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Ecobank, TransferTo forge strategic partnership to expand financial access, cross-border payments

ECOBANK Group and TransferTo have announced a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border payment solutions across Africa. This strategic partnership between the leading pan-African financial institution and the Singapore-based global technology group, brings together TransferTo’s companies Thunes, Ezra, DT One and Tookitaki with Ecobank to expand access […]

NDLEA smashes cross-border drug syndicates, arrests 6 kingpins, recovers cocaine, opioids

The National Drug Law Enforcement Agency, NDLEA, has announced that its operatives have smashed two major cross-border drug trafficking syndicates with cocaine and opioids worth billions of naira recovered from them. The agency said the development comes after months of intelligence gathering and painstaking surveillance by its operatives. NDLEA stated that six leaders of the […]

Cross-border payments trial in mid-2025

The HKMA is in talks with the People’s Bank of China over details of linkages, says Eddie Yue. SING TAO Themis Qi The instant cross-border payment between Hong Kong and mainland China via the Faster Payment System is expected to start trial in mid-2025, the Hong Kong Monetary Authority said yesterday. At Hong Kong […]

Russian forces thwart attempted cross-border assault from Ukraine, official says

KYIV, Ukraine (AP) — Russian forces thwarted an attempt at another cross-border incursion by Ukraine into southwestern Russia, a local official reported Sunday, months after Kyiv staged a bold assault on its nuclear-armed enemy that Moscow is still struggling to halt. An “armed group” sought Sunday to breach the border between Ukraine and Russia’s Bryansk […]