Standard Bank launched rapid payments platform enabling Payshap

Standard Bank has launched a corporate rapid payments platform designed to offer corporate clients instant payments. The platform gives businesses the ability to receive and payout money instantly. Additionally, it enables them to onboard suppliers quickly as its not...
Security must-haves insurtechs cannot compromise on

Security must-haves insurtechs cannot compromise on

As insurance businesses move from old tech to newer digital systems and products, they could be opening themselves up to security risks. Insurtech companies should be implementing strict, multi-level security systems to prevent the sensitive personal data their...
AI could redefine cross-border payments

AI could redefine cross-border payments

As the global economy becomes more interconnected, we’re seeing an increased demand for innovative solutions for cross-border payments. This is where the transformative impact of artificial intelligence (AI) comes into play, writes Anthony Oduu, co-founder,...

AI and transaction monitoring: the next frontier

Compliance platforms are evolving with AI, automating transaction monitoring and flagging suspicious payments to improve the effectiveness of AML/KYC controls, writes James Saunders, co-founder and chief technology officer at RelyComply. The costs of financial crime...