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Africa quick to take to digital currencies


Africa quick to take to digital currencies
Kenya, SA and Nigeria are among the top 10 crypto-adopting nations in the world
21 April 2021 - 18:10 Catherine Tinavapi
Picture: 123RF/DIMARIK16
Economies in sub-Saharan Africa are developing digital financial services. In the larger markets, regulators have taken policy and regulatory measures to support financial institutions’ digital transformation.
While emphasising the importance of robust cybersecurity and consumer protection measures, the global pandemic has generated a strong appreciation for the digital economy. With it comes the expectation that the digital economy will bring growth. Of the emerging and new technological developments, there are a few we believe are most likely to bring growth to regional capital markets. ....

New Zealand , Exchange Commission , Kenya National Payments System Vision , Financial Sector Conduct Authority , Central Bank , Sa Reserve Bank , Technology Foundation , Saharan Africa , Global Cryptocurrency Adoption Index , Nigerian Securities , Open Technology Foundation , Open Banking Nigeria , Banking Nigeria , புதியது ஜீலாந்து , பரிமாற்றம் தரகு , கேந்ய தேசிய கொடுப்பனவுகள் அமைப்பு பார்வை , நிதி துறை நடத்தை அதிகாரம் , மைய வங்கி , ச இருப்பு வங்கி , தொழில்நுட்பம் அடித்தளம் , நைஜீரியன் பத்திரங்கள் , திறந்த தொழில்நுட்பம் அடித்தளம் , திறந்த வங்கி நைஜீரியா , வங்கி நைஜீரியா ,

60m unbanked: Expert advocate open banking


Vanguard News
60m unbanked: Expert advocate open banking
On
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ew indications have emerged that open banking would create a new stream of revenue for banks and also drive the 60 million unbanked population into the formal banking system.
These were the submissions of the financial experts under the Committee of e-Banking Industry Heads (CeBIH) during a webinar tagged: ‘‘Advancing Open Banking in Nigeria’’.
Speaking at the webinar, Trustee, Open Technology Foundation in Nigeria, Mr. Adedeji Olowe, said that ‘‘open banking would foster financial inclusion, adding that it would provide the much needed foundations-regulatory framework, database, strategic partnerships among others, “for third parties like fintech to build affordable solutions, easily integrating with other ecosystem players such as the Telcos and banks.” ....

Abubakar Suleiman , Niyi Ajao , Adedeji Olowe , Musa Jimoh , Aisha Lantiwo , Bank Settlement System , Polaris Bank , Central Bank , Sterling Bank , Technology Foundation , Kindly Share This Story , Banking Industry Heads , Advancing Open Banking , Open Technology Foundation , Chief Executive Officer , Chief Digital Officer , Dele Adeyinka , Director Payments System Management , Nigeria Inter Bank Settlement System , Managing Director , Premier Oiwoh , Share This Story , வங்கி தீர்வு அமைப்பு , போழரிச் வங்கி , மைய வங்கி , ஸ்டெர்லிங் வங்கி ,