Snap - Monthly Newsletter
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Welcome to our monthly newsletter ‘Snap’ direct from Vigipay.
Vigipay, a payment platform, offers you 3products which are: Swerve, Fidesic and Sling. To learn more about our products, visit vigipay.co
You can expect updates from financial and business industries to keep you up to date on the latest news.
NIBSS: E-payment transactions in Nigeria hit N32.8 trillion in September 2022.
The surge in electronic transactions shows that more Nigerians are embracing the cashless policy of the CBN
The?Nigeria Inter-Bank Settlement Systems (NIBSS)?has revealed that transactions worth N32.8 trillion were performed electronically in September through the NIBSS Instant Payment platform (NIP). This brings the total value of e-payment deals in the last 9 months to N271.5 trillion
Exchange rates between Naira and Dollar on 10th October 2022.
The exchange rate between the naira and the US dollar depreciated at the black market on?Thursday, 13th October 2022, trading at an average of N732/$1 compared to N730/$1 recorded in the previous trading session.
FTX and Visa Expand Global Partnership.
FTX.com will introduce FTX account-linked Visa debit cards in 40 new countries, initially across Latin America with rollouts in Europe and Asia. Read more
1 in 5 FinTechs loses $11m each year due to BaaS delays.
The “Confusion, cost, and compliance: The bifurcation of BaaS and Embedded Banking” report found that FinTechs are increasingly reliant on their BaaS providers to speed time to market, boost revenues, and meet compliance demands. Read more
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Hong Kong eyes launch of anti-fraud search engine.
According to HKMA, the ‘Scameter’ search engine by the Hong Kong Police Force will enhance the prevention, detection, and disruption of fraud in Hong Kong as well as cut public financial losses. Read more
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