Global
Global: ACI Worldwide Unveils Comprehensive Digital Infrastructure for Real-Time Payments
ACI Worldwide, a leading provider of real-time payments software, has introduced an all-encompassing digital central infrastructure solution tailored for central banks and financial ...
Africa
African Union Sets Sights on Launching Its Credit Ratings Agency
The African Union (AU) is gearing up to establish its own African credit rating agency next year, aiming to address concerns that current ...
Global
Global: Swift Commences Beta Testing for CBDC Connector
Swift, the interbank co-operative, is collaborating with three central banks and 30 financial institutions to conduct beta tests of an innovative approach to ...
Global
Global: HSBC Introduces Multi-Market Business Account Opening Solution in 20 Markets
HSBC has unveiled a dedicated digital platform that enables business and corporate clients to initiate account openings for multiple business entities across various ...
Africa
Africa: Afreximbank Aims to Double Intra-African Trade Financing to $40 Billion
The African Export-Import Bank (Afreximbank) has set an ambitious goal to double its financing of intra-African trade, aiming to reach $40 billion on ...
Global
Global: UK Banks Shift Focus Away from Metaverse Investments
The enthusiasm among UK banks for investing in technologies related to the Metaverse, such as virtual reality (VR) and augmented reality (AR), is ...
Global
Global: Visa Introduces Innovative Global Cross-Border Money Movement Solution
Visa has harnessed the capabilities of its Currencycloud acquisition to unveil an innovative global cross-border money movement service designed for various entities, including ...
Kenya
Kenyan Banks Launch Climate-Related Financial Disclosure Template to Mitigate Climate Risks
Kenyan banks unveiled a climate-related financial disclosure reporting template aimed at outlining how the nation’s commercial banks can effectively manage financial risks associated ...
News
Nigeria: Naira Declines 7% as FTSE Russell Downgrades Nigeria Index
The Nigerian Naira’s value fell by 7.08% against the US Dollar in the Investors’ and Exporters’ FX Window, closing at a rate of ...
News
Nigeria: Presidential Committee Clarifies Tax Reforms, Assures No New Taxes or Higher Rates
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has emphasized that the federal government does not intend to ...