Nigeria
Nigerian Government to Enhance Global Market Access for MSMEs
The Federal Government of Nigeria is taking significant steps to broaden global market access for the country’s micro, small, and medium enterprises (MSMEs) ...
Kenya
Kenya: Safaricom Addresses Concerns Over Starlink Payment Cancellation Rumors
Safaricom recently clarified rumors regarding the cancellation of payments for Starlink services, addressing speculation that had circulated online. The telco had previously suggested ...
Regulatory
Global: Mastercard Launches Payment Passkeys in India to Combat Rising Online Fraud
Mastercard has introduced its Payment Passkey service in India, launching an initial pilot in collaboration with some of the country’s leading payment platforms ...
Ghana
Ghana: Bank of Ghana Urges Microfinance Institutions to Strengthen Compliance and Governance
The Bank of Ghana (BoG) has called on microfinance institutions (MFIs) to bolster their governance structures, enhance risk management practices, and strictly adhere ...
Regulatory
Uganda: Flutterwave Secures Payment Systems Operator License in Uganda
Flutterwave has successfully obtained a Payment Systems Operator (PSO) license from the Bank of Uganda, marking a significant milestone in its ongoing expansion ...
Regulatory
Global: FCA Rules and Prolonged Approval Times Hinder UK’s Ambitions to Become a Global Crypto Hub
The UK’s aspirations to establish itself as a global hub for cryptocurrency are being challenged by stringent Financial Conduct Authority (FCA) regulations and ...
Regulatory
Global: India Proposes Cross-Border CBDC Interoperability with Plug-and-Play System
The Reserve Bank of India (RBI) is exploring the development of a plug-and-play system to enhance the efficiency and interoperability of cross-border payments, ...
Regulatory
Nigeria: Quidax Secures Provisional Operating License from Nigerian SEC, Marking a First for African Crypto Exchanges
Quidax, a leading cryptocurrency exchange founded in Africa, has made history by becoming the first crypto exchange to secure a provisional operating license ...
Regulatory
Global: Money Laundering Leads UK Fraud Cases in First Half of 2024
The number of fraud cases heard in UK Crown Courts during the first half of 2024 increased by 16% compared to the same ...
Regulatory
Nigeria: NAICOM Explains Rationale Behind Licensing NPF Insurance
In response to public concerns over the establishment of NPF Insurance Limited, the National Insurance Commission (NAICOM) has provided clarity on its decision ...