FNB now facilitates real-time cross border payments in South Africa, Namibia, Lesotho and Eswatini.

The digital currencies could simplify cross-border payments, but consumers are wary of using them, payments and fintech executives say.

Payments volume soared for the money transfer fintechs during the third quarter. Meanwhile, revenue at legacy rival Western Union slipped.

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...

 Swiss bank UBS (UBSG.S) said on Thursday it had successfully piloted a blockchain-based payment system it has developed to improve efficiency of...

Russian border guards have thwarted armed group’s attempt to cross into Bryansk Region from Ukraine, authorities have said Read Full Article at...

Updated Date: Thu, 31 Oct 2024 00:00:00 EDT