Solving cross border payment complications 

A system for reducing the time and cost associated with cross border payments is the focus in this edition of the Business Day Spotlight.

Our host Mudiwa Gavaza is joined by Ruhling Herbst, program sponsor for TCIB at BankservAfrica.
Topics of discussion include: reasons why cross border payments remain a challenge despite advancements in payments technology; BankservAfrica’s Transactions Cleared on an Immediate Basis payments service explained; what it m to have a truly open payments system; the role of regional and national regulators in putting such a system together; and what it will take to make TCIB mainstream.