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18

CBN Financial Policies Are Boosting Trust In FinTechs Ecosystem- PalmPay CEO

independent.ng

Mr. Chika Nwosu, Managing Director of PalmPay, has commended the Central Bank of Nigeria (CBN) for its policies in regulating the FinTech ecosystem. Speaking during Channels TV Business Roundtable as a guest recently, Nwosu said that…

With a16z-backed Synapse’s collapse, BaaS fintech is a mess and 10 million consumers could be hurt

techcrunch.com

Synapse's bankruptcy shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble.

14

Banks Poised to Disrupt FinTechs – Expert Predicts

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, techfocus24, https://newsghana.com.gh/banks-poised-to-disrupt-fintechs-expert-predicts/Lee Maina, Chief Solution Architect and Vice Leader for Fintech at Huawei, has forecasted that…

Friday, May 24

00

Massachusetts AG Forces Fintech from State as Part of “True Lender” Settlement

natlawreview.com

274269 at https://natlawreview.com/article/massachusetts-ag-forces-fintech-state-part-true-lender-settlement

16

GCM Grosvenor to Present at the TD Financial Services & Fintech Summit on June 7, 2024

www.benzinga.com

A link to the live audio webcast of the presentation will be available on GCM Grosvenor's public shareholders website and ...

11

BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%

www.pymnts.com

The FinTech IPO Index lost 2.6% as earnings trickled in. The buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the Consumer Financial Protection Bureau (CFPB) weighed in with new oversight over providers. The…

08

Paytm Layoffs: Fintech Major To Lay Off 5,000 to 6,300 Employees, Plans To Use AI To Reduce Costs, Says Report

www.latestly.com

Paytm reportedly considering to lay off 15-20% employees to meet with its annual cost saving plan of Rs 400-500 crore. The Paytm layoffs will reportedly affect 5,000 to 6,300 employees in the current financial year.

Thursday, May 23

18

Nigeria’s Fintech Freeze: A Pause to Secure the Future?

businesspost.ng

By Elue Precious Remember when accessing financial services meant battling long queues at brick-and-mortar banks? Nigeria’s fintech revolution promised to change that, offering a wave of convenience, and inclusion. However, the Central…

CBN vs fintechs: What's really going on

techpoint.africa

On this week's episode of the Techpoint Africa Podcast, we discuss the CBN-fintech tussle, and the 16-month salary delay at Bloc.

13

Fintech Association of Kenya (FINTAK) Appoints Dr Juliet Ongwae as a Board Director

techmoran.com

The Fintech Association of Kenya (FINTAK) has named Dr Juliet Ongwae as a Board Director, effective May 20, 2024. With over two decades of experience in the digital financial services (DFS) sector, Dr Ongwae is recognized for her…

11

London-based fintech Viable raises €2.8 million to improve finance outcomes for new breed of online and multi-channel merchants

www.eu-startups.com

Viable, an intelligent finance startup that helps consumer brands improve growth, profit and cash flow outcomes, announced the closing of its €2.8 million seed funding round with participation from Episode 1, Haatch, Portfolio Ventures and…

10

Calls for Bank of Ghana to Elevate Head of Fintech and Innovation to 3rd Governor

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/calls-for-bank-of-ghana-to-elevate-head-of-fintech-and-innovation-to-3rd-governor/Founder and CEO of Edel Technology Consulting, Ethel Cofie has…

01

Shutdown of fintech middleman Synapse freezes thousands of Americans' deposits

triblive.com

NEW YORK — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial…

Wednesday, May 22

00

Fintech nightmare: 'I have nearly $38,000 tied up' after Synapse bankruptcy

www.cnbc.com

Synapse is a middle man between customer-facing fintech brands and FDIC-backed banks, but it has had disagreements about how much in customer balances it owed.

The collapse of a fintech firm with 10 million users has left many Americans without access to their money

www.nbcnews.com

A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents.

20

Traditional Banks vs Fintechs in Nigeria

blueprint.ng

The United Nations Sustainable Development Goals (SDGs) aim to transform our world. The 17 goals are a universal call to action to end poverty, protect the planet and improve the …

16

Summer Welcomes New Executives to Propel Growth in the Workplace Fintech Sector

www.prweb.com

Michelle Tran, former commercial leader at Vestwell, and Michael Scully, former product leader at Intuit Credit Karma, join leadership team to accelerate Summer's mission to simplify student loan and education assistance benefits NEW YORK,…

15

Ghana’s FINTECH Industry Making Giant Strides

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, Kwabena Adu Koranteng, https://newsghana.com.gh/ghanas-fintech-industry-making-giant-strides/The Financial Technology industry in Ghana continuous to rise above imagination as regards…

14

London fintech Curve apologises over terms of service error

www.standard.co.uk

The firm said it would not permit transactions blocked by underlying payment sources