Report: CBDC transactions to more than double in next seven years
Emerging economies with high levels of mobile penetration will see the biggest change in access to digital payments by 2030
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Category: inclusion
Central Bank of Nigeria approves open banking
The decision was released via an open letter to deposit money banks, mobile money operators and payment service providers
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Ria Money Transfer partners on remittances with Cambodia’s largest bank
The partnership adds nearly 300 cash pickup and payout locations to Ria’s network in Cambodia bringing cashpoints to a total of 4,318 in the country
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ImaliPay, Renda to support e-commerce orders in Africa
ImaliPay’s “Fintech-as-a-Service” platform with join Renda’s order fulfilment network to help e-commerce businesses tackle logistical challenges.
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M-PESA boosts global remittance market with Amazon partnership
M-Pesa is looking to replicate its African success in new markets as the global demand for remittance services heats up
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Visa teams up with Nigerian agri-fintech to support farmers
The collaboration aims to transform commerce and trade opportunities for Africa’s farmers and SME businesses
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Al Fardan Exchange expands digital wallet options in Africa and Asia
The expansion comes within the framework of UAE Innovation Month, which is aiming to create solutions and initiatives that can help advance society
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Egypt’s sovereign fund and Etisalat Egypt launch Erada Microfinance
Fintech company, Erada has been granted a licence allowing access to a range of financial products for micro and small enterprises (MSEs)
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Yellow Card enables cross-border transactions across Africa
With new upgrade ‘Yellow Pay’ users need only a phone number to transfer money
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Report – CBDC: Expanding Financial Inclusion or Deepening the Divide?
A 2023 report, published as the result of an interdisciplinary collaboration between the MIT...
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Central Bank of Oman and Omantel to offer fintech accelerator programme
Five startups will receive training and fundraising support over six months
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Central Bank of Nigeria introduces first national payment card
AfriGo aims to boost financial inclusion and reduce pressure on local currency
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Central Bank of Nigeria grants commercial payment licence to Fincra
The company intends to use the licence to offer a range of services including access to local offline and online payment channels
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