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USA: Walmart Lures Goldman Bankers to Run its Fintech

USA: Walmart Lures Goldman Bankers to Run its Fintech
Members Public

Walmart in bid to fight Wall Street is luring Goldman Sachs Bankers to run its fintech.

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NatWest initiates Open Banking payments for business customers

NatWest initiates Open Banking payments for business customers
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NatWest will use Open Banking technology to enable businesses send payments directly to customers without any need for their bank details.

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Tanzania: M-Pesa's app latest update includes the mini-apps of M-Pawa and Mastercard

Tanzania: M-Pesa's app latest update includes the mini-apps of M-Pawa and Mastercard
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The latest M-Pesa App in Tanzania includes the mini-apps of M-Pawa and Mastercard.

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Zambia: Zamtel empowers former workers with call center

Zambia: Zamtel empowers former workers with call center
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Zamtel officially transfers its Call Centre operations to a company owned and managed by its former employees.

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Cameroon: Fintech startup Diool raises $3.5 million to scale operations

Cameroon: Fintech startup Diool raises $3.5 million to scale operations
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Diool, a Cameroonian fintech startup, has raised $3.5 million funding to expand operations.

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Nigeria: CcHub announces first three investments made via new syndicate

Nigeria: CcHub announces first three investments made via new syndicate
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CcHub, based in Lagos Nigeria, has announced the first round of investments made by the syndicate it launched late year.

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USA: Entire Federal Reserve Payment System Crashes

USA: Entire Federal Reserve Payment System Crashes
Members Public

USA's entire federal reserve payment system crashed yesterday, resulting from 'operational error' freezing over $3 trillion in everyday transactions including paychecks, tax refunds, and bill payments.

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JPMorgan: Fintech is the 'real Covid-19 story,' not bitcoin

JPMorgan: Fintech is the 'real Covid-19 story,' not bitcoin
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According to JPMorgan, the rise of digital finance is the “real financial transformation story of the Covid-19 era.

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