Australia moves to regulate Apple Pay, Google Pay, others
The Australian government On Monday announced that it will unify the regulations governing Apple Pay, Google Pay, and other digital payment services.…
Fintech
HSBC restores online banking services after outage
Following significant disruptions for clients on Black Friday, HSBC’s online and mobile banking services have been restored. The bank claimed that a…
CBN grants AIP license to Bloc MFB
The Central Bank of Nigeria has granted Bloc Microfinance Bank an Approval-in-Principle to operate in Nigeria. With the approval, Bloc Microfinance Bank,…
Investors shift from fintech to energy in Africa — Economic analyst
An economic and industrial analytics consultancy, Stears, has stated that investors are paying less attention to African fintech startups as their investment…
Alphabet sells shares in trading platform Robinhood
Alphabet, Google’s parent company announced on Monday that it has sold its interest in Robinhood Markets, a provider of trading apps. The…
Payments platform Zelle to refund to fraud victims
Banks using the payment app Zelle have started refunding victims of imposter frauds in response to worries about consumer protection expressed by…
Interswitch loses N30bn to chargeback fraud – Report
African payments giant, Interswitch, has lost as much as ₦30 billion as a result of a system bug that allowed certain merchants…
PayPal to begin crypto operations in UK
The Financial Conduct Authority said on its website that PayPal has registered to offer cryptoasset operations in the United Kingdom. Companies that…
Kippa shuts banking division, lays off 40 employees
Nigerian bookkeeping and finance startup, Kippa, has announced that it will close its agency banking division, KippaPay. According to TechCabal, Kippa has…
Ghanaian fintech Dash shuts down
A Ghanaian fintech business that aims to link bank accounts and mobile money wallets across Africa, Dash, has announced that it is…
PayPal integrates Venmo card to Apple Wallet
PayPal on Tuesday announced that users can now link their PayPal and Venmo credit or debit cards to their Apple Wallet. You…
Singapore grants Coinbase payments license
Coinbase’s Singapore branch announced on Monday that it has been granted a Major Payment Institution licence by the central bank of the…