CBN orders banks to assess their own cybersecurity within 21 days

CBN has given Nigerian banks 21 days to complete a cybersecurity self-assessment, warning that false submissions will attract sanctions under BOFIA 2020.

BREAKING: South Africa’s ACH, BankservAfrica rebrands to PayInc SA

BankservAfrica, South Africa's 53-year-old money movement backbone, rebrands to PayInc SA.

NIBSS to unify QR codes for payment in Nigeria with NQR

The Nigeria Inter-bank Settlement Systems PLC (NIBSS) launched the Nigeria Quick Response Code (NQR). In this story, we compare the NQR and PoS features.