Jeffry Ho, Regional Managing Director at Wirecard, says: "It is a great pleasure for us to work with one of the largest financial institutions in the world and support them with our infrastructure and expertise."
The bank plays an effective role in financing vital sectors of the national economy through participation in the syndicated loans serving different sectors, as well as in financing SMEs and Microfinance projects.
To achieve its objectives, the conference underscored the instrumental role played by collaborative efforts by all sectors through leveraging rapid development in the MNO space, especially mobile money.
Revolut, which has seen its customer numbers expand from one million to 1.5m in the past two months, said it is now signing between 6,000 and 8,000 new customers per day.
“For instance, Rwanda, where the summit is taking place, is seeking to move from a cash-based economy to a digital one."
The company is backed by well-known investors including PayPal, Thrive Capital, Index Ventures and Ribbit Capital.
Absa became a direct CLS settlement member at the end of 2017, having previously been an associate member, operating through Barclays.
According to an announcement published Friday on Ripple’s blog, the UAE’s largest lender, the National Bank of Abu Dhabi (NBAD), has become the first bank in the Middle East to partner with Ripple. Through integrating Ripple’s technology
This back-to-front renovation project will result in a truly digital bank, greater access for the bank’s customers, even in the most rural parts of Suriname, and a seamless customer experience.