Western Union, Bharti Airtel to launch cross-border payment in Africa
The real-time cross-border payment service will drive financial inclusion across the continent...
Tag : banking
Two Chinese groups apply for Singapore digital banking licence
The Monetary Authority of Singapore has received 21 applications so far for digital banking licences...
Goldman bank licenced to operate in South Africa as part of expansion
The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market...
JP Morgan, UK Aid invest $15 million in Catalyst Fund
Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years...
Emirates NBD inks deal with DLD to offer trust account services
ENBD is the first UAE bank to team up with RERA after the new law in September 2019...
Egypt’s external debt increases 17.47% to $109.363 bn last September
The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion...
South Africa slashes interest rates to lowest in four years
The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%...
South Africa reduces cheque limits to boost the use of B2B epayments
Checks can be written below $3,500 to encourage businesses to utilise more epayment options...
UK banks expect rise in demand for credit card borrowing
The Bank of England predicts credit card borrowing by households will increase by 14.3 percent over next three month...
Citi Singapore adjusts pay for women to bridge gender gap
The bank’s global pay equity review found that women staff did not receive equal compensation for the same task performed...