Seamfix and PAPSS Partner to Enhance Cross-Border Payment Compliance in Africa
Seamfix and PAPSS have joined forces to bolster compliance in Africa's expanding cross-border payment market with the introduction of "pgate," a real-time compliance engine. This partnership aims to provide a unified view of cross-border transactions for central banks and commercial lenders, ensuring regulatory oversight without compromising settlement speed.
Seamfix's expertise in identity verification and compliance solutions will help streamline the regulatory infrastructure for PAPSS, benefiting the African Continental Free Trade Area (AfCFTA) and financial institutions across the continent.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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