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Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees
Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer ...
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Jamaica records 39% surge in net remittance inflows in January 2021
…assisted by 17.3% decline in outflows Jamaica recorded a big surge in net remittance inflows of US$224.4 million in January 2021, representing a ...
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The race towards a CASHLESS Africa
Globally, economies are in various stages of development having either started developing, replaced or are busy replacing daily batch payment systems with real-time ...
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Ghana: Mobile Money Accounts Hit 1.2 Billion in 2020 … Driven By the Global Pandemic
There has been dramatic acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions, GSMA ...
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Uganda: Bank of Uganda Keeps Policy Rate Unchanged at 7% for April
Uganda’s Central Bank kept its benchmark policy rate unchanged at seven percent Wednesday in a strategic move that promises stable lending rates amidst ...
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Turkey bans the use of crypto
The Central Bank of the Republic of Turkey has announced it is banning the use of cryptocurrency for payments throughout the country. The ...
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Forter, Flutterwave join forces to help merchants identify fraudsters
Ecommerce fraud prevention company Forter has announced a partnership with Flutterwave, Africa-based payments technology company. The partnership aims to enable merchants to accurately ...
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Brexit hit the UK harder than expected, Reuters
UK-based financial companies have shifted USD 1.4 trillion in assets to hubs in the EU due to Brexit, according to a study from ...
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RBL Bank, Mastercard partner to launch mobile banking payment solution in India
RBL Bank and Mastercard have partnered to launch the Pay by Bank app, a mobile banking payment solution, in India. RBL Bank and ...
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Africa: Standard Bank Appoints Sanni Chief Executive for Africa
The Standard Bank Group, Africa’s largest bank by assets, has appointed Yinka Sanni as its new Chief Executive for Africa Regions and a ...