• Home
  • Electronic transfers

Electronic transfers

Bhutan to pilot digital currency with Ripple technology

by on September 23, 2021 0

Bhutan’s central bank is to use Ripple’s private ledger CBDC to pilot a central bank digital currency. Building on its current payment infrastructure, the Royal Monetary Authority will pilot retail, cross-border and wholesale payment use cases for a phased digital Ngultrum using Ripple’s blockchain technology. “Our collaboration with Ripple is a testament to the...

Read More

Concerns over ICASA’s timing of B-BBEE requirements

by on September 21, 2021 0

Some Internet Service Providers (ISPs) are concerned about the timing of the South African Independent Communications Authority’s (ICASA) interim transformation requirements. They suggest that the April 2022 deadline does not give them enough time to establish effective agreements. According to the industry body, the Wireless Access Providers Association (WAPA), a non-profit organization whose goal...

Read More

Indian Fintech Paytm Explains How National Electronic Funds Transfer Aims To Promote Digital Transactions

by on September 21, 2021 0

NEFT or National Electronics fund transfer is a facility provided (in India) by almost all local banking institutions. As explained in a blog post from the Fintech company Payment, NEFT is one of the preferred methods of sending money transfers to India. Via NEFT, users can transfer funds via the Internet or online banking...

Read More

Speech by Mr. Harvesh Seegolam, Governor, Bank of Mauritius at the launch of the MauCAS QR Code

by on September 20, 2021 0

Directors of the Board of the Bank of Mauritius First Deputy Governor Second Deputy Governor The general manager of the MBA CEOs of banks and financial institutions President of the Association of General Retailers Members of the press Distinguished guests Ladies and gentlemen Dear online viewers A very good afternoon. It is a pleasure...

Read More

Remittances to Africa set to decline in 2021

by on September 19, 2021 0

Remittances to African Countries Expected to Decrease 5.4% Due to COVID-19 Remittances to African countries are expected to decline 5.4%, from US $ 44 billion in 2020 to US $ 41 billion forecast in 2021 due to the effects of the COVID-19 pandemic, according to Continental Migration Postponement 2021. The report, titled “African Regional...

Read More

“The register of beneficial owners is essential in the anti-corruption campaign” – Issues – The Guardian Nigeria News – Nigeria and World News

by on September 19, 2021 0

Member of the Board of Directors, Civil Society Legislative Advocacy Center (CISLAC), Barr. Adesina Oke; President, Lagos Tax Appeal Tribunal, Mr. Lasisi Phillips; Mallam Auwal Musa Rafsanjani, Executive Director / Head of Transparency International Nigeria, and Program Manager, Chinedu Bassey, at the information meeting on the anti-corruption potential of the beneficial owner register by...

Read More

Hurricane Ida destroyed key NARA system – FCW

by on September 17, 2021 0

Case management Hurricane Ida destroyed key NARA system By Adam Mazmanian Sep 17, 2021 A key records management system at the Keyser National Archives in western Virginia was destroyed by the remnants of Hurricane Ida which caused flooding and significant loss of life on the east coast earlier this month. Electronic Records Archives provide...

Read More

Thirteen Days Before E-Naira Launch, Here Are Six Things You Need To Know

by on September 17, 2021 0

Screenshot of CBN Governor Godwin Emefiele. In June 2021, the Central Bank of Nigeria (CBN) announced plans to launch a digital currency called ‘e-Naira’ by October 2021, joining 81 countries that are heavily considering digital currencies. The CBN’s decision follows two years of thinking about digital currency technology. Additionally, the CBN’s intention to achieve...

Read More