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BIS researchers argue for collaboration to harness the potential of CBDCs to enhance cross-border payments
A group of researchers writing for the Bank of International Settlements released a paper last week that explores the implications of central bank ...
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Waterfund commits $50M to OurCrowd’s water and agtech portfolio
Waterfund, an investment and trading firm that specializes in acquiring and managing water-related infrastructure assets has announced a deal with Israel-based crowdfunding platform OurCrowd that ...
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Bolt gets IFC’s €20million to increase access to mobility services
Bolt is partnering with International Finance Corporation (IFC), a member of the World Bank Group, to promote access to on-demand mobility services in ...
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Banco Sabadell rolls out subscription management software
Banco Sabadell is to roll out a subscription management service to mobile users following a three-month collaboration with Swedish startup, Minna Technologies. Piloted ...
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KogoPAY, iDenfy expand partnership to provide streamlined digital identity verification
Identity verification services provider iDenfy has expanded its partnership with payment services app KogoPAY to enhance customer experiences. According to the press release, the partnership with iDenfy ...
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FirstBank to accept only new bank cheque from April 1st
The newly redefined and standardised cheque for the banking system is due to take effect on January 1, 2021. The Central Bank of Nigeria (CBN) ...
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KCB loses Sh2.2bn mobile revenue on free M-Pesa
KCB Group lost Sh2.16 billion mobile banking revenue in 2020 on waiver of transaction fees charged to customers in the wake of Covid-19 ...
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BOI secures N300 million loan for creative sector – VP Osinbajo
Vice President Yemi Osinbajo announced that the Bank of Industry(BoI), has secured a N300 Million loan for Nigerian creatives, the loan is also ...
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MTN acquires additional 800 MHz spectrum
MTN Nigeria has announced its acquisition of an additional 10MHZ spectrum in the 800MHz band from Intercellular Nigeria Limited. This was disclosed in ...
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Revolut applies for bank charter in the US
London-based fintech startup, Revolut has announced that it is applying for a bank charter in the U.S. The company has submitted a draft application with ...