VISA Inc introduces VISA+, a new service enabling both transfers between participating P2P payment apps and real-time payouts to participating apps. The payment platform expands its reach with the new service that seeks to solve problems of sending money to users who don’t use the same payment platform. “Sending and receiving money traditionally meant both...
Day: <span>12 April 2023</span>
Post
Post
Cyber Security | CEO impersonation is on the rise, and it puts the entire organisation at risk
One of the most successful cyber-attacks of 2022 is CEO fraud, also known as Business Email Compromise (BEC). According to the FBI’s Internet Crime Complaint Center 2021 report, this type of attack is one of the most profitable, and one that has seen a significant increase. It is also incredibly smart – cybercriminals impersonate the...
Post
West African Monetary Institute to receive $8 million from African Development Fund
The Board of Directors of the African Development Fund has approved $8 million in funding toward the establishment of a digitally interoperable unique bank identification system and harmonised customer identification framework for The Gambia, Guinea, Liberia and Sierra Leone. Implementation of the project will commence in July 2023, led by the West African Monetary Institute (WAMI),...