Harvesh Seegolam: “I will take care to preserve financial and monetary stability”

Harvesh Seegolam’s career as Chief Executive of the Financial Services Commission (FSC) takes on another dimension. “It is an immense honor and a great privilege for me to have been appointed governor of the BoM .” First reaction of the new and younger governor of the Bank of Mauritius to the express , yesterday evening, […]

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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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