Tag "cross-border payments"

Is Fintech The Answer to Costly Fees for Cross Border Remittances in MENA?

It is very common in the Gulf Cooperation Council (GCC) part of the Middle East North Africa (MENA) region for expatriate workers to send money back to their native countries to support dependents. If anything, these cross-border remittances are the

Read More

Saudi Arabian Bank Launches Blockchain-Based Cross-Border Payments System

At the Financial Sector Conference last month in Riyadh, Saudi Arabia, Saudi British Bank (SABB), one of the five largest banks by deposits in the country, announced the launch of a real-time cross-border transfer service based on the Ripple blockchain

Read More