Anti-Money Laundering Archives

September 18, 2026

Faster Payments, New Risks: Central Africa’s AML Controls Face PAPSS Test

News Crackers Business, Economy African Continental Free Trade Area (AfCFTA), Anti-Money Laundering, Central Africa, Central African Economic & Monetary Community (CEMAC), Cross-Border Payments, Digital Payments, Financial Action Task Force (FATF), financial crime, Financial Technology, Fintech, money laundering, Pan-African Payment & Settlement System (PAPSS), terrorist financing, The Bank of Central African States (BEAC) 0

By FRANKLIN FRANCIS FREY Faster Payments Enter Central Africa CROSS-border payments in Africa are entering a new phase as the Pan-African Payment and Settlement System (PAPSS) expands into Central Africa. The Bank of Central African States (BEAC) joined PAPSS on 9 July 2026. The move brings the six countries of the Central African Economic and […]