Ecobank Group, Alipay enter cross-border remittance partnership

Ecobank Group enters cross-border remittance partnership with Alipay to bring more inclusive financial services to users A cross-border remittance agreement was signed by Ecobank and Alipay aiming to boost Financial Services through a safe, efficient, convenient and affordable way in facilitating money transfer for workers remittance back home. This partnership is believed to help ensure […]

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Successful Fin-Tech in Kenya discussed

Kenya’s fintech revolution has helped the country achieve near total financial inclusion, but are consumers really benefiting and are they adequately protected? Kenya boasts of several attributes such as one of Africa’s top-performing economies growing at an annual 6 percent rate, 82.9 percent adults accessing a minimum of one financial product and is home to […]

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HSBC to launch robo advisor, cross border payments this year

As digital challenger banks expand their product suites, large players like HSBC are quickly evolving their digital offerings to attract and retain customers. The HSBC Bank will launch a Robo-advisor, new domestic and cross border payments this year. This was announced by HSBC Bank US’s executive vice president and head of customer value management, Mr. […]

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UAE Central Bank seeks feedback on new financial consumer protection rules

The Central Bank of the UAE is seeking feedback from key stakeholders in the UAE for a new regulatory framework aimed at better protecting financial consumers in the second-biggest Arab economy. As part of a new Financial Consumer Protection Regulatory Framework, the Central Bank of UAE is calling for feedback to help develop and implement […]

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UNODC, PM discuss Fin-Tech platform

UNODC representative meets Prime Minister Jugnauth. The UN Office on Drugs and Crime (UNODC) Regional Representative for Eastern Africa to Mauritius, Dr. Amado Philip de Andres held a meeting with PM Mr. Pravind Jugnauth where issues such as the creation of FinTech platform to support financial institutions were on the agenda. Dr. Amado Philip de […]

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Governor hints at review of banking laws at an advanced stage

Speech of Mr Yandraduth Googoolye, Governor, Bank of Mauritius, At the opening of the Seminar on Core Elements of Banking Supervision organized by AFRITAC South Ebène Mauritius The Bank of Mauritius (BoM) Governor Mr. Yandraduth Googoolye has urged banking supervisors to avail of opportunities offered by the Knowledge Management Centre housing periodicals, financial magazines, books, […]

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