Collaboration Key to Africa’s Cross-border Payments
A LACK of awareness remains a major obstacle to the growth of cross-border digital payments in Africa, highlighting the need for greater collaboration among fintech firms, financial institutions, and regulators. Blen Tenaw Alamayehu, business development manager at Singapore-based payments company Thunes, told Xinhua news agency that many African consumers and businesses still depend on costly traditional banking systems. These systems … Read more