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Wednesday, May 20, 2026
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The Rise of Private Credit and the Need for Flexible Loan Servicing 88% of UK Customers Would Switch Banks Due to Financial Crime Failures, ThetaRay Report Finds Axiology and Profitus Set Baltic Record with €3.4M Digital Bond Equifax and Mifundo Open Access to Brazilian Credit Data for European Banks SGX FX Adopts Chainlink to Make its Premium OTC FX Data Available to Thousands of On-chain Apps Triathlon Ireland Reduces Financial Reporting From Days to Minutes with AccountsIQ MoneyHash Names Hwan Lee Regional Director for Africa Souhoola Opens Its New Branch at City Stars, Expanding the Reach of Its Financial Services Across the Egyptian Market Silks and Credas Partner to Bring Seamless ID Verification to AI-powered Legal Workflows Zepz Partners with UK’s National Crime Agency (NCA) to Pro-actively Develop Financial Risk Indicators of Child Sexual Abuse (CSA) for Payments Industry 21X Appoints Mark David Bakacs as Managing Director, Group Strategy to Lead Institutional Growth and International Expansion Tether Invests in LemFi to Promote Stablecoin-Powered Remittances Across Emerging Markets ARP Digital Joins Fireblocks Network for Payments as the GCC’s Regulated Corridor Settlement Partner DNA Payments and ETABS Partner to Offer Integrated Payment Solutions for Retail and Trade Businesses Instant Payments and the Proliferation of QR-Driven Transactions
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KCB Group and Bank of Kigali Launch PAPSS, Enabling Seamless and Affordable Cross-border Payments Across Africa

March 6 2025

The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has recorded a significant milestone in its journey towards enhancing financial integration and economic prosperity across Africa with the official launch of the platform by KCB Group in Kenya and Bank of Kigali in Rwanda.