Innovation
Tanzania: Tigo Pesa partners BoA to Launch ‘Kibubu’
TIGO Pesa and the Bank of Africa (BoA) have launched a mobile money savings product dubbed as Tigo Pesa ‘Kibubu’ that enables their ...
Innovation
SA: Vodacom rolls out 5G network in ‘Free State’ province
Vodacom Central Region has switched on 5G mobile network in Mangaung Municipal District, in the Free State province of South Africa. The telecom ...
Global
India: GooglePay users can now open a Time deposit account
Google partners with Equitas to offer time deposits to users of its payments wallet, extending its presence in the nation’s lucrative digital banking ...
Innovation
Nigeria: SEC creates Fintech division to understudy cryptocurrency investments
The Securities and Exchange Commission (SEC) said that it has set up a Fintech division to study cryptocurrency investments and products in order ...
Innovation
Rwanda: New SIM Card Registration Process to Curb Fraud – RURA
Telecom operators will be implementing new directives for SIM card registration in a move Rwanda Utilities Regulatory Authority (RURA) said will help curb ...
Global
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital ...
Global
Central Bank Digital Currencies to Be Tested in BIS Experiment
The Bank for International Settlements will test the use of central bank digital currencies with Australia, Malaysia, Singapore and South Africa in an ...
Global
Chinese Regulator Aims to Digitize Securities Market Using Blockchain and Smart Contracts
China Aims to Digitize Financial Markets Using Blockchain The China Securities Regulatory Commission (CSRC) is interested in digitizing much of the securities and futures markets ...
Innovation
SA: Old Mutual, targeting fintech and insurtech for future growth
One of South Africa’s oldest financial services group Old Mutual says it delivered a solid set of financial results, with growth in both ...
Global
MAS Announces 15 finalists for the Global CBDC Challenge; over 300 submissions from 50 countries received
The Monetary Authority of Singapore (MAS) has announced the 15 finalists for the global competition to develop retail Central Bank Digital Currency (CBDC) ...