Proponents expect the Pan-African Payment and Settlement System to drive intra-continental trade and investment, supporting the aims of the continental free trade agreement.
Latest articles from Editor’s blog
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Pandemic hangover fuels pessimism in 2022
January 18, 2022The survey results underpinning the WEF’s Global Risks Report 2022 paint a bleak picture for the global recovery, with just one in six international business leaders feeling positive about the outlook for the world.
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AML and data breach fines halved in 2021
January 11, 2022Penalties that financial institutions incurred for non-compliance with anti-money laundering and data privacy regulations have dropped significantly in 2021. However, there is still much work to be done to stem financial crime.
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Looking back on 2021’s major themes
December 21, 2021Cryptocurrencies, sustainability and financial inclusion are the notable hot topics for the banking industry over the past year, as well as regulatory changes and the continued digital transformation of the sector.
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The great wholesale digital currency race heats up
December 14, 2021In recent weeks, a few central bank experiments with wholesale digital currencies and blockchain have come to fruition, as well as private sector initiatives, all aiming to improve transaction settlement.
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Landing on the right side of the 'great divergence'
December 7, 2021The 11th edition of McKinsey’s annual banking review analyses the global industry’s profitability challenges, as well as the widening gap in market-to-book ratio between top and bottom performers.
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It’s that time of year again… the Bank of the Year Awards
November 30, 2021Join us (virtually) as we raise our glasses to the banks that outshone their peers in terms of performance, strategic initiatives and response to the Covid-19 pandemic in 2021.
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When it comes to the climate, we all must try harder – journalists included
November 23, 2021Discussions around climate change and wider sustainability factors still need focus and a sense of urgency.
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Has the age of cloud-based banking arrived?
November 16, 2021According to a recent report, the pandemic has lit a fuse under cloud adoption in banking. However, there are a few challenges – and perceived risks – that need to be overcome.
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Will the NFT wave prove disruptive to banking?
November 9, 2021The non-fungible token marketplace has exploded this year. But is this akin to the Tulipmania in the 1600s or does it signal a lasting market change?