News
Nigerian Banks’ Robust Profitability Shields Them from Rising Credit Losses – S&P Ratings
According to a recent report from S&P Global Ratings, Nigerian banks are well-positioned to weather rising credit losses and meet higher capital requirements, ...
Global
Global: Visa Expands QR Code Payment Access Across Asia Pacific
Visa is set to broaden QR code payment options across Asia Pacific by connecting with key local QR payment providers: Lakala in Mainland ...
Global
Google: Brazil’s Central Bank Unveils Contactless Pix Payments with Google Wallet Integration
Brazil’s Pix payment system is stepping into the contactless era with Google Wallet integration, enabling seamless mobile payments. This week, Brazil’s Central Bank ...
Global
Global: Singapore to Bolster Asset Tokenization Amid Rising Demand
The Monetary Authority of Singapore (MAS) has announced plans to advance asset tokenization within the financial services sector, responding to increasing interest in ...
Global
Global: J.P. Morgan Payments Teams Up with Checkbook for Digital Check Payment Solutions
J.P. Morgan Payments has partnered with digital payments platform Checkbook, allowing J.P. Morgan’s corporate clients to leverage digital checks for faster, more efficient ...
News
Nigeria: Naira Declines Amid CBN’s Reduced FX Supply Ahead of e-FX Platform Test Launch
The Nigerian naira has continued its downward trend against the US dollar, pressured by high demand and dwindling FX supply in the country’s ...
News
Nigeria’s CBN Enforces Approval Requirement for Core Banking System Changes to Minimize Service Disruptions
In response to recent customer frustrations over technological disruptions, the Central Bank of Nigeria (CBN) has issued a new directive mandating that commercial ...
Global
Global: Geidea and tpay Partner to Revolutionize Digital Payments and Boost Financial Inclusion in KSA, Egypt, and UAE
Geidea, a leading financial technology company, has announced a strategic partnership with tpay, the region’s top payment connector, in a landmark effort to ...
Africa
Africa: Orange Middle East and Africa and Mastercard Join Forces to Digitize Payments for Millions Across Africa by 2025
Orange Middle East and Africa (OMEA) has partnered with Mastercard to expand mobile financial services across Sub-Saharan Africa, aiming to empower millions of ...
News
Nigeria: MTN Nigeria Expands Data and Fintech Services Despite Currency Losses and Economic Challenges
MTN Nigeria’s Q3 2024 report reveals robust growth in data and fintech services, despite recording a substantial ₦514.9 billion after-tax loss, largely attributed ...
