Vodacom and MTN have increasingly turned towards financial services — including digital wallets — to augment their revenue ...

She explained that the PSD-9 is meant to regulate the processing of both domestic and cross-border Electronic Fund Transfer (EFT) transactions by banking institutions within the Common Monetary ...

The launch of the company's first 32-bit family of application specific standard products (ASSPs) follows more than 14 months of collaboration with partners and customers to achieve greater security ...

While the shift in EFT transaction policy significantly strengthens anti-money laundering efforts and counter-terrorism financing frameworks in the CMA region, they have also impacted the banking ...

The procedure to initiate an EFT is subject to the same financial policies, procedures and controls that govern disbursement by any other payment mechanism. 2. EFT transactions will not be made ...

and the sellers are now refusing to proceed with the transaction without payment. These and many other types of electronic funds transfer (EFT) fraud are prolific. Yet most business leaders think this ...

According to the FIU statement, the banks failed to report Electronic Fund Transfer (EFT) transactions exceeding Rupees One Million (LKR 1,000,000) or its equivalent in any foreign currency ...