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Paytm’s latest insurance buy entrenches its position as fintech leader driving financial inclusion for 500M Indians
Fintech giant Paytm’s latest acquisition of insurance firm Raheja QBE for $74 million portends a metamorphosis in the Indian financial services industry where the penetration of financial services and offerings continues to be ...
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Shariah Council Permits Cryptocurrency Investing and Trading
The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. ...
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Coinbase is selling blockchain analytics software to the US Secret Service
Crypto exchange Coinbase is providing its blockchain analytics software to the U.S. Secret Service, according to a public record obtained by The Block. The ...
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Apple supplier Foxconn to invest $1 billion in India
Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, ...
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Ecobank Transnational appoints Alain Nkontchou as new Chairman
Ecobank Transnational Incorporated (ETI) has announced the appointment of Alain Nkontchou as its new Chairman of the board of directors. Nkontchou, who is ...
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Fairfax Africa Holdings enters Purchase agreement with Helios Holdings Ltd
Fairfax Africa Holdings Corp. agreed to merge with Helios Holdings Ltd. Canada-based Fairfax Africa Holdings Corporation has reached an agreement to merge with Helios ...
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American Express GBT launches SME cashflow platform Neo1 in UK
Designed for small and medium-sized enterprises (SMEs), the free online service helps finance teams manage cashflow. GBT is a multinational travel and meetings ...
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Mastercard to issue ‘True Name’ cards for transgender community
Mastercard is to roll out cards in Europe that enable users to display an alternative to their given name. First released in the ...
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SA-based Nedbank Unveils Africa’s first contactless payments solution
South African bank, Nedbank is testing its newest innovation, a contactless payments solution. This the first payment’s solution of its kind in Africa at this ...
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Major banks take another step towards ‘truly European’ payment system
Some 16 of Europe’s major banks are set to initiate the implementation of a digital payment solution “that can be used anywhere in ...