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Airtel Africa boosts mobile money with second new partnership in a month
Airtel Africa has announced a new partnership with MoneyGram International to enable 19 million customers to receive transfers directly into their mobile wallets. ...
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Standard Bank acquires 35% stake in TradeSafe
Standard Bank has acquired a 35% equity stake in digital escrow company TradeSafe Escrow, providing a means for buyers and sellers to mitigate ...
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Jeff Bezos, Elon Musk, others record climb in revenue
Amazon’s boss Jeff Bezos reached a milestone earlier in the week that no human has ever achieved. With Amazon stock price surging nearly ...
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MoneyGram strengthens African presence through Airtel collaboration
MoneyGram, a global specialist in cross-border P2P payments and money transfers, has detailed a new partnership with Airtel Africa. The deal significantly enhances ...
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Fed’s Powell to begin hard sell for higher inflation
On Thursday, Fed Chair Jerome Powell will undertake a tough task, convincing the public that the central bank can and will deliver in ...
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Apple buys VR startup that lets you have Zoom meetings in virtual space
Apple has purchased Spaces, a virtual-reality startup that lets users have meetings in the digital world. Spaces previously made location-based virtual reality experiences, most ...
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UBS Snags $3 Billion-Asset Team in D.C. from Goldman
UBS Wealth Management USA has hired a Goldman Sachs team in Washington, D.C., that is led by an advisor who previously dallied with ...
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Record Turkey Gold Output Is All Headed for the Central Bank
Turkey is poised to produce a record amount of gold this year and the central bank will probably buy all of it — ...
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Polaris Bank CEO, Abiru, Retires
The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the bank, effective August 31, 2020. ...
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AfCFTA: Zenith Bank CEO Seeks Funding for SMEs, Infrastructure
Group Managing Director and Chief Executive Officer (CEO) of Zenith Bank, Mr. Ebenezer Onyeagwu, has called on African banks to support the funding ...