Global
Visa to enhance cross-border strategy with latest acquisition
Visa has once again shown its commitment to fintechs with the acquisition of Currencycloud. Currencycloud is a global platform that enables banks and fintechs to ...
Innovation
FinTech Platform Revix Explores Ways To Enable South Africans to Invest In AI, BioTech and 5G Technology
Revix, a FinTech investment platform, is exploring ways to enable South Africans to invest in popular technology such as artificial intelligence (AI), BioTech, and 5G. ...
Innovation
Insurtech platform Ctrl becomes 6th SA startup backed by Naspers Foundry, banks $2.3m
South African startup Ctrl, a digital short-term insurance marketplace connecting consumers, brokers and insurers on a single platform, has become the sixth startup ...
Africa
iSAT Africa and SES Networks to Provide Reliable 4G Services in East Africa via O3b mPOWER
Telco operators will be able to deploy high-performance 4G services in rural and remote areas, expanding their market reach in the region Communities ...
Global
Digital yuan pilots expand to insurance industry for the first time
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death ...
Global
Bank of Korea selects Kakao’s blockchain arm for digital currency tests
The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital ...
Global
Mastercard Taps Circle for USDC Settlement Pilot
Circle and Mastercard have announced an engagement to use USDC to facilitate crypto-to-fiat conversions in a pilot program to expand the ability of ...
Innovation
NITDA – GITEX 2021 Application Closed
Application has now closed for startups bringing innovative initiatives for their pitch in the NITDA – GITEX 2021 competition. Once accepted, the startups ...
Global
IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central ...
Africa
Ethiopia: NBE Launches Digital Payment Strategy
National Bank of Ethiopia (NBE) launched National Digital Payment Strategy (NDPS), which will be implemented in the coming three years aiming at digitalizing ...