Category: FINTECH

Central Bank Of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described As An ‘Attack On All Fintechs’

The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include…

JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need To Be Dealt With Quickly’

JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are…