Intelligence
$13.6 Billion Stolen In 8 Years By Exploiting Blockchain-Based Projects
After peaking in 2019, the number of attacks against various blockchain-based networks has decreased substantially since the start of 2020. A recent report ...
Intelligence
Fintech, e-commerce firms go big in buy now, pay later service ahead of festival season
Pay-later loans have higher interest rates of 20-36% per annum compared to traditional loans Fintech companies and e-commerce firms are increasingly focussing on buy-now-pay-later options, ...
Intelligence
Banks’ borrowings from CBN crashes by 93%
Deposit Money Banks’ reliance on the loans from the Central Bank of Nigeria (CBN) fell sharply by 93 percent in August, driven by ...
Intelligence
Simplifying Australia’s payments industry
The ordinary consumer doesn’t really need to understand the workings of the payments system. They simply want to pay for something and know ...
Intelligence
Blockchain-related hacks have declined in 2020
The amount of cryptocurrency and blockchain-related hacks has been decreasing over the course of 2020, a new report claims. According to data analyzed ...
Intelligence
Remittance Costs Lower in Q3 World Bank Study Shows – Only Cryptocurrencies Meeting UN Goal
The latest study by the World Bank shows that it costs 4.98% on average to remit funds to South Asia which makes it ...
Intelligence
Fintech and farming: how mobile money impacts sub-Saharan agriculture
On a continent where extreme poverty and food insecurity plague nearly half the population, innovations that support the agricultural industry are essential. Few ...
Intelligence
Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering ...
Intelligence
Consumers overall confidence index dipped by 25% – CBN
The consumers’ overall confidence index dipped to -21.2 points as at the third quarters of 2020(Q3,2020), down by 25.0%, from 3.8 points it ...
Intelligence
Blockchain in Payments Report 2020 – From Adoption To Growth
The annual Ripple Blockchain in Payments Report for 2020 presents a comprehensive look into the fintech industry and blockchain’s increasing role in payments. ...