Global
Global: Thai PM Affirms Commitment to $14.3 Billion ‘Digital Wallet’ Scheme Despite Potential Delay
Thai Prime Minister Srettha Thavisin reiterated on Friday that his government remains committed to its ambitious $14.3-billion ‘digital wallet’ handout scheme, designed to ...
Libya
Libyan Islamic Bank Elevates Digital Customer Experience Through Backbase Partnership
Libyan Islamic Bank (LIB) is taking bold strides to streamline its customer service operations and elevate the digital banking experience for its customers. ...
Ghana
Ghana: IMF Greenlights $600 Million Payout to Ghana Within Loan Program
The International Monetary Fund’s board granted approval for the initial review of Ghana’s loan program on Friday, resulting in the immediate disbursal of ...
News
Bank of Uganda Liquidates EFC Uganda and Revokes License
The Bank of Uganda has taken decisive action by liquidating and revoking the license of Entrepreneurs Financial Center (EFC) Uganda, leading to its ...
Global
Global: ICBC Set to Pay $32.4 Million to US Regulators for AML Lapses and Supervisory Information Disclosure
The Industrial and Commercial Bank of China Ltd (ICBC) and its New York branch are slated to pay $32.4 million in penalties due ...
News
Zimbabwe: RBZ Governor Mangudya Asserts Temporary Nature of Zimbabwe’s Currency Turmoil
Zimbabwe’s recent currency turmoil, particularly evident on the parallel market in the past three weeks, is deemed “temporary,” according to the Reserve Bank ...
News
Uganda: Access Bank to Acquire 80% Stake in Ugandan Finance Trust Bank
Access Bank, a flagship subsidiary of Access Holdings Plc, has initiated a transaction to acquire a majority equity stake, approximately 80%, in Uganda-based ...
Global
Global: Vodafone and Microsoft Forge $1.5 Billion Cloud and GenAI Partnership
Vodafone has entered into a groundbreaking agreement with Microsoft, pledging a $1.5 billion investment over the next decade to foster the development of ...
Global
Global: U.S. Banks Rally to Revise Basel Capital Rule Amidst Growing Opposition
On Tuesday, U.S. banks are set to advocate for a significant overhaul of a draft rule on bank capital in their ongoing efforts ...
Global
Global: RBI Proposes Draft Framework for Fintech Self-Regulatory Body in India
The Reserve Bank of India (RBI) has released a draft framework urging Indian financial technology (fintech) firms to establish a self-regulatory organization (SRO) ...