Amazon deepens push into financial services in India with acquisition of Axio, a buy now pay later startup, to expand credit access to millions of underserved customers.
Clearwater Analytics acquires Enfusion, a portfolio management system provider, for $1.5 billion, enhancing its offerings for asset managers and expanding into new markets.
Absa Africa Financial Markets Index reveals significant market developments in 2024, with South Africa leading the way in foreign exchange accessibility, scoring 87 out of 100.
Absa Africa Financial Markets Index reveals significant market developments in 2024, with South Africa leading the pack in foreign exchange accessibility
The Financial Action Task Force (FATF) has added 14 African countries to its grey list, citing deficiencies in anti-money laundering and counter-terrorism financing frameworks, which could lead to significant economic and reputational damage.
BestBrokers' report ranks the most secure currencies globally, highlighting innovative security features that make counterfeiting extremely difficult.
The Bank of Ghana is set to introduce a new foreign exchange law to replace the 2006 Act, aiming to transform Ghana's financial landscape and attract local and foreign investors.
The Consumer Financial Protection Bureau has dismissed its lawsuit against Zelle and its bank owners, JPMorgan Chase, Bank of America, and Wells Fargo, over alleged failures to protect users from fraud.
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