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UBA, Stanbic lead, as Nigerian banks boost loan books by N689.5 billion in Q1 2021
Nigerian Banks listed on the floor of the Nigerian Exchange Group Limited (NGX Plc) gave out additional N689.5 billion loans to their customers ...
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Bank of Mauritius Plans CBDC Pilot in 2021
The Bank of Mauritius is targeting a year-end rollout for the island nation’s central bank digital currency (CBDC) pilot, the central bank’s governor ...
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Monetary Authority of Singapore joins Mojaloop Foundation
The Monetary Authority of Singapore (MAS) has joined the Mojaloop Foundation, one of the first central bank to send a director to serve as an advisor ...
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Visa Fintech Partner Connect Program Expands To US, LAC, CEMEA and Asia Pacific
Visa Fintech Partner Connect, which was first rolled out in Europe last November, is now available for clients in the United States and markets throughout ...
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PRESS RELEASE – THE REGTECH ASSOCIATION OF HONG KONG GENERAL MEETING ANNOUNCEMENT
The RegTech Association of Hong Kong (the Association) held its General Meeting on Monday 24 May 2021 via Zoom and under the Chairmanship ...
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Futu to apply for digital currency-related licences
The Tencent-backed Futu has planned to apply for ‘digital currency-related licences’ in the US, Singapore and Hong Kong. China recently reiterated its stance ...
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Insurtech startup Obie raises $10.7M Series A led by Battery Ventures
Obie, which has developed an insurtech platform for landlords, has raised $10.7 million in a Series A funding round led by Battery Ventures. ...
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Safaricom opposes push to make M-Pesa separate unit
Safaricom will not spin out the lucrative M-Pesa unit into a stand-alone business, bucking the trend by other telcos such as Airtel Africa ...
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eCommerce Fraud Prevention Firm Forter Raises $300 Million
eCommerce fraud prevention company Forter has raised $300 million in a Series F funding round, according to a press release. This marks a ...
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Dubai Debuts Own Cryptocurrency Valued At $0.17 Per Coin
Dubai is debuting a digital currency called DubaiCoin with an international starting price of $0.17 per coin, according to a press release. Consumers ...