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Grab launches new consumer financial services
Grab  announced yesterday that its financial unit, which previously focused mainly on services for entrepreneurs and small businesses, is launching a slew of consumer ...
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Agent networks across Nigeria has increased by 313% in the last 18 months to 345,000 – Ronke Kuye
The total number of agent networks across Nigeria has increased by 313% in the last 18 months to 345,000 as at the end ...
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Apple reportedly acquires startup that could turn iPhones into payment terminals
Apple has acquired a startup with technology that could turn iPhones into mobile payment terminals, according to a report by Bloomberg. Montreal-based Mobeewave ...
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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 ...