Tag: ATM
Capital One’s Takeover of Discover: All you Need to Know
Capital One’s proposed US$35.3bn acquisition of Discover Financial would bring together two of the largest credit card companies in the US This week we heard Capital One is set to acquire Discover Financial in what would represent one of the biggest deals in financial services in recent years. The US$35.3bn, all-stock transaction would bring together two of the largest…
Capital One Could Buy Discover In Major Credit Card Merger
Capital One is considering acquiring Discover Financial, multiple outlets reported Monday, a move that would combine two of the nation’s largest credit card companies and reportedly create the single biggest U.S. credit card firm by volume of loans. KEY FACTSThe Wall Street Journal reported a deal could be announced as early as Tuesday, citing sources…
The history and evolution of the fintech industry
The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector. The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as…
10 African countries with the strongest currencies in 2024
Having a strong currency provides numerous benefits to African economies, ranging from increased purchasing power and attracting foreign investment to lower import costs and more international trade. While monetary strength is frequently associated with stability and prosperity, the benefits go far beyond mere symbolism. As a result, governments have been tasked with strengthening their currencies.…
Coinbase and Business Accounts: How to Connect Them in 2024
In 2024, connecting Coinbase with business accounts has become a strategic move for companies Businesses are increasingly recognizing the importance of integrating digital assets into their financial operations. Among the platforms facilitating this integration, Coinbase stands out as one of the most popular and trusted exchanges. In 2024, connecting Coinbase with business accounts has become a strategic…
16 African banks that offer instant deposit, PayPal,Google Pay and Apple Pay integration:
Across Africa, the mobile revolution has brought not just communication but also a wave of financial inclusion. Instant deposit platforms, PayPal, Google Pay, Apple Pay and CashApp are playing a vital role in this transformation. These services offer: However, challenges remain. Limited internet access and digital literacy require further infrastructure development and education. Additionally, ensuring…
SoFi Introduces Small Business Financing Marketplace
SoFi (NASDAQ: SOFI), the digital personal finance company, announced recently the expansion of its new small business marketplace within the SoFi product experience. With this addition, SoFi will now be able to better support millions of American small business owners’ financing needs by “connecting them to SoFi’s network of providers.” Anthony Noto, CEO of SoFi, said: “SoFi…
TotalEnergies Ranked As The World’s Leading Solar Developer In 2023
With a portfolio representing total capacity of 41.3 gigawatts (GW) in 2023, including 12 GW already in operation, TotalEnergies is a major player in the solar power market. In its latest report, research consultancy Mercom confirms our leadership position and highlights the scale and diversity of TotalEnergies’ projects worldwide. For several years now, TotalEnergies has…
Enhancing Bilateral Ties: PAPSS Visits LBDI in Monrovia, Liberia
In a significant diplomatic development, Monrovia, the capital city of Liberia, recently played host to high-profile visits from the Pan-African Parliament Secretariat (PAPSS) and the Liberia Bank for Development and Investment (LBDI). The interactions during these visits underscored the commitment to strengthening diplomatic and economic ties between Liberia and the broader African community. The Pan-African…
New Financing to Support 900,000 Farmers and Road Users for Economic Transformation in Liberia
WASHINGTON, December 22, 2023 – The World Bank Board has approved a Second Additional Financing for the Rural Economic Transformation Project (RETRAP-AF II). This financing is funded by an International Development Association (IDA)* credit of US$76 million from its Scale-Up Window (SUW) and $9 million grant from the KfW Development Bank through the Liberia Reconstruction…
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