Following the release of the Reserve Bank of India’s (RBI’s) new digital lending rules, fintechs in India have been in continuous consultation over first loss default guarantee (FLDG) arrangements. Today we have new details of the conversations between the central bank and fintechs on this hot bottom issue. More detailsContinue Reading
WASHINGTON DC, United States of America /African Media Agency/- Fintech stakeholders from across Africa and the world will converge in Cape Town, South Africa, for the 8th Africa Fintech Summit, from November 2-4, 2022. The prestigious conference billed as Africa’s premier fintech event will be hosted at the Cape Town InternationalContinue Reading
Regulating FinTechs This editorial is based on “Regulate FinTechs, but not with a Bludgeon” which was published in The Hindu BusinessLine on 11/08/2022. It talks about the current status of regulation of Fintechs in India and the right approach to regulate them. For Prelims: FinTech, Neobanks, Cryptocurrencies, RBI’s FinTech RegulatoryContinue Reading
Visa Everywhere Initiative (VEI), a global open innovation program that invites fintech and payment startups across the globe to showcase their innovative products and solutions, was held in Egypt for the first time. “We are very proud of the presentation of VEI in Egypt, as it proves our strong confidenceContinue Reading
Emma Okonji examines the economic potential of FinTech players in the development of Nigeria and the need to grow and mentor technology startups to drive such development All over the world, there is a paradigm shift from oil-based economy to knowledge-based economy that is driven by technology. Just as technologyContinue Reading
For players in Uganda’s fast-expanding financial technology (fintech) ecosystem, it was something of a relief when the National Payments Systems Act 2020 was enacted. Previously, there was a sense of being in limbo and a mounting concern due to the minefield of potential problems that lay in wait for lackContinue Reading
By Bjorn Biel M. Beltran, Chelsey Keith P. Ignacio, Special Features Writers,and Adrian Paul B. Conoza, Special Features Assistant Editor ONE OF the most notable shifts seen during the coronavirus disease 2019 (COVID-19) pandemic is the growing use of digital payments. Although cash and coins are still used, electronic walletsContinue Reading
WASHINGTON–(BUSINESS WIRE)–The Center for Financial Inclusion (CFI) has launched the third year of Inclusive Fintech 50 (IF50), a competition to recognize the most promising inclusive fintech startups pushing the frontiers of innovation. This year, the competition seeks to recognize early-stage fintechs that are helping low-income customers and micro- and smallContinue Reading
We have not even reached the halfway point of 2021, but already it seems nailed on that the year will break all sorts of funding records – with the surge in investments led by the Nigerian fintech space. The landmark acquisition of Paystack by Stripe back in October seems toContinue Reading
Minister of Communications, Dr. Isa Ali Pantami Special report Olusegun Adeniyi and Obinna Chima Despite the increasing activities of financial technology (fintech) companies in the country, there is need for the federal and state governments to focus on developing policies that would boost contribution of the sector to the country’sContinue Reading
