Global
Contactless card payment limit in UK to rise to GBP 100 from 15 October
UK Finance, the regulatory body representing banks, has announced that shoppers in the UK will be able to spend up to GBP 100 ...
Global
Bank Central Asia (BCA) to pump USD 200 million in digital unit
Bloomberg has reported that Indonesia-based BCA has decided to invest USD 200 million in its digital arm to match competitors’ efforts in one of the world’s ...
News
Nigeria: MTN’s MoMo Agent increased by 121,000 in H1 2021
MoMo Agent Network, operated by Y’ello Digital Financial Services, a subsidiary of MTN Nigeria, added 121,000 customers in the first half of year ...
Africa
AVCA to upskill Africa-focussed private capital professionals
The African Private Equity and Venture Capital Association will establish an AVCA Training Academy to provide private investment professional development across the continent. As a ...
News
Rwanda: MTN to introduce charge on Momo-Pay for merchants
Mobile Money Rwanda will effective September 1, charge merchants and businesses a 0.5 per cent commission on payment received through the popular payment mode. ...
Global
UK Regulator FCA Says Crypto Exchange Binance Has Complied With Its June Requirements
The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on ...
Ghana
Ghana: Tax Assessment, Payment App in the Offing – VP Bawumia Reveals
The Ministry of Finance and the Commissioner General of the Ghana Revenue Authority, working with the Economic Management Team, have initiated work on ...
Egypt
EGYPT: BANKS WARN AGAINST FRAUDULENT PRACTICES FOLLOWING BANQUE MISR PHISHING INCIDENTS
Banks operating in the Egyptian market have warned their customers of fraudulent practices that they could be exposed to as a result of ...
News
Nigeria: FIRS fines Multichoice with $2.2 billion tax bill
The tax dispute between the Federal Inland Revenue Service (FIRS) and MultiChoice Group Ltd., Africa’s biggest pay-TV provider, has intensified, as the authorities ...
Ghana
Bank of Ghana wins in international arbitration against Sibton Switch Limited
The Bank of Ghana (BoG) has won an international arbitration of $478million against Sibton Switch Limited. The case adjudicated under the auspices of ...