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The jockeying for cross border-payments continues, and SWIFT and Ripple continue to dominate the headlines. At heart of the matter, of course, is the place (or choice) of using distributedledgertechnology (DLT) to underpin the transactions — especially B2B transactions.
When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Yet, 2018 was certainly a big year for commercial cards, and for credit card giants’ B2B payments aspirations overall. Visa Acquires Fraedom. Mastercard Tackles The Buyer-Supplier Connection.
PaymentsInitiatives In Africa. Separately, Finserve , a wholly owned subsidiary of Equity Group, announced its launch in August and is offering the Jenga API and Jenga Payment Gateway. The first part of the initiative will be completed at the end of September and should be fully available by May 2018, allAfrica reported.
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