Category: e-Banking
International Payments Market Trends Overview
Warning over clearing-contagion risks At the recent Sibos conference in Dubai, delegates raised concerns over the risks associated with the collapse of a major clearing house. The general sentiment expressed was that international regulators had yet to get to grips with the potential domino effect should a clearing house fail. Catalyst consultant, Christian Lee, summed […]
As electronics become ever more sophisticated, financial institutions have to remain vigilant if they are to stay one step ahead of potential fraudsters. To this end the United Bank for Africa (UBA) has established a security operations centre (SOC) in Lagos. The centre, which is designed to cover electronic transactions in Nigeria and the 18 […]