News
Global: Swedish Central Bank Urges Banks to Advance Tips Cross-Currency Payment Initiative
The Riksbank, Sweden’s central bank, has called on Swedish banks to actively participate in the ongoing development of instant cross-currency payments within Europe ...
News
Global: FTC Pushes for Ongoing Research on ‘Surveillance Pricing’
In the lead-up to President-elect Donald Trump’s inauguration, the Federal Trade Commission (FTC) released initial findings from its ongoing research into what it ...
News
Global: Markets Predict China Will Allow Slow Yuan Depreciation as Trump Returns to Power
Financial markets are signaling that China is permitting a gradual depreciation of the yuan, adjusting to a stronger U.S. dollar as it braces ...
News
Nigeria: BVN Now Mandatory for RSA Holders Starting February – PenCom
The National Pension Commission (PenCom) has announced that from February 1, Bank Verification Numbers (BVNs) will be mandatory for all Retirement Savings Account ...
Africa
Africa: Ethio Telecom Partners with AfDB to Propel Africa’s Digital Transformation
Ethio Telecom and the African Development Bank (AfDB) are collaborating on initiatives to advance Ethiopia’s digital economy and support Africa’s broader digital transformation ...
News
Global: SEC Charges Digital Currency Group for Misleading Investors
The United States Securities and Exchange Commission (SEC) has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro for allegedly ...
Innovation
Global: DORA Implementation Begins Today
The Digital Operational Resilience Act (DORA) is now officially in effect across the European Union. This regulation establishes a unified framework to strengthen ...
Innovation
Global: GLEIF and Companies House Link Up to Boost Identifiability and Discoverability of UK Businesses Globally
The Global Legal Entity Identifier Foundation (GLEIF) today announces a new initiative with the UK business registry, Companies House, to simplify and accelerate ...
Fintech
Global: FinTech IPO Index Rises 3% as Katapult Shares Surge on Q4 Growth
The FinTech IPO Index posted a 3% gain this week, driven by significant movements in individual stocks, including Katapult, whose shares soared by ...
News
Nigeria: Interbank Rates Drop as Banking System Liquidity Deficit Eases
The liquidity deficit in Nigeria’s banking system moderated significantly, closing at ₦190.50 billion on Thursday, down from ₦249.3 billion reported earlier in the ...