Money Market

Mastercard Unveils Innovation Engine to Enables Banks, Merchants to Rapidly Innovate with New Digital Platform

The Mastercard Innovation Engine™ serves as a hub for the enablement of varying digital solutions, the first of which provides highly personalized and contextually relevant cardholder experiences May 14, 2019/Mastercard Today, Mastercard introduced the Mastercard Innovation Engine, an API based digital platform that enables issuers and merchants a simplified path […]

Money Market Rate Increased As The Overnight Rate Rose To 10% From 5.93%

Culled—Proshare May 13, 2019 By Anchoria AM Research Money Market The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back (OBB) rose to 10.00% and 9.14% from 5.93% and 5.29% respectively. Consequently, the average money market rate increased by 3.96% to settle at 9.57%. […]

Making Access to Credit and Loan Repayment Available to Anyone, Anywhere

May 13, 2019/Pocket Money Over the past few years, there has been a proliferation of new fintech models, offering alternative financial solutions to the conventional set-ups, more so in the lending sub-sector in Africa. New horizons in the African financial industry are evident with new trends gaining strong traction especially […]