China’s State Administration for Market Regulation (SAMR) said it wanted to prevent platforms from dominating the…
Category: Finance
Neobanks’ Performances Faltered Compared to Incumbent Peers
Incumbent banks are all benefiting from the rapid growth in digitalization amidst the coronavirus outbreak, whilst…
Democratic Republic of Congo Ban on Direct Insurance Abroad
Insurance Regulatory and Control Authority (ARCA) of the Democratic Republic of the Congo (DRC) has issued…
Capitec to Offer Home Loans
Capitec, has partnered with SA Home Loans to launch its first full home loan offering. The…
Oman to Start Levying a 5% Value Added Tax
Tax will be on most goods and services, though with some exceptions. There will be exemptions…
Neobanking is Steadily Making Inroads into UAE
ADQ will be setting up a digital bank in the United Arab Emirates (UAE) with an…
Chile’s Economy Grows
Chile’s economic activity sank 5.3% in September year-on-year but grew 5.1% from the previous month, the…
ConsenSys is Becoming Increasingly Active in the Central Bank Digital Currency Space
ConsenSys has just sealed its sixth central bank digital currency project. On Oct. 28, the blockchain…
Quick Fix Amendments to EU Banking Rules
European Commission announced a banking package proposed to facilitate bank-lending in an effort to support the…