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Merger creates largest Black owned US Bank
City First Bank in Washington and Broadway Federal Bank in Los Angeles are merging to form the largest Black-led bank in the US. ...
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MTN Group gets new Acting GCFO
MTN has announced changes to the Board of Directors of MTN Group, as well as to the Board of major subsidiary MTN South ...
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Swedish ‘buy now, pay later’ fintech giant Klarna reports sevenfold jump in losses
Klarna, the Swedish fintech giant that lets customers delay payment for online purchases, has reported first half losses seven times higher than in ...
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Varo goes live on Temenos core platform
Temenos (SIX: TEMN), the banking software company, earlier this week announced that its cloud-native technology platform has gone live with Varo Bank. Varo, ...
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Vodacom introduces new parental leave policy for employees
Vodacom has announced a new gender-neutral parental leave policy which will offer equal time off to all parents. The telco said that all ...
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Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot
The Korea Times have reported that the Bank of Korea (BoK) is now seeking a consulting partnership to bring the second phase of ...
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Cititrust Financial Services Limited wins Africa most innovative loan/investment brand of the year
Cititrust Financial Services Limited (CFS Limited), a subsidiary of CFS Group Plc, has been adjudged and presented an award as the best African ...
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Opera exits a Nigerian venture, launches new fintech for emerging markets
Norwegian software company, Opera, announced it has made a $6.1 million divestment from a Nigerian subsidiary. The disclosure was made during the company’s ...
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SEC and CFTC say Maryland Ponzi scheme defrauded over 1,000 investors out of $27 million by promising crypto trading returns
The Securities and Exchange Commission (SEC) and Commodities Future Trading Commission (CFTC) have both charged a Maryland-based Ponzi scheme for allegedly defrauding over ...
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Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K
The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high ...