Banks

The Real Battle Between Banks and Fintechs is just Beginning
Business, ecosystem, FinTech, Government, Mobile, News, Policy, startups, Technology
7th November 2019

The Central Bank of Nigeria (CBN) wants banks to lend more. This time it’s not just talking. It is compelling them, somewhat. But the new policy it has issued could set the stage for the first real tussle between banks and fintechs.


Apps, Social Media, startups
8th January 2016

Uber is an international entity, and their merchant accounts are not based locally, in every country from which they operate. In cases like this, banks typically add an international transaction fee for each purchase using locally denominated debit cards.


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