afnetwork – Page 7 – Africa Fintech Network

South Africa’s FNB, Mastercard launch cross-border platform for cheaper, faster transfers

JOHANNESBURG – One of South Africa’s top retail banks, First National Bank (FNB), launched a new cross-border payment platform with Mastercard on Tuesday that aims to

DBS and J.P. Morgan Developing Framework for Instant, Cross-Border Tokenised Payments

DBS and Kinexys by J.P. Morgan are developing a framework for interbank tokenised deposit transfers across public and private blockchains. The partnership aims to link DBS

Senegal: Sonatel Posts Strong Q3 2025 Results, Reinforcing Its Role as a Regional Digital Powerhouse

Sonatel, Senegal’s leading telecommunications company and a key subsidiary of the French multinational Orange Group, reported an 8% increase in net profit for the third

Mastercard, in Collaboration with FNB, Launch a Cross-Border Payments Solution

FNB, in collaboration with Mastercard, today announced the launch of Globba™, a next-generation cross-border payments solution powered by Mastercard Move that simplifies and secures how South Africans

Rwanda, Tanzania Move Toward Instant Cross-Border Payments

Rwanda and Tanzania have begun technical discussions to link their national retail payment systems, paving the way for instant, low-cost cross-border money transfers in East

Kenya’s Startup Crash Makes Way for Japanese Capital and Climate Dominance

Moni Africa, a Nigerian fintech startup, has rebranded as Rank to enhance its mission to support small businesses in Africa. As part of the development, the YC-backed startup has

NIBSS executes first live transaction on national payment stack

The Nigeria Inter-Bank Settlement System Plc (NIBSS) has successfully executed the first live transaction on the National Payment Stack (NPS). According to a statement dated

Bank of England proposes ownership limits in new stablecoin rules

The Bank of England has partly softened proposals for ownership restrictions on UK stablecoins as it pushes forwards with new rules for the cryptocurrency. On

Visa and Mastercard reportedly close to settlement on swipe fees

Visa and Mastercard have reportedly inched closer to reaching a settlement with US retailers that would see both payment companies reduce the fees charged to merchants. According to

XTransfer and OCBC to Offer Cross-Border Financial Services for SMEs

XTransfer has partnered with OCBC to establish a long-term collaboration that provides trading companies, especially SMEs, with compliant and efficient cross-border financial solutions. OCBC will support XTransfer’s business

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Author: afnetwork