Tag: Digital Currency
-
A pair of Black-led banks have merged to form an institution worth more than $1 billion
New YorkCNN Business — A pair of Black-led banks on opposite coasts are joining forces to become the largest minority-owned depository institution in the United States, according to FDIC data. City First Bank and Broadway Federal Bank announced their merger on Wednesday. Combined, the lenders said they would have more than $1 billion in assets.…
-
Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
The Consumer Financial Protection Bureau (CFPB) has taken action against Chime Inc., the operator of the Sendwave mobile app, for deceiving consumers about the speed and cost of remittance transfers. Chime Inc. is not connected to the California-based FinTech Chime Financial. Chime Inc. has also been found guilty of illegally forcing consumers to waive their legal rights, failing to…
-
MoneyGram to Launch Non-Custodial Digital Wallet for Cross-Border Payments
MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to debut in the first quarter of 2024 and will allow users to seamlessly move from fiat currency to digital currency and back again, the global FinTech company said in a Tuesday (Sept.…
-
STEALTH SOLDIER BACKDOOR USED IS TARGETED ESPIONAGE ATTACKS IN LIBYA
Researchers detected a cyberespionage campaign in Libya that employs a new custom, modular backdoor dubbed Stealth Soldier. Experts at the Check Point Research team uncovered a series of highly-targeted espionage attacks in Libya that employ a new custom modular backdoor dubbed Stealth Soldier. Stealth Soldier is surveillance software that allows operators to spy on the victims…
-
Convera completes purchase of Western Union Business Solutions
Non-bank B2B payments fintech Convera has completed the acquisition of Western Union Business Solutions (WUBS) after acquiring it for $910m in 2021 The new addition enables Convera to focus instead on its planned investments to change cross-border payments in the coming years. The company works with clients ranging from small business owners to enterprise treasurers,…
-
In Zimbabwe, digital gold beats bitcoin
The Reserve Bank of Zimbabwe is trying something new. Or rather, something very old. You think you’ve got problems? Consumer price inflation in Zimbabwe is running at 75% a year. And that’s only the official rate. The International Monetary Fund thinks it’s nearer 175%. Either way, you get your paycheck and you run, not walk,…
-
Remitly to Acquire Rewire to Expand into Complementary Geographies with Account-Based Remittance Product
Remitly and Rewire share a commitment to transform the lives of millions of immigrants and their families with the most trusted and innovative financial services products. SEATTLE & TEL AVIV, Israel–(BUSINESS WIRE)–Aug. 16, 2022– Remitly Global, Inc., (NASDAQ: RELY) (“Remitly”), a leading global digital financial services provider for immigrants and their families, today announced that it has signed a definitive…
-
How Remitly Uses Behavioral Analytics to Foster Consumer Satisfaction
Immigrants working abroad want receivers to get their funds instantly, at the same time, remittance platforms need compliant systems to keep those transfers secure. In the Monetizing Digital Intent Tracker, Remitly CEO Matt Oppenheimer explains how authentication using behavioral analytics reduces fraud at the same time it creates a seamless cross-border P2P experience. Remittances are…
-
WorldRemit Completes Sendwave Acquisition And Appoints Two Executives To Its Management Team
Seasoned Veterans Join As WorldRemit’s Global Payments Network Processed c.$10 Billion In 2020 WorldRemit, the digital, global cross-border payments company today announced that it has completed its acquisition of Sendwave and announced that the combined companies processed circa US$10 billion in transfers in 2020. In addition, the company announced the appointment of Michael Ball as…
-
Naomi Campbell in diamond drama
British supermodel Naomi Campbell could be subpoenaed to testify at the trial of Liberia’s ex-President Charles Taylor for accepting a ‘blood diamond.’ It is alleged that Ms Campbell “was given rough diamonds” by Mr Taylor in 1997 at Nelson Mandela’s house in South Africa. Mr Taylor is accused of using “blood diamonds” to fuel an…
Recent Posts
- 🇧🇫 Ibrahim Traoré’s Clothing Push: Burkina Faso Bets on Local Cotton and Homegrown Textiles
- 🇲🇦 AI and the Future of Warfare: What African Lion 2026 Reveals About Tomorrow’s Battlefields
- 🇬🇭Ghana approves sweeping anti-LGBTQ law
- Rome Streetz Signs with Mass Appeal: A Victory for Pen-and-Exercise Hip-Hop on the Global Stage
- Kendrick Lamar Brings Eckhart Tolle’s Spiritual Teachings Into Hip-Hop Through “Mr. Morale & The Big Steppers”
Tags
Africa African Union Algeria Burkina Faso China Cryptocurrency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Israel Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan-Africanism Pan-African news Pan African Nations Presidential Elections Protest Russia Senegal Sierra Leone Somalia South Africa Sudan Tanzania Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .