Banks must embed privacy-by-design, AI to prevent fraud – Report – Daily Trust

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Mon, 27 Apr 2026 1:58:23 WAT

Banks and other financial Technology institutions must proactively embed privacy-by-design and ethical Artificial Intelligence(AI) into their infrastructure to future-proof their ecosystems, mitigate risks, and maintain the trust required to scale, a report by Yellow Card has said.

Yellow Card, the largest licensed stablecoin-based infrastructure provider for emerging markets, has released its 2026 Report on Data Protection and Artificial Intelligence Governance in Africa on Thursday.

The comprehensive report outlines the rapid maturation of regulatory frameworks across the continent and sets a compliance blueprint for institutional expansion across global emerging markets.

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As banks, Financial Institutions, Telcos, and Payment Service Providers (PSPs) increasingly adopt stablecoins as foundational infrastructure for…

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