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Deepening Nigeria’s Payments System | THIS DAY

by on July 20, 2021 0

Donald nwaogu The Central Bank of Nigeria (CBN) recently unveiled its intention to launch its digital currencies before December 2021. With this plan, the CBN joins over 70% of central banks around the world who are respectively studying payment technology following increasing investor interest in cryptocurrency. In addition, technological advancements in recent years, which...

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Report reveals street performers depend on digital payments – bitcoin news

by on July 17, 2021 0

Street performers, or street musicians, are turning more to digital platforms these days than the old method of accepting currency. A recently released report by economists at RMIT University in Melbourne, Australia found that in some areas buskers receive more donations through digital payment methods like Paypal and Bitcoin from passers-by, than through passers-by....

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Northern California National Bank announces results of

by on July 16, 2021 0

CHICO, Calif., July 15, 2021 (GLOBE NEWSWIRE) – Northern California National Bank (“NorCal” or the “Bank”) today announced the results of the previously announced cash tender offer by investors seeking to acquire all of the outstanding shares of NorCal (the “Investors”), a planned reverse stock split and the closure of its share transfer cases...

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CEMAC: BEAC reactivates the financial standardization committee to ensure good management of new payment systems

by on July 13, 2021 0

(Business in Cameroon) – On July 7, 2021, the CORENOFI Financial Normalization Technical Committee of the Bank of Central African States (BEAC) emerged from its decades-long hibernation. It was reactivated by Abbas Mahamat Tolli (photo), governor of the BEAC, during a meeting in Douala. According to a note published at the end of the...

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