Most of the world’s developing economies saw foreign exchange reserves dwindle during the COVID-19 pandemic. That’s according to a report Sunday (April 9) by the Financial Times (FT), citing fDi Markets analysis of central bank data from 75 nations collected by Haver Analytics, the latest...
The head of Brazil’s central bank is refuting the idea that banks lose money with the country’s Pix instant payment system. As Reuters reported Friday (Aug. 12), Roberto Campos Neto spoke at an event hosted by banking lobby group Febraban, where he said Pix had...
Central Payment, a payments-tech and card-issuing platform, today announced it has raised $30 million in growth equity financing that will spin it out from Central Bank of Kansas City. “Since inception, we have remained steadfast in our belief that new technology and the stability of...
The central bank of Kenya is putting forward new legislation to govern interest rates charged for digital lenders’ loans. Online lenders will need the green light from the central bank to roll out new offerings or hike lending rates if the legislation is put into...
April 09, 2023
Most of the world’s developing economies saw foreign exchange reserves dwindle during the COVID-19 pandemic. That’s according to a report Sunday (April 9) by the Financial Times (FT), citing fDi Markets analysis of central bank data from 75 nations collected by Haver Analytics, the latest sign of the ongoing effects of the pandemic. The figures […]
August 12, 2022
The head of Brazil’s central bank is refuting the idea that banks lose money with the country’s Pix instant payment system. As Reuters reported Friday (Aug. 12), Roberto Campos Neto...
August 11, 2022
Central Payment, a payments-tech and card-issuing platform, today announced it has raised $30 million in growth equity financing that will spin it out from Central Bank of Kansas City. “Since...
July 24, 2020
The central bank of Kenya is putting forward new legislation to govern interest rates charged for digital lenders’ loans. Online lenders will need the green light from the central bank...
