa, Mastercard and PayPal will need to adapt if they are to survive the potential demand for blockchain-based ...
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79% of Kenyan Consumers are Shopping More Online Since the Start of Pandemic, Mastercard Study
A Mastercard study on consumer spending* has revealed that nearly four out of five (79%) surveyed consumers in Kenya are shopping more online ...
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Gijima’s T-system SA Take Over is Approved by Competition Commission
Gijima has announced that the T-system South Africa (TSSA) acquisition has been approved by the Competition Commission. This deal is expected to position ...
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Theta blockchain launches first decentralized exchange dubbed ThetaSwap
Theta (THETA) has launched ThetaSwap, the blockchain’s first decentralized exchange platform, according to an announcement issued on Friday. ThetaSwap v1 users will reportedly ...
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PayPal announces plans to expand its digital currency services
PayPal CEO Dan Schulman laid out PayPal’s plans for their blockchain and digital currency service offerings during PayPal’s quarterly earnings call on February ...