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129 results for "payments"

Google Picks 4 Nigerian Startups From 2,600 Applicants
Innovation42m ago

Google Picks 4 Nigerian Startups From 2,600 Applicants

Four Nigerian tech startups just earned spots in Google's prestigious Accelerator Africa program, beating out nearly 2,600 competitors from across the continent. They're using AI to solve real problems in banking, payments, and financial access for everyday Africans.

Premium Times Nigeria2 min read
Nigeria Banks Get Real-Time Tool to Stop Fraud
Solutions9h ago

Nigeria Banks Get Real-Time Tool to Stop Fraud

Nigeria's Central Bank and telecom regulator just launched a system that lets banks instantly verify if a phone number has been hijacked before processing payments. Financial fraud dropped 51% this year, and this new partnership could drive losses even lower.

TechCabal3 min read
Slovaks to Vote on Ending Lifetime Politician Payments
Solutions21h ago

Slovaks to Vote on Ending Lifetime Politician Payments

Over 350,000 Slovaks signed a petition to hold a referendum on canceling lifelong payments for political leaders who served multiple terms. The July vote represents citizens taking direct action to reshape how their government compensates former officials.

Euronews2 min read
Australia Sees First Cash Use Increase in Decades
Innovation1d ago

Australia Sees First Cash Use Increase in Decades

After years of decline, Australians are reaching for their wallets again. Cash transactions rose slightly between 2022 and 2025, reversing a two-decade trend toward digital payments.

ABC Australia2 min read
Canberra Helps People With Disabilities Own Their First Homes
Community Heroes1d ago

Canberra Helps People With Disabilities Own Their First Homes

Four Australians with intellectual disabilities just became homeowners through an innovative program that transforms their support payments into property equity. The model is now expanding nationwide after proving people with disabilities can thrive as independent homeowners.

ABC Australia2 min read
African Fintech Payaza Earns AA- Rating, Launches WhatsApp Pay
Innovation1d ago

African Fintech Payaza Earns AA- Rating, Launches WhatsApp Pay

Payaza just became one of Africa's highest-rated fintech companies with new AA- and A- credit ratings. The company is celebrating by launching tools that let businesses accept payments right from WhatsApp.

Techpoint Africa2 min read
Ghana Uses AI to Stop Mobile Money Fraud
Innovation1d ago

Ghana Uses AI to Stop Mobile Money Fraud

Ghana's mobile money industry is using artificial intelligence to catch fraudsters before they strike. The new system spots suspicious behavior patterns, protecting millions who rely on digital payments every day.

Myjoyonline Ghana2 min read
Africa's Mobile Payment System Hits 80 Billion Transactions
Solutions3d ago

Africa's Mobile Payment System Hits 80 Billion Transactions

Africa has leapfrogged traditional banking to become a mobile money powerhouse, processing over 80 billion transactions annually. Now the continent is building the reliability needed to turn this access into unstoppable growth.

TechCabal3 min read
Tulupay Launches Africa's First Unified Financial System
Innovation3d ago

Tulupay Launches Africa's First Unified Financial System

A new platform promises to make sending money across Africa as simple as sending a text message. Tulupay's Financial Operating System connects traditional banks, mobile money, and digital currencies into one seamless network spanning the continent. #

Techpoint Africa3 min read
Kaduna Pays $3M in Pensions to 1,637 Retired Workers
Community Heroes5d ago

Kaduna Pays $3M in Pensions to 1,637 Retired Workers

Over 1,600 retired civil servants in Nigeria's Kaduna State just received long-awaited pension payments totaling $3 million. The disbursement honors decades of public service and marks the latest step in clearing a backlog that left many retirees struggling.

Premium Times Nigeria2 min read
African CEO Joins Elite Global Economic Leadership Forum
InnovationApr 14

African CEO Joins Elite Global Economic Leadership Forum

Wale Ayantoye, founder of GiriToday, has been selected to join Semafor World Economy Principals, a curated group of leaders shaping global trade and commerce. His platform helps African small businesses sell products worldwide by simplifying payments and shipping.

Techpoint Africa2 min read
NIH Research Funding Saved as Court Battle Ends
SolutionsApr 9

NIH Research Funding Saved as Court Battle Ends

The Trump administration dropped its fight to slash university research overhead payments, ending a 14-month battle that threatened America's science institutions. Research universities can now continue receiving critical funding for labs, staff, and facilities.

STAT News2 min read
Kenya Unlocks $15M to Compensate Protest Victims
SolutionsApr 8

Kenya Unlocks $15M to Compensate Protest Victims

Kenya has allocated two billion shillings (about $15 million) to compensate victims of protests and human rights violations from 2017 to 2024. Over 1,200 people have already been identified for support, with a comprehensive framework offering medical care, counseling, and official recognition beyond just financial payments.

AllAfrica - Headlines2 min read
Finland's 2-Second Payments Transform Online Commerce
SolutionsApr 7

Finland's 2-Second Payments Transform Online Commerce

Finland has become Europe's testing ground for instant bank payments that complete transactions in seconds, not days. The innovation is reshaping how millions shop, play, and pay online across the continent.

Regional: finland innovation (FI)3 min read
Nigerian Football League Pays Players $258K in Instant Wins
SportsApr 6

Nigerian Football League Pays Players $258K in Instant Wins

Nigerian football players are now getting paid within minutes of winning their matches, thanks to a groundbreaking bonus program that's transforming the country's second-tier league. Over $258,000 has already landed in players' accounts while they're still showering after games.

Premium Times Nigeria2 min read
Nigeria Pays $2B in Power Debts to End Decade of Outages
SolutionsApr 5

Nigeria Pays $2B in Power Debts to End Decade of Outages

Nigeria is settling $2 billion in decade-old electricity debts to finally give its citizens reliable power. The first payments are already flowing to 15 power plants, with more stability expected soon.

Vanguard Nigeria2 min read
Flutterwave Wins Banking License to Serve Millions More
SolutionsApr 2

Flutterwave Wins Banking License to Serve Millions More

Africa's biggest payments company just earned the right to offer loans and savings accounts in Nigeria, bringing financial services to millions who need them most. The move puts Flutterwave in direct competition with digital banks already transforming how everyday Nigerians handle money.

Premium Times Nigeria2 min read
Flutterwave Hits $40B in Payments, Gets Banking License
InnovationApr 2

Flutterwave Hits $40B in Payments, Gets Banking License

African fintech giant Flutterwave just secured a banking license in Nigeria after processing $40 billion in payments across the continent. The move lets the company hold deposits and issue loans for the first time, transforming it from a payment processor into full-scale financial infrastructure.

TechCabal3 min read
Lagos Police Pay $106K to Families of Fallen Officers
Acts of KindnessApr 2

Lagos Police Pay $106K to Families of Fallen Officers

Families of police officers killed in the line of duty received $106,000 (₦53.3 million) in support from the Lagos Police Command. The payments honor fallen heroes while providing financial relief to those left behind.

Vanguard Nigeria2 min read
Money Sent Home by Migrants Cuts Poverty Worldwide
SolutionsApr 2

Money Sent Home by Migrants Cuts Poverty Worldwide

A new study of 62 developing countries found that money sent home by workers abroad significantly reduces poverty at every level measured. When families receive these payments, they move from survival to stability.

Google News - Poverty Reduction2 min read

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