Search Result for 'fintech'

The Federal Government has underscored the growing role of emerging technologies such as artificial intelligence, blockchain and fintech in shaping Nigeria’s evolving risk management architecture, as policymakers move to align innovation with ...

Artificial intelligence has become a frontline defence against fraud in Nigeria’s fintech industry, with 87.5% of companies now deploying AI-powered systems to detect and prevent fraudulent activity, according to a new report ...

Nigerian fintech company Paystack says it is launching Paystack Microfinance Bank (MFB), positioning the move as a strategic response to the structural limitations it has encountered in serving fast-growing businesses and individuals ...

The Federal Competition and Consumer Protection Commission (FCCPC) says fintech services are ranking among Nigeria’s biggest consumer protection challenges, with 1,442 complaints lodged between March and August 2025. The latest consumer data ...

Key African stakeholders have agreed on a three-year timeline to harmonise fintech licensing across the continent—an ambitious move designed to ease regulatory bottlenecks, drive cross-border collaboration, and position Africa for integrated digital ...

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), is raising alarm over a growing underground fraud ring where young Nigerians earn as little as ₦1,500 to harvest personal identification details ...

A new report by verification firm Sumsub has revealed an alarming surge in synthetic identity fraud and deepfake attacks, with criminals increasingly deploying generative AI to create hyper-realistic passports, IDs, and biometric ...

African innovators are calling for inclusive artificial intelligence (AI) systems and hyper-local fintech platforms to drive real development across the continent—arguing that imported technologies often miss the mark in solving local challenges.

The Fintech Association of Nigeria (FintechNGR) has announced the planned retirement of Dr Babatunde Oghenobruche Obrimah, Chief Operating Officer (COO), effective May 2025, bringing an end to a pivotal era in the ...

MTN Group, Africa’s largest mobile operator, says it will leverage tariff adjustments and fintech expansion in Nigeria to drive growth in one of its most critical markets.