Africa
African Banks Brace for Cybersecurity Challenges as Grandoreiro Malware Threatens Sector
Africa’s financial sector faces heightened cybersecurity risks following the emergence of Grandoreiro, a sophisticated malware targeting banks. This development underscores the critical need ...
News
Nigeria: Access Bank Introduces Mandarin Feature on AccessMore App to Serve Chinese Clients
Access Bank has made a strategic move to enhance its services for Chinese enterprises and expatriates in Nigeria by introducing a Mandarin language ...
Kenya
Kenyan Fintech Leader Leja Processes $2 Billion in Transactions in 2024
Kenyan fintech startup Leja has achieved a groundbreaking milestone, processing $2 billion in business-to-business (B2B) payments within just one year of launching its ...
Global
Global: Revolut Sets Sights on Becoming New Zealand’s First Global Digital Bank
Revolut, the UK-based FinTech giant, is extending its global reach with a strategic focus on New Zealand. While the company already serves customers ...
Global
Global: Banks Explore Stablecoins to Transform Cross-Border Payments
The inefficiencies of traditional cross-border payments—characterized by high fees, slow processing times, and a lack of transparency—may soon be a thing of the ...
Africa
African Development Bank Commits $24 Million to West African Development Bank to Strengthen Regional Growth
The African Development Bank Group (AfDB) has announced a $24 million equity investment in the West African Development Bank (BOAD) to enhance business ...
Global
Global: Citi, JP Morgan, and Partners Complete Tokenization Settlement Trials
A consortium of leading financial institutions, including Citi, JP Morgan, Mastercard, and others, has successfully concluded simulated trials of the Regulated Settlement Network ...
Global
Global: Philippines Completes Trial for Wholesale CBDC
The Bangko Sentral ng Pilipinas (BSP) has successfully concluded its Proof of Concept (PoC) trials for Project Agila, the Philippines’ wholesale central bank ...
Global
Global: Oradian Drives Sustainable Financial Inclusion with Cutting-Edge Core Banking Solutions
In recent months, discussions around core banking applications have surged in Nigeria, sparked by major banks transitioning to new platforms. These migrations underscore ...
News
Nigeria: Lagos Partners with EU-Africa Chamber to Advance Tech Transfer and Sustainable Development
The Lagos State Government, through the Office of Special Adviser on Climate Change and Circular Economy (OCCE), has signed an Expression of Interest ...