On December 9, 2025, Standard Bank of South Africa made history by becoming the first African bank to connect directly to ...

Although Africa’s trade with China is rapidly deepening, the two regions have been held back for years by slow, expensive ...

Standard Bank Group has become the first African bank to participate directly in China's Cross-Border Interbank Payment System (CIPS), marking a major milestone in facilitating Africa-China trade and ...

Imagine being able to pay a Chinese supplier or send remittances in yuan as easily as paying your local vendors. It might ...

The connection of Standard Bank to China’s Cross-border Interbank Payment System (Cips) has been described as key to the country’s financial sovereignty and an opportunity to increase direct trade ...

BRICS Pay is a proposed cross-border digital payment system being developed by the BRICS countries — Brazil, Russia, India, China, South ...

As the world’s financial landscape evolves, the need for efficient, secure, and globally connected payment systems has never been more pressing. China’s Cross-border Interbank Payment System (CIPS) is ...

One infallible trend that has persisted throughout history is the correlation between financial and geopolitical power. For a country to build up its military, pursue innovative technologies, and ...

ASEAN's drive towards regional economic integration includes developing a cross-border digital payment system for seamless financial transactions and promoting the use of local currencies, aiming to ...

Cross-border payments are essential to the global financial system, facilitating trade and investment. The global cross-border traditional and crypto payment market approached a value of about one ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. By 2030, the global payments landscape is set to undergo a profound transformation. At the ...