June 18, 2020/EBRD By Olga Rosca @olgarosca TPAY MOBILE, regional champion in mobile payments, establishes foothold in Turkey EBRD loan finances acquisition of Fintech company Payguru Cashless mobile payments gain popularity during coronavirus pandemic New financing by the European Bank for Reconstruction and Development (EBRD) is helping to increase the availability […]
Money Market
Mastercard Research Shows Surge in Digital Payments as E-commerce Reaches New Heights Around the World
June 18, 2020/Mastercard The way we shop is changing. With constraints imposed on our daily lives due to COVID-19, consumers are adopting new payment habits at an accelerated pace, according to a global study by Mastercard conducted in 15 markets. Consumers are increasingly moving away from cash and opting for […]
Nigeria’s Naira Slides on Official Market on Plan to Align Exchange Rates
by Chijioke Ohuocha of Reuters Nigeria’s naira opened 6.2% lower against the U.S. dollar on the official market on Wednesday as traders quoted the currency close to the over-the-counter spot market rate on indications the government would move to conserve dwindling reserves. In a finance ministry document seen by Reuters […]
