Global
Global: Revolut and Visa Challenge PSR’s Plan to Cap Cross-Border Payment Fees
Revolut and Visa have launched legal challenges against the Payment Systems Regulator (PSR) over its decision to impose a cap on interchange fees ...
Africa
PAPSS Expands in Eastern Africa as KCB Group and Bank of Kigali Lead Cross-Border Payment Integration
The Pan-African Payment and Settlement System (PAPSS), spearheaded by the African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and ...
Africa
Africa: Kaspersky and Smart Africa Partner to Strengthen Cybersecurity Across the Continent
In a major stride toward securing Africa’s digital ecosystem, Kaspersky has entered into a three-year Memorandum of Understanding (MoU) with Smart Africa. This ...
Africa
Africa: Network International Partners with Airtel Money to Advance Digital Payments Across Africa
Network International, a prominent digital commerce facilitator in the Middle East and Africa (MEA), has joined forces with Airtel Money, the mobile financial ...
Fintech
Airtel Africa and Mastercard Introduce Virtual Payment Card to Expand Global Transactions
Airtel Africa has joined forces with Mastercard to launch the “Airtel Money GlobalPay Card”, a virtual payment solution designed to enhance digital transactions ...
Fintech
Grain Secures $50M to Advance AI-Driven FX Optimisation and Hedging Platform
Grain, a fintech startup leveraging artificial intelligence to optimise foreign exchange (FX) transactions and hedging, has raised over $50 million to scale its ...
Global
Lloyds Banking Group Opens Applications for ‘Launch Innovation’ Programme
Lloyds Banking Group has announced the opening of applications for its 2024 ‘Launch Innovation’ programme, aimed at discovering new business partnerships and fostering ...
Fintech
Nigeria: Moniepoint Partners with Afrigopay to Expand Contactless Payments and Distribute 5 Million AfriGO Cards
Moniepoint Inc., a leading Nigerian fintech company, has partnered with Afrigopay Financial Services Limited (AFSL) to introduce tap-to-pay solutions and distribute 5 million ...
Fintech
Global: Mastercard Expands Middle East Presence Through Strategic Partnerships
Mastercard is strengthening its foothold in the Middle East through strategic collaborations with Emirates NBD, a leading financial institution in the MENAT (Middle ...
Innovation
Anthropic Secures $3.5 Billion to Advance Next-Generation AI Development
AI research company Anthropic has secured $3.5 billion in a Series E funding round, boosting its efforts to develop next-generation artificial intelligence (AI) ...