Big Data

The Central Bank of Nigeria (CBN) has unveiled its central bank digital currency (CBDC) eNaira in its pilot study named Project Giant.

Data and analytics software business Quantexa has unveiled the latest release of its data analytics platform to help companies tackle the rapid proliferation of data.

Precision payments platform Anomaly has netted $17m in seed and Series A funding as it looks to bolster its market footprint.

While digital transformation was way underway before the Covid-19 pandemic hit, the face-to-face restrictions imposed by the crisis put rocket boosters underneath digital tools designed to simplify complex manual processes normally conducted in person.

MioTech, which helps financial institutions meet ESG compliance, has secured an investment as it looks to grow in China

The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.

UAE-based open innovation platform Fintech Galaxy has collected $2m in its seed round to support its goal of boosting financial inclusion in the Middle East and North Africa.

Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.

A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable has changed the banking industry.

Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).