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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 ...
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TradeFi launches seamless Mobile Financial Investment
TradeFi is a mobile (and web) application that enables individuals to invest in financial instruments such as the Federal Government of Nigeria (FGN) ...
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CRC Credit Bureau launches solution to limit lending risks
CRC Credit Bureau Limited has announced a data-enabled solution, CRC Returnex, which will provide lending institutions with the means of using artificial intelligence ...
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Powell Says Central Bank Digital Currency Must Coexist With Cash
Potential central bank digital currencies would need to be integrated into existing payment systems alongside cash and other forms of money, Federal Reserve ...