July 1, 2025/FirstBank of Nigeria FirstBank, the West Africa premier financial institution and financial inclusion services provider has launched an advanced facial biometric technology on its mobile banking application- FirstMobile, along with other exciting features that includes: • Facial recognition sign-up and activation • Virtual credit cards for secure online […]
Money Market
Fed Says Stress Test Shows Large Banks Positioned to Weather Severe Recession
The results of the Federal Reserve Board’s annual bank stress test showed that large banks are well positioned to weather a severe recession, while staying above minimum capital requirements and continuing to lend to households and businesses. Under this year’s hypothetical recession, the aggregate decline in the common equity tier […]
Moniepoint recognized by TIME as one of the World’s Most Influential Companies of 2025
June 26, 2025/Thoburns Moniepoint Inc. (“Moniepoint” or the “Company”), Africa’s leading business banking platform, has been named to the TIME100 Most Influential Companies list for 2025 – a global recognition of companies making an extraordinary impact around the world. This marks Moniepoint’s debut on the prestigious list, underscoring its growing […]
