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KPMG inches towards settlement with audit regulator over Carillion collapse
The big four accountancy firm KPMG is inching towards a financial settlement with regulators over its auditing of Carillion, the doomed construction group, ...
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Visa Faces Justice Department Probe On Debit Card Processes
Visa Inc. is facing a probe from the Justice Department concerning allegedly anti competitive processes in the debit card industry. The antitrust arm ...
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Visa hikes UK-EU online interchange fees; faces US investigation into debit card practices
Visa is set to take advantage of Brexit to raise interchange fees on cross-border transactions between the UK and EU, according to reports. ...
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51 percent of UK retailers offer deferred payment options, Forrester research
New research by Forrester has reviewed the UK retail landscape to reveal a low but growing trend for deferred payment services among UK ...
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UnionPay expands to 180 countries and regions
UnionPay International (UPI) has extended its services to 180 countries and regions, over half of which accept UnionPay mobile payments. With its network, ...
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O-CITY partners with Land Bank Philippines to power contactless payments
BPC’s smart city payment division, O-CITY, has announced its partnership with Philippines-based Land Bank to modernise digital payment in Public Utility Vehicles (PUVs). ...
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French Firm Launches Euro Stablecoin With Monthly Attestations From PwC
A new euro-backed stablecoin has been developed through a partnership between the Lugh Company and crypto trading platform Coinhouse, both based in France. ...
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CBN to sell N570bn Treasury Bills by Q2’21
The Central Bank of Nigeria said it will sell N570 billion worth of Treasury Bills (TBs) in the second quarter of 2021 (Q2’21). ...
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Backed by YC, Vendease is building Amazon Prime for restaurants in Africa
For small and mid-sized restaurants in Nigeria and most of Africa, food procurement can be a complex process to manage. The system is ...
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CBN intervenes in FOREX market with $5.62 billion in Q4 2020, up by 28.7%
The Central Bank of Nigeria has intervened in the foreign exchange market with sales of FOREX to dealers valued at $5.62 billion in ...