Regulatory
Global: APRA Cautions Australian Banks Over Legacy Tech and Cloud Concentration Risks
The Australian Prudential Regulation Authority (APRA) has urged banks and their internal audit teams to strengthen oversight of technology-related risks, warning that overreliance ...
Regulatory
Global: UK Payments Sector Criticizes Government’s Regulatory Overhaul as “Reshuffle, Not Reform”
The UK government’s plan to dissolve the Payment Systems Regulator (PSR) as part of a broader effort to streamline oversight and stimulate economic ...
Nigeria
Nigeria: Bank Charges, Multiple Taxes Major Burden for Nigerian Businesses
A survey by the Central Bank of Nigeria (CBN) has revealed that high bank charges, multiple taxation, and poor infrastructure remain the leading challenges confronting ...
Nigeria
Nigeria’s Central Bank Moves to Redefine Fintech Policy in Global Push for Innovation
The Central Bank of Nigeria (CBN) has renewed its commitment to aligning financial innovation with sound regulation, hosting a fintech roundtable on the ...
Nigeria
Nigerians trade $50bn in crypto, ignore capital market, says SEC
Nigeria’s capital market regulator, the Securities and Exchange Commission, has raised concerns over the growing preference of Nigerians for cryptocurrency trading over investments ...
Nigeria
Nigeria’s FATF Delisting to Spur Foreign Investments and Economic Growth — SEC DG Agama
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has described Nigeria’s removal from the Financial Action Task Force (FATF) ...
Regulatory
Global: Bank of Canada Registers First Payment Service Providers, Marking a Milestone for FinTech Regulation
Canada’s financial technology industry has reached a defining moment as the Bank of Canada officially registered its first cohort of payment service providers ...
Kenya
Kenya: Access Holdings Buys National Bank of Kenya for N179 Billion
Access Holdings has just made a big move by buying the National Bank of Kenya for N179 billion. This is a major deal ...
Regulatory
SA Crypto Exchange VALR has Received Two Key Licenses from FSCA
South Africa’s VALR has received two key licenses from FSCA, which is great news for the crypto world around here. This means the ...
Kenya
Kenya: Access Holdings to Pay $109.6 Million for National Bank of Kenya in East African Expansion Drive
Access Holdings Plc, the parent company of Nigeria’s largest bank by assets, has confirmed it will pay $109.6 million (₦179.1 billion) to acquire ...
