Regulatory
Global: FTC Chair Lina Khan shares how the agency is looking at AI
FTC Chair Lina Khan revealed that the U.S. Federal Trade Commission (FTC) will thoroughly investigate the rise of AI technology across various sectors. ...
Regulatory
Global: EU Innovation Hub Highlights Challenges Posed by Crypto Mixers, Privacy Coins, and Layer 2 Solutions for Law Enforcement
The European Union’s Innovation Hub for Internal Security has cautioned law enforcement agencies about the complications posed by crypto platforms such as mixers, ...
Nigeria
Nigeria: FG Imposes N400m Fine on Four Banks and Others for Data Breaches
The Nigeria Data Protection Commission (NDPC) has announced that over 1,000 financial institutions, schools, insurance companies, and consultancy firms are currently under investigation ...
Regulatory
Global: Qatar’s Ministry Launches New Digital Ration Card
The Ministry of Commerce and Industry in Qatar has introduced a new digital ration card service to streamline the distribution of monthly food ...
Regulatory
Global: CFIT Forms Coalition to Combat Economic Crime with Advanced Verification Methods
The Centre for Finance, Innovation, and Technology (CFIT) is spearheading a new coalition aimed at tackling economic crime through enhanced verification methods. By ...
Regulatory
German Data Watchdog Raises Concerns Over Constitutionality of Live Facial Recognition System
A real-time facial recognition system employed by German police for tracking criminals may be unconstitutional, as it was reportedly deployed without the knowledge ...
Nigeria
Nigeria: CBN Reassures Public on Stability of Nigerian Banks Amid Rumors
The Central Bank of Nigeria (CBN) has dismissed rumors suggesting plans to revoke the operating licenses of Fidelity, Polaris, Wema, and Unity Banks, ...
Regulatory
Global: UK Payments Association Urges New PSR Chief to Postpone APP Fraud Rules
The UK payments industry is urging the new interim chief of the Payment Systems Regulator (PSR) to delay the implementation of new rules ...
Nigeria
Nigeria: Nova Merchant Bank Submits Capital Raising Plan to CBN for Commercial License
Nova Merchant Bank Limited has announced the submission of its capital raising plan to the Central Bank of Nigeria (CBN) as part of ...
Kenya
Africa: Kenya to Issue Payment Licenses- Flutterwave, Chipper Cash Leading the Queue
The Central Bank of Kenya (CBK) is set to issue payment licenses to fintech startups, marking a significant shift that will open up ...
