Intelligence
Nigeria: Access Bank Takes Top Spot As Nigeria’s Biggest Bank By Asset
The bank toppled Zenith that had been at the top spot by asset for 37 weeks. An appreciation of N1.537 trillion or 21.6 ...
Intelligence
Mastercard to invest $100 million in Airtel Africa’s mobile money unit
Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations valuing the business at $2.65 billion, the London-listed company said on ...
Intelligence
Uganda: Nearly Half of Bank Loans Restructured
Financial institutions have restructured nearly half of their loan portfolio, signaling the devastating effect of Covid-19 on the economy. Dr Adam Mugume, the ...
Intelligence
Crypto M&A Doubled to $1.1B in 2020: PwC
The value of mergers and acquisitions (M&A) in the crypto sector more than doubled to $1.1 billion in 2020, according to a new ...
Intelligence
Global real-time payments surge by 41 percent in 2020, ACI Worldwide research reveals
A report from ACI Worldwide and GlobalData has revealed that more than 70.3 billion real-time payments transactions were processed globally in 2020, a ...
Intelligence
11 Trends that Will Shape the Future of Ecommerce in 2021
2020 accelerated the pace of e-commerce by leaps and bounds. Trends like personalization and customer experience are shaping the way companies, and customers ...
Intelligence
Nigeria’s banks spend N12.2 billion on travel expenses – NSE Report
According to the Nigerian Stock Exchange (NSE’s) report, ten of the Nigerian banks spent a total of about N12.2 billion on travels for ...
Intelligence
World Bank, Pakistan ink deals for $1.3bn aid
The World Bank has signed agreements with Pakistan to provide $1.336 billion worth of assistance which would boost the country’s foreign exchange reserves ...
Intelligence
APP fraud continues to rise as criminals target bank customers online
The amount of money lost to victims of authorised push payments fraud in the UK rose to £479 million in 2020, as criminals ...
Intelligence
Identity fraud losses climbed to USD 56 bln in 2020
The 2021 Identity Fraud Study, released by Javelin Strategy & Research, has revealed that the total combined identity fraud losses climbed to USD ...