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Ghana: Waiting for FDI

Global Finance

Security risk: Ghana is free from terrorist attacks, but its northern neighbor, Burkina Faso, faces attacks from Islamic militants, raising concerns about security threats in northern Ghana. The latest election in December 2024 was peaceful, with the incumbent president calling the opposition candidate to concede defeat.

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Adjoint CEO On Why Treasury Management Needs Blockchain

PYMNTS

Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data. Arm’s length transactions for intercompany loans, for example, can be proved by time stamping the [foreign exchange (FX)] rate from a trusted third party, and then via smart contracts auto-settling at maturity,” he said.

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B2B Pay Pursues Status As Regulated Bank

PYMNTS

Ambikar launched the company after witnessing the challenges that companies in India’s pharmaceutical industry faced to export across borders without losing money to foreign exchange rates and other cross-border transaction fees. The company was among 40 FinTechs accepted into the Accelerator.

B2B
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Barclays Taps B2B Payment Startup For Accelerator

PYMNTS

Barclays recently announced the companies picked for its Tel Aviv accelerator program, according to reports, and while officials at the banks touted a focus on payments security, the bank has also targeted corporate payments in its startup batch.

B2B
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Sri Lanka: Recovery Takes Hold

Global Finance

Security risk: Risk of terrorist attacks, intercommunal and religious tensions, violent crime, petty crime and credit card fraud. Has 26 bilateral investment promotion and protection treaties providing protection for foreign investment within the country. Pros Young population (15-29 years) 23.2%

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The Multibillion-Dollar Problem Of B2B Payments Friction

PYMNTS

Globalization of companies’ supplier base was also a factor in the complexities of their B2B payments processes, analysts noted, with most respondents reporting that foreign exchange payments were involved in up to a fifth of their monthly B2B payments. Finance experts in some of the U.K.’s

B2B
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Central Banker Report Cards 2024: The Americas

Global Finance

This has resulted in foreign exchange rationing and the emergence of parallel-market exchange rates in the context of a stabilized currency regime.” President Nayib Bukele started his second term in June, saying he would focus on the economy after having improved the level of security in his first term. in January.