Kathy Gibson reports – First National Bank (FNB) and Rand Merchant Bank (RMB) have launched the BankservAfrica Transactions Cleared on an Immediate...
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First National Bank (FNB) Namibia has partnered with BankservAfrica to implement the Transactions Cleared on an Immediate Basis (TCIB) system. This move aims to significantly enhance the speed and efficiency of low-value cross-border payments within the Common Monetary Area (CMA), which includes South Africa, Namibia, Lesotho, and Eswatini, the bank said in a statement. Traditionally […]
Kathy Gibson reports – First National Bank (FNB) and Rand Merchant Bank (RMB) have launched the BankservAfrica Transactions Cleared on an Immediate...
Cross-border payments in Africa are crucial for individuals and companies, providing quick, safe, and affordable options for everyday money transfers...
FNB now facilitates real-time cross border payments in South Africa, Namibia, Lesotho and Eswatini.
Swiss bank UBS (UBSG.S) said on Thursday it had successfully piloted a blockchain-based payment system it has developed to improve efficiency of...
A thriving payment platform, Nium, has signed an agreement with Ecobank Transnational Incorporated to enable seamless cross-border payments across 35...
Bank Windhoek announced that it has partnered with Afreximbank to enhance local trade finance capability to facilitate cross-border trade for faster...
Nium (https://apo-opa.co/3Cl0CMy), the leading global infrastructure for real-time cross-border payments, announced a partnership with Ecobank...
MAPUTSOE – First National Bank (FNB) Lesotho donated farming inputs to 20 Lesotho National Farmers Union (LENAFU) members in Maputsoe and Hlotse on...
The BankservAfrica Economic Transactions Index (BETI), which measures the value of all electronic transactions cleared through BankservAfrica at...