Global
Global: Saudi fintech PayTabs acquires Turkey’s Paymes
Paymes, the largest social commerce network in Turkey, has been purchased by PayTabs, a Middle Eastern, African, and South Asian payment service company. ...
Global
Global: Meta to settle Cambridge Analytica case for $725-million
Facebook owner Meta Platforms has agreed to pay US$725-million (R12.4-billion) to resolve a class-action lawsuit accusing the social media giant of allowing third ...
Global
Global: FTX Co-founder, Alameda CEO Plead Guilty For Fraud
FTX co-founder, Gary Wang, and Former Alameda Research CEO, Caroline Ellison have pleaded guilty to fraud. This development was announced by the United ...
Global
Global: Brazilian President Signs Off on National Crypto Rules
President Jair Bolsonaro of Brazil has approved a bill of crypto industry regulations most recently passed by the nation’s Senate and Chamber of ...
Global
Global: Germany orders Standard Chartered to hold more capital
The German financial regulator BaFin said on Thursday (December 22, 2022) that it had ordered the local operations of Standard Chartered to hold ...
Global
Global: UAE fines six companies $871,000 for breaking anti-money laundering law
The UAE has fined six companies Dh3.2 million ($871,000) for breaching provisions of the Anti-Money Laundering and Counter Terrorism Financing law as the ...
Global
Global: Deloitte fined £900,000 by watchdog over SIG audit failures
Deloitte has been fined more than £900,000 by the accounting watchdog after failures in its audit of the building materials firm SIG. The ...
Global
Global: Jordan Kuwait Bank taps Codebase for digital onboarding and instant credit services
Jordan Kuwait Bank (JKB) has selected Codebase Technologies’ Digibanc platform to power its omnichannel digital onboarding service and to enable instant credit card ...
Global
Global: First banknotes featuring King Charles unveiled
The Bank of England has unveiled its first banknotes featuring King Charles. The notes will gradually replace those featuring his mother, Queen Elizabeth ...
Global
Global: British bank TSB fined £48.65 million over IT platform migration failures
British lender TSB has been fined £48.65 million ($59.07 million) over a botched IT platform migration in 2018, the Financial Conduct Authority and ...
