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Egypt's CIB expands presence in Kenya by acquiring majority stake in Mayfair Bank

News | E-invoicing, SCF & E-procurement | 28 Apr 2020

Egypt-based Commercial International Bank (CIB) has received the regulatory nod from the Central Bank of Kenya (CBK) to acquire a 51% stake in Kenya-based Mayfair Bank.

Egypt, CIB, Mayfair Bank, Kenya, CBK, bank, market share

i2c, Archa announce corporate credit programme for SMBs

News | Cards | 19 Mar 2020

i2c and Australia-based neo corporate card provider Archa have announced a corporate credit programme designed specifically for small and medium sized businesses (SMBs). 

i2c, market share, Australia, Archa, card, SMBs, payments , Open Banking, data, AI, ML, merchants, credit card, money management

Lawsuit claims Lyft misled investors in its IPO prospectus

News | Digital Identity, Security & Online Fraud | 21 May 2019

A class-action lawsuit has claimed Lyft misled investors in its filing to go public, and its shares dipped as much as 3.6%, while the stock ended trading up 1.6%.

Lyft, lawsuit, investors, IPO prospectus, fraud, misleading, stock, shares, US, mischief, market share, safety