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Virtual cards break the check habit for B-to-B payments
In the wake of the many changes this year has brought, companies are moving toward making more of their supplier payments electronically. It’s ...
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ECB Lays Ground for Further Eurozone Bank Consolidation
The ECB’s newly published guide on its supervisory approach to consolidation in the eurozone banking sector indicates its openness to large-scale cross-border mergers ...
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CBN issues framework for QR payments
The Central Bank of Nigeria has issued the framework that would guide Quick Response (QR) Code Payments in Nigeria. This is a proactive ...
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Digit Insurance becomes first unicorn of 2021 with $1.9 billion valuation
Fairfax-backed digital insurance company Digit Insurance disclosed on January 15 that it has achieved a valuation of $1.9 billion, becoming the first start-up ...
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Uniswap Now Has More Than $3 Billion in Liquidity
The DEX’s liquidity has surged after suffering a massive decline in November. Uniswap’s liquidity peaked in November 2020 at $3.36 billion, then declined ...
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Entrepreneur builds business that trains tech professionals and matches them with employers
At a young age, Amadou Daffe loved to reconfigure his and his sister’s electronic toys – and as he grew up, his curiosity ...
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China’s blockchain project BSN to pilot global CBDC system in 2021
The Chinese national blockchain project, the Blockchain Service Network, is planning to pilot integration with global central bank digital currencies. According to a ...
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New Zealand reserve bank governor apologises over ‘serious’ cyberattack
The head of the Reserve Bank of New Zealand (RBNZ) has apologised after a recent cyberattack led to a serious data breach at ...
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E.F. Network to provide internet services in Nigeria
A multinational technology company and major global player in wireless/virtual technologies, E. F. Network Ltd, has been licensed by Nigeria Communication Commission (NCC) ...
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Nigeria’s inflation climbs to 15.75%
The consumer price index, (CPI), earlier this week recorded a 15.75 percent increase (year-on-year) for December 2020. In its monthly report released on ...