SWIFT Adopts Blockchain as Global Payment Initiative

SWIFT is introducing a proof of concept (POC) to explore whether distributed ledger technology (DLT), also known as blockchain, can be used by banks to improve the

'Off-Site' ATMs Account for Majority of Installations Worldwide - Report

The global share of ATMs located away from bank branches rose to 51 percent in 2015, according to a new RBR report, "Global ATM Market and Forecasts to 2021." RBR found

AfDB Urges Action to Finance Africa's Economic Transformation

Akinwumi Adesina, President of the African Development Bank (AfDB), has called for improved access to financing to accelerate the transformation of African economies.

FXTM: Trump Bulls in the White House - Red Flags on US Debt

Donald Trump's administration is bullish right out of the gate. He's chosen a cabinet made up of oil business tycoons like former Exxon chairman Rex Tillerson, so the

Deloitte Warns against Bitcoin Wallet Thieves, Others

Asides Bitcoin transactions being irreversible and the prices volatile, Tope Aladenusi, Partner, Cyber Risks Services, Deloitte West Africa, has warned that ‘Bitcoin

FG Applies for Banking Licence for DBN

Federal government has formally applied for operational license for Development Bank of Nigeria (DBN) from the Central Bank of Nigeria (CBN). A statement from the

FXTM: Trump Uncertainty Triggers Dollar Selloff

The Greenback descended deeper into the abyss on Thursday after President-Elect Donald Trump’s news conference failed to provide the much-needed clarity on future fiscal

How Digital Fiat Currency Will Drive Financial Inclusion- eCurrency

Currency as a store of value, unit of account, and medium of exchange has accompanied society since the dawn of civilization and commerce. Fiat currency issued by the

Godwin Emefiele, Governor, Central Bank of Nigeria

CBN Denies Allegation on Forex Racketeering

Central Bank of Nigeria (CBN) has described the Wailing Wailer Group, using the hashtag #OccupyCBN on Twitter, as blackmailers fighting for the interest of economic

Dozie, Diamond Bank MD, Urges Use of Tech to Empower Unbanked Nigerians

Mr. Uzoma Dozie, Managing Director/CEO, Diamond bank Plc, has said that technology remains the best way to empower and bring the unbanked Nigerians into the banking