The report by the World Bank and key research institutions highlights how digital innovations like biometric IDs, mobile ...

Meanwhile, domestic borrowing will see a sharp drop, from Shs8.9 trillion to Shs4 trillion, to ease private sector credit access ... lenders such as African Development Bank, Islamic Development ...

Debit card usage has only 10% penetration ... Infrastructure development is being addressed through various public-private partnerships. The African Development Bank has committed substantial ...

The African Development Bank projects an annual economic growth rate of 4.3% ... The continent faces a host of economic challenges – debt sustainability, limited access to credit, high borrowing costs ...

Some credit cards provide roadside assistance perks. Most cards will arrange help at a set cost, but some provide coverage up ...

Recent data published by the Federal Reserve Bank of New York show that the proportion of American credit-card debt in ...

The fees are controversial for card networks and consumers, but the impact on banks has been muted. Here's why that could ...

The Department of Government Efficiency announced on X Tuesday that it had uncovered over four million government credit ...

The US government currently has ~4.6M active credit cards/accounts, which processed ~90M unique transactions for  ~$40B of spend in FY24,” read an X post from the cost-cutting initiative’s ...

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

For no annual fee, the Wells Fargo Attune card earns an impressive 4% back on an equally impressive wide range of categories ...

ADDIS ABABA (Reuters) - African leaders have approved the establishment of a $20 billion continental financial stability fund ...