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News
CBN urged to expand oversight of fintech, cloud risks
2+ hour, 35+ min ago (861+ words) The Central Bank of Nigeria has been urged to expand its oversight of financial institutions to cover risks from cloud providers, telecom networks, fintechs and other technology partners. Director-General of the National Information Technology Development Agency, Kashifu Inuwa, said traditional…...
Philippine central bank joins regional task force to fight financial scams
46+ min ago (141+ words) Junior monetary officials will receive a newly endorsed training programme. Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. and his Asia-Pacific counterparts have agreed to strengthen cooperation on scam prevention and the risks and opportunities of artificial intelligence facing…...
Maya puts customer trust at heart of digital finance security
29+ min ago (377+ words) At the recent BusinessWorld Cybersecurity Summit, Maya executives said the shift is changing how financial institutions approach security, what customers should expect from digital finance providers and how regulation needs to evolve alongside emerging threats. Maya has put security controls…...
Name change at one bank will update all others automatically the next day
2+ hour, 21+ min ago (279+ words) A system that automatically updates personal information across all financial institutions when a customer changes their name or resident registration number — after visiting just one institution — will be introduced in the first half of next year. The Regulatory Rationalization Committee's…...
Maya on Money | Syndicates use scary new tactics to target your banking app
2+ hour, 58+ min ago (79+ words) News24 Maya on Money | Syndicates use scary new tactics to target your banking app - Virus-infected sardines force Koeberg to reduce energy output - Surfing legend Shaun Tomson ‘totally stoked’ to relaunch Instinct clothing brand - The legal trade that may sink a DA…...
How Digital Payments Are Democratising Access to Commerce and Financial Services
1+ hour, 20+ min ago (190+ words) What sits behind the card One network, many customers Why digital acceptance matters for small businesses The same principle applies to merchants. For a small business, the ability to accept digital payments can bring immediate benefits. It gives customers more…...
Why Southeast Asian wealth managers must design the business before buying the technology
1+ hour, 42+ min ago (233+ words) What works for a private banking client in Singapore may be poorly suited to an affluent client elsewhere. As private wealth expands and a more digitally fluent generation enters the market, Southeast Asian wealth managers face real pressure to modernise....
Singapore’s most valuable payments export is not its own volume
1+ hour, 25+ min ago (260+ words) Whoever operates the connections will shape global commerce. In payments, going global has long meant going generic: one network, one user experience everywhere. Singapore suggests otherwise. Its most valuable contribution to global payments is not its own transaction volume. It…...
Firm deepens digital payment with social finance
1+ hour, 30+ min ago (365+ words) The Nation Newspaper Firm deepens digital payment with social finance RockPay, a Nigerian financial technology platform, has introduced digital finance strategy that combines secure payments, business growth tools, and community-driven fundraising in one seamless platform. Designed for individuals, businesses, and…...
Saving Account Cash Limit: How much money can you deposit in your savings account? Know the rules of the bank - informalnewz
2+ hour, 7+ min ago (387+ words) Saving Account Cash Limit: Generally, there is no fixed maximum limit for keeping money in any savings account, that is, you can keep any amount in your account as per your need and income. Saving Account Cash Limit: The trend…...