Global
Global: Ireland Launches GDPR Probe into X Over Use of Personal Data for AI Training
The Irish Data Protection Commission (DPC) has launched a formal investigation into X (formerly Twitter) over potential violations of the EU General Data ...
Innovation
Central Bank of Kenya Ends Decade-Long Ban on New Banking Licences to Strengthen Regulatory Framework
The Central Bank of Kenya (CBK) has officially lifted its 10-year moratorium on the licensing of new commercial banks, signaling a renewed phase ...
Fintech
Central Banks Launch Tender for Cross-Border Payments Network Operator Under Project Nexus
In a significant step toward transforming global payment systems, five central banks collaborating on Project Nexus—an initiative by the Bank for International Settlements ...
Innovation
Global: BNY Enhances Regulatory Compliance Monitoring with Behavox Quantum AI Solution
In a strategic move to bolster its regulatory compliance framework, BNY has implemented Behavox Quantum—an advanced AI-driven platform for monitoring electronic and voice ...
Global
Global: Big Tech Tax Practices Under Scrutiny as “Silicon Six” Accused of Dodging $278 Billion Over a Decade
A new report by the UK-based nonprofit Fair Tax Foundation (FTF) has ignited a global debate on corporate tax compliance and regulatory accountability, ...
Fintech
Stitch Raises $55M to Scale RegTech-Compliant Payment Solutions Across Africa
South African fintech innovator Stitch has secured $55 million in its latest funding round, reinforcing its mission to revolutionize Africa’s payments infrastructure with ...
Nigeria
Nigerian Banks Generate Record ₦674 Billion from E-Payments as Digital Transactions Soar
Nigeria’s top financial institutions are reshaping the future of banking with record earnings from electronic payments, generating a combined ₦674 billion ($419.7 million) ...
Global
Global: Google Leverages AI to Eliminate Half a Billion Scam Ads in 2024
In a major push to strengthen digital trust and meet increasing demands from financial institutions and regulators, Google has harnessed advanced artificial intelligence ...
Fintech
Nigeria: Wema Bank Launches N150 Billion Rights Issue to Strengthen Capital Base and Drive Digital Expansion
Wema Bank PLC has unveiled a significant capital raising initiative, launching a N150 billion Rights Issue as part of its strategy to meet ...
Global
Digital Divide: SMBs Struggle to Keep Pace with Big Retail’s Unified Commerce Experience
As the digital economy accelerates post-pandemic, small and medium-sized businesses (SMBs) are feeling the pressure to match the seamless, omnichannel shopping experience offered ...
