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Tag: Payment Service Bank

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November 19, 2019 | Temple Ezebuike | Articles | cbn, Financial Inclusion, Payment Service Bank

Payment Service Bank: Impact on Retail Banking

At a telecoms conference in Cape Town, South Africa, Rob Shuter, the CEO of the MTN Group, stated that the Group has put in an application for a Payment Service Bank (PSB) licence, and may launch the bank this year. Although, the PSB has not been launched, and as MTN awaits such PSB licence from the …

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