The public comments on a U.S. central bank digital currency (CBDC) are running overwhelmingly against a digital dollar, according to a libertarian think tank analyst. The Cato Institute’s Nicholas Anthony noted that the Federal Reserve released another set of public comments, bringing the total to...
The Central Bank of Kenya issued a letter on Friday (July 29) directing banking and mortgage CEOs to cease transactions with Kenyan FinTechs Flutterwave Payments and Chipper Technologies. “It has come to the attention of the Central Bank of Kenya (CBK) that Flutterwave Payments Technology...
Today in the connected economy, Nigeria’s OmniBiz inks deals with brands like Nestle, Kellogs and Coke to help them track and improve their sales in the African country. Also, payments network Strike announces an integration with Shopify, allowing global merchants to accept bitcoin payments, and...
Cell phone operators in Kenya are joining a central bank initiative to integrate the nation’s payment systems by allowing mobile payments across networks, Bloomberg reported Friday (April 8). The first phase of the project will allow Telkom Kenya Ltd. and Airtel Networks Kenya Ltd. customers...
August 30, 2022
African FinTech Flutterwave is moving ahead with preparations for an initial public offering (IPO) on the Nasdaq despite claims of financial impropriety by the Central Bank of Kenya (CBK) and its bank accounts being frozen by Kenya’s High Court. “We have the attractive market potential and opportunity to do so now,” Chief Financial Officer Oneal […]
July 29, 2022
The Central Bank of Kenya issued a letter on Friday (July 29) directing banking and mortgage CEOs to cease transactions with Kenyan FinTechs Flutterwave Payments and Chipper Technologies. “It has...
April 08, 2022
Today in the connected economy, Nigeria’s OmniBiz inks deals with brands like Nestle, Kellogs and Coke to help them track and improve their sales in the African country. Also, payments...
April 08, 2022
Cell phone operators in Kenya are joining a central bank initiative to integrate the nation’s payment systems by allowing mobile payments across networks, Bloomberg reported Friday (April 8). The first...
