News with the tag "Crossborder Payments"

Source: Adobe Crypto payments giant Ripple has partnered with fintech Onafriq for cross-border payments between Africa and the rest of the world. The deal would facilitate crypto-enabled cross-border payments between 27 African countries and markets including the UK, Australia, and the Gulf. Per the...

Denis Beau, the first deputy governor of Banque de France has referred to Central Bank Digital Currencies (CBDCs) as a foundation for a new global monetary system. According to him, CBDCs should be developed to implement cross-border payments rather than for local financial settlements alone and bei...