In a new report by United National Capital Development Fund entitled “Electronic Levy: Possible Scenarios on the Progress of Digital Financial Inclusion” explores the pros and cons of the introduction...
Fintech Labs was founded in 2001 by two financial services veterans with the goal of connecting small business owners to the best new fintech services to help them manage,...
BY: Kwami Ahiabenu II (Ph.D.) For most people, WhatsApp is a cool tool for fun. So are Telegram, Signal, WeChat, Discord, iMessage, Messages, Viber, Facebook Message, Botim etc. However,...
Binance Holdings Ltd, one of the largest cryptocurrency exchanges by volume, has restricted personal accounts of 281 Nigerian users in accordance with anti-money laundering regulations by the Central Bank...
Koho Financial Inc. says it has raised $210 million in a series D funding round as it looks to expand its head count and accelerate growth. The Toronto-based fintech...
2022 Promises to be a Big Year for Fintech in Africa. The continent is now home to increasing the number of Fintech and turn-key innovative solutions, thereby assuming a...
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of virtual digital assets, a first for the nation. Additionally, she also said that...
DeFi Takes on Bigger Role in Money Laundering But Small Group of Centralized Services Still Dominate
Cybercriminals dealing in cryptocurrency share one common goal: Move their ill-gotten funds to a service where they can be kept safe from the authorities and eventually converted to cash...
The European Banking Authority (EBA) launched today its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be central...
MDOTM, the European leader in developing AI-driven investment strategies, acquires the team of Mercurius Betting Intelligence, a company specialized in betting models and sports prediction with artificial intelligence active...