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Cashfree gets the backing of State Bank of India
Bengaluru-based Cashfree announced that the State Bank of India (SBI) has invested an undisclosed amount. The country’s largest public sector lender- SBI joins ...
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UNObank gets digital banking licence in Philippines
UNObank, a Singapore-based fintech, has received a licence to operate a digital bank in the Philippines. Â Uno, which is operated by Digibank ...
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Wema Bank launches *945# Democracy Campaign
As Nigeria marks 22 years of unbroken civilian rule, leading innovative financial institution, Wema Bank, is celebrating the occasion with its customers by ...
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Basel Committee Says It Will Study Crypto-Asset Rules
The Bank for International Settlements’ Basel Committee plans to hold a public consultation on the treatment of crypto-asset exposures. The committee said it ...
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Ethiopia fintech startup launches digital savings app eQub
eQub, the Ethiopia-based digital savings app, that allows users to “dip into their future savings’ ‘ has been launched by eQub Financial Technologies, ...
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CBN increases forex allocations to banks for SMEs, tuition fees, travellers
The Central Bank of Nigeria (CBN) has announced an increase in the amount of foreign exchange allocated to banks to meet the requests ...
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Bank of England Releases Discussion Paper on Stablecoins, CBDC
The Bank of England released a second discussion paper exploring new forms of digital money including stablecoins and a potential U.K. central bank ...
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MultiChoice enhances digital customer service with AI Chatbot
MultiChoice has enhanced its digital customer service with an Artificial Intelligence (AI) chatbot. The new product is dubbed TUMI “The Ultimate Master of ...
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HSBC opens API developer portal
HSBC has opened an API developer portal for firms to try out and integrate the bank’s suite of application programming interfaces. The initiative ...
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Bank of Ghana announces CBDC project
The Governor of the Bank of Ghana has announced that the central bank has been working on a central bank digital currency (CBDC). ...