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FinTech
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MoMo PSB, Sochitel partner to launch gift card services
By Stanley Onyeka, Lagos MoMo Payment Service Bank (MoMo PSB), an MTN Nigeria digital financial services company, said…
SEC pledges transparency, fairness in fintech regulation
The Securities and Exchange Commission (SEC) has assured stakeholders in the fintech space of its commitment to ensure…
MoMo PSB launches outbound remittance, gift card services across Africa
By Tochukwu Bliss, Abuja MoMo PSB has announced the launch of its outbound and inbound remittance service which…
Fintech operators crucial in anti-money laundering fight: NFIU
The Nigerian Financial Intelligence Unit (NFIU)has emphasised the importance of fintech operators in combating money laundering and terrorism…
FG imposes N50 transfer levy on transactions above N10,000 on OPay
The federal government has placed a one-time fee of N50 on electronic transfers above N10,000 into personal and…
AI’s race for US energy butts up against bitcoin mining
U.S. technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of…
Fast payment of liquidated Heritage Bank’s customers traceable to advanced technology
The Nigeria Deposit Insurance Corporation (NDIC), has attributed its swift payment of depositors of the failed Heritage Bank…
Visa, Mastercard to extend non-EU card fee caps to 2029, EU says
Visa (V.N), and Mastercard (MA.N), will extend caps on tourist card fees agreed five years ago with EU antitrust regulators…
American Express, Ecobank Group, partner to expand card acceptance in 21 African countries
American Express and Ecobank Group, yesterday, announced the signing of agreement to expand the use of American Express…
Zenith Bank’s Zenpay, partners AfCFTA Secretariat to develop SMARTAfCFTA portal
Zenpay Limited, a subsidiary of Zenith Bank Plc, has entered an agreement with the African Continental Free Trade…