MTN Nigeria launches new mobile financial services
The new scheme will enable cash transfers and payments through mobile connections...
Category : Banking
Malaysian banks expecting 25bps rate cut before end 2020
The last time central bank of Malaysia declared rate cut was in May 2019...
Now South Africa’s Standard Bank starts selling smart phones
The new scheme allows customers to buy smartphones through an extended payment facility...
Slowing economy: China considers reforms for smaller banks
China's central bank will encourage merger talks for banks that are under financial risks...
Economic distress: HSBC Hong Kong offers help to local SMEs
The bank offers refunds up to HK$20,000 for loans taken between March and August...
Standard Bank targets micro-merchants, invests in fintech
Standard Bank buys stake in local fintech firm Nomanini, which connects informal merchants with distributors via an e-wallet...
South Africa requests new banking licence for Postbank
South African Post Office is losing out large number of logistics business due to this factor...
BNP Paribas shuts down Philippines offshore banking unit
BNP Paribas’s Philippines branch become a licenced offshore banking branch in 1997...
Coming soon: Fujitsu’s AI-based credit scoring for banks
The software, which will be available from October, will help lenders screen small and medium-size businesses...
First Abu Dhabi Bank denies Qatar disclosure allegations
The Qatar Financial Authority imposed a fine of $55 million for obstructing a probe into the case...