Money Market

GM, Goldman Sachs and Mastercard to Collaborate on New Credit Card Programs

January 15, 2021/Mastercard The Goldman Sachs Group, Inc. (NYSE: GS) and General Motors Co. (NYSE: GM) along with Mastercard (NYSE: MA) announced today the formation of a multi-year relationship for co-branded rewards-based credit cards. Goldman Sachs will be the issuing bank for GM’s credit card programs, with a targeted start […]

CBN Releases Framework for Quick Response Code Payments in Nigeria

January 14, 2021/CBN 1.0            Introduction In furtherance of its mandates to, ensure the safety and stability of the Nigerian Financial System, promote the use and adoption of electronic payments and foster innovation in the payments system, the Central Bank of Nigeria hereby issues the Framework for Quick Response (QR) Code […]

CBN Unveils Framework for Regulatory Sandbox

January 14, 2021/CBN 1.0            Introduction In view of increasing consumer appetite for payment solutions and emerging disruptive technology in the financial services space, the Central Bank of Nigeria (CBN) has deemed it pertinent to ensure new and more flexible ways of engaging with the industry. One of the options being […]