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Universal Digital Payments Network and Forus Digital co-operate on CBDC testing environment

In Sub-Saharan Africa, approximately 105 million adults are unbanked and lack proper identification documents.

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TransferTo and Ecobank ink MoU

TransferTo, a Singapore-based global technology group, and Ecobank Group the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border payment solutions across Africa.

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Cross party group of MPs opens inquiry into access to banking

A cross-party group of MPs has launched an inquiry into access to banking which will look at issues such as the problem of branch closures and access to banking services and financial products for SMEs.

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Former World Bank executive Marko Voljc joins Fingular advisory board

Fingular, a Singapore-based global neobank, announces the appointment of Marko Voljc as the member of its Advisory Board.

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Peruvian SuperApp Yape taps TerraPay for international money movement

To promote financial inclusion and accessibility, TerraPay, a leading global money movement company, has partnered with Yape, the superapp of Peru.

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Orange expands across Africa with support from Mastercard

Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa.

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EFT Corporation and Visa sign five-year deal

EFT Corporation (EFTCorp) and Visa have announced a transformative five-year partnership aimed at revolutionising Africa’s digital payments landscape.

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Smart Money People launches vulnerability working group

Smart Money People, the UK’s most comprehensive financial services review site, has launched a new cross-industry working group focused on creating better communication for customers in vulnerable situations.

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World Federation of Exchanges launches financial literacy event

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, is holding its fifth annual Ring the Bell for Financial Literacy event, to promote awareness of the role and importance of investor education and protection.

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Erste Group and Salt Edge join unite for multi-banking services to the CEE region

With a rich history of over 200 years in the banking industry, Erste Group, a powerhouse in Eastern Europe’s financial services, has chosen to collaborate with Salt Edge, a leading open banking solutions provider. This strategic partnership, backed by the extensive expertise of both entities, is set to revolutionise multi-banking services in the CEE region. The aim is to bolster the multi-banking functionalities for Erste Group’s retail and corporate customers through the George banking app and the ErsteConnect API.

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Chase to hire more community managers in underserved communities

JPMorganChase today announced plans to hire an additional 75 community managers by 2030 to provide greater access to banking, tools and advice, and help customers get on a path to financial health and resilience.

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Moneyboxx opens South Indian branches

Moneyboxx Finance Limited (Moneyboxx), a BSE-listed Non-Banking Finance Company that focuses on impact financing by providing business loans to micro entrepreneurs in Tier-III & below places, announced the opening of 28 branches in September 2024, of which 18 branches were opened in the states of Andhra Pradesh, Karnataka, Tamil Nadu, and Telangana.

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