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South Africa’s central bank begins preliminary study for retail CBDC
South Africa is the latest country to begin exploring the possibility of creating its own sovereign digital currency. According to a release issued ...
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Thailand’s Siam Commercial Bank to launch online travel app
Thailand’s oldest lender, Siam Commercial Bank Pcl (SCB) (SCB.BK), said it plans to launch a hotel booking application next year that does not ...
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Dutch central bank rolls back on tighter checks for digital currency withdrawals
The central bank of the Netherlands, DNB, has reversed its recent decision to tighten up the rules around withdrawals from cryptocurrency exchanges, over ...
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Mastercard joins $25 million round in Australia’s mx51
Mastercard has joined a $25 million funding round in Australian payments-as-a-service fintech mx51. The funds represent mx51’s first major round of investment, secured ...
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Bank of Korea Seeking Technology to Develop Digital Currency
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology ...
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Online Learning in Rwanda Facilitated through a Partnership between the VVOB, the Mastercard Foundation’s Leaders in Teaching Initiative, and the Enabel
With the support of the Mastercard Foundation, the Belgian Government (the Directorate-General for Development Cooperation-DGD), and VVOB – education for development, 3,000 laptops ...
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Liberia: CBL to Tackle Nonperforming Loan
Following the quarterly meeting of its Monetary Policy Committee (MPC) on 19 May 2021, the Central Bank of Liberia (CBL) resolved to strengthen ...
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Sumitomo teams with Vodafone to win Ethiopia telecom project
Sumitomo Corp. will offer mobile services in Ethiopia as part of a consortium with British telecom provider Vodafone Group, becoming the first Japanese ...
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finAPI, MockBank allow new Open Banking testing options
After a successful pilot phase, Germany-based fintech finAPI has announced a close partnership with MockBank in Munich. Via MockBank, a dummy bank for ...
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Square and Plaid partner for ACH payments
Square and Plaid have partnered to bring a better ACH payments experience to ecommerce businesses in the US, according to the official press ...