January 18, 2021/EBRD By Axel Reiserer Multilateral development banks (MDBs) and development finance institutions (DFIs) have mobilised US$ 175 billion of private finance in 2019, an increase of 9 per cent over the previous year, a report on the activities of 27 institutions published today finds. The report also finds: The […]
Money Market
GM, Goldman Sachs and Mastercard to Collaborate on New Credit Card Programs
January 15, 2021/Mastercard The Goldman Sachs Group, Inc. (NYSE: GS) and General Motors Co. (NYSE: GM) along with Mastercard (NYSE: MA) announced today the formation of a multi-year relationship for co-branded rewards-based credit cards. Goldman Sachs will be the issuing bank for GM’s credit card programs, with a targeted start […]
CBN Releases Framework for Quick Response Code Payments in Nigeria
January 14, 2021/CBN 1.0 Introduction In furtherance of its mandates to, ensure the safety and stability of the Nigerian Financial System, promote the use and adoption of electronic payments and foster innovation in the payments system, the Central Bank of Nigeria hereby issues the Framework for Quick Response (QR) Code […]
