Financial Technology
Vanguard Agrees to Acquire Altruist in Roughly $4 Billion Deal
Vanguard Group has agreed to acquire Altruist, a wealth-management technology platform serving independent financial advisers, in a deal reportedly worth roughly $4 billion,...
Stablecoin Card Spending Could Reach $50 Billion Annually by 2028
Global spending through stablecoin-linked payment cards could quadruple to $50 billion a year by 2028, according to stablecoin payments company RedotPay. The forecast...
India to Launch First Tokenised Corporate Bond Issue in September
India is preparing to launch its first tokenised corporate bond issue next month as authorities test blockchain technology for faster and more efficient...
Expert Urges Banks and Fintechs to Take Proactive Measures Against Cyberattacks
By Benson Daniel Banks and financial technology companies have been urged to adopt proactive cybersecurity measures as cybercriminals increasingly deploy artificial intelligence and...
Transaction Monitoring Becomes Strategic Priority for Nigerian Banks
By Benson Daniel Transaction monitoring is increasingly moving beyond its traditional role as a regulatory compliance function to become a strategic priority for...
NIBSS Payment System Records 26.55m Transactions Worth N1.4trn
By Benson Daniel The National Payment Stack operated by the Nigeria Inter Bank Settlement System has processed 26.55 million transactions valued at N1.4...
New Crypto Tax Explained: Who Pays, What Is Taxed, Exemptions and Penalties
By Benson Daniel The Federal Government has introduced a new tax framework for cryptocurrency transactions as part of efforts to expand the nation's...
