Money Market

Mastercard Extends Open Banking Efforts with Close of Finicity Acquisition

November 19, 2020/Mastercard Mastercard (NYSE: MA) today announced it has completed its acquisition of Finicity, a leading North American provider of real-time access to financial data and insights. “Today is a great milestone as we continue to build out the solutions that deliver on the potential of open banking,” said […]

CBN’s Stress Test Reveals Nigerian Banks Vulnerability to Economic Headwinds

November 18, 2020/Proshare By FDC Research The CBN has revealed that based on the stress test conducted on twenty-seven (27) financial institutions, most banks are vulnerable to economic headwinds. However, the banking industry’s solvency and liquidity position remain robust. The apex bank in its economic report for the first half […]

UBA Deepens Retail Products, Services through Digital Channels across Africa

November 14, 2020/UBA Plc Pan African financial services institution, United Bank for Africa (UBA) Plc has deepened its retail products and services with an aim to delivering services aimed at meeting the needs of its customers across Africa. These services and product offerings, targeting at all classes of customers have […]