The initiative was founded by the central banks of Thailand, Hong Kong, China, and the United Arab Emirates. Participants include the IMF, World Bank, and 23 central banks from...
Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning Subscribe to ETT November 11, 2023 Welcome to Emerging Tech Trends...
Ripple has joined forces with the prominent payment fintech Onafriq (formerly MFS Africa), in a bid to enable seamless digital asset-powered cross-border payments between Africa and various new markets....
The payment networks will give insight into consumer spending — and resilience — when they report earnings this week. But they’ll also give indications of the pivot towards contactless...
In many African countries, remittances play a crucial role, sometimes making up as much as 20% of the GDP. However, traditional money transfer methods suffer from prohibitively high fees,...
PayPal is reportedly mulling a sale for its cross-border payment unit Xoom. The digital payments company has been working “on the sales process in recent months,” and has hired...
A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week, finding that creating international...
Russian authorities intend to regulate the issuance, circulation, and various operations with digital assets, including international crypto payments, by the end of 2022. The Ministry of Finance, the Central...
Adanian Labs Africa incubated fintech startup MooveBeta to merge with ImpalaPay, a fintech blockchain company to provide a payment platform that will enable the Pan African and Diaspora communities...
Pressured businesses are on the edge to provide support to the increasing volume of cross-border transactions as eCommerce continues to and will grow, even after the pandemic ends; an...