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Goldman Gets Green Light To Operate Bank In South Africa

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South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

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Goldman Joins South Africa’s Johannesburg Stock Exchange

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South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Capital 131
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How To Build A Digital ID In Layers

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In perhaps the most sweeping example, the member states of the United Nations have embraced, as part of “sustainable development goals,” a target to “provide legal identity for all, including birth registration,” by 2030. The initiative will be on hold until the government enacts new laws that would safeguard data security.

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Online Liquor Sales Are Booming – Can Digital ID Keep Up?

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Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. For those plans to succeed, however, a robust system of digital ID is necessary, lest regulators and parents decide such a retail activity is unsafe for children, and take steps to pull it back.

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Trulioo Teams With Refinitiv To Bring 5B Consumers Into The Financial Mainstream

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Trulioo said it is teaming with Refinitiv — operator of the World-Check Risk Intelligence database — to promote global financial inclusion and fight fraud. The technology helps to ensure compliance with anti-money laundering (AML) and other compliance regulations, and Refinitiv is among the biggest players in this space.

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Deep Dive: Emerging Response To B2B, P2P Cross-Border Payments Pain

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Recipients are often allowed to collect funds within minutes of payers initiating transactions, but the funds take longer to actually move between money transfer operators (MTOs). The United Nations set a goal for remittance fees to amount to just 3 percent of each transaction’s value by 2030. Remittances from Filipinos totaled $2.8

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Car Commerce Tracker: Self-Driving Tech Companies Weigh In On California Policy

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Then, companies working to develop the technological means for cars to drive themselves have levied more than a few criticisms against proposed regulation changes in the state of California. trillion in additional revenue potential in the automotive industry by 2030. sales operations.