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CBDC: changing the geography of central bank money
Central bank digital currencies (CBDC) have seen a significant increase in interest. But what contribution are they expected to make and what concerns ...
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Bunq becomes first European issuer to launch True Name Cards
Dutch digital bank bunq has become the first European issuer of Mastercard True Name cards, offering transgender and non-binary people the ability to ...
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Access Bank Buys Mozambique’s african banking corporation in latest expansion frenzy”
Access Bank Plc is looking to consolidate its operations in Mozambique into a single financial services unit, and hope that gaining new grounds ...
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ZUGACOIN hits $392,000 , becomes the most expensive and valuable Cryptocurrency in the world
Zugacoin, the first Cryptocurrency in Africa, officially unveiled on the 1st of December 2020 has again tripled its value. Zugacoin which is aimed ...
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FMDQ Exchange admits Mixta Real Estate CP
FMDQ Securities Exchange Limited has approved the quotation of Mixta Real Estate Plc’s N0.96 billion series 35 Commercial Paper (CP) under its N20.00 ...
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Ghana: Prudential Bank Puts Customers First ..Establishes Contact Centre
Prudential Bank has established a state-of-the-art Customer Experience Centre in Accra. The establishment of the centre provides the bank with real-time engagement with ...
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WorldRemit backs CBN’s extension of naira-4-dollar scheme
WorldRemit, a global cross-border payments company, has expressed support for the Central Bank of Nigeria’s decision to extend the deadline of the Naira-4-Scheme ...
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Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities
Wells Fargo (WFC.N) has launched a 10-year commitment to help unbanked individuals in the United States gain access to affordable, mainstream bank accounts, ...
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National Bank of Egypt and LuLu International Exchange Connect Through RippleNet to Elevate Remittance Experience into Egypt
Ripple has announced our partnership with the National Bank of Egypt (NBE), the North African country’s largest bank. Through Ripple’s global payments network ...
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State-backed digital currencies can disrupt financial systems: Report
Central bank digital currencies, or CBDCs, could pose a threat to financial systems if related risks are not managed, Big Three credit agency ...