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Telkom makes move into financial services
Telkom has branched into the competitive space of financial services by launching a life insurance business that it said will initially sell funeral insurance. ...
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Singtel incurs additional $911 million charges from India’s Bharti Airtel stake
Singtel announced today (30 Jul) that Singtel has incurred additional charges of S$911 million from its equity share of its associate Bharti Airtel, which has ...
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Ulster Bank makes ‘eye-catching’ €278m provision for likely loan losses
Ulster Bank plunged into a deep loss in the first half of the year in the Republic as it set aside a higher-than-expected €278 ...
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Acrisure Buys Tulco’s AI Insurance Business in $400 Million Deal
Acrisure LLC, an insurance brokerage, agreed to purchase an artificial-intelligence business from Tulco LLC in a transaction valued at $400 million, the buyer’s largest deal ...
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Wirecard scandal signals EU regulatory overhaul
European Union officials have suggested that there will be changes in the supervision of fintech firms in the wake of the £1.8bn accounting ...
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Big banks back Canadian launch of Financial Data Exchange
Canada’s big five banks are among 31 organisations onboard for the launch of Financial Data Exchange (FDX) in the country, vowing to work ...
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Monzo’s losses double as popular UK digital bank warns of pandemic uncertainty
Monzo reported an annual post-tax loss of £113.8 million in its 2020 accounts, up from the £47.1 million it lost last year. It ...
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CVS to introduce PayPal and Venmo QR code payments
US retail giant CVS Pharmacy is set to roll out PayPal and Venmo QR code technology at all of its 8200 stores From ...
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TikTok Draws Interest From Bidders Other Than Microsoft
Microsoft Corp. isn’t the only company interested in buying TikTok’s U.S. operations, according to people familiar with the matter. U.S. government officials probing national-security ...
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Meet DPO Group – The Pan-African Fintech Company Powering Digital Commerce, Acquired For $288 Million In Watershed Deal For African Tech
Much has been said about the potential for economic growth across Africa with a great number of startups, multinationals and investors descending on ...