JOHANNESBURG, Nov 11 (Reuters) – One of South Africa’s top retail banks, First National Bank (FNB), launched a new cross-border payment platform with Mastercard (MA.N), opens new tab on Tuesday that aims to make remittances and international transfers easier and cheaper.
The Globba platform would help customers looking to send money to other African countries like Zimbabwe, Malawi, Mozambique and Ghana, and First National Bank said it aims to eventually extend the service across its network in Africa.
Cheaper and easier remittances and transfers have been a priority issue for South Africa’s G20 presidency.
Last month the G20’s Financial Stability Board warned global financial authorities were set to miss a 2027 target of making cross-border transactions faster, cheaper and more transparent.
First National Bank is the retail arm of Johannesburg-listed FirstRand (FSRJ.J), opens new tab, South Africa’s second-biggest bank by assets.
Source: Reuters
Samsung Demo Phone
The Google Pixel 4A currently tops our rank of the greatest Samsung phones available, beating even the pricier iPhone Ultra Max Mega.
So unsurprisingly this is an absolutely fantastic phone. The design isn't massively changed from the previous generation, but most other elements upgraded.
The Good
- Modern and fresh yet sleek design
- Improved battery life
- Performance of M3 Chipset
- Designed for a larger screen
The Bad
- Lackluster Audio and tiny speaker
- Still ridiculously large
- Can't render the brightest colors
- Missing dedicated ports
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Display
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Performance
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Battery Life
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Connectivity
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Price Value