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Advancing cross-border payments in Africa for financial inclusion

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The pivotal role of digital accessibility for goods and services has become abundantly clear over the past few years. The global economy, now more than ever, relies on the seamless flow of transactions across borders. Whether it involves individuals, businesses, or financial institutions spanning different countries, the realm of cross-border payments has taken center stage in our interconnected world.

ISO 20022 – revolutionising cross-border payments

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In the rapidly evolving landscape of cross-border payments, one trend stands out as a game-changer - the migration of SWIFT (Society for Worldwide Interbank Financial Telecommunication) into the ISO 20022 standards.

AI, ethics and human rights

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“Change is inevitable; but progress depends on what we do with that change” - the famous Charles Wheelan quote – one of my favourite quotes, however I would like to add a caveat to this quote bringing in my day-to-day job into the mix.

Key compliance trends in SA (and African) financial institutions

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Regulatory reporting has grown in profile over the last number of years, with more budget and more employees dedicated to compliance activities than ever before. Having been involved in the compliance space for more than a decade in some form or another, we have identified key compliance characteristics and trends in the majority of South African (and African) financial institutions.

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