Global
Amazon bags record $886.6 million European Union data fine
Lately, tech companies are getting a lot of sticks from regulators globally due to data violations. Tech companies in China like Alibaba, Didi ...
Regulatory
Tanzania: Pesapal secures TCRA License
Pesapal has received the National Application Service License (AS) from Tanzania Communications Regulatory Authority (TCRA). “The acquisition of this license which is under ...
Global
Philippines: Peppermint gets granted financial lending licence
Securities Exchange Commission in the Philippines has granted Peppermint a financial lending licence, allowing it to offer alternative non-bank micro-enterprise loans. The financial lending service – ...
Global
Brazil: BCB publishes details about Open Banking phase 2
The Central Bank of Brazil has published a new set of dates and details regarding the country’s push towards phase 2 of Open Banking. Information on the ...
Global
Financial regulators urgently need to get a grip on ‘Big Tech’ -BIS
Central banks and financial regulators urgently need to get to grips with the growing influence of ‘Big Tech’, according to top officials from ...
Regulatory
South Africa’s Digital Currency Study Ongoing – Central Bank Governor
South African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the feasibility of issuing ...
Global
Brazilian Central Bank Projects ‘Significant Migration’ to Digital Payments – Director
A significant migration from paper currency to digital means of payment will take place in the next few years, according to João Manoel ...
Nigeria
Nigeria: NCC Sets Fresh Operational Fees, Spectrum Prices for Telecom Operators
The Nigerian Communications Commission has set up an annual operating regulatory levy to ensure that all licensees are properly and equitably assessed to ...
Regulatory
Uganda: Non-Performing Loans Increase to 5.4 Per Cent
Bank of Uganda has said commercial banks’ asset quality declined slightly, with the share of non-performing loans increasing to 5.4 per cent from ...
Global
Ukraine central bank now officially allowed to issue digital currency
The Ukrainian government is moving forward with its central bank digital currency (CBDC) plans, as the National Bank of Ukraine (NBU) is now ...