Regulatory
Global: CFPB Files Lawsuit Against JPMorgan, Bank of America, and Wells Fargo Over Zelle Fraud
The Consumer Financial Protection Bureau (CFPB) has initiated legal action against JPMorgan Chase, Bank of America, and Wells Fargo, alleging that these institutions ...
Nigeria
Nigeria: CBN Approves Weekly $25,000 FX Purchases for BDCs to Address Yuletide Demand
The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary access to purchase up to $25,000 in foreign exchange ...
Nigeria
Nigeria: CBN Temporarily Opens FX Window for BDC Operators at NFEM Rate
The Central Bank of Nigeria (CBN) has introduced a temporary window allowing Bureau de Change (BDC) operators to access US dollars at the ...
Regulatory
Global: Mastercard Partners with Türkiye’s Dgpays to Drive Digital Payment Adoption
Mastercard has announced a strategic partnership with Türkiye-based FinTech company Dgpays to accelerate the adoption of digital payments across Eastern Europe, the Middle ...
Nigeria
Nigeria: CBN Imposes Daily Cash Transaction Limit of N100,000 for POS Agents
The Central Bank of Nigeria (CBN) has introduced a daily cash transaction limit of N100,000 per customer for Point-of-Sale (POS) agents as part ...
Regulatory
Global: Dutch Authority Fines Netflix $4.95 Million for GDPR Violations
The Dutch Data Protection Authority (Dutch DPA) has imposed a fine of €4.75 million (approximately $4.95 million) on Netflix for alleged violations of ...
Nigeria
Nigeria: Nigerian Capital Market Positioned to Propel $1 Trillion Economy – SEC
The Nigerian capital market is strategically positioned to support the Federal Government’s ambitious agenda of transforming the national economy into a $1 trillion ...
Nigeria
Nigeria: Nigerian Capital Market Positioned to Propel $1 Trillion Economy – SEC
The Nigerian capital market is strategically positioned to support the Federal Government’s ambitious agenda of transforming the national economy into a $1 trillion ...
Global
Global: G20 Financial Watchdog Calls for Action on Non-Bank Financial Risks
ZURICH, Dec 18 – The Financial Stability Board (FSB), the financial risk oversight body for G20 nations, has issued a call to action ...
Nigeria
Nigeria: Jaiz Bank Meets CBN’s Revised Capital Requirement, Strengthens Leadership in Ethical Banking
Jaiz Bank Plc, Nigeria’s leading non-interest financial institution, has successfully met the new minimum capital requirements set by the Central Bank of Nigeria ...
