The banking industry is on the brink of a significant transformation, driven by advances in artificial intelligence (AI). According to recent studies, over 72% of finance leaders are already incorporating AI into their operations, demonstrating a strong recognition of its potential to enhance efficiency and improve customer experiences. From fraud detection to optimizing customer onboarding […]
Nigerian Authorities Freeze Crypto Traders' Bank Accounts Amid Currency Crisis
In a decisive action taken by Nigeria’s Economic and Financial Crimes Commission (EFCC), over $330,000 in bank accounts linked to cryptocurrency traders have been frozen. These traders are accused of manipulating the Nigerian naira through unauthorized foreign exchange trading on platforms such as Kucoin and Bybit. The EFCC’s move underscores a growing concern regarding the […]