News
Nigeria: CBN, AMCON announce sale of Polaris Bank
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase ...
Kenya
Kenya: Safaricom’s M-Pesa Social Value Impact Hit Sh275 Billion on Customers, Transactions Rise
Safaricom’s M-Pesa social value has increased by 14 per cent to Sh275 billion in financial year (fy) 2022, helping millions of Kenyans access ...
Ghana
Ghana: Banks Must Be Cautious In Granting Credit – GCB Bank, Deputy, Md
This is not the time for financial institutions to be very aggressive and bullish on granting credit, Socrates Afram, the Deputy Managing Director ...
Global
Global: Checkout.com Introduces Fraud Detection Tool for Merchants
The U.K.-based payments service provider Checkout.com on Wednesday (Oct. 19, 2022) announced the launch of a new anti-fraud tool, Fraud Detection Pro. Online fraud ...
Global
Global: Lloyds launches fintech sandbox with NayaOne
UK high street bank Lloyds has stepped up its efforts to engage with fintechs with the release of its Innovation Sandbox supported by ...
Kenya
Kenya: Safaricom fires 24 employees for M-Pesa fraud
Safaricom fired 24 employees in the year ended March 2022 for fraud-related offences, down from 28 a year before. The telco’s latest sustainability ...
Kenya
Kenya: 264,000 mobile phones switched off over SIM registration, says Chiloba
The Communications Authority of Kenya (CA) has instructed mobile network operators to deny service to millions of phone subscribers who have not registered ...
Global
Global: Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil
The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital assets ...
Africa
Africa: Navigating the financial landscape in turbulent times
Banks weathered the pandemic well, showing the resilience of the sector The European Investment Bank (EIB) (https://www.EIB.org) has completed its annual survey of ...
Eswatini
Eswatini: Central Bank of Eswatini partners with Giesecke+Devrient
The Central Bank of Eswatini has partnered with international technology group Giesecke+Devrient (G+D) to research and explore the development of a Central Bank ...
