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). ...
News
Nigeria: Optimus Bank Commences Full Operations, Focusing on Innovation and Financial Inclusion
Optimus Bank Limited, a fully licensed national commercial bank, has officially inaugurated its operations in the country. The bank’s grand opening and formal ...
Global
Global: Apple’s 1 Billion Subscribers Showcase the Power of Ecosystems in Cultivating Customer Loyalty
Retail subscription commerce has gained remarkable traction, with a growing number of consumers seeking streamlined ways to explore fresh content and services in ...
News
Nigerian Naira Continues Depreciation as FX Market Conditions Deteriorate
The Nigerian naira is experiencing further depreciation, driven by the persistent pressure on the foreign exchange (Forex) market caused by a sustained shortage ...
Kenya
Kenya: Airtel Money Increase Daily Transaction Limit, Allowing Transactions up to Sh500,000
Airtel Money customers can now enjoy an expanded financial scope, as the mobile money provider has received regulatory approval from the Central Bank ...
Ghana
Ghana: GSE Names Frank Berle as Deputy Managing Director
The Ghana Stock Exchange (GSE) has announced the appointment of Frank Yoofi Mensa Berle as its Deputy Managing Director, effective from July 11, ...
