Regulatory
Digital Wallet Apple Pay Draws Antitrust Scrutiny
Apple’s digital wallet Apple Pay is under fire for possible antitrust violations, adding to the previous scrutiny over alleged anticompetitive behavior in its App Store, ...
Regulatory
CBN directs banks to close naira accounts of money transfer operators
The Central Bank of Nigeria ( CBN) has ordered Deposit Money Banks (DMBs) to close all the naira accounts of International Money Transfer ...
Regulatory
SIM Card Deadline – NIMC assures of adequate preparations
The National Identity Management Commission (NIMC) Thursday said that there is no cause for panic regarding the two weeks deadline for deactivation of ...
Regulatory
Central Bank of Kenya ends free M-Pesa transfers
The Central Bank of Kenya (CBK) has lifted the waiver on mobile money transaction fees under Sh1000 beginning January. CBK says only mobile ...
Regulatory
New CBN guidelines ban MMOs, PSPs, Operators from receiving diaspora remittances
The Central Bank of Nigeria has issued additional guidelines for diaspora remittances in the country The Central Bank of Nigeria has issued additional ...
Regulatory
NCC DIRECTS MOBILE OPERATORS TO BLOCK LINES WITHOUT NIN AS FROM 31 DEC 2020
The Nigerian Communications Commission (NCC) has instructed mobile operators in the country, MTN, Airtel, Glo and 9 Mobile, to block all SIMs without National Identity ...
Regulatory
Bank of France’s Deputy Governor Discusses CBDC Progress, Regulatory Changes
Bank of France Deputy Governor Denis Beau, speaking at the recent Paris Blockchain Summit, discussed the progress being made with the central bank ...
Regulatory
CBN Releases New Operational Template to Enhance TSA Collections
The Central Bank of Nigeria (CBN) has introduced a new pricing regime for the enhanced Treasury Single Account (TSA) e-collection model. According to ...
Regulatory
EMTECH Unveils Sandbox To Streamline Central Bank Regulatory Reviews
EMTECH is rolling out its new Modern Central Bank Sandbox, which will help to streamline regulatory reviews and test central bank digital currencies (CBDCs), ...
Regulatory
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on ...
