Global
Global: Wirex Collaborates with Sumsub to Ensure Virtual Asset Compliance and Transaction Security
Wirex, a digital payment company, has joined forces with Sumsub, a global verification platform, to enhance its compliance with regulatory requirements. Sumsub will ...
Ghana
Ghana: Enhanced Remittance Experience for Vodafone Cash Subscribers Through New Remitly Partnership
Vodafone Cash has unveiled a strategic alliance with Remitly Inc., a distinguished international money transfer company from Seattle, renowned for its presence on ...
Ethopia
Ethiopia: Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
Safaricom’s M-Pesa mobile money service has been officially launched in Ethiopia, marking a significant move for the Kenyan telecoms operator as it aims ...
Kenya
Kenya Collaborates with UNDP for Digital ID Support and Introduces “Maisha Namba”
Kenya has entered into a Memorandum of Understanding with the United Nations Development Programme (UNDP) to provide support for the country’s digital identity ...
Global
Global: Indonesia and Singapore to Implement QR Code Payments for Cross-Border Transactions
The central banks of Indonesia and Singapore are gearing up to integrate QR code technology into their payment systems, allowing for seamless cross-border ...
Africa
New African fraud statistics- Cryptocurrency Fraud Spikes, Deepfake Fraud Emerges, and Forced Verification Alarms
Sumsub, the leading full-cycle verification platform offering customizable KYC, KYB, transaction monitoring, and AML solutions for seamless customer journeys, announces its strengthened presence ...
Global
Global: UK Launches £1 Billion Fintech Fund to Compete with Silicon Valley
The United Kingdom has introduced a £1 billion Fintech Growth Fund, partnering with major players like Mastercard, Barclays, and the London Stock Exchange ...
Global
Global: Mastercard Unveils CBDC Partner Programme Featuring Ripple and ConsenSys
Mastercard has introduced a central bank digital currency (CBDC) partner programme that includes notable firms like Ripple and ConsenSys, as part of an ...
Global
Global: Fitch Warns of Possible Downgrade for Multiple Banks, Including JPMorgan
An analyst at Fitch Ratings has issued a caution that U.S. banks, including JPMorgan Chase, could face potential downgrades if the agency further ...
News
Nigeria: Naira Makes Rebound, Trades at 850 Against Dollar on Parallel Market
The Nigerian naira exhibited a rebound against the United States dollar in the parallel market, concluding at 850/dollar on Wednesday (August 16, 2023). ...