Newsflash
- NIGERIA: CBN Withdraws Circular on 0.5% Cybercrime Levy on E-Transactions
- India leads the world in mobile wallet payments with 90.8% adoption in 2023
- China’s fintech giant Ant International expands into Saudi Arabia
- ZAMBIA: PremierCredit Partners with Airtel Money to Unveil Loan Services
- NIGERIA: CBN Grants Approval to additional 14 international money transfer operators
- Bank of Ghana to Leverage eCedi and Singaporean Stablecoin for Cross-Border Payments
- MTN SA’s CEO of FinTech, steps down for new opportunity
- GHANA: Digital Identity and Mobile Money Interoperability Critical for Africa's Financial Inclusion Agenda
- GHANA: BoG grants Zeepay approval for outbound money transfer
- Zimbabwe Government Reverses Mobile Money Ban
Latest Stories
In a recent development that has generated considerable discussion among financial stakeholders and the general public, the Central Bank of Niger...
The Central Bank
of Nigeria (CBN) has activated plans to double foreign-currency remittance
flows through formal channels by granting 14 new In...
DEPOSIT Money Banks (DMB) in Nigeria are embracing the Pan-African Payment and Settlement System, a cross-border financial market infrastructure...
The Federal Government through the Corporate Affairs Commission has issued a two-month registration deadline to Point of Sales companies, to regi...
Paga, a Nigerian digital payments company, has announced that it has processed 335 million transactions worth over $32bn since its inception 15 y...
The Central Bank of Nigeria (CBN) has stopped mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint from o...
In a pioneering move aimed at revolutionizing cross-border transactions, the Bank of Ghana (BoG) has announced a strategic partnership with Singa...
In a recent address, Dr. Mahamudu Bawumia, Vice President of Ghana, emphasized the pivotal role of digital identity and mobile money interoperabi...
Zeepay, Africa’s largest fintech and a challenger in the mobile money sector, has reached a new milestone by securing regulatory approval from t...
General Manager at MTN Northern Business District, Nii Adotey Mingle, has revealed that the telco recorded mobile money (MoMo) transactions worth...
Beginning July 1, 2023, MTN is increasing mobile money cash out transaction fees to GHS20 for all amounts GHS2,000 and above.In an SMS circular t...
Togo just revised its law on electronic transactions, on June 27th, during the fifth plenary session of the first ordinary session of the Nationa...
In a move that has sparked debate and raised concerns over privacy rights, the Kenyan government is seeking legal authorization to monitor mobile...
At least Sh2.3 billion shillings was borrowed on Safaricom's mobile money overdraft product, Fuliza every day in the year ended March 31, 2024, t...
NAIROBI (Reuters) - Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables...
The government will pay census workers only through mobile money numbers and national identification numbers (NIN). This is in a bid to eliminate...
Kenya’s microfinance banks (MFBs) are facing uncertain growth prospects as banks, telecommunications companies and the digital credit providers s...
In an effort to incentivize boda boda riders to increase their uptake of electric-powered motorcycles, the ride-hailing platform Bolt is set to p...
The latest increase in money transfer and financial transaction fees introduced by the Bank of Khartoum has sparked mixed reactions among residen...
In pursuit of the commitment to foster financial empowerment, financial independence and inclusivity across the world, TerraPay, a leading global...
Egypt - The Commercial International Bank (CIB) has revealed that users of electronic banking services currently constitute about 66% of the bank...
As part of its effort to accelerate digital transformation in Egypt’s financial ecosystem, Mastercard announced a strategic long-term partnership...
ADCB-Egypt, a subsidiary of Abu Dhabi Commercial Bank Group – the third largest bank in the UAE, has extended its collaboration with Temenos (www...
The Central Bank of Egypt (CBE) has announced the activation of the InstaPay application on Wednesday 23 March, which is functioning in tandem wi...
PremierCredit has partnered with Airtel Zambia PLC Mobile Commerce (Airtel Money) to provide loans to customers through the Airtel portal. T...
Bradwin Roper, the CEO of FinTech at MTN South Africa, has announced his decision to step down from his role to pursue a new opportunity. Roper h...
In a surprising turn of events, the Zimbabwean government has announced its intention to reinstate mobile money services after a controversial ba...
After the latest acquisition, Lesaka’s ecosystem will serve 1.7-million active consumers and 119,000 merchantsLesaka has signed a new d...
FINANCE Minister, Prof Mthuli Ncube has subjected US$ transactions to the 2% Intermediated Mobile Money Transfer Tax (IMTT) on the back of yet an...
Mama Money, a rapidly growing fintech that offers cross-border money transfer and banking services has partnered with AFC Commercial Bank,...
India has emerged as the global leader in mobile wallet payments, with 90.8 per cent of its population using mobile wallets for transactions in 2...
China’s fintech major Ant International is set to expand into Saudi Arabia to tap into the growing digital payments market in the region.The Mini...
In a surprising move, Zomato decided to surrender its license as a payment aggregator to the Reserve Bank of India (RBI). This license allowed Zo...
Airtel Africa has announced plans to take its mobile money arm public in 2025 and expand its services to other countries in Africa, bey...
Sub-Saharan Africa is home to almost three-quarters of the world’s mobile payment application accounts, the GSMA, a global association o...
MTN, Africa’s biggest wireless carrier, said Mastercard agreed to take a minority stake in its financial-technology business, which the company v...