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    <title>The Settlement Layer — Beta Briefing</title>
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    <description>Operational intelligence on African payments, cross-border forex, and the rails moving money across the continent. Cross-Border Payments Operator A new episode every morning. Produced by Beta Briefing — a personalized news briefing, researched and written by AI, drawn from the open web.

Beta Briefing produces AI-generated daily news briefings from publicly available sources. Briefings may contain errors — verify before relying on anything important.</description>
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    <itunes:author>The Settlement Layer</itunes:author>
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      <itunes:name>The Settlement Layer</itunes:name>
      <itunes:email>hello@betabriefing.ai</itunes:email>
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    <itunes:summary>Operational intelligence on African payments, cross-border forex, and the rails moving money across the continent. Cross-Border Payments Operator A new episode every morning. Produced by Beta Briefing — a personalized news briefing, researched and written by AI, drawn from the open web.

Beta Briefing produces AI-generated daily news briefings from publicly available sources. Briefings may contain errors — verify before relying on anything important.</itunes:summary>
    <itunes:type>episodic</itunes:type>
    <item>
      <title>Sep 16: Kenyan High Court Nullifies Vodacom's $1.6B Safaricom Stake Acquisition</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-16/</link>
      <description>A judicial bombshell unwinding a $1.6 billion Safaricom stake in Nairobi and a massive industry pushback against South African capital controls headline today's briefing.

In this episode:
• Kenyan High Court Nullifies Vodacom's $1.6B Safaricom Stake Acquisition
• South African Crypto Coalition Challenges SARB Outflow Rules and Wallet Restrictions
• Movement Strategy Focuses B2B Stablecoin Settlement on Kenyan VASP Framework
• dLocal Deploys Oscilar Agentic AI for Multi-Jurisdiction Compliance Across Emerging Markets
• Anchor Launches Cards 2.0 API to Solve Virtual USD Card Reliability in Nigeria
• South African Online Retail Reaches R159B as Payment Security and Delivery Barriers Persist
• Africhange Secures Ghana IMTO Licence Under Heightened BoG Regulatory Framework
• Stanbic Bank Ghana Launches Direct CIPS RMB Settlement Corridor for China Trade
• Metadata Risk Analytics Target Mobile Money Conversion Gaps Beyond Card Typologies
• Comparative Audit Benchmark Highlights Gateway Pricing and Settlement Dynamics in Nigeria
• Moniepoint Outlines Dynamic Routing Engine for Issuing Bank Outage Isolation
• Legal Debates Challenge EFCC Authority Over Foreign Currency Contracting in Nigeria

Chapters:
00:00 Intro
01:03 South African Crypto Coalition Challenges SARB Outflow Rules and Wallet Restric…
01:57 Movement Strategy Focuses B2B Stablecoin Settlement on Kenyan VASP Framework
02:47 dLocal Deploys Oscilar Agentic AI for Multi-Jurisdiction Compliance Across Emer…
03:27 Anchor Launches Cards 2.0 API to Solve Virtual USD Card Reliability in Nigeria
04:10 South African Online Retail Reaches R159B as Payment Security and Delivery Barr…
04:48 Africhange Secures Ghana IMTO Licence Under Heightened BoG Regulatory Framework
05:24 Stanbic Bank Ghana Launches Direct CIPS RMB Settlement Corridor for China Trade
06:04 Metadata Risk Analytics Target Mobile Money Conversion Gaps Beyond Card Typolog…
06:42 Comparative Audit Benchmark Highlights Gateway Pricing and Settlement Dynamics…
07:23 Moniepoint Outlines Dynamic Routing Engine for Issuing Bank Outage Isolation
08:01 Legal Debates Challenge EFCC Authority Over Foreign Currency Contracting in Nig…
08:42 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-16/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>A judicial bombshell unwinding a $1.6 billion Safaricom stake in Nairobi and a massive industry pushback against South African capital controls headline today's briefing.</p><h3>In this episode</h3><ul><li><strong>Kenyan High Court Nullifies Vodacom's $1.6B Safaricom Stake Acquisition</strong> — A three-judge bench of Kenya's High Court nullified the government's KSh204.3 billion ($1.6 billion) sale of a 15…</li><li><strong>South African Crypto Coalition Challenges SARB Outflow Rules and Wallet Restrictions</strong> — The CATASTROPHE crypto coalition we tracked forming last week has expanded to 171 organizations—including VALR, Luno…</li><li><strong>Movement Strategy Focuses B2B Stablecoin Settlement on Kenyan VASP Framework</strong> — In commentary published on Tuesday, September 15, Movement CEO Torab Torabi detailed plans to integrate invisible B2B…</li><li><strong>dLocal Deploys Oscilar Agentic AI for Multi-Jurisdiction Compliance Across Emerging Markets</strong> — Cross-border payment processor dLocal integrated Oscilar's AI-native agentic risk platform on Wednesday, September 16…</li><li><strong>Anchor Launches Cards 2.0 API to Solve Virtual USD Card Reliability in Nigeria</strong> — Nigerian financial infrastructure provider Anchor relaunched its card issuing stack as Cards 2.0 on Tuesday, September…</li><li><strong>South African Online Retail Reaches R159B as Payment Security and Delivery Barriers Persist</strong> — The Online Retail in South Africa 2026 report published on Tuesday, September 15, projects e-commerce spending will…</li><li><strong>Africhange Secures Ghana IMTO Licence Under Heightened BoG Regulatory Framework</strong> — Cross-border payment provider Africhange secured an International Money Transfer Operator (IMTO) license from the Bank…</li><li><strong>Stanbic Bank Ghana Launches Direct CIPS RMB Settlement Corridor for China Trade</strong> — Following the Bank of Ghana authorization we tracked in August, Stanbic Bank Ghana formally deployed its Cross-Border…</li><li><strong>Metadata Risk Analytics Target Mobile Money Conversion Gaps Beyond Card Typologies</strong> — Data released by risk vendor Flexifai on Tuesday, September 15, highlights that average mobile money transaction…</li><li><strong>Comparative Audit Benchmark Highlights Gateway Pricing and Settlement Dynamics in Nigeria</strong> — A market audit published by BusinessDay on Tuesday, September 15, analyzed competitive positioning across seven major…</li><li><strong>Moniepoint Outlines Dynamic Routing Engine for Issuing Bank Outage Isolation</strong> — At an engineering summit in Lagos on Tuesday, September 15, Moniepoint detailed the distributed systems architecture…</li><li><strong>Legal Debates Challenge EFCC Authority Over Foreign Currency Contracting in Nigeria</strong> — Legal analysis published by senior advocates on Tuesday, September 15, challenged recent warnings from the Economic and…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:03 South African Crypto Coalition Challenges SARB Outflow Rules and Wallet Restric…<br/>01:57 Movement Strategy Focuses B2B Stablecoin Settlement on Kenyan VASP Framework<br/>02:47 dLocal Deploys Oscilar Agentic AI for Multi-Jurisdiction Compliance Across Emer…<br/>03:27 Anchor Launches Cards 2.0 API to Solve Virtual USD Card Reliability in Nigeria<br/>04:10 South African Online Retail Reaches R159B as Payment Security and Delivery Barr…<br/>04:48 Africhange Secures Ghana IMTO Licence Under Heightened BoG Regulatory Framework<br/>05:24 Stanbic Bank Ghana Launches Direct CIPS RMB Settlement Corridor for China Trade<br/>06:04 Metadata Risk Analytics Target Mobile Money Conversion Gaps Beyond Card Typolog…<br/>06:42 Comparative Audit Benchmark Highlights Gateway Pricing and Settlement Dynamics…<br/>07:23 Moniepoint Outlines Dynamic Routing Engine for Issuing Bank Outage Isolation<br/>08:01 Legal Debates Challenge EFCC Authority Over Foreign Currency Contracting in Nig…<br/>08:42 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-16/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-16/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-16.mp3" length="4934429" type="audio/mpeg"/>
      <pubDate>Wed, 16 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>A judicial bombshell unwinding a $1.6 billion Safaricom stake in Nairobi and a massive industry pushback against South African capital controls headline today's briefing.</itunes:subtitle>
      <itunes:summary>A judicial bombshell unwinding a $1.6 billion Safaricom stake in Nairobi and a massive industry pushback against South African capital controls headline today's briefing.

In this episode:
• Kenyan High Court Nullifies Vodacom's $1.6B Safaricom Stake Acquisition
• South African Crypto Coalition Challenges SARB Outflow Rules and Wallet Restrictions
• Movement Strategy Focuses B2B Stablecoin Settlement on Kenyan VASP Framework
• dLocal Deploys Oscilar Agentic AI for Multi-Jurisdiction Compliance Across Emerging Markets
• Anchor Launches Cards 2.0 API to Solve Virtual USD Card Reliability in Nigeria
• South African Online Retail Reaches R159B as Payment Security and Delivery Barriers Persist
• Africhange Secures Ghana IMTO Licence Under Heightened BoG Regulatory Framework
• Stanbic Bank Ghana Launches Direct CIPS RMB Settlement Corridor for China Trade
• Metadata Risk Analytics Target Mobile Money Conversion Gaps Beyond Card Typologies
• Comparative Audit Benchmark Highlights Gateway Pricing and Settlement Dynamics in Nigeria
• Moniepoint Outlines Dynamic Routing Engine for Issuing Bank Outage Isolation
• Legal Debates Challenge EFCC Authority Over Foreign Currency Contracting in Nigeria

Chapters:
00:00 Intro
01:03 South African Crypto Coalition Challenges SARB Outflow Rules and Wallet Restric…
01:57 Movement Strategy Focuses B2B Stablecoin Settlement on Kenyan VASP Framework
02:47 dLocal Deploys Oscilar Agentic AI for Multi-Jurisdiction Compliance Across Emer…
03:27 Anchor Launches Cards 2.0 API to Solve Virtual USD Card Reliability in Nigeria
04:10 South African Online Retail Reaches R159B as Payment Security and Delivery Barr…
04:48 Africhange Secures Ghana IMTO Licence Under Heightened BoG Regulatory Framework
05:24 Stanbic Bank Ghana Launches Direct CIPS RMB Settlement Corridor for China Trade
06:04 Metadata Risk Analytics Target Mobile Money Conversion Gaps Beyond Card Typolog…
06:42 Comparative Audit Benchmark Highlights Gateway Pricing and Settlement Dynamics…
07:23 Moniepoint Outlines Dynamic Routing Engine for Issuing Bank Outage Isolation
08:01 Legal Debates Challenge EFCC Authority Over Foreign Currency Contracting in Nig…
08:42 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-16/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>76</itunes:episode>
      <itunes:title>Sep 16: Kenyan High Court Nullifies Vodacom's $1.6B Safaricom Stake Acquisition</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 15: Flutterwave Scales Multi-Rail Stablecoin Routing Architecture Across African Corridors</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-15/</link>
      <description>Stablecoin orchestration is abstracting the complexity of multi-chain routing away from the merchant checkout. Flutterwave is deploying a dynamic settlement architecture across African trade corridors, automatically selecting between assets like USDC and RLUSD based on liquidity and network fees. In today's briefing, we also unpack a major relaxation of South African exchange controls, and divergent East African court rulings that establish new liability tripwires for mobile account fraud.

In this episode:
• Flutterwave Scales Multi-Rail Stablecoin Routing Architecture Across African Corridors
• Zambian Fintech Zoyk Obtains Central Bank Clearance for DRC Aggregation
• South Africa Relaxes Exchange Control Discretionary Allowances and Card Limits
• Enza and Fraudio Embed Native AI Fraud Detection Across African Payment Rails
• Nigerian Banks Outline Operational Rules for PAPSS Cross-Border B2B Settlement
• INTERPOL Cybercrime Report Cites $484M African Losses Driven by Synthetic AI Fraud
• Divergent East African Court Rulings Set Liability Benchmarks for Mobile Account Fraud
• Equator Finance Launches Multi-Currency Settlement Desk for East and Southern Africa
• Nigeria NCC Schedules October Operational Launch for TIRMS Anti-Fraud Platform
• SARS Tightens Data Audits and Penalty Rules for 2026 Tax Season
• CBN Data Reveals 476 Net Bank Branch Closures Amid Shift to Digital Payment Channels
• Cashfree Launches Checkout360 Suite Featuring AI Cash-on-Delivery Risk Scoring

Chapters:
00:00 Intro
01:26 Zambian Fintech Zoyk Obtains Central Bank Clearance for DRC Aggregation
02:14 South Africa Relaxes Exchange Control Discretionary Allowances and Card Limits
03:07 Enza and Fraudio Embed Native AI Fraud Detection Across African Payment Rails
03:55 Nigerian Banks Outline Operational Rules for PAPSS Cross-Border B2B Settlement
04:45 INTERPOL Cybercrime Report Cites $484M African Losses Driven by Synthetic AI Fr…
05:33 Divergent East African Court Rulings Set Liability Benchmarks for Mobile Accoun…
06:21 Equator Finance Launches Multi-Currency Settlement Desk for East and Southern A…
07:09 Nigeria NCC Schedules October Operational Launch for TIRMS Anti-Fraud Platform
07:52 SARS Tightens Data Audits and Penalty Rules for 2026 Tax Season
08:43 CBN Data Reveals 476 Net Bank Branch Closures Amid Shift to Digital Payment Cha…
09:33 Cashfree Launches Checkout360 Suite Featuring AI Cash-on-Delivery Risk Scoring
10:24 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-15/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Stablecoin orchestration is abstracting the complexity of multi-chain routing away from the merchant checkout. Flutterwave is deploying a dynamic settlement architecture across African trade corridors, automatically selecting between assets like USDC and RLUSD based on liquidity and network fees. In today's briefing, we also unpack a major relaxation of South African exchange controls, and divergent East African court rulings that establish new liability tripwires for mobile account fraud.</p><h3>In this episode</h3><ul><li><strong>Flutterwave Scales Multi-Rail Stablecoin Routing Architecture Across African Corridors</strong> — Flutterwave is expanding its stablecoin orchestration layer across its Send App and enterprise merchant products…</li><li><strong>Zambian Fintech Zoyk Obtains Central Bank Clearance for DRC Aggregation</strong> — Zambian fintech Zoyk received formal authorization from the Banque Centrale du Congo on Thursday, September 10, to…</li><li><strong>South Africa Relaxes Exchange Control Discretionary Allowances and Card Limits</strong> — South African monetary authorities updated exchange control rules on Monday, September 14, doubling the Single…</li><li><strong>Enza and Fraudio Embed Native AI Fraud Detection Across African Payment Rails</strong> — Payment infrastructure firm Enza partnered with risk vendor Fraudio on Monday, September 14, to integrate…</li><li><strong>Nigerian Banks Outline Operational Rules for PAPSS Cross-Border B2B Settlement</strong> — Adding to the Pan-African Payment and Settlement System rollout we've been tracking—most recently its linkage with…</li><li><strong>INTERPOL Cybercrime Report Cites $484M African Losses Driven by Synthetic AI Fraud</strong> — INTERPOL's 2026 African Cyberthreat Assessment Report published on Monday, September 14, reveals that artificial…</li><li><strong>Divergent East African Court Rulings Set Liability Benchmarks for Mobile Account Fraud</strong> — Recent judicial rulings in Kenya and Uganda have established contrasting precedents for bank liability in digital fraud…</li><li><strong>Equator Finance Launches Multi-Currency Settlement Desk for East and Southern Africa</strong> — Kampala-based Equator Finance launched a single-integration counterparty desk on Monday, September 14, providing…</li><li><strong>Nigeria NCC Schedules October Operational Launch for TIRMS Anti-Fraud Platform</strong> — The Nigerian Communications Commission announced on Monday, September 14, that its Telecommunications Identity Risk…</li><li><strong>SARS Tightens Data Audits and Penalty Rules for 2026 Tax Season</strong> — The South African Revenue Service expanded its automated tax assessment pipeline on Monday, September 14…</li><li><strong>CBN Data Reveals 476 Net Bank Branch Closures Amid Shift to Digital Payment Channels</strong> — Central Bank of Nigeria statistical data published on Monday, September 14, reveals that commercial banks closed a net…</li><li><strong>Cashfree Launches Checkout360 Suite Featuring AI Cash-on-Delivery Risk Scoring</strong> — Following its rollout of the Relay AI agent suite we tracked in August, Cashfree Payments introduced Checkout360 during…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:26 Zambian Fintech Zoyk Obtains Central Bank Clearance for DRC Aggregation<br/>02:14 South Africa Relaxes Exchange Control Discretionary Allowances and Card Limits<br/>03:07 Enza and Fraudio Embed Native AI Fraud Detection Across African Payment Rails<br/>03:55 Nigerian Banks Outline Operational Rules for PAPSS Cross-Border B2B Settlement<br/>04:45 INTERPOL Cybercrime Report Cites $484M African Losses Driven by Synthetic AI Fr…<br/>05:33 Divergent East African Court Rulings Set Liability Benchmarks for Mobile Accoun…<br/>06:21 Equator Finance Launches Multi-Currency Settlement Desk for East and Southern A…<br/>07:09 Nigeria NCC Schedules October Operational Launch for TIRMS Anti-Fraud Platform<br/>07:52 SARS Tightens Data Audits and Penalty Rules for 2026 Tax Season<br/>08:43 CBN Data Reveals 476 Net Bank Branch Closures Amid Shift to Digital Payment Cha…<br/>09:33 Cashfree Launches Checkout360 Suite Featuring AI Cash-on-Delivery Risk Scoring<br/>10:24 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-15/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-15/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-15.mp3" length="5827900" type="audio/mpeg"/>
      <pubDate>Tue, 15 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Stablecoin orchestration is abstracting the complexity of multi-chain routing away from the merchant checkout. Flutterwave is deploying a dynamic settlement architecture across African trade corridors, automatically selecting between assets</itunes:subtitle>
      <itunes:summary>Stablecoin orchestration is abstracting the complexity of multi-chain routing away from the merchant checkout. Flutterwave is deploying a dynamic settlement architecture across African trade corridors, automatically selecting between assets like USDC and RLUSD based on liquidity and network fees. In today's briefing, we also unpack a major relaxation of South African exchange controls, and divergent East African court rulings that establish new liability tripwires for mobile account fraud.

In this episode:
• Flutterwave Scales Multi-Rail Stablecoin Routing Architecture Across African Corridors
• Zambian Fintech Zoyk Obtains Central Bank Clearance for DRC Aggregation
• South Africa Relaxes Exchange Control Discretionary Allowances and Card Limits
• Enza and Fraudio Embed Native AI Fraud Detection Across African Payment Rails
• Nigerian Banks Outline Operational Rules for PAPSS Cross-Border B2B Settlement
• INTERPOL Cybercrime Report Cites $484M African Losses Driven by Synthetic AI Fraud
• Divergent East African Court Rulings Set Liability Benchmarks for Mobile Account Fraud
• Equator Finance Launches Multi-Currency Settlement Desk for East and Southern Africa
• Nigeria NCC Schedules October Operational Launch for TIRMS Anti-Fraud Platform
• SARS Tightens Data Audits and Penalty Rules for 2026 Tax Season
• CBN Data Reveals 476 Net Bank Branch Closures Amid Shift to Digital Payment Channels
• Cashfree Launches Checkout360 Suite Featuring AI Cash-on-Delivery Risk Scoring

Chapters:
00:00 Intro
01:26 Zambian Fintech Zoyk Obtains Central Bank Clearance for DRC Aggregation
02:14 South Africa Relaxes Exchange Control Discretionary Allowances and Card Limits
03:07 Enza and Fraudio Embed Native AI Fraud Detection Across African Payment Rails
03:55 Nigerian Banks Outline Operational Rules for PAPSS Cross-Border B2B Settlement
04:45 INTERPOL Cybercrime Report Cites $484M African Losses Driven by Synthetic AI Fr…
05:33 Divergent East African Court Rulings Set Liability Benchmarks for Mobile Accoun…
06:21 Equator Finance Launches Multi-Currency Settlement Desk for East and Southern A…
07:09 Nigeria NCC Schedules October Operational Launch for TIRMS Anti-Fraud Platform
07:52 SARS Tightens Data Audits and Penalty Rules for 2026 Tax Season
08:43 CBN Data Reveals 476 Net Bank Branch Closures Amid Shift to Digital Payment Cha…
09:33 Cashfree Launches Checkout360 Suite Featuring AI Cash-on-Delivery Risk Scoring
10:24 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-15/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>75</itunes:episode>
      <itunes:title>Sep 15: Flutterwave Scales Multi-Rail Stablecoin Routing Architecture Across African Corridors</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 14: SARB Penalizes Capitec and Ninety One R34 Million Over FICA Compliance Lapses</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-14/</link>
      <description>The prospect of a unified BRICS currency is officially off the table. Adopting the New Delhi Declaration, member states have instead committed to a decentralized local-currency settlement framework. Today on The Settlement Layer, we also unpack R34 million in anti-money laundering penalties hitting major South African financial institutions, and a severe wave of telecom fiber cuts threatening payment uptime across Nigeria.

In this episode:
• SARB Penalizes Capitec and Ninety One R34 Million Over FICA Compliance Lapses
• NIBSS Unveils Maiden Digest Outlining ISO 20022 National Payment Stack
• Savannah Software Audit Outlines Remediation for Kenya's 85% Mobile Cart Abandonment
• Central Bank of Kenya Issues Warning on Unmonitored AI Credit Decisioning
• Stripe Releases Radar 4.0 Featuring Behavioral Biometrics and SKU-Level Risk Scoring
• BRICS Summit Formally Rejects Common Currency in Favor of Local-Currency Settlement Rails
• Nigeria Electronic Payments Top N1.05 Quadrillion as Fiber Cuts Threaten Network Uptime
• Lesaka Outlines Merchant Division Turnaround Strategy Following Adumo Integration
• Verto CEO Identifies Regulatory Compliance as Core Moat in Cross-Border Settlement
• Remita Powers Digital Subscription Rails for Dangote Refinery's N2.15 Trillion IPO
• POPIA Unique Identifier Mandates Create Compliance Friction for SA Merchant Analytics
• Central Bank of Kenya Finalizes Systemically Important Bank Regulatory Framework

Chapters:
00:00 Intro
01:25 NIBSS Unveils Maiden Digest Outlining ISO 20022 National Payment Stack
02:13 Savannah Software Audit Outlines Remediation for Kenya's 85% Mobile Cart Abando…
03:01 Central Bank of Kenya Issues Warning on Unmonitored AI Credit Decisioning
03:49 Stripe Releases Radar 4.0 Featuring Behavioral Biometrics and SKU-Level Risk Sc…
04:33 BRICS Summit Formally Rejects Common Currency in Favor of Local-Currency Settle…
05:18 Nigeria Electronic Payments Top N1.05 Quadrillion as Fiber Cuts Threaten Networ…
06:02 Lesaka Outlines Merchant Division Turnaround Strategy Following Adumo Integrati…
06:44 Verto CEO Identifies Regulatory Compliance as Core Moat in Cross-Border Settlem…
07:27 Remita Powers Digital Subscription Rails for Dangote Refinery's N2.15 Trillion…
08:08 POPIA Unique Identifier Mandates Create Compliance Friction for SA Merchant Ana…
08:52 Central Bank of Kenya Finalizes Systemically Important Bank Regulatory Framework
09:32 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-14/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The prospect of a unified BRICS currency is officially off the table. Adopting the New Delhi Declaration, member states have instead committed to a decentralized local-currency settlement framework. Today on The Settlement Layer, we also unpack R34 million in anti-money laundering penalties hitting major South African financial institutions, and a severe wave of telecom fiber cuts threatening payment uptime across Nigeria.</p><h3>In this episode</h3><ul><li><strong>SARB Penalizes Capitec and Ninety One R34 Million Over FICA Compliance Lapses</strong> — The Prudential Authority within the South African Reserve Bank imposed R34 million in total administrative penalties on…</li><li><strong>NIBSS Unveils Maiden Digest Outlining ISO 20022 National Payment Stack</strong> — The Nigeria Inter-Bank Settlement System published the maiden edition of 'NIBSS Digest' on Sunday, September 13…</li><li><strong>Savannah Software Audit Outlines Remediation for Kenya's 85% Mobile Cart Abandonment</strong> — A technical operational audit published by Savannah Software Solutions on Monday, September 14, reveals that mobile…</li><li><strong>Central Bank of Kenya Issues Warning on Unmonitored AI Credit Decisioning</strong> — The Central Bank of Kenya issued an official warning to commercial banks on Sunday, September 13, regarding the…</li><li><strong>Stripe Releases Radar 4.0 Featuring Behavioral Biometrics and SKU-Level Risk Scoring</strong> — Stripe rolled out Radar 4.0, featuring real-time adaptive machine learning, client-side behavioral biometrics…</li><li><strong>BRICS Summit Formally Rejects Common Currency in Favor of Local-Currency Settlement Rails</strong> — Following up on the multi-CBDC translation architecture proposed by India at the New Delhi BRICS summit that we tracked…</li><li><strong>Nigeria Electronic Payments Top N1.05 Quadrillion as Fiber Cuts Threaten Network Uptime</strong> — Central Bank of Nigeria data released on Sunday, September 13, shows electronic payment values reached N1.053…</li><li><strong>Lesaka Outlines Merchant Division Turnaround Strategy Following Adumo Integration</strong> — Fintech group Lesaka Technologies detailed a four-point turnaround plan on Sunday, September 13, for its merchant…</li><li><strong>Verto CEO Identifies Regulatory Compliance as Core Moat in Cross-Border Settlement</strong> — In an operational interview on Sunday, September 13, Verto Co-Founder and CEO Ola Oyetayo argued that regulatory…</li><li><strong>Remita Powers Digital Subscription Rails for Dangote Refinery's N2.15 Trillion IPO</strong> — Remita Payment Services Limited was selected as a primary digital distribution channel for the Initial Public Offering…</li><li><strong>POPIA Unique Identifier Mandates Create Compliance Friction for SA Merchant Analytics</strong> — A legal compliance advisory published on Sunday, September 13, warns South African organizations that using unique…</li><li><strong>Central Bank of Kenya Finalizes Systemically Important Bank Regulatory Framework</strong> — The Central Bank of Kenya published a draft Domestic Systemically Important Banks (D-SIBs) framework on Sunday…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:25 NIBSS Unveils Maiden Digest Outlining ISO 20022 National Payment Stack<br/>02:13 Savannah Software Audit Outlines Remediation for Kenya's 85% Mobile Cart Abando…<br/>03:01 Central Bank of Kenya Issues Warning on Unmonitored AI Credit Decisioning<br/>03:49 Stripe Releases Radar 4.0 Featuring Behavioral Biometrics and SKU-Level Risk Sc…<br/>04:33 BRICS Summit Formally Rejects Common Currency in Favor of Local-Currency Settle…<br/>05:18 Nigeria Electronic Payments Top N1.05 Quadrillion as Fiber Cuts Threaten Networ…<br/>06:02 Lesaka Outlines Merchant Division Turnaround Strategy Following Adumo Integrati…<br/>06:44 Verto CEO Identifies Regulatory Compliance as Core Moat in Cross-Border Settlem…<br/>07:27 Remita Powers Digital Subscription Rails for Dangote Refinery's N2.15 Trillion…<br/>08:08 POPIA Unique Identifier Mandates Create Compliance Friction for SA Merchant Ana…<br/>08:52 Central Bank of Kenya Finalizes Systemically Important Bank Regulatory Framework<br/>09:32 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-14/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-14/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-14.mp3" length="5073386" type="audio/mpeg"/>
      <pubDate>Mon, 14 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The prospect of a unified BRICS currency is officially off the table. Adopting the New Delhi Declaration, member states have instead committed to a decentralized local-currency settlement framework. Today on The Settlement Layer, we also un</itunes:subtitle>
      <itunes:summary>The prospect of a unified BRICS currency is officially off the table. Adopting the New Delhi Declaration, member states have instead committed to a decentralized local-currency settlement framework. Today on The Settlement Layer, we also unpack R34 million in anti-money laundering penalties hitting major South African financial institutions, and a severe wave of telecom fiber cuts threatening payment uptime across Nigeria.

In this episode:
• SARB Penalizes Capitec and Ninety One R34 Million Over FICA Compliance Lapses
• NIBSS Unveils Maiden Digest Outlining ISO 20022 National Payment Stack
• Savannah Software Audit Outlines Remediation for Kenya's 85% Mobile Cart Abandonment
• Central Bank of Kenya Issues Warning on Unmonitored AI Credit Decisioning
• Stripe Releases Radar 4.0 Featuring Behavioral Biometrics and SKU-Level Risk Scoring
• BRICS Summit Formally Rejects Common Currency in Favor of Local-Currency Settlement Rails
• Nigeria Electronic Payments Top N1.05 Quadrillion as Fiber Cuts Threaten Network Uptime
• Lesaka Outlines Merchant Division Turnaround Strategy Following Adumo Integration
• Verto CEO Identifies Regulatory Compliance as Core Moat in Cross-Border Settlement
• Remita Powers Digital Subscription Rails for Dangote Refinery's N2.15 Trillion IPO
• POPIA Unique Identifier Mandates Create Compliance Friction for SA Merchant Analytics
• Central Bank of Kenya Finalizes Systemically Important Bank Regulatory Framework

Chapters:
00:00 Intro
01:25 NIBSS Unveils Maiden Digest Outlining ISO 20022 National Payment Stack
02:13 Savannah Software Audit Outlines Remediation for Kenya's 85% Mobile Cart Abando…
03:01 Central Bank of Kenya Issues Warning on Unmonitored AI Credit Decisioning
03:49 Stripe Releases Radar 4.0 Featuring Behavioral Biometrics and SKU-Level Risk Sc…
04:33 BRICS Summit Formally Rejects Common Currency in Favor of Local-Currency Settle…
05:18 Nigeria Electronic Payments Top N1.05 Quadrillion as Fiber Cuts Threaten Networ…
06:02 Lesaka Outlines Merchant Division Turnaround Strategy Following Adumo Integrati…
06:44 Verto CEO Identifies Regulatory Compliance as Core Moat in Cross-Border Settlem…
07:27 Remita Powers Digital Subscription Rails for Dangote Refinery's N2.15 Trillion…
08:08 POPIA Unique Identifier Mandates Create Compliance Friction for SA Merchant Ana…
08:52 Central Bank of Kenya Finalizes Systemically Important Bank Regulatory Framework
09:32 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-14/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>74</itunes:episode>
      <itunes:title>Sep 14: SARB Penalizes Capitec and Ninety One R34 Million Over FICA Compliance Lapses</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 13: Visa Stablecoin Settlement Reaches $20B Run Rate with Programmatic Credit Facilities</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-13/</link>
      <description>Continental clearing systems are accelerating their drive into North Africa, with the Pan-African Payment and Settlement System now targeting 60 percent of Egypt's outbound cross-border flows. This briefing also covers Visa's $20 billion stablecoin settlement run rate, and a joint push by major card networks to establish identity standards for autonomous AI agents.

In this episode:
• Visa Stablecoin Settlement Reaches $20B Run Rate with Programmatic Credit Facilities
• PAPSS Targets 60% of Egyptian Cross-Border Outflows via InstaPay Interoperability
• Mastercard and Busha Deploy Crypto Credential Aliases Across Nigeria
• Bitget Wallet Analysis Outlines Regulatory Tax Friction for Stablecoin Neobanks in Nigeria
• Visa, Mastercard, and Ant International Outline Joint KYA Framework for Autonomous AI Commerce
• Fidelity Bank Scales Naira PAPSS Settlement Across 120-Second Commercial Corridors
• Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Payment Vendors
• NFIU Advances Joint Public-Private Intelligence Framework with Banks and Fintechs
• Safaricom Issues 6-Step SIM Configuration Rules to Resolve Diaspora M-Pesa Login Blocks
• Latitude Raises $35M Series A to Build Regulated Fiat On- and Off-Ramp Network
• India Proposes Interoperable CBDC Translation Layer for BRICS Cross-Border Clearing

Chapters:
00:00 Intro
01:15 PAPSS Targets 60% of Egyptian Cross-Border Outflows via InstaPay Interoperabili…
02:05 Mastercard and Busha Deploy Crypto Credential Aliases Across Nigeria
02:49 Bitget Wallet Analysis Outlines Regulatory Tax Friction for Stablecoin Neobanks…
03:35 Visa, Mastercard, and Ant International Outline Joint KYA Framework for Autonom…
04:21 Fidelity Bank Scales Naira PAPSS Settlement Across 120-Second Commercial Corrid…
05:05 Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Payment Vendors
05:46 NFIU Advances Joint Public-Private Intelligence Framework with Banks and Fintec…
06:30 Safaricom Issues 6-Step SIM Configuration Rules to Resolve Diaspora M-Pesa Logi…
07:11 Latitude Raises $35M Series A to Build Regulated Fiat On- and Off-Ramp Network
07:52 India Proposes Interoperable CBDC Translation Layer for BRICS Cross-Border Clea…
08:35 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-13/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Continental clearing systems are accelerating their drive into North Africa, with the Pan-African Payment and Settlement System now targeting 60 percent of Egypt's outbound cross-border flows. This briefing also covers Visa's $20 billion stablecoin settlement run rate, and a joint push by major card networks to establish identity standards for autonomous AI agents.</p><h3>In this episode</h3><ul><li><strong>Visa Stablecoin Settlement Reaches $20B Run Rate with Programmatic Credit Facilities</strong> — Visa disclosed on Saturday, September 12, that its annualized stablecoin settlement run rate surpassed $20 billion in…</li><li><strong>PAPSS Targets 60% of Egyptian Cross-Border Outflows via InstaPay Interoperability</strong> — Expanding on the PAPSS 30-country footprint and 1,000 percent volume surge we noted yesterday, CEO Mike Ogbalu III…</li><li><strong>Mastercard and Busha Deploy Crypto Credential Aliases Across Nigeria</strong> — Following Friday's rollout of the Mastercard Crypto Credential in Nigeria with SEC-licensed exchange Busha that we…</li><li><strong>Bitget Wallet Analysis Outlines Regulatory Tax Friction for Stablecoin Neobanks in Nigeria</strong> — Adding to the Nigerian digital asset tax framework we've been tracking, Bitget Wallet COO Alvin Kan published…</li><li><strong>Visa, Mastercard, and Ant International Outline Joint KYA Framework for Autonomous AI Commerce</strong> — Advancing the autonomous AI commerce standards we've tracked over the past month, Visa, Mastercard, and Ant…</li><li><strong>Fidelity Bank Scales Naira PAPSS Settlement Across 120-Second Commercial Corridors</strong> — Building on the Pan-African Payment and Settlement System expansion we tracked yesterday, commercial deployment reports…</li><li><strong>Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Payment Vendors</strong> — Following up on the systemic cyber risk warning from Central Bank of Nigeria Payments System Supervision Director Dr.</li><li><strong>NFIU Advances Joint Public-Private Intelligence Framework with Banks and Fintechs</strong> — Following Thursday's introduction of the Joint Financial Intelligence Collaboration framework that we covered…</li><li><strong>Safaricom Issues 6-Step SIM Configuration Rules to Resolve Diaspora M-Pesa Login Blocks</strong> — Safaricom issued operational technical guidance on Saturday, September 12, to resolve widespread authentication…</li><li><strong>Latitude Raises $35M Series A to Build Regulated Fiat On- and Off-Ramp Network</strong> — Cross-border payment infrastructure startup Latitude announced a $35 million Series A round on September 9, led by Oak…</li><li><strong>India Proposes Interoperable CBDC Translation Layer for BRICS Cross-Border Clearing</strong> — At the New Delhi BRICS summit on Saturday, September 12, the Reserve Bank of India presented an architectural framework…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:15 PAPSS Targets 60% of Egyptian Cross-Border Outflows via InstaPay Interoperabili…<br/>02:05 Mastercard and Busha Deploy Crypto Credential Aliases Across Nigeria<br/>02:49 Bitget Wallet Analysis Outlines Regulatory Tax Friction for Stablecoin Neobanks…<br/>03:35 Visa, Mastercard, and Ant International Outline Joint KYA Framework for Autonom…<br/>04:21 Fidelity Bank Scales Naira PAPSS Settlement Across 120-Second Commercial Corrid…<br/>05:05 Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Payment Vendors<br/>05:46 NFIU Advances Joint Public-Private Intelligence Framework with Banks and Fintec…<br/>06:30 Safaricom Issues 6-Step SIM Configuration Rules to Resolve Diaspora M-Pesa Logi…<br/>07:11 Latitude Raises $35M Series A to Build Regulated Fiat On- and Off-Ramp Network<br/>07:52 India Proposes Interoperable CBDC Translation Layer for BRICS Cross-Border Clea…<br/>08:35 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-13/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-13/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-13.mp3" length="4762407" type="audio/mpeg"/>
      <pubDate>Sun, 13 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Continental clearing systems are accelerating their drive into North Africa, with the Pan-African Payment and Settlement System now targeting 60 percent of Egypt's outbound cross-border flows. This briefing also covers Visa's $20 billion st</itunes:subtitle>
      <itunes:summary>Continental clearing systems are accelerating their drive into North Africa, with the Pan-African Payment and Settlement System now targeting 60 percent of Egypt's outbound cross-border flows. This briefing also covers Visa's $20 billion stablecoin settlement run rate, and a joint push by major card networks to establish identity standards for autonomous AI agents.

In this episode:
• Visa Stablecoin Settlement Reaches $20B Run Rate with Programmatic Credit Facilities
• PAPSS Targets 60% of Egyptian Cross-Border Outflows via InstaPay Interoperability
• Mastercard and Busha Deploy Crypto Credential Aliases Across Nigeria
• Bitget Wallet Analysis Outlines Regulatory Tax Friction for Stablecoin Neobanks in Nigeria
• Visa, Mastercard, and Ant International Outline Joint KYA Framework for Autonomous AI Commerce
• Fidelity Bank Scales Naira PAPSS Settlement Across 120-Second Commercial Corridors
• Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Payment Vendors
• NFIU Advances Joint Public-Private Intelligence Framework with Banks and Fintechs
• Safaricom Issues 6-Step SIM Configuration Rules to Resolve Diaspora M-Pesa Login Blocks
• Latitude Raises $35M Series A to Build Regulated Fiat On- and Off-Ramp Network
• India Proposes Interoperable CBDC Translation Layer for BRICS Cross-Border Clearing

Chapters:
00:00 Intro
01:15 PAPSS Targets 60% of Egyptian Cross-Border Outflows via InstaPay Interoperabili…
02:05 Mastercard and Busha Deploy Crypto Credential Aliases Across Nigeria
02:49 Bitget Wallet Analysis Outlines Regulatory Tax Friction for Stablecoin Neobanks…
03:35 Visa, Mastercard, and Ant International Outline Joint KYA Framework for Autonom…
04:21 Fidelity Bank Scales Naira PAPSS Settlement Across 120-Second Commercial Corrid…
05:05 Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Payment Vendors
05:46 NFIU Advances Joint Public-Private Intelligence Framework with Banks and Fintec…
06:30 Safaricom Issues 6-Step SIM Configuration Rules to Resolve Diaspora M-Pesa Logi…
07:11 Latitude Raises $35M Series A to Build Regulated Fiat On- and Off-Ramp Network
07:52 India Proposes Interoperable CBDC Translation Layer for BRICS Cross-Border Clea…
08:35 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-13/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>73</itunes:episode>
      <itunes:title>Sep 13: Visa Stablecoin Settlement Reaches $20B Run Rate with Programmatic Credit Facilities</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 12: PAPSS Crosses 30-Country Footprint as Transaction Volumes Surge 1,000 Percent</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-12/</link>
      <description>Multi-currency settlement is pushing past bilateral agreements into massive regional scale. The Pan-African Payment and Settlement System has formally crossed into 30 nations, slashing cross-border FX demands by up to 80 percent. We also look at a 269 percent spike in South African deepfake fraud, and a sweeping internal breach probe at Kenya's Pesapal.

In this episode:
• PAPSS Crosses 30-Country Footprint as Transaction Volumes Surge 1,000 Percent
• Mastercard and Busha Deploy Verified Crypto Aliases in Nigeria
• Kenya Banking Fraud Unit Probes Pesapal Over KES 24.5M Insider Wire Scheme
• Sumsub Report Detects 269 Percent Deepfake Spike in South Africa
• Audit Reveals East African Mobile Money Corridors Impose 7 Percent Hidden FX Spreads
• PayU Ships AI Fraud Liability Protection for International Card Checkouts
• Central Bank of Kenya Proposes Systemic Bank Capital Buffers and Growth Restrictions
• Federal High Court Sets October Trial for N98.5B Patent Suit Against NIBSS and CBN
• FATF Report Uncovers Widespread Crypto Travel Rule Non-Compliance Across West and Central Africa
• Kenya eTIMS Invoicing Enforcement Freezes KES 45 Billion in SME Tax Refund Claims
• Physical Cash Agent Networks Maintain 18 Percent Growth Across Major African Markets
• Nigeria FX Utilization Reaches $50.9 Billion in 2025 as CBN Injects $151 Million

Chapters:
00:00 Intro
00:30 PAPSS Crosses 30-Country Footprint as Transaction Volumes Surge 1,000 Percent
01:22 Mastercard and Busha Deploy Verified Crypto Aliases in Nigeria
02:01 Kenya Banking Fraud Unit Probes Pesapal Over KES 24.5M Insider Wire Scheme
02:48 Sumsub Report Detects 269 Percent Deepfake Spike in South Africa
03:28 Audit Reveals East African Mobile Money Corridors Impose 7 Percent Hidden FX Sp…
04:11 PayU Ships AI Fraud Liability Protection for International Card Checkouts
04:53 Central Bank of Kenya Proposes Systemic Bank Capital Buffers and Growth Restric…
05:36 Federal High Court Sets October Trial for N98.5B Patent Suit Against NIBSS and…
06:23 FATF Report Uncovers Widespread Crypto Travel Rule Non-Compliance Across West a…
07:09 Kenya eTIMS Invoicing Enforcement Freezes KES 45 Billion in SME Tax Refund Clai…
07:49 Physical Cash Agent Networks Maintain 18 Percent Growth Across Major African Ma…
08:32 Nigeria FX Utilization Reaches $50.9 Billion in 2025 as CBN Injects $151 Million
09:18 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-12/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Multi-currency settlement is pushing past bilateral agreements into massive regional scale. The Pan-African Payment and Settlement System has formally crossed into 30 nations, slashing cross-border FX demands by up to 80 percent. We also look at a 269 percent spike in South African deepfake fraud, and a sweeping internal breach probe at Kenya's Pesapal.</p><h3>In this episode</h3><ul><li><strong>PAPSS Crosses 30-Country Footprint as Transaction Volumes Surge 1,000 Percent</strong> — Following the PAPSS expansion we've been tracking, CEO Mike Ogbalu III disclosed at an industry briefing in Lagos on…</li><li><strong>Mastercard and Busha Deploy Verified Crypto Aliases in Nigeria</strong> — Mastercard partnered with pan-African digital asset exchange Busha on Friday, September 11, to launch the Mastercard…</li><li><strong>Kenya Banking Fraud Unit Probes Pesapal Over KES 24.5M Insider Wire Scheme</strong> — Detectives from Kenya's Banking Fraud Investigations Unit questioned a Pesapal executive on Friday, September 11…</li><li><strong>Sumsub Report Detects 269 Percent Deepfake Spike in South Africa</strong> — Expanding on the structural shift toward synthetic identities we tracked last month, Sumsub published new data on…</li><li><strong>Audit Reveals East African Mobile Money Corridors Impose 7 Percent Hidden FX Spreads</strong> — A field audit of cross-border mobile money transfers across Kenya, Uganda, Tanzania, and Rwanda published on Friday…</li><li><strong>PayU Ships AI Fraud Liability Protection for International Card Checkouts</strong> — At the Global Fintech Fest 2026 on Friday, September 11, PayU launched Fraud Liability Protect, an AI-driven security…</li><li><strong>Central Bank of Kenya Proposes Systemic Bank Capital Buffers and Growth Restrictions</strong> — The Central Bank of Kenya published draft regulatory guidelines on Thursday, September 10, establishing a Domestic…</li><li><strong>Federal High Court Sets October Trial for N98.5B Patent Suit Against NIBSS and CBN</strong> — A Federal High Court in Lagos adjourned a N98.5 billion patent infringement and breach-of-contract lawsuit against the…</li><li><strong>FATF Report Uncovers Widespread Crypto Travel Rule Non-Compliance Across West and Central Africa</strong> — Highlighting the fragmented regional compliance environments we've been tracking, the Financial Action Task Force…</li><li><strong>Kenya eTIMS Invoicing Enforcement Freezes KES 45 Billion in SME Tax Refund Claims</strong> — An industry report published on Friday, September 11, detailed that mandatory enforcement of Kenya's electronic Tax…</li><li><strong>Physical Cash Agent Networks Maintain 18 Percent Growth Across Major African Markets</strong> — A field analysis across Kenya, Nigeria, and Ghana published on Friday, September 11, revealed that physical…</li><li><strong>Nigeria FX Utilization Reaches $50.9 Billion in 2025 as CBN Injects $151 Million</strong> — Adding to the FX liquidity metrics we have been tracking, Central Bank of Nigeria data released on Friday, September…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:30 PAPSS Crosses 30-Country Footprint as Transaction Volumes Surge 1,000 Percent<br/>01:22 Mastercard and Busha Deploy Verified Crypto Aliases in Nigeria<br/>02:01 Kenya Banking Fraud Unit Probes Pesapal Over KES 24.5M Insider Wire Scheme<br/>02:48 Sumsub Report Detects 269 Percent Deepfake Spike in South Africa<br/>03:28 Audit Reveals East African Mobile Money Corridors Impose 7 Percent Hidden FX Sp…<br/>04:11 PayU Ships AI Fraud Liability Protection for International Card Checkouts<br/>04:53 Central Bank of Kenya Proposes Systemic Bank Capital Buffers and Growth Restric…<br/>05:36 Federal High Court Sets October Trial for N98.5B Patent Suit Against NIBSS and…<br/>06:23 FATF Report Uncovers Widespread Crypto Travel Rule Non-Compliance Across West a…<br/>07:09 Kenya eTIMS Invoicing Enforcement Freezes KES 45 Billion in SME Tax Refund Clai…<br/>07:49 Physical Cash Agent Networks Maintain 18 Percent Growth Across Major African Ma…<br/>08:32 Nigeria FX Utilization Reaches $50.9 Billion in 2025 as CBN Injects $151 Million<br/>09:18 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-12/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-12/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-12.mp3" length="4936870" type="audio/mpeg"/>
      <pubDate>Sat, 12 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Multi-currency settlement is pushing past bilateral agreements into massive regional scale. The Pan-African Payment and Settlement System has formally crossed into 30 nations, slashing cross-border FX demands by up to 80 percent. We also lo</itunes:subtitle>
      <itunes:summary>Multi-currency settlement is pushing past bilateral agreements into massive regional scale. The Pan-African Payment and Settlement System has formally crossed into 30 nations, slashing cross-border FX demands by up to 80 percent. We also look at a 269 percent spike in South African deepfake fraud, and a sweeping internal breach probe at Kenya's Pesapal.

In this episode:
• PAPSS Crosses 30-Country Footprint as Transaction Volumes Surge 1,000 Percent
• Mastercard and Busha Deploy Verified Crypto Aliases in Nigeria
• Kenya Banking Fraud Unit Probes Pesapal Over KES 24.5M Insider Wire Scheme
• Sumsub Report Detects 269 Percent Deepfake Spike in South Africa
• Audit Reveals East African Mobile Money Corridors Impose 7 Percent Hidden FX Spreads
• PayU Ships AI Fraud Liability Protection for International Card Checkouts
• Central Bank of Kenya Proposes Systemic Bank Capital Buffers and Growth Restrictions
• Federal High Court Sets October Trial for N98.5B Patent Suit Against NIBSS and CBN
• FATF Report Uncovers Widespread Crypto Travel Rule Non-Compliance Across West and Central Africa
• Kenya eTIMS Invoicing Enforcement Freezes KES 45 Billion in SME Tax Refund Claims
• Physical Cash Agent Networks Maintain 18 Percent Growth Across Major African Markets
• Nigeria FX Utilization Reaches $50.9 Billion in 2025 as CBN Injects $151 Million

Chapters:
00:00 Intro
00:30 PAPSS Crosses 30-Country Footprint as Transaction Volumes Surge 1,000 Percent
01:22 Mastercard and Busha Deploy Verified Crypto Aliases in Nigeria
02:01 Kenya Banking Fraud Unit Probes Pesapal Over KES 24.5M Insider Wire Scheme
02:48 Sumsub Report Detects 269 Percent Deepfake Spike in South Africa
03:28 Audit Reveals East African Mobile Money Corridors Impose 7 Percent Hidden FX Sp…
04:11 PayU Ships AI Fraud Liability Protection for International Card Checkouts
04:53 Central Bank of Kenya Proposes Systemic Bank Capital Buffers and Growth Restric…
05:36 Federal High Court Sets October Trial for N98.5B Patent Suit Against NIBSS and…
06:23 FATF Report Uncovers Widespread Crypto Travel Rule Non-Compliance Across West a…
07:09 Kenya eTIMS Invoicing Enforcement Freezes KES 45 Billion in SME Tax Refund Clai…
07:49 Physical Cash Agent Networks Maintain 18 Percent Growth Across Major African Ma…
08:32 Nigeria FX Utilization Reaches $50.9 Billion in 2025 as CBN Injects $151 Million
09:18 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-12/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>72</itunes:episode>
      <itunes:title>Sep 12: PAPSS Crosses 30-Country Footprint as Transaction Volumes Surge 1,000 Percent</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 11: AWS Commits $1.5 Billion to African Cloud and AI Infrastructure Expansion</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-11/</link>
      <description>Today on The Settlement Layer: the Central Bank of Nigeria issues a systemic risk warning for third-party payment vendors, while regional clearing networks integrate the Angolan kwanza to bypass foreign intermediaries.

In this episode:
• AWS Commits $1.5 Billion to African Cloud and AI Infrastructure Expansion
• Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Banks and Top Fintechs
• Angolan Kwanza Admitted as SADC Cross-Border RTGS Settlement Currency
• NFIU Unveils Joint Financial Intelligence Collaboration Framework for Real-Time Data Sharing
• Ericsson and MTN Group Complete Cloud-Native MoMo Evolved Migration
• Bank of Ghana Reports 98 Percent Surge in Digital Financial Fraud Over Three Years
• Visa, Mastercard, and Ant International Launch Joint KYA Framework for Autonomous AI Commerce
• Razorpay Details Production Architecture and Metrics for Vulcan Payments AI Foundation Model
• TendePay Obtains Central Bank of Kenya Approval to Launch Regulated E-Wallet
• Kenya Establishes 90-Day Regularization Window and Local Content Sourcing Mandates
• Nigerian Interbank FX Turnover Surges 70% to $94.4 Million as Naira Adjusts to N1,334/$
• Creditchek Acquires Ugandan Core Banking Provider Algosys to Expand Regional Lending Stack

Chapters:
00:00 Intro
01:05 Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Banks and Top Fin…
01:55 Angolan Kwanza Admitted as SADC Cross-Border RTGS Settlement Currency
02:38 NFIU Unveils Joint Financial Intelligence Collaboration Framework for Real-Time…
03:20 Ericsson and MTN Group Complete Cloud-Native MoMo Evolved Migration
04:02 Bank of Ghana Reports 98 Percent Surge in Digital Financial Fraud Over Three Ye…
04:47 Visa, Mastercard, and Ant International Launch Joint KYA Framework for Autonomo…
05:32 Razorpay Details Production Architecture and Metrics for Vulcan Payments AI Fou…
06:16 TendePay Obtains Central Bank of Kenya Approval to Launch Regulated E-Wallet
06:56 Kenya Establishes 90-Day Regularization Window and Local Content Sourcing Manda…
07:37 Nigerian Interbank FX Turnover Surges 70% to $94.4 Million as Naira Adjusts to…
08:18 Creditchek Acquires Ugandan Core Banking Provider Algosys to Expand Regional Le…
08:57 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-11/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: the Central Bank of Nigeria issues a systemic risk warning for third-party payment vendors, while regional clearing networks integrate the Angolan kwanza to bypass foreign intermediaries.</p><h3>In this episode</h3><ul><li><strong>AWS Commits $1.5 Billion to African Cloud and AI Infrastructure Expansion</strong> — At the AWS Summit Johannesburg on Thursday, September 10, Amazon Web Services announced a $1.5 billion investment…</li><li><strong>Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Banks and Top Fintechs</strong> — Speaking at the CIBN Annual Banking and Finance Conference on Thursday, September 10, Central Bank of Nigeria Payments…</li><li><strong>Angolan Kwanza Admitted as SADC Cross-Border RTGS Settlement Currency</strong> — On Thursday, September 10, the Southern African Development Community (SADC) integrated the Angolan kwanza into its…</li><li><strong>NFIU Unveils Joint Financial Intelligence Collaboration Framework for Real-Time Data Sharing</strong> — The Nigerian Financial Intelligence Unit introduced the Joint Financial Intelligence Collaboration framework on…</li><li><strong>Ericsson and MTN Group Complete Cloud-Native MoMo Evolved Migration</strong> — Ericsson and MTN Group Fintech completed the MoMo Evolved Migration across Eswatini, Ghana, Rwanda, and Uganda on…</li><li><strong>Bank of Ghana Reports 98 Percent Surge in Digital Financial Fraud Over Three Years</strong> — Following the jump to 24,778 annual financial sector fraud incidents we noted last week, the Bank of Ghana has now…</li><li><strong>Visa, Mastercard, and Ant International Launch Joint KYA Framework for Autonomous AI Commerce</strong> — Advancing the Agentic Payments Alliance initiatives we've been tracking, Ant International, Mastercard, and Visa…</li><li><strong>Razorpay Details Production Architecture and Metrics for Vulcan Payments AI Foundation Model</strong> — During the Global Fintech Fest on Thursday, September 10, Razorpay Co-Founder and CEO Harshil Mathur presented…</li><li><strong>TendePay Obtains Central Bank of Kenya Approval to Launch Regulated E-Wallet</strong> — On Thursday, September 10, Kenyan fintech platform TendePay secured official approval from the Central Bank of Kenya to…</li><li><strong>Kenya Establishes 90-Day Regularization Window and Local Content Sourcing Mandates</strong> — On Thursday, September 10, the Kenyan government extended its initial foreign trader compliance window to 90 days…</li><li><strong>Nigerian Interbank FX Turnover Surges 70% to $94.4 Million as Naira Adjusts to N1,334/$</strong> — While we recently noted a drop in broader weekly FX turnover, Central Bank of Nigeria data published on Wednesday…</li><li><strong>Creditchek Acquires Ugandan Core Banking Provider Algosys to Expand Regional Lending Stack</strong> — Nigerian credit data firm Creditchek announced the acquisition of Ugandan core banking software startup Algosys on…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:05 Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Banks and Top Fin…<br/>01:55 Angolan Kwanza Admitted as SADC Cross-Border RTGS Settlement Currency<br/>02:38 NFIU Unveils Joint Financial Intelligence Collaboration Framework for Real-Time…<br/>03:20 Ericsson and MTN Group Complete Cloud-Native MoMo Evolved Migration<br/>04:02 Bank of Ghana Reports 98 Percent Surge in Digital Financial Fraud Over Three Ye…<br/>04:47 Visa, Mastercard, and Ant International Launch Joint KYA Framework for Autonomo…<br/>05:32 Razorpay Details Production Architecture and Metrics for Vulcan Payments AI Fou…<br/>06:16 TendePay Obtains Central Bank of Kenya Approval to Launch Regulated E-Wallet<br/>06:56 Kenya Establishes 90-Day Regularization Window and Local Content Sourcing Manda…<br/>07:37 Nigerian Interbank FX Turnover Surges 70% to $94.4 Million as Naira Adjusts to…<br/>08:18 Creditchek Acquires Ugandan Core Banking Provider Algosys to Expand Regional Le…<br/>08:57 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-11/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-11/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-11.mp3" length="5040683" type="audio/mpeg"/>
      <pubDate>Fri, 11 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: the Central Bank of Nigeria issues a systemic risk warning for third-party payment vendors, while regional clearing networks integrate the Angolan kwanza to bypass foreign intermediaries.</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: the Central Bank of Nigeria issues a systemic risk warning for third-party payment vendors, while regional clearing networks integrate the Angolan kwanza to bypass foreign intermediaries.

In this episode:
• AWS Commits $1.5 Billion to African Cloud and AI Infrastructure Expansion
• Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Banks and Top Fintechs
• Angolan Kwanza Admitted as SADC Cross-Border RTGS Settlement Currency
• NFIU Unveils Joint Financial Intelligence Collaboration Framework for Real-Time Data Sharing
• Ericsson and MTN Group Complete Cloud-Native MoMo Evolved Migration
• Bank of Ghana Reports 98 Percent Surge in Digital Financial Fraud Over Three Years
• Visa, Mastercard, and Ant International Launch Joint KYA Framework for Autonomous AI Commerce
• Razorpay Details Production Architecture and Metrics for Vulcan Payments AI Foundation Model
• TendePay Obtains Central Bank of Kenya Approval to Launch Regulated E-Wallet
• Kenya Establishes 90-Day Regularization Window and Local Content Sourcing Mandates
• Nigerian Interbank FX Turnover Surges 70% to $94.4 Million as Naira Adjusts to N1,334/$
• Creditchek Acquires Ugandan Core Banking Provider Algosys to Expand Regional Lending Stack

Chapters:
00:00 Intro
01:05 Central Bank of Nigeria Issues Systemic Cyber Risk Warning to Banks and Top Fin…
01:55 Angolan Kwanza Admitted as SADC Cross-Border RTGS Settlement Currency
02:38 NFIU Unveils Joint Financial Intelligence Collaboration Framework for Real-Time…
03:20 Ericsson and MTN Group Complete Cloud-Native MoMo Evolved Migration
04:02 Bank of Ghana Reports 98 Percent Surge in Digital Financial Fraud Over Three Ye…
04:47 Visa, Mastercard, and Ant International Launch Joint KYA Framework for Autonomo…
05:32 Razorpay Details Production Architecture and Metrics for Vulcan Payments AI Fou…
06:16 TendePay Obtains Central Bank of Kenya Approval to Launch Regulated E-Wallet
06:56 Kenya Establishes 90-Day Regularization Window and Local Content Sourcing Manda…
07:37 Nigerian Interbank FX Turnover Surges 70% to $94.4 Million as Naira Adjusts to…
08:18 Creditchek Acquires Ugandan Core Banking Provider Algosys to Expand Regional Le…
08:57 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-11/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>71</itunes:episode>
      <itunes:title>Sep 11: AWS Commits $1.5 Billion to African Cloud and AI Infrastructure Expansion</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 10: South African Crypto Coalition Launches Campaign Against SARB Cross-Border Outflow Limits</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-10/</link>
      <description>For multi-currency gateways operating in West Africa, the compliance landscape just bifurcated. The Bank of Ghana is moving to mandate 1:1 commercial bank reserves for cedi-backed stablecoins while strictly curtailing USDT for domestic settlement. Today on The Settlement Layer, we also unpack a proposed 16% VAT on non-bank acquiring in Kenya, and a major pushback from South African digital asset platforms against SARB's draft cross-border outflow limits.

In this episode:
• South African Crypto Coalition Launches Campaign Against SARB Cross-Border Outflow Limits
• Bank of Ghana Drafts Framework Mandating 1:1 Reserve Backing for Cedi Stablecoins
• dLocal Secures Enhanced PSP License from Bank of Ghana for Direct Mobile Money Access
• Kenya Finance Bill 2026 Proposes 16% VAT on Digital Payment Processing and Acquiring
• ChamsSwitch Launches GLASS Gateway to Unify Asian Wallets and Cards for Nigerian Merchants
• Nigeria Cuts AfCFTA Certificate of Origin Processing to 24 Hours via Automated Customs
• SARS Customs Crackdown Forces Shein and Temu to Shift to Domestic Fulfilment in South Africa
• TerraPay Partners with Alipay+ to Enable Cross-Border QR Payments Across 15 African Wallets
• Moniepoint Outlines 'Failure-First' Gateway Architecture for 20M Daily Card Transactions
• Kenya ODPC Issues Binding Regulatory Guidance on Cross-Border Data Transfers
• Paystack Expands Compliance Infrastructure to Support Stablecoin and Cross-Border Operations
• SABRIC Figures Show R3.9 Billion South African Banking Fraud as Scams Target Instant Payments

Chapters:
00:00 Intro
01:15 Bank of Ghana Drafts Framework Mandating 1:1 Reserve Backing for Cedi Stablecoi…
02:02 dLocal Secures Enhanced PSP License from Bank of Ghana for Direct Mobile Money…
02:44 Kenya Finance Bill 2026 Proposes 16% VAT on Digital Payment Processing and Acqu…
03:26 ChamsSwitch Launches GLASS Gateway to Unify Asian Wallets and Cards for Nigeria…
04:03 Nigeria Cuts AfCFTA Certificate of Origin Processing to 24 Hours via Automated…
04:37 SARS Customs Crackdown Forces Shein and Temu to Shift to Domestic Fulfilment in…
05:14 TerraPay Partners with Alipay+ to Enable Cross-Border QR Payments Across 15 Afr…
05:48 Moniepoint Outlines 'Failure-First' Gateway Architecture for 20M Daily Card Tra…
06:19 Kenya ODPC Issues Binding Regulatory Guidance on Cross-Border Data Transfers
06:51 Paystack Expands Compliance Infrastructure to Support Stablecoin and Cross-Bord…
07:24 SABRIC Figures Show R3.9 Billion South African Banking Fraud as Scams Target In…
08:02 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-10/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>For multi-currency gateways operating in West Africa, the compliance landscape just bifurcated. The Bank of Ghana is moving to mandate 1:1 commercial bank reserves for cedi-backed stablecoins while strictly curtailing USDT for domestic settlement. Today on The Settlement Layer, we also unpack a proposed 16% VAT on non-bank acquiring in Kenya, and a major pushback from South African digital asset platforms against SARB's draft cross-border outflow limits.</p><h3>In this episode</h3><ul><li><strong>South African Crypto Coalition Launches Campaign Against SARB Cross-Border Outflow Limits</strong> — South African digital asset platforms including VALR, Luno, AltCoinTrader, and EasyEquities formed the CATASTROPHE…</li><li><strong>Bank of Ghana Drafts Framework Mandating 1:1 Reserve Backing for Cedi Stablecoins</strong> — Advancing the joint stablecoin regulatory sprint and the Virtual Assets Coordinating Committee (VACC) framework we've…</li><li><strong>dLocal Secures Enhanced PSP License from Bank of Ghana for Direct Mobile Money Access</strong> — Uruguay-headquartered cross-border payment processor dLocal secured an Enhanced Payment Service Provider (EPSP) license…</li><li><strong>Kenya Finance Bill 2026 Proposes 16% VAT on Digital Payment Processing and Acquiring</strong> — Kenya's Finance Bill 2026 proposals published on Wednesday, September 9, include a 16% Value-Added Tax on digital…</li><li><strong>ChamsSwitch Launches GLASS Gateway to Unify Asian Wallets and Cards for Nigerian Merchants</strong> — CBN-licensed payment switching company ChamsSwitch launched the GLASS payment gateway on Wednesday, September 9.</li><li><strong>Nigeria Cuts AfCFTA Certificate of Origin Processing to 24 Hours via Automated Customs</strong> — Nigeria's AfCFTA Coordination Office announced on Wednesday, September 9, that processing times for Certificates of…</li><li><strong>SARS Customs Crackdown Forces Shein and Temu to Shift to Domestic Fulfilment in South Africa</strong> — Data published in the Online Retail in South Africa 2026 report on Wednesday, September 9, reveals that strict customs…</li><li><strong>TerraPay Partners with Alipay+ to Enable Cross-Border QR Payments Across 15 African Wallets</strong> — TerraPay announced a strategic partnership with Ant International's Alipay+ on Wednesday, September 9, linking 15…</li><li><strong>Moniepoint Outlines 'Failure-First' Gateway Architecture for 20M Daily Card Transactions</strong> — At an engineering summit in Lagos on Wednesday, September 9, Moniepoint detailed the distributed systems architecture…</li><li><strong>Kenya ODPC Issues Binding Regulatory Guidance on Cross-Border Data Transfers</strong> — Kenya's Office of the Data Protection Commissioner (ODPC) published official regulatory guidance on cross-border data…</li><li><strong>Paystack Expands Compliance Infrastructure to Support Stablecoin and Cross-Border Operations</strong> — Paystack initiated an operational expansion of its compliance and regulatory monitoring stack on Wednesday, September…</li><li><strong>SABRIC Figures Show R3.9 Billion South African Banking Fraud as Scams Target Instant Payments</strong> — Data released by the South African Banking Risk Information Centre (SABRIC) on Wednesday, September 9, shows annual…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:15 Bank of Ghana Drafts Framework Mandating 1:1 Reserve Backing for Cedi Stablecoi…<br/>02:02 dLocal Secures Enhanced PSP License from Bank of Ghana for Direct Mobile Money…<br/>02:44 Kenya Finance Bill 2026 Proposes 16% VAT on Digital Payment Processing and Acqu…<br/>03:26 ChamsSwitch Launches GLASS Gateway to Unify Asian Wallets and Cards for Nigeria…<br/>04:03 Nigeria Cuts AfCFTA Certificate of Origin Processing to 24 Hours via Automated…<br/>04:37 SARS Customs Crackdown Forces Shein and Temu to Shift to Domestic Fulfilment in…<br/>05:14 TerraPay Partners with Alipay+ to Enable Cross-Border QR Payments Across 15 Afr…<br/>05:48 Moniepoint Outlines 'Failure-First' Gateway Architecture for 20M Daily Card Tra…<br/>06:19 Kenya ODPC Issues Binding Regulatory Guidance on Cross-Border Data Transfers<br/>06:51 Paystack Expands Compliance Infrastructure to Support Stablecoin and Cross-Bord…<br/>07:24 SABRIC Figures Show R3.9 Billion South African Banking Fraud as Scams Target In…<br/>08:02 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-10/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-10/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-10.mp3" length="4413237" type="audio/mpeg"/>
      <pubDate>Thu, 10 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>For multi-currency gateways operating in West Africa, the compliance landscape just bifurcated. The Bank of Ghana is moving to mandate 1:1 commercial bank reserves for cedi-backed stablecoins while strictly curtailing USDT for domestic sett</itunes:subtitle>
      <itunes:summary>For multi-currency gateways operating in West Africa, the compliance landscape just bifurcated. The Bank of Ghana is moving to mandate 1:1 commercial bank reserves for cedi-backed stablecoins while strictly curtailing USDT for domestic settlement. Today on The Settlement Layer, we also unpack a proposed 16% VAT on non-bank acquiring in Kenya, and a major pushback from South African digital asset platforms against SARB's draft cross-border outflow limits.

In this episode:
• South African Crypto Coalition Launches Campaign Against SARB Cross-Border Outflow Limits
• Bank of Ghana Drafts Framework Mandating 1:1 Reserve Backing for Cedi Stablecoins
• dLocal Secures Enhanced PSP License from Bank of Ghana for Direct Mobile Money Access
• Kenya Finance Bill 2026 Proposes 16% VAT on Digital Payment Processing and Acquiring
• ChamsSwitch Launches GLASS Gateway to Unify Asian Wallets and Cards for Nigerian Merchants
• Nigeria Cuts AfCFTA Certificate of Origin Processing to 24 Hours via Automated Customs
• SARS Customs Crackdown Forces Shein and Temu to Shift to Domestic Fulfilment in South Africa
• TerraPay Partners with Alipay+ to Enable Cross-Border QR Payments Across 15 African Wallets
• Moniepoint Outlines 'Failure-First' Gateway Architecture for 20M Daily Card Transactions
• Kenya ODPC Issues Binding Regulatory Guidance on Cross-Border Data Transfers
• Paystack Expands Compliance Infrastructure to Support Stablecoin and Cross-Border Operations
• SABRIC Figures Show R3.9 Billion South African Banking Fraud as Scams Target Instant Payments

Chapters:
00:00 Intro
01:15 Bank of Ghana Drafts Framework Mandating 1:1 Reserve Backing for Cedi Stablecoi…
02:02 dLocal Secures Enhanced PSP License from Bank of Ghana for Direct Mobile Money…
02:44 Kenya Finance Bill 2026 Proposes 16% VAT on Digital Payment Processing and Acqu…
03:26 ChamsSwitch Launches GLASS Gateway to Unify Asian Wallets and Cards for Nigeria…
04:03 Nigeria Cuts AfCFTA Certificate of Origin Processing to 24 Hours via Automated…
04:37 SARS Customs Crackdown Forces Shein and Temu to Shift to Domestic Fulfilment in…
05:14 TerraPay Partners with Alipay+ to Enable Cross-Border QR Payments Across 15 Afr…
05:48 Moniepoint Outlines 'Failure-First' Gateway Architecture for 20M Daily Card Tra…
06:19 Kenya ODPC Issues Binding Regulatory Guidance on Cross-Border Data Transfers
06:51 Paystack Expands Compliance Infrastructure to Support Stablecoin and Cross-Bord…
07:24 SABRIC Figures Show R3.9 Billion South African Banking Fraud as Scams Target In…
08:02 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-10/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>70</itunes:episode>
      <itunes:title>Sep 10: South African Crypto Coalition Launches Campaign Against SARB Cross-Border Outflow Limits</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 9: Circle Agrees to Acquire Tazapay for $400 Million to Secure Local Payment Rails</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-09/</link>
      <description>Global stablecoin issuers are accelerating their acquisition of localized fiat payout routes to bypass correspondent banking friction entirely. This briefing also covers Egypt's push for direct PAPSS clearing interoperability, new central bank gatekeeping powers over virtual assets in Kenya, and the first live passkey-authenticated card checkouts executed by autonomous software agents.

In this episode:
• Circle Agrees to Acquire Tazapay for $400 Million to Secure Local Payment Rails
• DCSPay Integrates Kotani Pay API for Local Mobile Money and Bank Stablecoin Off-Ramps
• PAPSS Advances Instapay Interoperability Talks Ahead of Q1 2027 Egyptian Launch Target
• Kenya Enacts Virtual Asset Rules Granting Central Bank Gatekeeping Over Foreign Stablecoins
• IMF Article IV Report Outlines Nigeria Stablecoin Dominance and Regulatory Oversight
• ZARU Integrates Absa to Add Structural Redundancy to Rand Stablecoin Clearing
• Safaricom Revises M-PESA Merchant Fees and Expands Pochi La Biashara Limits
• Revolut and Visa Test France's First Passkey-Authenticated Agentic Card Payment
• Tax Advisory Clarifies Five Zero-Rated VAT Export Misconceptions for South African Merchants

Chapters:
00:00 Intro
01:37 DCSPay Integrates Kotani Pay API for Local Mobile Money and Bank Stablecoin Off…
02:24 PAPSS Advances Instapay Interoperability Talks Ahead of Q1 2027 Egyptian Launch…
03:10 Kenya Enacts Virtual Asset Rules Granting Central Bank Gatekeeping Over Foreign…
03:55 IMF Article IV Report Outlines Nigeria Stablecoin Dominance and Regulatory Over…
04:42 ZARU Integrates Absa to Add Structural Redundancy to Rand Stablecoin Clearing
05:22 Safaricom Revises M-PESA Merchant Fees and Expands Pochi La Biashara Limits
06:03 Revolut and Visa Test France's First Passkey-Authenticated Agentic Card Payment
06:45 Tax Advisory Clarifies Five Zero-Rated VAT Export Misconceptions for South Afri…
07:28 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-09/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Global stablecoin issuers are accelerating their acquisition of localized fiat payout routes to bypass correspondent banking friction entirely. This briefing also covers Egypt's push for direct PAPSS clearing interoperability, new central bank gatekeeping powers over virtual assets in Kenya, and the first live passkey-authenticated card checkouts executed by autonomous software agents.</p><h3>In this episode</h3><ul><li><strong>Circle Agrees to Acquire Tazapay for $400 Million to Secure Local Payment Rails</strong> — Following Mastercard's $1.8 billion acquisition of BVNK last month, Circle Internet Group signed a definitive agreement…</li><li><strong>DCSPay Integrates Kotani Pay API for Local Mobile Money and Bank Stablecoin Off-Ramps</strong> — Stablecoin infrastructure firm DCSPay partnered with African payment provider Kotani Pay on Tuesday, September 8, to…</li><li><strong>PAPSS Advances Instapay Interoperability Talks Ahead of Q1 2027 Egyptian Launch Target</strong> — Building on the 1,000% volume surge and seven-second settlement execution we covered yesterday, Pan-African Payment and…</li><li><strong>Kenya Enacts Virtual Asset Rules Granting Central Bank Gatekeeping Over Foreign Stablecoins</strong> — Building on the domestic stablecoin reserve mandates and KSh 300 million capital floor we covered last month, Kenya…</li><li><strong>IMF Article IV Report Outlines Nigeria Stablecoin Dominance and Regulatory Oversight</strong> — The IMF's 2026 Article IV consultation on Nigeria published on Tuesday, September 8, detailed that the country received…</li><li><strong>ZARU Integrates Absa to Add Structural Redundancy to Rand Stablecoin Clearing</strong> — South African rand-backed stablecoin project ZARU announced on Tuesday, September 8, that it has integrated Absa as its…</li><li><strong>Safaricom Revises M-PESA Merchant Fees and Expands Pochi La Biashara Limits</strong> — Safaricom launched its Pata More campaign in Kenya on Tuesday, September 8, introducing restructured merchant fees…</li><li><strong>Revolut and Visa Test France's First Passkey-Authenticated Agentic Card Payment</strong> — Following the recent formation of the Agentic Payments Alliance we've been tracking, Revolut and Visa executed France's…</li><li><strong>Tax Advisory Clarifies Five Zero-Rated VAT Export Misconceptions for South African Merchants</strong> — Tax Consulting South Africa published regulatory guidance on Monday, September 7, outlining five critical VAT export…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:37 DCSPay Integrates Kotani Pay API for Local Mobile Money and Bank Stablecoin Off…<br/>02:24 PAPSS Advances Instapay Interoperability Talks Ahead of Q1 2027 Egyptian Launch…<br/>03:10 Kenya Enacts Virtual Asset Rules Granting Central Bank Gatekeeping Over Foreign…<br/>03:55 IMF Article IV Report Outlines Nigeria Stablecoin Dominance and Regulatory Over…<br/>04:42 ZARU Integrates Absa to Add Structural Redundancy to Rand Stablecoin Clearing<br/>05:22 Safaricom Revises M-PESA Merchant Fees and Expands Pochi La Biashara Limits<br/>06:03 Revolut and Visa Test France's First Passkey-Authenticated Agentic Card Payment<br/>06:45 Tax Advisory Clarifies Five Zero-Rated VAT Export Misconceptions for South Afri…<br/>07:28 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-09/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-09/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-09.mp3" length="4181383" type="audio/mpeg"/>
      <pubDate>Wed, 09 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Global stablecoin issuers are accelerating their acquisition of localized fiat payout routes to bypass correspondent banking friction entirely. This briefing also covers Egypt's push for direct PAPSS clearing interoperability, new central b</itunes:subtitle>
      <itunes:summary>Global stablecoin issuers are accelerating their acquisition of localized fiat payout routes to bypass correspondent banking friction entirely. This briefing also covers Egypt's push for direct PAPSS clearing interoperability, new central bank gatekeeping powers over virtual assets in Kenya, and the first live passkey-authenticated card checkouts executed by autonomous software agents.

In this episode:
• Circle Agrees to Acquire Tazapay for $400 Million to Secure Local Payment Rails
• DCSPay Integrates Kotani Pay API for Local Mobile Money and Bank Stablecoin Off-Ramps
• PAPSS Advances Instapay Interoperability Talks Ahead of Q1 2027 Egyptian Launch Target
• Kenya Enacts Virtual Asset Rules Granting Central Bank Gatekeeping Over Foreign Stablecoins
• IMF Article IV Report Outlines Nigeria Stablecoin Dominance and Regulatory Oversight
• ZARU Integrates Absa to Add Structural Redundancy to Rand Stablecoin Clearing
• Safaricom Revises M-PESA Merchant Fees and Expands Pochi La Biashara Limits
• Revolut and Visa Test France's First Passkey-Authenticated Agentic Card Payment
• Tax Advisory Clarifies Five Zero-Rated VAT Export Misconceptions for South African Merchants

Chapters:
00:00 Intro
01:37 DCSPay Integrates Kotani Pay API for Local Mobile Money and Bank Stablecoin Off…
02:24 PAPSS Advances Instapay Interoperability Talks Ahead of Q1 2027 Egyptian Launch…
03:10 Kenya Enacts Virtual Asset Rules Granting Central Bank Gatekeeping Over Foreign…
03:55 IMF Article IV Report Outlines Nigeria Stablecoin Dominance and Regulatory Over…
04:42 ZARU Integrates Absa to Add Structural Redundancy to Rand Stablecoin Clearing
05:22 Safaricom Revises M-PESA Merchant Fees and Expands Pochi La Biashara Limits
06:03 Revolut and Visa Test France's First Passkey-Authenticated Agentic Card Payment
06:45 Tax Advisory Clarifies Five Zero-Rated VAT Export Misconceptions for South Afri…
07:28 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-09/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>69</itunes:episode>
      <itunes:title>Sep 9: Circle Agrees to Acquire Tazapay for $400 Million to Secure Local Payment Rails</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 8: Nigerian Commercial Banks Expand Dollar Card Spending Limits Up to $40,000</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-08/</link>
      <description>Nigerian Tier-1 banks are reopening international dollar card spending limits up to $40,000 following a stabilization in Central Bank FX reserves. Elsewhere on the continent, Central Africa is unifying six national clearing houses into a single ISO 20022 regional switch, and agentic AI models are stepping in to handle live payment gateway routing.

In this episode:
• Nigerian Commercial Banks Expand Dollar Card Spending Limits Up to $40,000
• Mastercard and Flowcart Roll Out WhatsApp Native Chat-to-Pay Across East Africa
• BEAC Launches SYSTAC 2 ISO 20022 Clearing House and CEMAC Regional QR Code
• EFT Corporation Integrates Scan to Pay QR into Samsung Wallet in South Africa
• CONCRYT Embeds Agentic AI Operations to Dynamic Gateway Traffic Routing
• Bank of Tanzania Endorses Creditinfo Domestic Fraud Verification Network
• South Africa Apex Court Delivers Jurisdictional Ruling on Forex Cartel Litigation
• AEON Launches Agentic Checkout and Virtual AI Card Built on Visa and Mastercard Rails
• AI Agent Payment Protocols Process $24.2M as Merchant Specifications Benchmark
• Central Bank of Nigeria Mops Up N2.9T in Liquidity Squeeze as Commercial Lending Rates Top 35%
• Afreximbank and PAPSS Pilot CANEX Creative Industry Royalty Settlement in Lagos
• Oneremit Crosses $200 Million Outbound Commercial Volume via Partner Rails

Chapters:
00:00 Intro
01:19 Mastercard and Flowcart Roll Out WhatsApp Native Chat-to-Pay Across East Africa
02:08 BEAC Launches SYSTAC 2 ISO 20022 Clearing House and CEMAC Regional QR Code
02:56 EFT Corporation Integrates Scan to Pay QR into Samsung Wallet in South Africa
03:34 CONCRYT Embeds Agentic AI Operations to Dynamic Gateway Traffic Routing
04:12 Bank of Tanzania Endorses Creditinfo Domestic Fraud Verification Network
04:50 South Africa Apex Court Delivers Jurisdictional Ruling on Forex Cartel Litigati…
05:32 AEON Launches Agentic Checkout and Virtual AI Card Built on Visa and Mastercard…
06:12 AI Agent Payment Protocols Process $24.2M as Merchant Specifications Benchmark
06:53 Central Bank of Nigeria Mops Up N2.9T in Liquidity Squeeze as Commercial Lendin…
07:34 Afreximbank and PAPSS Pilot CANEX Creative Industry Royalty Settlement in Lagos
08:13 Oneremit Crosses $200 Million Outbound Commercial Volume via Partner Rails
08:55 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-08/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Nigerian Tier-1 banks are reopening international dollar card spending limits up to $40,000 following a stabilization in Central Bank FX reserves. Elsewhere on the continent, Central Africa is unifying six national clearing houses into a single ISO 20022 regional switch, and agentic AI models are stepping in to handle live payment gateway routing.</p><h3>In this episode</h3><ul><li><strong>Nigerian Commercial Banks Expand Dollar Card Spending Limits Up to $40,000</strong> — Following the $54.08 billion external reserve milestone we noted this weekend, major Nigerian commercial lenders…</li><li><strong>Mastercard and Flowcart Roll Out WhatsApp Native Chat-to-Pay Across East Africa</strong> — Mastercard partnered with ecommerce orchestration platform Flowcart on Monday, September 7, to launch embedded card…</li><li><strong>BEAC Launches SYSTAC 2 ISO 20022 Clearing House and CEMAC Regional QR Code</strong> — The Bank of Central African States (BEAC) and software vendor ProgressSoft completed a region-wide migration on Monday…</li><li><strong>EFT Corporation Integrates Scan to Pay QR into Samsung Wallet in South Africa</strong> — EFT Corporation announced a strategic partnership with Samsung on Monday, September 7, integrating its Scan to Pay QR…</li><li><strong>CONCRYT Embeds Agentic AI Operations to Dynamic Gateway Traffic Routing</strong> — Global payments firm CONCRYT announced on Monday, September 7, that it has integrated agentic AI into its core…</li><li><strong>Bank of Tanzania Endorses Creditinfo Domestic Fraud Verification Network</strong> — The Bank of Tanzania formally backed Creditinfo's locally hosted fraud detection and KYC platform on Monday, September…</li><li><strong>South Africa Apex Court Delivers Jurisdictional Ruling on Forex Cartel Litigation</strong> — The South African Constitutional Court delivered a judgment on Tuesday, September 8, regarding the Competition…</li><li><strong>AEON Launches Agentic Checkout and Virtual AI Card Built on Visa and Mastercard Rails</strong> — Payment infrastructure firm AEON launched Agentic Checkout and the AEON AI Card on Monday, September 7.</li><li><strong>AI Agent Payment Protocols Process $24.2M as Merchant Specifications Benchmark</strong> — An industry technical report published on Monday, September 7, benchmarked merchant adoption across AI payment…</li><li><strong>Central Bank of Nigeria Mops Up N2.9T in Liquidity Squeeze as Commercial Lending Rates Top 35%</strong> — Following the N4.65 trillion bank recapitalisation exercise we tracked earlier this week, data published on Monday…</li><li><strong>Afreximbank and PAPSS Pilot CANEX Creative Industry Royalty Settlement in Lagos</strong> — Building on the 1,000% volume surge and seven-second settlement execution we covered yesterday, Afreximbank and the…</li><li><strong>Oneremit Crosses $200 Million Outbound Commercial Volume via Partner Rails</strong> — Cross-border fintech Oneremit announced on Friday, September 4, that it has processed over $200 million in outbound…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:19 Mastercard and Flowcart Roll Out WhatsApp Native Chat-to-Pay Across East Africa<br/>02:08 BEAC Launches SYSTAC 2 ISO 20022 Clearing House and CEMAC Regional QR Code<br/>02:56 EFT Corporation Integrates Scan to Pay QR into Samsung Wallet in South Africa<br/>03:34 CONCRYT Embeds Agentic AI Operations to Dynamic Gateway Traffic Routing<br/>04:12 Bank of Tanzania Endorses Creditinfo Domestic Fraud Verification Network<br/>04:50 South Africa Apex Court Delivers Jurisdictional Ruling on Forex Cartel Litigati…<br/>05:32 AEON Launches Agentic Checkout and Virtual AI Card Built on Visa and Mastercard…<br/>06:12 AI Agent Payment Protocols Process $24.2M as Merchant Specifications Benchmark<br/>06:53 Central Bank of Nigeria Mops Up N2.9T in Liquidity Squeeze as Commercial Lendin…<br/>07:34 Afreximbank and PAPSS Pilot CANEX Creative Industry Royalty Settlement in Lagos<br/>08:13 Oneremit Crosses $200 Million Outbound Commercial Volume via Partner Rails<br/>08:55 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-08/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-08/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-08.mp3" length="5038173" type="audio/mpeg"/>
      <pubDate>Tue, 08 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Nigerian Tier-1 banks are reopening international dollar card spending limits up to $40,000 following a stabilization in Central Bank FX reserves. Elsewhere on the continent, Central Africa is unifying six national clearing houses into a si</itunes:subtitle>
      <itunes:summary>Nigerian Tier-1 banks are reopening international dollar card spending limits up to $40,000 following a stabilization in Central Bank FX reserves. Elsewhere on the continent, Central Africa is unifying six national clearing houses into a single ISO 20022 regional switch, and agentic AI models are stepping in to handle live payment gateway routing.

In this episode:
• Nigerian Commercial Banks Expand Dollar Card Spending Limits Up to $40,000
• Mastercard and Flowcart Roll Out WhatsApp Native Chat-to-Pay Across East Africa
• BEAC Launches SYSTAC 2 ISO 20022 Clearing House and CEMAC Regional QR Code
• EFT Corporation Integrates Scan to Pay QR into Samsung Wallet in South Africa
• CONCRYT Embeds Agentic AI Operations to Dynamic Gateway Traffic Routing
• Bank of Tanzania Endorses Creditinfo Domestic Fraud Verification Network
• South Africa Apex Court Delivers Jurisdictional Ruling on Forex Cartel Litigation
• AEON Launches Agentic Checkout and Virtual AI Card Built on Visa and Mastercard Rails
• AI Agent Payment Protocols Process $24.2M as Merchant Specifications Benchmark
• Central Bank of Nigeria Mops Up N2.9T in Liquidity Squeeze as Commercial Lending Rates Top 35%
• Afreximbank and PAPSS Pilot CANEX Creative Industry Royalty Settlement in Lagos
• Oneremit Crosses $200 Million Outbound Commercial Volume via Partner Rails

Chapters:
00:00 Intro
01:19 Mastercard and Flowcart Roll Out WhatsApp Native Chat-to-Pay Across East Africa
02:08 BEAC Launches SYSTAC 2 ISO 20022 Clearing House and CEMAC Regional QR Code
02:56 EFT Corporation Integrates Scan to Pay QR into Samsung Wallet in South Africa
03:34 CONCRYT Embeds Agentic AI Operations to Dynamic Gateway Traffic Routing
04:12 Bank of Tanzania Endorses Creditinfo Domestic Fraud Verification Network
04:50 South Africa Apex Court Delivers Jurisdictional Ruling on Forex Cartel Litigati…
05:32 AEON Launches Agentic Checkout and Virtual AI Card Built on Visa and Mastercard…
06:12 AI Agent Payment Protocols Process $24.2M as Merchant Specifications Benchmark
06:53 Central Bank of Nigeria Mops Up N2.9T in Liquidity Squeeze as Commercial Lendin…
07:34 Afreximbank and PAPSS Pilot CANEX Creative Industry Royalty Settlement in Lagos
08:13 Oneremit Crosses $200 Million Outbound Commercial Volume via Partner Rails
08:55 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-08/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>68</itunes:episode>
      <itunes:title>Sep 8: Nigerian Commercial Banks Expand Dollar Card Spending Limits Up to $40,000</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 7: PAPSS Reports 1,000% Volume Surge and Seven-Second Settlement Execution</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-07/</link>
      <description>The execution window for cross-border African trade is collapsing. PAPSS has accelerated its clearing time down to seven seconds, arriving just as regulators across Ghana, Mauritius, and Uganda draft joint standardizations for the stablecoin rails running parallel to traditional banking corridors.

In this episode:
• PAPSS Reports 1,000% Volume Surge and Seven-Second Settlement Execution
• Ghana, Mauritius, and Uganda Coordinate Common Regulatory Standards for Payment Stablecoins
• Nomba Secures $3M Debt Facility to Expand Asian USD Corridors for DRC Trade
• Non-Custodial Architecture Framework Employs API Payment Drafts for Autonomous AI Agents
• India Advances National Protocol for Autonomous Agentic UPI Micro-Transactions
• Nigeria EFCC Deploys Real-Time FRAC Unit to Execute 72-Hour Administrative Freezes
• Bitget Wallet Expands Direct Local Bank Off-Ramps Across 45 Nigerian Banks
• Central Bank Reform Review Outlines N4.65T Capital Injections Across Nigerian Fintech Stack
• PayShap Governance Council Appoints Vuyo Mpako to Lead Expansion into E-Commerce Rails
• Sub-Saharan RMB Clearing Expands via Stanbic Tanzania and Regional CIPS Links
• Kenyan SME Cyber Losses Highlight Urgent Need for Secured Mobile Money API Verification

Chapters:
00:00 Intro
01:20 Ghana, Mauritius, and Uganda Coordinate Common Regulatory Standards for Payment…
02:05 Nomba Secures $3M Debt Facility to Expand Asian USD Corridors for DRC Trade
02:44 Non-Custodial Architecture Framework Employs API Payment Drafts for Autonomous…
03:26 India Advances National Protocol for Autonomous Agentic UPI Micro-Transactions
04:03 Nigeria EFCC Deploys Real-Time FRAC Unit to Execute 72-Hour Administrative Free…
04:42 Bitget Wallet Expands Direct Local Bank Off-Ramps Across 45 Nigerian Banks
05:20 Central Bank Reform Review Outlines N4.65T Capital Injections Across Nigerian F…
05:58 PayShap Governance Council Appoints Vuyo Mpako to Lead Expansion into E-Commerc…
06:32 Sub-Saharan RMB Clearing Expands via Stanbic Tanzania and Regional CIPS Links
07:11 Kenyan SME Cyber Losses Highlight Urgent Need for Secured Mobile Money API Veri…
07:50 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-07/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The execution window for cross-border African trade is collapsing. PAPSS has accelerated its clearing time down to seven seconds, arriving just as regulators across Ghana, Mauritius, and Uganda draft joint standardizations for the stablecoin rails running parallel to traditional banking corridors.</p><h3>In this episode</h3><ul><li><strong>PAPSS Reports 1,000% Volume Surge and Seven-Second Settlement Execution</strong> — Following CEO Mike Ogbalu's remarks this weekend on surging religious remittance volumes, Pan-African Payment and…</li><li><strong>Ghana, Mauritius, and Uganda Coordinate Common Regulatory Standards for Payment Stablecoins</strong> — Building on Ghana's recent launch of its statutory Virtual Assets Coordinating Committee, financial regulators in…</li><li><strong>Nomba Secures $3M Debt Facility to Expand Asian USD Corridors for DRC Trade</strong> — B2B payment platform Nomba secured a $3 million debt facility through CardinalStone Finance Company Limited on Monday…</li><li><strong>Non-Custodial Architecture Framework Employs API Payment Drafts for Autonomous AI Agents</strong> — Following this weekend's open-source release of the REVA payment recovery architecture, a new non-custodial blueprint…</li><li><strong>India Advances National Protocol for Autonomous Agentic UPI Micro-Transactions</strong> — Financial authorities in India announced on Sunday, September 6, that they are drafting a Unified Agent Protocol to…</li><li><strong>Nigeria EFCC Deploys Real-Time FRAC Unit to Execute 72-Hour Administrative Freezes</strong> — Earlier this week we covered the EFCC authorizing its Fraud Risk Assessment and Control (FRAC) department to execute…</li><li><strong>Bitget Wallet Expands Direct Local Bank Off-Ramps Across 45 Nigerian Banks</strong> — Self-custodial platform Bitget Wallet announced an operational update on Sunday, September 6, expanding its direct…</li><li><strong>Central Bank Reform Review Outlines N4.65T Capital Injections Across Nigerian Fintech Stack</strong> — A structural review of Central Bank of Nigeria (CBN) reforms published on Monday, September 7, detailed key financial…</li><li><strong>PayShap Governance Council Appoints Vuyo Mpako to Lead Expansion into E-Commerce Rails</strong> — Following last week's restructuring that formally transferred PayShap's operational clearing to PayInc, the scheme's…</li><li><strong>Sub-Saharan RMB Clearing Expands via Stanbic Tanzania and Regional CIPS Links</strong> — Expanding on the direct CIPS renminbi clearing rails we tracked Standard Bank deploying in Kenya and Ghana last month…</li><li><strong>Kenyan SME Cyber Losses Highlight Urgent Need for Secured Mobile Money API Verification</strong> — A cybersecurity report published on Monday, September 7, by Savannah Software Solutions indicates that cyber incidents…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:20 Ghana, Mauritius, and Uganda Coordinate Common Regulatory Standards for Payment…<br/>02:05 Nomba Secures $3M Debt Facility to Expand Asian USD Corridors for DRC Trade<br/>02:44 Non-Custodial Architecture Framework Employs API Payment Drafts for Autonomous…<br/>03:26 India Advances National Protocol for Autonomous Agentic UPI Micro-Transactions<br/>04:03 Nigeria EFCC Deploys Real-Time FRAC Unit to Execute 72-Hour Administrative Free…<br/>04:42 Bitget Wallet Expands Direct Local Bank Off-Ramps Across 45 Nigerian Banks<br/>05:20 Central Bank Reform Review Outlines N4.65T Capital Injections Across Nigerian F…<br/>05:58 PayShap Governance Council Appoints Vuyo Mpako to Lead Expansion into E-Commerc…<br/>06:32 Sub-Saharan RMB Clearing Expands via Stanbic Tanzania and Regional CIPS Links<br/>07:11 Kenyan SME Cyber Losses Highlight Urgent Need for Secured Mobile Money API Veri…<br/>07:50 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-07/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-07/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-07.mp3" length="4481788" type="audio/mpeg"/>
      <pubDate>Mon, 07 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The execution window for cross-border African trade is collapsing. PAPSS has accelerated its clearing time down to seven seconds, arriving just as regulators across Ghana, Mauritius, and Uganda draft joint standardizations for the stablecoi</itunes:subtitle>
      <itunes:summary>The execution window for cross-border African trade is collapsing. PAPSS has accelerated its clearing time down to seven seconds, arriving just as regulators across Ghana, Mauritius, and Uganda draft joint standardizations for the stablecoin rails running parallel to traditional banking corridors.

In this episode:
• PAPSS Reports 1,000% Volume Surge and Seven-Second Settlement Execution
• Ghana, Mauritius, and Uganda Coordinate Common Regulatory Standards for Payment Stablecoins
• Nomba Secures $3M Debt Facility to Expand Asian USD Corridors for DRC Trade
• Non-Custodial Architecture Framework Employs API Payment Drafts for Autonomous AI Agents
• India Advances National Protocol for Autonomous Agentic UPI Micro-Transactions
• Nigeria EFCC Deploys Real-Time FRAC Unit to Execute 72-Hour Administrative Freezes
• Bitget Wallet Expands Direct Local Bank Off-Ramps Across 45 Nigerian Banks
• Central Bank Reform Review Outlines N4.65T Capital Injections Across Nigerian Fintech Stack
• PayShap Governance Council Appoints Vuyo Mpako to Lead Expansion into E-Commerce Rails
• Sub-Saharan RMB Clearing Expands via Stanbic Tanzania and Regional CIPS Links
• Kenyan SME Cyber Losses Highlight Urgent Need for Secured Mobile Money API Verification

Chapters:
00:00 Intro
01:20 Ghana, Mauritius, and Uganda Coordinate Common Regulatory Standards for Payment…
02:05 Nomba Secures $3M Debt Facility to Expand Asian USD Corridors for DRC Trade
02:44 Non-Custodial Architecture Framework Employs API Payment Drafts for Autonomous…
03:26 India Advances National Protocol for Autonomous Agentic UPI Micro-Transactions
04:03 Nigeria EFCC Deploys Real-Time FRAC Unit to Execute 72-Hour Administrative Free…
04:42 Bitget Wallet Expands Direct Local Bank Off-Ramps Across 45 Nigerian Banks
05:20 Central Bank Reform Review Outlines N4.65T Capital Injections Across Nigerian F…
05:58 PayShap Governance Council Appoints Vuyo Mpako to Lead Expansion into E-Commerc…
06:32 Sub-Saharan RMB Clearing Expands via Stanbic Tanzania and Regional CIPS Links
07:11 Kenyan SME Cyber Losses Highlight Urgent Need for Secured Mobile Money API Veri…
07:50 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-07/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>67</itunes:episode>
      <itunes:title>Sep 7: PAPSS Reports 1,000% Volume Surge and Seven-Second Settlement Execution</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 6: Kotani Pay and DCSPay Partner to Route Stablecoin Settlements into Six African Markets</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-06/</link>
      <description>Sub-Saharan central banks are tearing down legacy payment moats just as telcos prepare to bid for direct commercial banking licenses. Elsewhere on the settlement layer, cross-border stablecoin middleware is quietly formalizing the payout corridors that traditional fiat off-ramps struggle to service.

In this episode:
• Kotani Pay and DCSPay Partner to Route Stablecoin Settlements into Six African Markets
• MTN Group Explores Direct Banking Licenses to Expand MoMo B2B Credit Operations
• PAPSS CEO Cites Surging Religious Remittances and Explores Native Stablecoin Settlement Rails
• Nigeria Gross External Reserves Exceed $54 Billion as Weekly FX Turnover Drops 33 Percent
• South Africa Transfers PASA Operations to Reserve Bank Ahead of Activity-Based Payment Bill
• Developer Demonstrates Deterministic Architecture for AI Payment Recovery Agents
• Raiz Finance Establishes Physical Payment Hub at Lagos ASPMDA Trade Complex
• Mozambique Police Intercept Transnational POS Terminal and Foreign Card Fraud Syndicate
• Kenya Links IFMIS Procurement System to eTIMS for Automated Tax Validation
• Stripe Rolls Out Dynamic Machine-Learning Layer in Adaptive Checkout Suite
• FairMoney Reaches 30 Million Users as Scaled Nigerian Fintechs Expand Ecosystems
• Zambia Phases Out Paper Cheques to Accelerate Digital Payment Migration Under NFIS II

Chapters:
00:00 Intro
00:59 MTN Group Explores Direct Banking Licenses to Expand MoMo B2B Credit Operations
01:49 PAPSS CEO Cites Surging Religious Remittances and Explores Native Stablecoin Se…
02:36 Nigeria Gross External Reserves Exceed $54 Billion as Weekly FX Turnover Drops…
03:26 South Africa Transfers PASA Operations to Reserve Bank Ahead of Activity-Based…
04:16 Developer Demonstrates Deterministic Architecture for AI Payment Recovery Agents
05:06 Raiz Finance Establishes Physical Payment Hub at Lagos ASPMDA Trade Complex
05:48 Mozambique Police Intercept Transnational POS Terminal and Foreign Card Fraud S…
06:28 Kenya Links IFMIS Procurement System to eTIMS for Automated Tax Validation
07:11 Stripe Rolls Out Dynamic Machine-Learning Layer in Adaptive Checkout Suite
07:58 FairMoney Reaches 30 Million Users as Scaled Nigerian Fintechs Expand Ecosystems
08:37 Zambia Phases Out Paper Cheques to Accelerate Digital Payment Migration Under N…
09:21 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-06/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Sub-Saharan central banks are tearing down legacy payment moats just as telcos prepare to bid for direct commercial banking licenses. Elsewhere on the settlement layer, cross-border stablecoin middleware is quietly formalizing the payout corridors that traditional fiat off-ramps struggle to service.</p><h3>In this episode</h3><ul><li><strong>Kotani Pay and DCSPay Partner to Route Stablecoin Settlements into Six African Markets</strong> — Kotani Pay announced a partnership with DCSPay on Sunday, September 6, combining DCSPay's wallet, checkout, and…</li><li><strong>MTN Group Explores Direct Banking Licenses to Expand MoMo B2B Credit Operations</strong> — MTN Group confirmed on Saturday, September 5, that it is evaluating banking license applications across key African…</li><li><strong>PAPSS CEO Cites Surging Religious Remittances and Explores Native Stablecoin Settlement Rails</strong> — Yesterday we covered the Pan-African Payment and Settlement System's (PAPSS) phase two strategy targeting expansion to…</li><li><strong>Nigeria Gross External Reserves Exceed $54 Billion as Weekly FX Turnover Drops 33 Percent</strong> — Following the $53.1 billion 18-year high we tracked in late August, Central Bank of Nigeria figures published Saturday…</li><li><strong>South Africa Transfers PASA Operations to Reserve Bank Ahead of Activity-Based Payment Bill</strong> — Building on the September 2 operational split of South Africa's national payment system management between SARB and…</li><li><strong>Developer Demonstrates Deterministic Architecture for AI Payment Recovery Agents</strong> — An engineering implementation published Saturday, September 5, introduced REVA (Razorpay Revenue Recovery Agent), an…</li><li><strong>Raiz Finance Establishes Physical Payment Hub at Lagos ASPMDA Trade Complex</strong> — Cross-border trade infrastructure provider Raiz Finance opened a physical branch inside the Auto Spare Parts and…</li><li><strong>Mozambique Police Intercept Transnational POS Terminal and Foreign Card Fraud Syndicate</strong> — Mozambique's National Criminal Investigation Service (SERNIC) arrested two foreign nationals in Chimoio on Saturday…</li><li><strong>Kenya Links IFMIS Procurement System to eTIMS for Automated Tax Validation</strong> — The Kenya Revenue Authority and National Treasury completed an automated integration between the eTIMS electronic…</li><li><strong>Stripe Rolls Out Dynamic Machine-Learning Layer in Adaptive Checkout Suite</strong> — Details published Friday, September 4, outline Stripe's production rollout of Adaptive Checkout, a machine-learning…</li><li><strong>FairMoney Reaches 30 Million Users as Scaled Nigerian Fintechs Expand Ecosystems</strong> — Fintech provider FairMoney announced on Saturday, September 5, that its user base in Nigeria has reached 30 million…</li><li><strong>Zambia Phases Out Paper Cheques to Accelerate Digital Payment Migration Under NFIS II</strong> — A financial sector report published Saturday, September 5, highlights that the Bank of Zambia has fully phased out…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:59 MTN Group Explores Direct Banking Licenses to Expand MoMo B2B Credit Operations<br/>01:49 PAPSS CEO Cites Surging Religious Remittances and Explores Native Stablecoin Se…<br/>02:36 Nigeria Gross External Reserves Exceed $54 Billion as Weekly FX Turnover Drops…<br/>03:26 South Africa Transfers PASA Operations to Reserve Bank Ahead of Activity-Based…<br/>04:16 Developer Demonstrates Deterministic Architecture for AI Payment Recovery Agents<br/>05:06 Raiz Finance Establishes Physical Payment Hub at Lagos ASPMDA Trade Complex<br/>05:48 Mozambique Police Intercept Transnational POS Terminal and Foreign Card Fraud S…<br/>06:28 Kenya Links IFMIS Procurement System to eTIMS for Automated Tax Validation<br/>07:11 Stripe Rolls Out Dynamic Machine-Learning Layer in Adaptive Checkout Suite<br/>07:58 FairMoney Reaches 30 Million Users as Scaled Nigerian Fintechs Expand Ecosystems<br/>08:37 Zambia Phases Out Paper Cheques to Accelerate Digital Payment Migration Under N…<br/>09:21 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-06/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-06/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-06.mp3" length="5181398" type="audio/mpeg"/>
      <pubDate>Sun, 06 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Sub-Saharan central banks are tearing down legacy payment moats just as telcos prepare to bid for direct commercial banking licenses. Elsewhere on the settlement layer, cross-border stablecoin middleware is quietly formalizing the payout co</itunes:subtitle>
      <itunes:summary>Sub-Saharan central banks are tearing down legacy payment moats just as telcos prepare to bid for direct commercial banking licenses. Elsewhere on the settlement layer, cross-border stablecoin middleware is quietly formalizing the payout corridors that traditional fiat off-ramps struggle to service.

In this episode:
• Kotani Pay and DCSPay Partner to Route Stablecoin Settlements into Six African Markets
• MTN Group Explores Direct Banking Licenses to Expand MoMo B2B Credit Operations
• PAPSS CEO Cites Surging Religious Remittances and Explores Native Stablecoin Settlement Rails
• Nigeria Gross External Reserves Exceed $54 Billion as Weekly FX Turnover Drops 33 Percent
• South Africa Transfers PASA Operations to Reserve Bank Ahead of Activity-Based Payment Bill
• Developer Demonstrates Deterministic Architecture for AI Payment Recovery Agents
• Raiz Finance Establishes Physical Payment Hub at Lagos ASPMDA Trade Complex
• Mozambique Police Intercept Transnational POS Terminal and Foreign Card Fraud Syndicate
• Kenya Links IFMIS Procurement System to eTIMS for Automated Tax Validation
• Stripe Rolls Out Dynamic Machine-Learning Layer in Adaptive Checkout Suite
• FairMoney Reaches 30 Million Users as Scaled Nigerian Fintechs Expand Ecosystems
• Zambia Phases Out Paper Cheques to Accelerate Digital Payment Migration Under NFIS II

Chapters:
00:00 Intro
00:59 MTN Group Explores Direct Banking Licenses to Expand MoMo B2B Credit Operations
01:49 PAPSS CEO Cites Surging Religious Remittances and Explores Native Stablecoin Se…
02:36 Nigeria Gross External Reserves Exceed $54 Billion as Weekly FX Turnover Drops…
03:26 South Africa Transfers PASA Operations to Reserve Bank Ahead of Activity-Based…
04:16 Developer Demonstrates Deterministic Architecture for AI Payment Recovery Agents
05:06 Raiz Finance Establishes Physical Payment Hub at Lagos ASPMDA Trade Complex
05:48 Mozambique Police Intercept Transnational POS Terminal and Foreign Card Fraud S…
06:28 Kenya Links IFMIS Procurement System to eTIMS for Automated Tax Validation
07:11 Stripe Rolls Out Dynamic Machine-Learning Layer in Adaptive Checkout Suite
07:58 FairMoney Reaches 30 Million Users as Scaled Nigerian Fintechs Expand Ecosystems
08:37 Zambia Phases Out Paper Cheques to Accelerate Digital Payment Migration Under N…
09:21 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-06/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>66</itunes:episode>
      <itunes:title>Sep 6: Kotani Pay and DCSPay Partner to Route Stablecoin Settlements into Six African Markets</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 5: Uber Restores Visa Processing in Kenya After Eight-Month Card Blockade</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-05/</link>
      <description>Today on The Settlement Layer: global card networks and local mobile rails recalibrate in East Africa, while African cross-border liquidity operations face fresh regulatory and fraud headwinds.

In this episode:
• Uber Restores Visa Processing in Kenya After Eight-Month Card Blockade
• Yellow Card Closes $40M Series C and Enters Ghana VASP Sandbox Cohort
• PAPSS Unveils Phase Two Strategy Targeting 38 Countries by Year-End
• Communications Authority of Kenya Proposes Mandatory 6-Month SIM Deactivation Buffer
• Incognia Telemetry Detects 81% Rise in Cross-Border Mule Account Handovers
• Riskified Launches ARIA Conversational AI Engine for Enterprise Merchant Risk Data
• Central Bank of Nigeria Mopping Mops Up N930B in Banking Reserves as T-Bill Rates Moderated
• Meru Rolls Out Multi-Currency Virtual Accounts Across 15 African Markets
• Kenyan Executive Orders Target Foreign Retail Operators Ahead of Local Content Bill
• Kudiwave N750M Account Freeze Case Triggers Police Inquiry into PalmPay Account Ownership
• TransFi Data Highlights On-Chain B2B Last-Mile Payout Bottlenecks
• Kenyan Police Arrest FlexPay Executives Over Alleged KES 31.2M Retail Misappropriation

Chapters:
00:00 Intro
00:59 Yellow Card Closes $40M Series C and Enters Ghana VASP Sandbox Cohort
01:36 PAPSS Unveils Phase Two Strategy Targeting 38 Countries by Year-End
02:12 Communications Authority of Kenya Proposes Mandatory 6-Month SIM Deactivation B…
02:50 Incognia Telemetry Detects 81% Rise in Cross-Border Mule Account Handovers
03:28 Riskified Launches ARIA Conversational AI Engine for Enterprise Merchant Risk D…
04:04 Central Bank of Nigeria Mopping Mops Up N930B in Banking Reserves as T-Bill Rat…
04:37 Meru Rolls Out Multi-Currency Virtual Accounts Across 15 African Markets
05:12 Kenyan Executive Orders Target Foreign Retail Operators Ahead of Local Content…
05:47 Kudiwave N750M Account Freeze Case Triggers Police Inquiry into PalmPay Account…
06:23 TransFi Data Highlights On-Chain B2B Last-Mile Payout Bottlenecks
06:58 Kenyan Police Arrest FlexPay Executives Over Alleged KES 31.2M Retail Misapprop…
07:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-05/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: global card networks and local mobile rails recalibrate in East Africa, while African cross-border liquidity operations face fresh regulatory and fraud headwinds.</p><h3>In this episode</h3><ul><li><strong>Uber Restores Visa Processing in Kenya After Eight-Month Card Blockade</strong> — Uber restored Visa card processing for riders in Kenya on Friday, September 4, ending an eight-month suspension…</li><li><strong>Yellow Card Closes $40M Series C and Enters Ghana VASP Sandbox Cohort</strong> — Following the $40 million Series C raise we tracked in August—which brings its total funding to over $120…</li><li><strong>PAPSS Unveils Phase Two Strategy Targeting 38 Countries by Year-End</strong> — Yesterday we covered ABC Bank integrating with the Pan-African Payment and Settlement System across 28 markets; today…</li><li><strong>Communications Authority of Kenya Proposes Mandatory 6-Month SIM Deactivation Buffer</strong> — The Communications Authority of Kenya published draft regulations on Friday, September 4, requiring mobile network…</li><li><strong>Incognia Telemetry Detects 81% Rise in Cross-Border Mule Account Handovers</strong> — Global risk platform Incognia released threat intelligence data on Friday, September 4, showing that 81% of surveyed…</li><li><strong>Riskified Launches ARIA Conversational AI Engine for Enterprise Merchant Risk Data</strong> — Ecommerce fraud platform Riskified launched ARIA (AI Risk Intelligence Analyst) on Friday, September 4, embedding a…</li><li><strong>Central Bank of Nigeria Mopping Mops Up N930B in Banking Reserves as T-Bill Rates Moderated</strong> — Data released by the Central Bank of Nigeria on Friday, September 4, indicates banking system liquidity contracted by…</li><li><strong>Meru Rolls Out Multi-Currency Virtual Accounts Across 15 African Markets</strong> — Global payment platform Meru announced an operational expansion on Friday, September 4, extending its financial…</li><li><strong>Kenyan Executive Orders Target Foreign Retail Operators Ahead of Local Content Bill</strong> — Kenyan President William Ruto directed enforcement agencies on Wednesday, September 2, to launch administrative actions…</li><li><strong>Kudiwave N750M Account Freeze Case Triggers Police Inquiry into PalmPay Account Ownership</strong> — Nigerian fintech entity Kudiwave Technologies is undergoing investigation by law enforcement authorities regarding the…</li><li><strong>TransFi Data Highlights On-Chain B2B Last-Mile Payout Bottlenecks</strong> — In operational commentary published on Friday, September 4, TransFi Chief Executive Officer Raj Kamal detailed that…</li><li><strong>Kenyan Police Arrest FlexPay Executives Over Alleged KES 31.2M Retail Misappropriation</strong> — Kenyan law enforcement officers arrested two executive directors of Flexitech Group Limited, operator of digital lay-by…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:59 Yellow Card Closes $40M Series C and Enters Ghana VASP Sandbox Cohort<br/>01:36 PAPSS Unveils Phase Two Strategy Targeting 38 Countries by Year-End<br/>02:12 Communications Authority of Kenya Proposes Mandatory 6-Month SIM Deactivation B…<br/>02:50 Incognia Telemetry Detects 81% Rise in Cross-Border Mule Account Handovers<br/>03:28 Riskified Launches ARIA Conversational AI Engine for Enterprise Merchant Risk D…<br/>04:04 Central Bank of Nigeria Mopping Mops Up N930B in Banking Reserves as T-Bill Rat…<br/>04:37 Meru Rolls Out Multi-Currency Virtual Accounts Across 15 African Markets<br/>05:12 Kenyan Executive Orders Target Foreign Retail Operators Ahead of Local Content…<br/>05:47 Kudiwave N750M Account Freeze Case Triggers Police Inquiry into PalmPay Account…<br/>06:23 TransFi Data Highlights On-Chain B2B Last-Mile Payout Bottlenecks<br/>06:58 Kenyan Police Arrest FlexPay Executives Over Alleged KES 31.2M Retail Misapprop…<br/>07:31 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-05/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-05/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-05.mp3" length="4249565" type="audio/mpeg"/>
      <pubDate>Sat, 05 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: global card networks and local mobile rails recalibrate in East Africa, while African cross-border liquidity operations face fresh regulatory and fraud headwinds.</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: global card networks and local mobile rails recalibrate in East Africa, while African cross-border liquidity operations face fresh regulatory and fraud headwinds.

In this episode:
• Uber Restores Visa Processing in Kenya After Eight-Month Card Blockade
• Yellow Card Closes $40M Series C and Enters Ghana VASP Sandbox Cohort
• PAPSS Unveils Phase Two Strategy Targeting 38 Countries by Year-End
• Communications Authority of Kenya Proposes Mandatory 6-Month SIM Deactivation Buffer
• Incognia Telemetry Detects 81% Rise in Cross-Border Mule Account Handovers
• Riskified Launches ARIA Conversational AI Engine for Enterprise Merchant Risk Data
• Central Bank of Nigeria Mopping Mops Up N930B in Banking Reserves as T-Bill Rates Moderated
• Meru Rolls Out Multi-Currency Virtual Accounts Across 15 African Markets
• Kenyan Executive Orders Target Foreign Retail Operators Ahead of Local Content Bill
• Kudiwave N750M Account Freeze Case Triggers Police Inquiry into PalmPay Account Ownership
• TransFi Data Highlights On-Chain B2B Last-Mile Payout Bottlenecks
• Kenyan Police Arrest FlexPay Executives Over Alleged KES 31.2M Retail Misappropriation

Chapters:
00:00 Intro
00:59 Yellow Card Closes $40M Series C and Enters Ghana VASP Sandbox Cohort
01:36 PAPSS Unveils Phase Two Strategy Targeting 38 Countries by Year-End
02:12 Communications Authority of Kenya Proposes Mandatory 6-Month SIM Deactivation B…
02:50 Incognia Telemetry Detects 81% Rise in Cross-Border Mule Account Handovers
03:28 Riskified Launches ARIA Conversational AI Engine for Enterprise Merchant Risk D…
04:04 Central Bank of Nigeria Mopping Mops Up N930B in Banking Reserves as T-Bill Rat…
04:37 Meru Rolls Out Multi-Currency Virtual Accounts Across 15 African Markets
05:12 Kenyan Executive Orders Target Foreign Retail Operators Ahead of Local Content…
05:47 Kudiwave N750M Account Freeze Case Triggers Police Inquiry into PalmPay Account…
06:23 TransFi Data Highlights On-Chain B2B Last-Mile Payout Bottlenecks
06:58 Kenyan Police Arrest FlexPay Executives Over Alleged KES 31.2M Retail Misapprop…
07:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-05/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>65</itunes:episode>
      <itunes:title>Sep 5: Uber Restores Visa Processing in Kenya After Eight-Month Card Blockade</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 4: Nomba Secures $3M Debt Facility to Expand Central Africa and Asia Trade Corridors</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-04/</link>
      <description>African B2B liquidity is actively routing around traditional western banking chokepoints. New non-dilutive debt facilities are funding direct USD pools for imports between Central Africa and Asia, and global software merchants are rolling out bank-backed account-to-account subscription rails to bypass card networks in South Africa.

In this episode:
• Nomba Secures $3M Debt Facility to Expand Central Africa and Asia Trade Corridors
• Canva and EBANX Roll Out Capitec Pay Account-to-Account Subscriptions in South Africa
• ABC Bank Integrates PAPSS for Instant Cross-Border Clearing Across 28 Markets
• Anthropic and Retail Partners Release Open-Source Commerce Agent Toolkit
• Super Money SA Requests Rand Stablecoin Distinction in South African FX Framework
• Nigerian SEC Proposes N5B Capital Floor and 30% Local Ownership for FX Platforms
• Nigeria Single Window Processes N12B as Phase 2 Mandates November Export Integration
• Ghana Cyber Security Authority Reports 54% Spike in Payment Provider Fraud
• Ghana Outlines 5-Agency Oversight Board Ahead of 2027 VASP Act Implementation
• Tether USDT0 Launches on Stellar to Expand Omnichain Dollar Settlement
• Kenya Government Cuts Cargo Rail Charges and Consolidated Import Benchmarks
• Absa Bank Mozambique Links M-Pesa Paga Fácil Direct to Commercial Bank Accounts

Chapters:
00:00 Intro
01:14 Canva and EBANX Roll Out Capitec Pay Account-to-Account Subscriptions in South…
02:06 ABC Bank Integrates PAPSS for Instant Cross-Border Clearing Across 28 Markets
02:55 Anthropic and Retail Partners Release Open-Source Commerce Agent Toolkit
03:48 Super Money SA Requests Rand Stablecoin Distinction in South African FX Framewo…
04:46 Nigerian SEC Proposes N5B Capital Floor and 30% Local Ownership for FX Platforms
05:40 Nigeria Single Window Processes N12B as Phase 2 Mandates November Export Integr…
06:32 Ghana Cyber Security Authority Reports 54% Spike in Payment Provider Fraud
07:24 Ghana Outlines 5-Agency Oversight Board Ahead of 2027 VASP Act Implementation
08:15 Tether USDT0 Launches on Stellar to Expand Omnichain Dollar Settlement
09:07 Kenya Government Cuts Cargo Rail Charges and Consolidated Import Benchmarks
09:56 Absa Bank Mozambique Links M-Pesa Paga Fácil Direct to Commercial Bank Accounts
10:43 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-04/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>African B2B liquidity is actively routing around traditional western banking chokepoints. New non-dilutive debt facilities are funding direct USD pools for imports between Central Africa and Asia, and global software merchants are rolling out bank-backed account-to-account subscription rails to bypass card networks in South Africa.</p><h3>In this episode</h3><ul><li><strong>Nomba Secures $3M Debt Facility to Expand Central Africa and Asia Trade Corridors</strong> — Nigerian B2B payments fintech Nomba secured a $3 million debt facility from CardinalStone Finance Company on Thursday…</li><li><strong>Canva and EBANX Roll Out Capitec Pay Account-to-Account Subscriptions in South Africa</strong> — Yesterday we covered EBANX and Canva rolling out Capitec Pay's account-to-account recurring subscription billing in…</li><li><strong>ABC Bank Integrates PAPSS for Instant Cross-Border Clearing Across 28 Markets</strong> — African Banking Corporation Limited (ABC Bank) went live on the Pan-African Payment and Settlement System (PAPSS) on…</li><li><strong>Anthropic and Retail Partners Release Open-Source Commerce Agent Toolkit</strong> — Anthropic released the open-source Claude Commerce Agents blueprint under Apache 2.0 on Wednesday, September 2.</li><li><strong>Super Money SA Requests Rand Stablecoin Distinction in South African FX Framework</strong> — Adding to the ongoing industry pushback against South Africa's draft Crypto Assets Manual, Super Money SA, issuer of…</li><li><strong>Nigerian SEC Proposes N5B Capital Floor and 30% Local Ownership for FX Platforms</strong> — Nigeria's Securities and Exchange Commission published draft rules on Tuesday, September 1, establishing minimum…</li><li><strong>Nigeria Single Window Processes N12B as Phase 2 Mandates November Export Integration</strong> — Nigeria's Federal Government announced on Thursday, September 3, that Phase 1 of the National Single Window portal…</li><li><strong>Ghana Cyber Security Authority Reports 54% Spike in Payment Provider Fraud</strong> — The Cyber Security Authority of Ghana disclosed on Thursday, September 3, that electronic fraud within the payment…</li><li><strong>Ghana Outlines 5-Agency Oversight Board Ahead of 2027 VASP Act Implementation</strong> — Following up on the August launch of Ghana's Virtual Assets Coordinating Committee, Bank of Ghana Governor Johnson…</li><li><strong>Tether USDT0 Launches on Stellar to Expand Omnichain Dollar Settlement</strong> — Tether's USDT0 launched on the Stellar network on Wednesday, September 2, utilizing LayerZero's Omnichain Fungible…</li><li><strong>Kenya Government Cuts Cargo Rail Charges and Consolidated Import Benchmarks</strong> — President William Ruto instructed the Kenya Revenue Authority on Wednesday, September 2, to lower the customs benchmark…</li><li><strong>Absa Bank Mozambique Links M-Pesa Paga Fácil Direct to Commercial Bank Accounts</strong> — Absa Bank Mozambique and Vodacom's M-Pesa signed a memorandum of understanding on Wednesday, September 2, at FACIM 2026…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:14 Canva and EBANX Roll Out Capitec Pay Account-to-Account Subscriptions in South…<br/>02:06 ABC Bank Integrates PAPSS for Instant Cross-Border Clearing Across 28 Markets<br/>02:55 Anthropic and Retail Partners Release Open-Source Commerce Agent Toolkit<br/>03:48 Super Money SA Requests Rand Stablecoin Distinction in South African FX Framewo…<br/>04:46 Nigerian SEC Proposes N5B Capital Floor and 30% Local Ownership for FX Platforms<br/>05:40 Nigeria Single Window Processes N12B as Phase 2 Mandates November Export Integr…<br/>06:32 Ghana Cyber Security Authority Reports 54% Spike in Payment Provider Fraud<br/>07:24 Ghana Outlines 5-Agency Oversight Board Ahead of 2027 VASP Act Implementation<br/>08:15 Tether USDT0 Launches on Stellar to Expand Omnichain Dollar Settlement<br/>09:07 Kenya Government Cuts Cargo Rail Charges and Consolidated Import Benchmarks<br/>09:56 Absa Bank Mozambique Links M-Pesa Paga Fácil Direct to Commercial Bank Accounts<br/>10:43 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-04/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-04/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-04.mp3" length="5826747" type="audio/mpeg"/>
      <pubDate>Fri, 04 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>African B2B liquidity is actively routing around traditional western banking chokepoints. New non-dilutive debt facilities are funding direct USD pools for imports between Central Africa and Asia, and global software merchants are rolling o</itunes:subtitle>
      <itunes:summary>African B2B liquidity is actively routing around traditional western banking chokepoints. New non-dilutive debt facilities are funding direct USD pools for imports between Central Africa and Asia, and global software merchants are rolling out bank-backed account-to-account subscription rails to bypass card networks in South Africa.

In this episode:
• Nomba Secures $3M Debt Facility to Expand Central Africa and Asia Trade Corridors
• Canva and EBANX Roll Out Capitec Pay Account-to-Account Subscriptions in South Africa
• ABC Bank Integrates PAPSS for Instant Cross-Border Clearing Across 28 Markets
• Anthropic and Retail Partners Release Open-Source Commerce Agent Toolkit
• Super Money SA Requests Rand Stablecoin Distinction in South African FX Framework
• Nigerian SEC Proposes N5B Capital Floor and 30% Local Ownership for FX Platforms
• Nigeria Single Window Processes N12B as Phase 2 Mandates November Export Integration
• Ghana Cyber Security Authority Reports 54% Spike in Payment Provider Fraud
• Ghana Outlines 5-Agency Oversight Board Ahead of 2027 VASP Act Implementation
• Tether USDT0 Launches on Stellar to Expand Omnichain Dollar Settlement
• Kenya Government Cuts Cargo Rail Charges and Consolidated Import Benchmarks
• Absa Bank Mozambique Links M-Pesa Paga Fácil Direct to Commercial Bank Accounts

Chapters:
00:00 Intro
01:14 Canva and EBANX Roll Out Capitec Pay Account-to-Account Subscriptions in South…
02:06 ABC Bank Integrates PAPSS for Instant Cross-Border Clearing Across 28 Markets
02:55 Anthropic and Retail Partners Release Open-Source Commerce Agent Toolkit
03:48 Super Money SA Requests Rand Stablecoin Distinction in South African FX Framewo…
04:46 Nigerian SEC Proposes N5B Capital Floor and 30% Local Ownership for FX Platforms
05:40 Nigeria Single Window Processes N12B as Phase 2 Mandates November Export Integr…
06:32 Ghana Cyber Security Authority Reports 54% Spike in Payment Provider Fraud
07:24 Ghana Outlines 5-Agency Oversight Board Ahead of 2027 VASP Act Implementation
08:15 Tether USDT0 Launches on Stellar to Expand Omnichain Dollar Settlement
09:07 Kenya Government Cuts Cargo Rail Charges and Consolidated Import Benchmarks
09:56 Absa Bank Mozambique Links M-Pesa Paga Fácil Direct to Commercial Bank Accounts
10:43 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-04/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>64</itunes:episode>
      <itunes:title>Sep 4: Nomba Secures $3M Debt Facility to Expand Central Africa and Asia Trade Corridors</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 3: SARB and PayInc Formally Split South African National Payment System Management</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-03/</link>
      <description>South Africa's National Payment System has officially fractured into a dual-mandate structure, separating Reserve Bank regulatory oversight from PayInc's operational clearing. We are also tracking new account-to-account recurring billing flows and direct Chinese yuan payout rails designed to sidestep traditional card networks.

In this episode:
• SARB and PayInc Formally Split South African National Payment System Management
• Canva and EBANX Roll Out Capitec Pay Direct Subscription Billing in South Africa
• Grey Ships Direct Chinese Yuan Payout Service for African Import Merchants
• Visa Integrates Featurespace AI into A2A Protect to Intercept Real-Time Transfer Fraud
• SARB Governor Details Activity-Based Licensing Under Draft National Payment System Bill
• Ghana Launches Mojaloop-Based Inclusive Instant Payment Switch for Non-Bank Lenders
• Standard Bank Joins 21-Bank International Consortium to Issue Global Dollar Stablecoin
• Razorpay Ships Conversational WhatsApp AI Agent 'RAY' for Merchant Operations
• Equity Bank and Safaricom Expand Hakikisha Name Verification to M-Pesa Merchant Tills
• Bank of Ghana Enforces GHS 2 Million Capital Floor for Digital Credit Providers
• Shoprite Takes 51% Stake in R&amp;A Cellular to Capture Township Merchant Terminal Volume

Chapters:
00:00 Intro
01:39 Canva and EBANX Roll Out Capitec Pay Direct Subscription Billing in South Africa
02:35 Grey Ships Direct Chinese Yuan Payout Service for African Import Merchants
03:24 Visa Integrates Featurespace AI into A2A Protect to Intercept Real-Time Transfe…
04:12 SARB Governor Details Activity-Based Licensing Under Draft National Payment Sys…
05:02 Ghana Launches Mojaloop-Based Inclusive Instant Payment Switch for Non-Bank Len…
05:46 Standard Bank Joins 21-Bank International Consortium to Issue Global Dollar Sta…
06:34 Razorpay Ships Conversational WhatsApp AI Agent 'RAY' for Merchant Operations
07:18 Equity Bank and Safaricom Expand Hakikisha Name Verification to M-Pesa Merchant…
08:02 Bank of Ghana Enforces GHS 2 Million Capital Floor for Digital Credit Providers
08:44 Shoprite Takes 51% Stake in R&amp;A Cellular to Capture Township Merchant Terminal…
09:27 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-03/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>South Africa's National Payment System has officially fractured into a dual-mandate structure, separating Reserve Bank regulatory oversight from PayInc's operational clearing. We are also tracking new account-to-account recurring billing flows and direct Chinese yuan payout rails designed to sidestep traditional card networks.</p><h3>In this episode</h3><ul><li><strong>SARB and PayInc Formally Split South African National Payment System Management</strong> — Following up on the South African Reserve Bank's 50% stake acquisition in PayInc that we tracked on Monday, SARB…</li><li><strong>Canva and EBANX Roll Out Capitec Pay Direct Subscription Billing in South Africa</strong> — EBANX integrated Capitec Pay into its cross-border processing engine on Wednesday, September 2, launching…</li><li><strong>Grey Ships Direct Chinese Yuan Payout Service for African Import Merchants</strong> — Yesterday we covered cross-border fintech Grey's launch of a direct Chinese yuan (CNY) bank payout corridor; today's…</li><li><strong>Visa Integrates Featurespace AI into A2A Protect to Intercept Real-Time Transfer Fraud</strong> — Visa unveiled an upgraded version of its A2A Protect risk solution on Wednesday, September 2, embedding Featurespace…</li><li><strong>SARB Governor Details Activity-Based Licensing Under Draft National Payment System Bill</strong> — Yesterday we covered Governor Lesetja Kganyago's announcement of the upcoming National Payment System Bill's shift to…</li><li><strong>Ghana Launches Mojaloop-Based Inclusive Instant Payment Switch for Non-Bank Lenders</strong> — On Wednesday, September 2, Ghanaian financial sector associations launched the Ghana Inclusive Instant Payment System…</li><li><strong>Standard Bank Joins 21-Bank International Consortium to Issue Global Dollar Stablecoin</strong> — Standard Bank announced on Wednesday, September 2, that it has joined a 21-member global bank consortium planning to…</li><li><strong>Razorpay Ships Conversational WhatsApp AI Agent 'RAY' for Merchant Operations</strong> — Building on Razorpay's deployment of its Vulcan AI foundation model for merchant operations that we've been tracking…</li><li><strong>Equity Bank and Safaricom Expand Hakikisha Name Verification to M-Pesa Merchant Tills</strong> — Equity Bank and Safaricom expanded the Hakikisha real-time name verification protocol to merchant payment channels on…</li><li><strong>Bank of Ghana Enforces GHS 2 Million Capital Floor for Digital Credit Providers</strong> — The Bank of Ghana published new licensing guidelines for Digital Credit Services Providers on Wednesday, September 2…</li><li><strong>Shoprite Takes 51% Stake in R&amp;A Cellular to Capture Township Merchant Terminal Volume</strong> — Retail giant Shoprite Group completed its acquisition of a 51% controlling stake in fintech vendor R&amp;A Cellular…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:39 Canva and EBANX Roll Out Capitec Pay Direct Subscription Billing in South Africa<br/>02:35 Grey Ships Direct Chinese Yuan Payout Service for African Import Merchants<br/>03:24 Visa Integrates Featurespace AI into A2A Protect to Intercept Real-Time Transfe…<br/>04:12 SARB Governor Details Activity-Based Licensing Under Draft National Payment Sys…<br/>05:02 Ghana Launches Mojaloop-Based Inclusive Instant Payment Switch for Non-Bank Len…<br/>05:46 Standard Bank Joins 21-Bank International Consortium to Issue Global Dollar Sta…<br/>06:34 Razorpay Ships Conversational WhatsApp AI Agent 'RAY' for Merchant Operations<br/>07:18 Equity Bank and Safaricom Expand Hakikisha Name Verification to M-Pesa Merchant…<br/>08:02 Bank of Ghana Enforces GHS 2 Million Capital Floor for Digital Credit Providers<br/>08:44 Shoprite Takes 51% Stake in R&amp;A Cellular to Capture Township Merchant Terminal…<br/>09:27 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-03/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-03/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-03.mp3" length="5164675" type="audio/mpeg"/>
      <pubDate>Thu, 03 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>South Africa's National Payment System has officially fractured into a dual-mandate structure, separating Reserve Bank regulatory oversight from PayInc's operational clearing. We are also tracking new account-to-account recurring billing fl</itunes:subtitle>
      <itunes:summary>South Africa's National Payment System has officially fractured into a dual-mandate structure, separating Reserve Bank regulatory oversight from PayInc's operational clearing. We are also tracking new account-to-account recurring billing flows and direct Chinese yuan payout rails designed to sidestep traditional card networks.

In this episode:
• SARB and PayInc Formally Split South African National Payment System Management
• Canva and EBANX Roll Out Capitec Pay Direct Subscription Billing in South Africa
• Grey Ships Direct Chinese Yuan Payout Service for African Import Merchants
• Visa Integrates Featurespace AI into A2A Protect to Intercept Real-Time Transfer Fraud
• SARB Governor Details Activity-Based Licensing Under Draft National Payment System Bill
• Ghana Launches Mojaloop-Based Inclusive Instant Payment Switch for Non-Bank Lenders
• Standard Bank Joins 21-Bank International Consortium to Issue Global Dollar Stablecoin
• Razorpay Ships Conversational WhatsApp AI Agent 'RAY' for Merchant Operations
• Equity Bank and Safaricom Expand Hakikisha Name Verification to M-Pesa Merchant Tills
• Bank of Ghana Enforces GHS 2 Million Capital Floor for Digital Credit Providers
• Shoprite Takes 51% Stake in R&amp;A Cellular to Capture Township Merchant Terminal Volume

Chapters:
00:00 Intro
01:39 Canva and EBANX Roll Out Capitec Pay Direct Subscription Billing in South Africa
02:35 Grey Ships Direct Chinese Yuan Payout Service for African Import Merchants
03:24 Visa Integrates Featurespace AI into A2A Protect to Intercept Real-Time Transfe…
04:12 SARB Governor Details Activity-Based Licensing Under Draft National Payment Sys…
05:02 Ghana Launches Mojaloop-Based Inclusive Instant Payment Switch for Non-Bank Len…
05:46 Standard Bank Joins 21-Bank International Consortium to Issue Global Dollar Sta…
06:34 Razorpay Ships Conversational WhatsApp AI Agent 'RAY' for Merchant Operations
07:18 Equity Bank and Safaricom Expand Hakikisha Name Verification to M-Pesa Merchant…
08:02 Bank of Ghana Enforces GHS 2 Million Capital Floor for Digital Credit Providers
08:44 Shoprite Takes 51% Stake in R&amp;A Cellular to Capture Township Merchant Terminal…
09:27 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-03/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>63</itunes:episode>
      <itunes:title>Sep 3: SARB and PayInc Formally Split South African National Payment System Management</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 2: South Africa Drafts National Payment System Bill to Grant Non-Bank Fintechs Direct Syst…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-02/</link>
      <description>A new $5.1 billion digital trade corridor backed by the AfCFTA Secretariat is bringing PAPSS and stablecoin settlement to multi-currency African trade. We are also tracking the continued regulatory fallout in South Africa and Nigeria as central banks reshape payment market access and concentration limits.

In this episode:
• South Africa Drafts National Payment System Bill to Grant Non-Bank Fintechs Direct System Access
• CBN Caps Secondary Market Share to Limit Market Concentration Across Nigerian Fintech Stacks
• AfCFTA and Quest Ghana Partner on $5.1B Digital Trade Corridor Using PAPSS and Stablecoins
• Checkout.com Releases MCP Server to Connect LLM Tools Directly to Payment API Architecture
• Grey Ships Chinese Yuan Bank Payout Corridor for African Import Merchants
• Paystack Integrates Card Issuer Allawee Following 2025 Acquisition
• Subex Secures $600K Mobile Money Fraud Detection Contract with African Operator
• Innoviti Deploys Unsupervised ML Acquirer Failover Engine to Protect Checkout Conversion
• Nigeria's EFCC Establishes 72-Hour Account Freeze Department for Digital Fraud Interception
• VALR Expands into Kenya to Infrastructure Mobile Money and Stablecoin Rails
• Federal High Court Vacates Post-No-Debit Freeze Orders on Accounts Linked to Flutterwave Glitch
• Google Enforces Mandatory 5% Withholding Tax on Kenyan Digital Disbursements

Chapters:
00:00 Intro
01:28 CBN Caps Secondary Market Share to Limit Market Concentration Across Nigerian F…
02:28 AfCFTA and Quest Ghana Partner on $5.1B Digital Trade Corridor Using PAPSS and…
03:29 Checkout.com Releases MCP Server to Connect LLM Tools Directly to Payment API A…
04:25 Grey Ships Chinese Yuan Bank Payout Corridor for African Import Merchants
05:23 Paystack Integrates Card Issuer Allawee Following 2025 Acquisition
06:20 Subex Secures $600K Mobile Money Fraud Detection Contract with African Operator
07:12 Innoviti Deploys Unsupervised ML Acquirer Failover Engine to Protect Checkout C…
08:08 Nigeria's EFCC Establishes 72-Hour Account Freeze Department for Digital Fraud…
09:05 VALR Expands into Kenya to Infrastructure Mobile Money and Stablecoin Rails
09:55 Federal High Court Vacates Post-No-Debit Freeze Orders on Accounts Linked to Fl…
10:44 Google Enforces Mandatory 5% Withholding Tax on Kenyan Digital Disbursements
11:37 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-02/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>A new $5.1 billion digital trade corridor backed by the AfCFTA Secretariat is bringing PAPSS and stablecoin settlement to multi-currency African trade. We are also tracking the continued regulatory fallout in South Africa and Nigeria as central banks reshape payment market access and concentration limits.</p><h3>In this episode</h3><ul><li><strong>South Africa Drafts National Payment System Bill to Grant Non-Bank Fintechs Direct System Access</strong> — Yesterday we covered the South African Reserve Bank's 50% stake acquisition in PayInc; today, Governor Lesetja Kganyago…</li><li><strong>CBN Caps Secondary Market Share to Limit Market Concentration Across Nigerian Fintech Stacks</strong> — Yesterday we covered the Central Bank of Nigeria's strict market concentration caps issued on Monday, August 31…</li><li><strong>AfCFTA and Quest Ghana Partner on $5.1B Digital Trade Corridor Using PAPSS and Stablecoins</strong> — The AfCFTA Secretariat and Quest Ghana signed a joint venture agreement on Tuesday, September 1, to build a $5.1…</li><li><strong>Checkout.com Releases MCP Server to Connect LLM Tools Directly to Payment API Architecture</strong> — Checkout.com launched its Model Context Protocol (MCP) Server on Tuesday, September 1, linking development tools like…</li><li><strong>Grey Ships Chinese Yuan Bank Payout Corridor for African Import Merchants</strong> — Cross-border fintech Grey launched direct Chinese yuan (CNY) payouts on Tuesday, September 1, enabling merchants to…</li><li><strong>Paystack Integrates Card Issuer Allawee Following 2025 Acquisition</strong> — Following up on Paystack's unannounced 2025 acquisition of Allawee we covered yesterday, the company confirmed the…</li><li><strong>Subex Secures $600K Mobile Money Fraud Detection Contract with African Operator</strong> — Following up on the Subex HyperSense AI deployment we tracked last week, the Indian telecom software provider confirmed…</li><li><strong>Innoviti Deploys Unsupervised ML Acquirer Failover Engine to Protect Checkout Conversion</strong> — Innoviti Technologies launched its UPI Acquirer Backup Platform on Tuesday, September 1, utilizing unsupervised machine…</li><li><strong>Nigeria's EFCC Establishes 72-Hour Account Freeze Department for Digital Fraud Interception</strong> — Yesterday we covered Nigeria's EFCC authorizing its Fraud Risk Assessment and Control Department to execute 72-hour…</li><li><strong>VALR Expands into Kenya to Infrastructure Mobile Money and Stablecoin Rails</strong> — South African digital asset platform VALR announced its operational expansion into Kenya on Tuesday, September 1…</li><li><strong>Federal High Court Vacates Post-No-Debit Freeze Orders on Accounts Linked to Flutterwave Glitch</strong> — An Abuja Federal High Court vacated a Post-No-Debit freezing order on Tuesday, September 1, freeing four bank accounts…</li><li><strong>Google Enforces Mandatory 5% Withholding Tax on Kenyan Digital Disbursements</strong> — On Tuesday, September 1, Google notified Kenya-based digital creators that they must submit a verified Kenya Revenue…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:28 CBN Caps Secondary Market Share to Limit Market Concentration Across Nigerian F…<br/>02:28 AfCFTA and Quest Ghana Partner on $5.1B Digital Trade Corridor Using PAPSS and…<br/>03:29 Checkout.com Releases MCP Server to Connect LLM Tools Directly to Payment API A…<br/>04:25 Grey Ships Chinese Yuan Bank Payout Corridor for African Import Merchants<br/>05:23 Paystack Integrates Card Issuer Allawee Following 2025 Acquisition<br/>06:20 Subex Secures $600K Mobile Money Fraud Detection Contract with African Operator<br/>07:12 Innoviti Deploys Unsupervised ML Acquirer Failover Engine to Protect Checkout C…<br/>08:08 Nigeria's EFCC Establishes 72-Hour Account Freeze Department for Digital Fraud…<br/>09:05 VALR Expands into Kenya to Infrastructure Mobile Money and Stablecoin Rails<br/>09:55 Federal High Court Vacates Post-No-Debit Freeze Orders on Accounts Linked to Fl…<br/>10:44 Google Enforces Mandatory 5% Withholding Tax on Kenyan Digital Disbursements<br/>11:37 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-02/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-02/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-02.mp3" length="6244133" type="audio/mpeg"/>
      <pubDate>Wed, 02 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>A new $5.1 billion digital trade corridor backed by the AfCFTA Secretariat is bringing PAPSS and stablecoin settlement to multi-currency African trade. We are also tracking the continued regulatory fallout in South Africa and Nigeria as cen</itunes:subtitle>
      <itunes:summary>A new $5.1 billion digital trade corridor backed by the AfCFTA Secretariat is bringing PAPSS and stablecoin settlement to multi-currency African trade. We are also tracking the continued regulatory fallout in South Africa and Nigeria as central banks reshape payment market access and concentration limits.

In this episode:
• South Africa Drafts National Payment System Bill to Grant Non-Bank Fintechs Direct System Access
• CBN Caps Secondary Market Share to Limit Market Concentration Across Nigerian Fintech Stacks
• AfCFTA and Quest Ghana Partner on $5.1B Digital Trade Corridor Using PAPSS and Stablecoins
• Checkout.com Releases MCP Server to Connect LLM Tools Directly to Payment API Architecture
• Grey Ships Chinese Yuan Bank Payout Corridor for African Import Merchants
• Paystack Integrates Card Issuer Allawee Following 2025 Acquisition
• Subex Secures $600K Mobile Money Fraud Detection Contract with African Operator
• Innoviti Deploys Unsupervised ML Acquirer Failover Engine to Protect Checkout Conversion
• Nigeria's EFCC Establishes 72-Hour Account Freeze Department for Digital Fraud Interception
• VALR Expands into Kenya to Infrastructure Mobile Money and Stablecoin Rails
• Federal High Court Vacates Post-No-Debit Freeze Orders on Accounts Linked to Flutterwave Glitch
• Google Enforces Mandatory 5% Withholding Tax on Kenyan Digital Disbursements

Chapters:
00:00 Intro
01:28 CBN Caps Secondary Market Share to Limit Market Concentration Across Nigerian F…
02:28 AfCFTA and Quest Ghana Partner on $5.1B Digital Trade Corridor Using PAPSS and…
03:29 Checkout.com Releases MCP Server to Connect LLM Tools Directly to Payment API A…
04:25 Grey Ships Chinese Yuan Bank Payout Corridor for African Import Merchants
05:23 Paystack Integrates Card Issuer Allawee Following 2025 Acquisition
06:20 Subex Secures $600K Mobile Money Fraud Detection Contract with African Operator
07:12 Innoviti Deploys Unsupervised ML Acquirer Failover Engine to Protect Checkout C…
08:08 Nigeria's EFCC Establishes 72-Hour Account Freeze Department for Digital Fraud…
09:05 VALR Expands into Kenya to Infrastructure Mobile Money and Stablecoin Rails
09:55 Federal High Court Vacates Post-No-Debit Freeze Orders on Accounts Linked to Fl…
10:44 Google Enforces Mandatory 5% Withholding Tax on Kenyan Digital Disbursements
11:37 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-02/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>62</itunes:episode>
      <itunes:title>Sep 2: South Africa Drafts National Payment System Bill to Grant Non-Bank Fintechs Direct Syst…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Sep 1: CBN Payment Rules Impose Strict Market Concentration Caps on Moniepoint and OPay</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-01/</link>
      <description>Today on The Settlement Layer: central banks across Sub-Saharan Africa are actively reshaping market concentration rules, while regional instant switches and local card-issuance infrastructure continue to consolidate.

In this episode:
• CBN Payment Rules Impose Strict Market Concentration Caps on Moniepoint and OPay
• Paystack Secretly Acquired Card Issuer Allawee to Build Out Stack Group Holding
• SARB Buys 50% Stake in PayInc to Establish National Payments Utility for Non-Bank Fintechs
• Mastercard and TeamApt Deploy Direct Non-Bank Acquiring Across 40 Million Nigerian MSMEs
• Cloud Costs and CBN Onshore Data Mandate Drive 60% Margin Squeeze for African Fintechs
• East African Community Outlines Unified Instant Payment System and Mutual Provider Recognition
• Nigeria Remittance Inflows Touch Record $947 Million as H1 FX Utilisation Reaches $34.6 Billion
• Kenya Finalizes Dual-Regulator VASP Framework Setting KSh 300M Capital Floor for Stablecoins
• Ghana Gold Board Directs Local Refining to Anchor $1.4 Billion Monthly Spot FX Injections
• EFCC Authorizes 72-Hour Account Freezes and National Crypto Confiscation Wallet
• M-Pesa SMS Notification Suppression Attack Highlights Agent Network Vulnerabilities in Kenya
• Maverick Payments Embeds AI Chargeback Agent for Automated Network Dispute Rebuttals

Chapters:
00:00 Intro
01:27 Paystack Secretly Acquired Card Issuer Allawee to Build Out Stack Group Holding
02:16 SARB Buys 50% Stake in PayInc to Establish National Payments Utility for Non-Ba…
03:11 Mastercard and TeamApt Deploy Direct Non-Bank Acquiring Across 40 Million Niger…
04:02 Cloud Costs and CBN Onshore Data Mandate Drive 60% Margin Squeeze for African F…
04:49 East African Community Outlines Unified Instant Payment System and Mutual Provi…
05:35 Nigeria Remittance Inflows Touch Record $947 Million as H1 FX Utilisation Reach…
06:29 Kenya Finalizes Dual-Regulator VASP Framework Setting KSh 300M Capital Floor fo…
07:24 Ghana Gold Board Directs Local Refining to Anchor $1.4 Billion Monthly Spot FX…
08:11 EFCC Authorizes 72-Hour Account Freezes and National Crypto Confiscation Wallet
09:02 M-Pesa SMS Notification Suppression Attack Highlights Agent Network Vulnerabili…
09:49 Maverick Payments Embeds AI Chargeback Agent for Automated Network Dispute Rebu…
10:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-01/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: central banks across Sub-Saharan Africa are actively reshaping market concentration rules, while regional instant switches and local card-issuance infrastructure continue to consolidate.</p><h3>In this episode</h3><ul><li><strong>CBN Payment Rules Impose Strict Market Concentration Caps on Moniepoint and OPay</strong> — Building on the national license upgrades for OPay and Moniepoint we tracked earlier this month, the Central Bank of…</li><li><strong>Paystack Secretly Acquired Card Issuer Allawee to Build Out Stack Group Holding</strong> — Paystack acquired Nigerian card-issuing startup Allawee in 2025, a transaction kept quiet until shutdown emails were…</li><li><strong>SARB Buys 50% Stake in PayInc to Establish National Payments Utility for Non-Bank Fintechs</strong> — The South African Reserve Bank acquired a 50% stake in PayInc (formerly BankservAfrica) alongside commercial lenders to…</li><li><strong>Mastercard and TeamApt Deploy Direct Non-Bank Acquiring Across 40 Million Nigerian MSMEs</strong> — Mastercard and Moniepoint subsidiary TeamApt expanded their partnership on Monday, August 31, 2026, granting TeamApt…</li><li><strong>Cloud Costs and CBN Onshore Data Mandate Drive 60% Margin Squeeze for African Fintechs</strong> — The push toward local server hosting driven by the Central Bank of Nigeria's January 2027 onshore data mandate—which…</li><li><strong>East African Community Outlines Unified Instant Payment System and Mutual Provider Recognition</strong> — Expanding on the bilateral switch security talks between Rwanda and Tanzania we covered over the weekend, the EAC…</li><li><strong>Nigeria Remittance Inflows Touch Record $947 Million as H1 FX Utilisation Reaches $34.6 Billion</strong> — Yesterday we covered Nigeria's Q1 FX utilization surging to $16.2 billion; today, full H1 2026 data shows that total…</li><li><strong>Kenya Finalizes Dual-Regulator VASP Framework Setting KSh 300M Capital Floor for Stablecoins</strong> — Adding to yesterday's coverage of Kenya removing foreign ownership caps for digital asset firms, the National Treasury…</li><li><strong>Ghana Gold Board Directs Local Refining to Anchor $1.4 Billion Monthly Spot FX Injections</strong> — Ghana's Gold Board announced projections to deliver $1.4 billion in spot foreign exchange inflows for September 2026 on…</li><li><strong>EFCC Authorizes 72-Hour Account Freezes and National Crypto Confiscation Wallet</strong> — Nigeria's Economic and Financial Crimes Commission empowered its Fraud Risk Assessment and Control Department on…</li><li><strong>M-Pesa SMS Notification Suppression Attack Highlights Agent Network Vulnerabilities in Kenya</strong> — An M-Pesa agent in Kapsabet, Kenya, lost KES 243,000 in under five minutes following a physical device interception…</li><li><strong>Maverick Payments Embeds AI Chargeback Agent for Automated Network Dispute Rebuttals</strong> — Maverick Payments integrated Findustry AI's Chargeback Agent directly into its processing platform on Monday, August…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:27 Paystack Secretly Acquired Card Issuer Allawee to Build Out Stack Group Holding<br/>02:16 SARB Buys 50% Stake in PayInc to Establish National Payments Utility for Non-Ba…<br/>03:11 Mastercard and TeamApt Deploy Direct Non-Bank Acquiring Across 40 Million Niger…<br/>04:02 Cloud Costs and CBN Onshore Data Mandate Drive 60% Margin Squeeze for African F…<br/>04:49 East African Community Outlines Unified Instant Payment System and Mutual Provi…<br/>05:35 Nigeria Remittance Inflows Touch Record $947 Million as H1 FX Utilisation Reach…<br/>06:29 Kenya Finalizes Dual-Regulator VASP Framework Setting KSh 300M Capital Floor fo…<br/>07:24 Ghana Gold Board Directs Local Refining to Anchor $1.4 Billion Monthly Spot FX…<br/>08:11 EFCC Authorizes 72-Hour Account Freezes and National Crypto Confiscation Wallet<br/>09:02 M-Pesa SMS Notification Suppression Attack Highlights Agent Network Vulnerabili…<br/>09:49 Maverick Payments Embeds AI Chargeback Agent for Automated Network Dispute Rebu…<br/>10:31 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-01/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-01/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-09-01.mp3" length="5654803" type="audio/mpeg"/>
      <pubDate>Tue, 01 Sep 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: central banks across Sub-Saharan Africa are actively reshaping market concentration rules, while regional instant switches and local card-issuance infrastructure continue to consolidate.</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: central banks across Sub-Saharan Africa are actively reshaping market concentration rules, while regional instant switches and local card-issuance infrastructure continue to consolidate.

In this episode:
• CBN Payment Rules Impose Strict Market Concentration Caps on Moniepoint and OPay
• Paystack Secretly Acquired Card Issuer Allawee to Build Out Stack Group Holding
• SARB Buys 50% Stake in PayInc to Establish National Payments Utility for Non-Bank Fintechs
• Mastercard and TeamApt Deploy Direct Non-Bank Acquiring Across 40 Million Nigerian MSMEs
• Cloud Costs and CBN Onshore Data Mandate Drive 60% Margin Squeeze for African Fintechs
• East African Community Outlines Unified Instant Payment System and Mutual Provider Recognition
• Nigeria Remittance Inflows Touch Record $947 Million as H1 FX Utilisation Reaches $34.6 Billion
• Kenya Finalizes Dual-Regulator VASP Framework Setting KSh 300M Capital Floor for Stablecoins
• Ghana Gold Board Directs Local Refining to Anchor $1.4 Billion Monthly Spot FX Injections
• EFCC Authorizes 72-Hour Account Freezes and National Crypto Confiscation Wallet
• M-Pesa SMS Notification Suppression Attack Highlights Agent Network Vulnerabilities in Kenya
• Maverick Payments Embeds AI Chargeback Agent for Automated Network Dispute Rebuttals

Chapters:
00:00 Intro
01:27 Paystack Secretly Acquired Card Issuer Allawee to Build Out Stack Group Holding
02:16 SARB Buys 50% Stake in PayInc to Establish National Payments Utility for Non-Ba…
03:11 Mastercard and TeamApt Deploy Direct Non-Bank Acquiring Across 40 Million Niger…
04:02 Cloud Costs and CBN Onshore Data Mandate Drive 60% Margin Squeeze for African F…
04:49 East African Community Outlines Unified Instant Payment System and Mutual Provi…
05:35 Nigeria Remittance Inflows Touch Record $947 Million as H1 FX Utilisation Reach…
06:29 Kenya Finalizes Dual-Regulator VASP Framework Setting KSh 300M Capital Floor fo…
07:24 Ghana Gold Board Directs Local Refining to Anchor $1.4 Billion Monthly Spot FX…
08:11 EFCC Authorizes 72-Hour Account Freezes and National Crypto Confiscation Wallet
09:02 M-Pesa SMS Notification Suppression Attack Highlights Agent Network Vulnerabili…
09:49 Maverick Payments Embeds AI Chargeback Agent for Automated Network Dispute Rebu…
10:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-09-01/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>61</itunes:episode>
      <itunes:title>Sep 1: CBN Payment Rules Impose Strict Market Concentration Caps on Moniepoint and OPay</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 31: Nigeria FX Utilization Soars 74% to $16.2 Billion as Gross External Reserves Hit $53.3…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-31/</link>
      <description>We've been tracking Nigeria's multi-month effort to clear its FX backlog—today, new data shows those cleared reserves driving a massive 74% surge in official market liquidity. Further south, Spendin continues its aggressive Francophone rollout with an AI-driven transaction routing upgrade.

In this episode:
• Nigeria FX Utilization Soars 74% to $16.2 Billion as Gross External Reserves Hit $53.3 Billion
• Spendin Expands Payment Rails to Francophone West Africa and Ships AI-Driven App Update
• Kenya Drops 33% Foreign Ownership Cap for Crypto Exchanges and Lowers Licensing Barriers
• Access Bank SME Fraud Incident Triggers Judicial Debit Orders Across 71 Financial Institutions
• Payfast Data Shows South African Digital Wallet Transactions Surging 155%
• MoMo PSB Appoints Former Flutterwave COO Bode Abifarin as Managing Director
• UNCTAD Analysis Pinpoints FX Costs and Customs Friction as Primary Barrier to Pan-African Ecommerce
• Central Bank of Egypt and Eswatini Evaluate PAPSS Integration and Gold Clearing Rails
• Sycamore CEO Outlines Shift from Consumer Credit to Infrastructure Operations in Nigeria
• MTN Group Partners with Gulf Data Hub to Build AI-Ready Data Centers in South Africa and Nigeria

Chapters:
00:00 Intro
01:00 Spendin Expands Payment Rails to Francophone West Africa and Ships AI-Driven Ap…
01:44 Kenya Drops 33% Foreign Ownership Cap for Crypto Exchanges and Lowers Licensing…
02:26 Access Bank SME Fraud Incident Triggers Judicial Debit Orders Across 71 Financi…
03:06 Payfast Data Shows South African Digital Wallet Transactions Surging 155%
03:46 MoMo PSB Appoints Former Flutterwave COO Bode Abifarin as Managing Director
04:27 UNCTAD Analysis Pinpoints FX Costs and Customs Friction as Primary Barrier to P…
05:07 Central Bank of Egypt and Eswatini Evaluate PAPSS Integration and Gold Clearing…
05:47 Sycamore CEO Outlines Shift from Consumer Credit to Infrastructure Operations i…
06:24 MTN Group Partners with Gulf Data Hub to Build AI-Ready Data Centers in South A…
07:02 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-31/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>We've been tracking Nigeria's multi-month effort to clear its FX backlog—today, new data shows those cleared reserves driving a massive 74% surge in official market liquidity. Further south, Spendin continues its aggressive Francophone rollout with an AI-driven transaction routing upgrade.</p><h3>In this episode</h3><ul><li><strong>Nigeria FX Utilization Soars 74% to $16.2 Billion as Gross External Reserves Hit $53.3 Billion</strong> — Building on the complete clearance of $7 billion in FX backlogs and the $53.1 billion reserve milestone we tracked last…</li><li><strong>Spendin Expands Payment Rails to Francophone West Africa and Ships AI-Driven App Update</strong> — Following the Francophone merchant acquiring expansion into Cameroon, Senegal, Benin, and Côte d'Ivoire we tracked…</li><li><strong>Kenya Drops 33% Foreign Ownership Cap for Crypto Exchanges and Lowers Licensing Barriers</strong> — Adding to the finalized stablecoin capital floors we covered over the weekend, Kenya's National Treasury formally…</li><li><strong>Access Bank SME Fraud Incident Triggers Judicial Debit Orders Across 71 Financial Institutions</strong> — A Federal High Court order issued in Lagos in late August 2026 instructed 71 banks and payment institutions to freeze…</li><li><strong>Payfast Data Shows South African Digital Wallet Transactions Surging 155%</strong> — Internal transaction figures published by South African payment gateway Payfast by Network on Monday, August 31, 2026…</li><li><strong>MoMo PSB Appoints Former Flutterwave COO Bode Abifarin as Managing Director</strong> — MTN Nigeria's fintech subsidiary, MoMo Payment Service Bank (MoMo PSB), announced the appointment of former Flutterwave…</li><li><strong>UNCTAD Analysis Pinpoints FX Costs and Customs Friction as Primary Barrier to Pan-African Ecommerce</strong> — An analytical report published by UNCTAD on Thursday, November 26, 2026, highlights that high foreign-exchange…</li><li><strong>Central Bank of Egypt and Eswatini Evaluate PAPSS Integration and Gold Clearing Rails</strong> — Advancing the bilateral financial cooperation we tracked earlier this month, Central Bank of Egypt Governor Hassan…</li><li><strong>Sycamore CEO Outlines Shift from Consumer Credit to Infrastructure Operations in Nigeria</strong> — Following the Central Bank of Nigeria's revocation of its microfinance license earlier this month alongside 45 other…</li><li><strong>MTN Group Partners with Gulf Data Hub to Build AI-Ready Data Centers in South Africa and Nigeria</strong> — MTN Group established a joint venture with UAE-based Gulf Data Hub through Africa Data Hub Holding Limited on Sunday…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:00 Spendin Expands Payment Rails to Francophone West Africa and Ships AI-Driven Ap…<br/>01:44 Kenya Drops 33% Foreign Ownership Cap for Crypto Exchanges and Lowers Licensing…<br/>02:26 Access Bank SME Fraud Incident Triggers Judicial Debit Orders Across 71 Financi…<br/>03:06 Payfast Data Shows South African Digital Wallet Transactions Surging 155%<br/>03:46 MoMo PSB Appoints Former Flutterwave COO Bode Abifarin as Managing Director<br/>04:27 UNCTAD Analysis Pinpoints FX Costs and Customs Friction as Primary Barrier to P…<br/>05:07 Central Bank of Egypt and Eswatini Evaluate PAPSS Integration and Gold Clearing…<br/>05:47 Sycamore CEO Outlines Shift from Consumer Credit to Infrastructure Operations i…<br/>06:24 MTN Group Partners with Gulf Data Hub to Build AI-Ready Data Centers in South A…<br/>07:02 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-31/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-31/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-31.mp3" length="3768187" type="audio/mpeg"/>
      <pubDate>Mon, 31 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>We've been tracking Nigeria's multi-month effort to clear its FX backlog—today, new data shows those cleared reserves driving a massive 74% surge in official market liquidity. Further south, Spendin continues its aggressive Francophone roll</itunes:subtitle>
      <itunes:summary>We've been tracking Nigeria's multi-month effort to clear its FX backlog—today, new data shows those cleared reserves driving a massive 74% surge in official market liquidity. Further south, Spendin continues its aggressive Francophone rollout with an AI-driven transaction routing upgrade.

In this episode:
• Nigeria FX Utilization Soars 74% to $16.2 Billion as Gross External Reserves Hit $53.3 Billion
• Spendin Expands Payment Rails to Francophone West Africa and Ships AI-Driven App Update
• Kenya Drops 33% Foreign Ownership Cap for Crypto Exchanges and Lowers Licensing Barriers
• Access Bank SME Fraud Incident Triggers Judicial Debit Orders Across 71 Financial Institutions
• Payfast Data Shows South African Digital Wallet Transactions Surging 155%
• MoMo PSB Appoints Former Flutterwave COO Bode Abifarin as Managing Director
• UNCTAD Analysis Pinpoints FX Costs and Customs Friction as Primary Barrier to Pan-African Ecommerce
• Central Bank of Egypt and Eswatini Evaluate PAPSS Integration and Gold Clearing Rails
• Sycamore CEO Outlines Shift from Consumer Credit to Infrastructure Operations in Nigeria
• MTN Group Partners with Gulf Data Hub to Build AI-Ready Data Centers in South Africa and Nigeria

Chapters:
00:00 Intro
01:00 Spendin Expands Payment Rails to Francophone West Africa and Ships AI-Driven Ap…
01:44 Kenya Drops 33% Foreign Ownership Cap for Crypto Exchanges and Lowers Licensing…
02:26 Access Bank SME Fraud Incident Triggers Judicial Debit Orders Across 71 Financi…
03:06 Payfast Data Shows South African Digital Wallet Transactions Surging 155%
03:46 MoMo PSB Appoints Former Flutterwave COO Bode Abifarin as Managing Director
04:27 UNCTAD Analysis Pinpoints FX Costs and Customs Friction as Primary Barrier to P…
05:07 Central Bank of Egypt and Eswatini Evaluate PAPSS Integration and Gold Clearing…
05:47 Sycamore CEO Outlines Shift from Consumer Credit to Infrastructure Operations i…
06:24 MTN Group Partners with Gulf Data Hub to Build AI-Ready Data Centers in South A…
07:02 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-31/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>60</itunes:episode>
      <itunes:title>Aug 31: Nigeria FX Utilization Soars 74% to $16.2 Billion as Gross External Reserves Hit $53.3…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 30: UMB Obtains Dual BoG and SEC Approval for Crypto Merchant Virtual Accounts</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-30/</link>
      <description>Ghana is laying the groundwork for compliant crypto banking, opening direct virtual accounts for digital asset firms. Meanwhile, Sub-Saharan Africa's cross-border payment networks are hitting a massive regulatory bottleneck that generates an estimated $5 billion in annual friction.

In this episode:
• UMB Obtains Dual BoG and SEC Approval for Crypto Merchant Virtual Accounts
• SIIPS 2025 Report Flags Unaligned Compliance as Primary Bottleneck for Pan-African Settlement
• Moody's Upgrades Nigeria Outlook to Positive as FTSE Confirms Frontier Index Return
• National Bank of Ethiopia Blacklists 17 Hawala Operators to Enforce Regulated Remittances
• Savannah Software Study Quantifies M-Pesa Checkout Conversion Lift for East African SMEs
• Tether Investment in LemFi Highlights Shift to Stablecoin Settlement for Cross-Border Corridors
• Rwanda and Tanzania Advance Security Frameworks for Cross-Border Instant Payment Switch
• Controlled Trial Reveals Consumer AI Assistant Blind Spots in African Social Commerce Fraud

Chapters:
00:00 Intro
01:16 SIIPS 2025 Report Flags Unaligned Compliance as Primary Bottleneck for Pan-Afri…
02:10 Moody's Upgrades Nigeria Outlook to Positive as FTSE Confirms Frontier Index Re…
02:59 National Bank of Ethiopia Blacklists 17 Hawala Operators to Enforce Regulated R…
03:49 Savannah Software Study Quantifies M-Pesa Checkout Conversion Lift for East Afr…
04:33 Tether Investment in LemFi Highlights Shift to Stablecoin Settlement for Cross-…
05:18 Rwanda and Tanzania Advance Security Frameworks for Cross-Border Instant Paymen…
06:01 Controlled Trial Reveals Consumer AI Assistant Blind Spots in African Social Co…
06:41 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-30/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Ghana is laying the groundwork for compliant crypto banking, opening direct virtual accounts for digital asset firms. Meanwhile, Sub-Saharan Africa's cross-border payment networks are hitting a massive regulatory bottleneck that generates an estimated $5 billion in annual friction.</p><h3>In this episode</h3><ul><li><strong>UMB Obtains Dual BoG and SEC Approval for Crypto Merchant Virtual Accounts</strong> — Days after Ghana inaugurated its Virtual Assets Coordinating Committee to align central bank and SEC oversight…</li><li><strong>SIIPS 2025 Report Flags Unaligned Compliance as Primary Bottleneck for Pan-African Settlement</strong> — The State of Inclusive Instant Payment Systems in Africa 2025 report published Saturday, August 29, shows 36 live…</li><li><strong>Moody's Upgrades Nigeria Outlook to Positive as FTSE Confirms Frontier Index Return</strong> — Following the complete clearance of $7 billion in FX backlogs and reserves topping $53 billion that we tracked last…</li><li><strong>National Bank of Ethiopia Blacklists 17 Hawala Operators to Enforce Regulated Remittances</strong> — The National Bank of Ethiopia published an enforcement directive on Saturday, August 29, 2026, naming 17 unlicensed…</li><li><strong>Savannah Software Study Quantifies M-Pesa Checkout Conversion Lift for East African SMEs</strong> — A study published by Savannah Software Solutions on Sunday, August 30, 2026, reveals that 78% of Kenyan online shoppers…</li><li><strong>Tether Investment in LemFi Highlights Shift to Stablecoin Settlement for Cross-Border Corridors</strong> — An industry report published Sunday, August 30, analyzes Tether's strategic investment in cross-border fintech LemFi…</li><li><strong>Rwanda and Tanzania Advance Security Frameworks for Cross-Border Instant Payment Switch</strong> — As part of the ongoing Proof of Concept linking Rwanda's RSwitch and Tanzania's TIPS that we've been tracking…</li><li><strong>Controlled Trial Reveals Consumer AI Assistant Blind Spots in African Social Commerce Fraud</strong> — A testing study published Saturday, August 29, evaluated four leading AI assistants against synthetic e-commerce scam…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:16 SIIPS 2025 Report Flags Unaligned Compliance as Primary Bottleneck for Pan-Afri…<br/>02:10 Moody's Upgrades Nigeria Outlook to Positive as FTSE Confirms Frontier Index Re…<br/>02:59 National Bank of Ethiopia Blacklists 17 Hawala Operators to Enforce Regulated R…<br/>03:49 Savannah Software Study Quantifies M-Pesa Checkout Conversion Lift for East Afr…<br/>04:33 Tether Investment in LemFi Highlights Shift to Stablecoin Settlement for Cross-…<br/>05:18 Rwanda and Tanzania Advance Security Frameworks for Cross-Border Instant Paymen…<br/>06:01 Controlled Trial Reveals Consumer AI Assistant Blind Spots in African Social Co…<br/>06:41 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-30/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-30/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-30.mp3" length="3737983" type="audio/mpeg"/>
      <pubDate>Sun, 30 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Ghana is laying the groundwork for compliant crypto banking, opening direct virtual accounts for digital asset firms. Meanwhile, Sub-Saharan Africa's cross-border payment networks are hitting a massive regulatory bottleneck that generates a</itunes:subtitle>
      <itunes:summary>Ghana is laying the groundwork for compliant crypto banking, opening direct virtual accounts for digital asset firms. Meanwhile, Sub-Saharan Africa's cross-border payment networks are hitting a massive regulatory bottleneck that generates an estimated $5 billion in annual friction.

In this episode:
• UMB Obtains Dual BoG and SEC Approval for Crypto Merchant Virtual Accounts
• SIIPS 2025 Report Flags Unaligned Compliance as Primary Bottleneck for Pan-African Settlement
• Moody's Upgrades Nigeria Outlook to Positive as FTSE Confirms Frontier Index Return
• National Bank of Ethiopia Blacklists 17 Hawala Operators to Enforce Regulated Remittances
• Savannah Software Study Quantifies M-Pesa Checkout Conversion Lift for East African SMEs
• Tether Investment in LemFi Highlights Shift to Stablecoin Settlement for Cross-Border Corridors
• Rwanda and Tanzania Advance Security Frameworks for Cross-Border Instant Payment Switch
• Controlled Trial Reveals Consumer AI Assistant Blind Spots in African Social Commerce Fraud

Chapters:
00:00 Intro
01:16 SIIPS 2025 Report Flags Unaligned Compliance as Primary Bottleneck for Pan-Afri…
02:10 Moody's Upgrades Nigeria Outlook to Positive as FTSE Confirms Frontier Index Re…
02:59 National Bank of Ethiopia Blacklists 17 Hawala Operators to Enforce Regulated R…
03:49 Savannah Software Study Quantifies M-Pesa Checkout Conversion Lift for East Afr…
04:33 Tether Investment in LemFi Highlights Shift to Stablecoin Settlement for Cross-…
05:18 Rwanda and Tanzania Advance Security Frameworks for Cross-Border Instant Paymen…
06:01 Controlled Trial Reveals Consumer AI Assistant Blind Spots in African Social Co…
06:41 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-30/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>59</itunes:episode>
      <itunes:title>Aug 30: UMB Obtains Dual BoG and SEC Approval for Crypto Merchant Virtual Accounts</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 29: Kenya Cuts Stablecoin Issuer Capital Threshold to $2.32M While Mandating 30% Local Bank…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-29/</link>
      <description>Central bank directives in Kenya and Nigeria dominate today's agenda, setting new capital and data hosting boundaries for payment processors. We're also tracking a marked shift in Nigerian transaction volumes as merchant activity pivots away from physical point-of-sale terminals toward instant account-to-account rails.

In this episode:
• Kenya Cuts Stablecoin Issuer Capital Threshold to $2.32M While Mandating 30% Local Bank Reserves
• CBN Re-Affirms Jan 2027 Local Data Mandate Forcing Gateway Pipeline Refactoring
• Nigeria Q1 2026 Payments Hit N1.05 Quadrillion as POS Volume Contracts 20%
• AEON Integrates M-Pesa Rails for Instant Crypto-to-KES Merchant Settlement
• Safaricom AI Real-Time Monitoring Cuts Mobile Fraud 87% Across Kenya Network
• Spendin Rolls Out Single-Integration Cross-Border API with Stablecoin Settlement
• Ghana Establishes Joint BoG-SEC Virtual Assets Committee Ahead of 2027 Framework
• South Africa Amends Export Regulations to Permit Zero-Rating VAT at Harbour Terminals
• BCEAO Delays Licensing as WAEMU Interoperable Switch Facing Resistance
• Report Attributes 44% of Enterprise Merchant Chargebacks to First-Party Friendly Fraud
• Malawi Mandates Biometric Identity Verification for All Bank and Payment Onboarding

Chapters:
00:00 Intro
01:24 CBN Re-Affirms Jan 2027 Local Data Mandate Forcing Gateway Pipeline Refactoring
02:28 Nigeria Q1 2026 Payments Hit N1.05 Quadrillion as POS Volume Contracts 20%
03:34 AEON Integrates M-Pesa Rails for Instant Crypto-to-KES Merchant Settlement
04:28 Safaricom AI Real-Time Monitoring Cuts Mobile Fraud 87% Across Kenya Network
05:28 Spendin Rolls Out Single-Integration Cross-Border API with Stablecoin Settlement
06:26 Ghana Establishes Joint BoG-SEC Virtual Assets Committee Ahead of 2027 Framework
07:28 South Africa Amends Export Regulations to Permit Zero-Rating VAT at Harbour Ter…
08:21 BCEAO Delays Licensing as WAEMU Interoperable Switch Facing Resistance
09:11 Report Attributes 44% of Enterprise Merchant Chargebacks to First-Party Friendl…
10:01 Malawi Mandates Biometric Identity Verification for All Bank and Payment Onboar…
10:56 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-29/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Central bank directives in Kenya and Nigeria dominate today's agenda, setting new capital and data hosting boundaries for payment processors. We're also tracking a marked shift in Nigerian transaction volumes as merchant activity pivots away from physical point-of-sale terminals toward instant account-to-account rails.</p><h3>In this episode</h3><ul><li><strong>Kenya Cuts Stablecoin Issuer Capital Threshold to $2.32M While Mandating 30% Local Bank Reserves</strong> — The Central Bank of Kenya issued final rules for stablecoin issuers on Saturday.</li><li><strong>CBN Re-Affirms Jan 2027 Local Data Mandate Forcing Gateway Pipeline Refactoring</strong> — The Central Bank of Nigeria has re-issued guidance reiterating the hard January 1, 2027, onshore data localization…</li><li><strong>Nigeria Q1 2026 Payments Hit N1.05 Quadrillion as POS Volume Contracts 20%</strong> — Central Bank of Nigeria statistical bulletin data released Friday, August 28, reveals total electronic payment value…</li><li><strong>AEON Integrates M-Pesa Rails for Instant Crypto-to-KES Merchant Settlement</strong> — Global payment network AEON announced on Friday, August 28, the integration of Kenya's M-Pesa mobile money network into…</li><li><strong>Safaricom AI Real-Time Monitoring Cuts Mobile Fraud 87% Across Kenya Network</strong> — Safaricom detailed data in its 2025 Sustainable Business Report released Friday, August 28, showing its real-time AI…</li><li><strong>Spendin Rolls Out Single-Integration Cross-Border API with Stablecoin Settlement</strong> — Following its recent merchant acquiring expansion across Francophone African markets like Senegal and Cameroon, fintech…</li><li><strong>Ghana Establishes Joint BoG-SEC Virtual Assets Committee Ahead of 2027 Framework</strong> — Building on the VASP framework progress we've tracked in Ghana this month, Bank of Ghana Governor Dr.</li><li><strong>South Africa Amends Export Regulations to Permit Zero-Rating VAT at Harbour Terminals</strong> — South Africa's National Treasury and SARS published formal updates to the Export Regulations on Friday, August 28.</li><li><strong>BCEAO Delays Licensing as WAEMU Interoperable Switch Facing Resistance</strong> — Reports published Friday, August 28, confirm that the Central Bank of West African States (BCEAO) has repeatedly…</li><li><strong>Report Attributes 44% of Enterprise Merchant Chargebacks to First-Party Friendly Fraud</strong> — The 2026 Field Report published by Chargebacks911 on Friday, August 28, shows that friendly fraud now accounts for…</li><li><strong>Malawi Mandates Biometric Identity Verification for All Bank and Payment Onboarding</strong> — The government of Malawi gazetted strict Customer Due Diligence Regulations on Friday, August 28, under the Financial…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:24 CBN Re-Affirms Jan 2027 Local Data Mandate Forcing Gateway Pipeline Refactoring<br/>02:28 Nigeria Q1 2026 Payments Hit N1.05 Quadrillion as POS Volume Contracts 20%<br/>03:34 AEON Integrates M-Pesa Rails for Instant Crypto-to-KES Merchant Settlement<br/>04:28 Safaricom AI Real-Time Monitoring Cuts Mobile Fraud 87% Across Kenya Network<br/>05:28 Spendin Rolls Out Single-Integration Cross-Border API with Stablecoin Settlement<br/>06:26 Ghana Establishes Joint BoG-SEC Virtual Assets Committee Ahead of 2027 Framework<br/>07:28 South Africa Amends Export Regulations to Permit Zero-Rating VAT at Harbour Ter…<br/>08:21 BCEAO Delays Licensing as WAEMU Interoperable Switch Facing Resistance<br/>09:11 Report Attributes 44% of Enterprise Merchant Chargebacks to First-Party Friendl…<br/>10:01 Malawi Mandates Biometric Identity Verification for All Bank and Payment Onboar…<br/>10:56 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-29/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-29/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-29.mp3" length="5813677" type="audio/mpeg"/>
      <pubDate>Sat, 29 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Central bank directives in Kenya and Nigeria dominate today's agenda, setting new capital and data hosting boundaries for payment processors. We're also tracking a marked shift in Nigerian transaction volumes as merchant activity pivots awa</itunes:subtitle>
      <itunes:summary>Central bank directives in Kenya and Nigeria dominate today's agenda, setting new capital and data hosting boundaries for payment processors. We're also tracking a marked shift in Nigerian transaction volumes as merchant activity pivots away from physical point-of-sale terminals toward instant account-to-account rails.

In this episode:
• Kenya Cuts Stablecoin Issuer Capital Threshold to $2.32M While Mandating 30% Local Bank Reserves
• CBN Re-Affirms Jan 2027 Local Data Mandate Forcing Gateway Pipeline Refactoring
• Nigeria Q1 2026 Payments Hit N1.05 Quadrillion as POS Volume Contracts 20%
• AEON Integrates M-Pesa Rails for Instant Crypto-to-KES Merchant Settlement
• Safaricom AI Real-Time Monitoring Cuts Mobile Fraud 87% Across Kenya Network
• Spendin Rolls Out Single-Integration Cross-Border API with Stablecoin Settlement
• Ghana Establishes Joint BoG-SEC Virtual Assets Committee Ahead of 2027 Framework
• South Africa Amends Export Regulations to Permit Zero-Rating VAT at Harbour Terminals
• BCEAO Delays Licensing as WAEMU Interoperable Switch Facing Resistance
• Report Attributes 44% of Enterprise Merchant Chargebacks to First-Party Friendly Fraud
• Malawi Mandates Biometric Identity Verification for All Bank and Payment Onboarding

Chapters:
00:00 Intro
01:24 CBN Re-Affirms Jan 2027 Local Data Mandate Forcing Gateway Pipeline Refactoring
02:28 Nigeria Q1 2026 Payments Hit N1.05 Quadrillion as POS Volume Contracts 20%
03:34 AEON Integrates M-Pesa Rails for Instant Crypto-to-KES Merchant Settlement
04:28 Safaricom AI Real-Time Monitoring Cuts Mobile Fraud 87% Across Kenya Network
05:28 Spendin Rolls Out Single-Integration Cross-Border API with Stablecoin Settlement
06:26 Ghana Establishes Joint BoG-SEC Virtual Assets Committee Ahead of 2027 Framework
07:28 South Africa Amends Export Regulations to Permit Zero-Rating VAT at Harbour Ter…
08:21 BCEAO Delays Licensing as WAEMU Interoperable Switch Facing Resistance
09:11 Report Attributes 44% of Enterprise Merchant Chargebacks to First-Party Friendl…
10:01 Malawi Mandates Biometric Identity Verification for All Bank and Payment Onboar…
10:56 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-29/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>58</itunes:episode>
      <itunes:title>Aug 29: Kenya Cuts Stablecoin Issuer Capital Threshold to $2.32M While Mandating 30% Local Bank…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 28: Visa Pilots Background Stablecoin Settlement for M-Pesa Mobile Transfers in DRC</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-28/</link>
      <description>A fundamental rewiring of African cross-border liquidity is accelerating as Visa, Yellow Card, and Onafriq push stablecoin infrastructure deep into the routing layers of established mobile money switches. Elsewhere, Kenya's Court of Appeal establishes an important tax precedent for cross-border software exporters.

In this episode:
• Visa Pilots Background Stablecoin Settlement for M-Pesa Mobile Transfers in DRC
• Yellow Card and Tranzmit Deploy API Rail for US-to-Nigeria Stablecoin Settlement
• Onafriq Scales Circle USDC Settlement Across 40-Market Network
• Interswitch Refocuses Strategy on Open Banking APIs and Switching Infrastructure
• Cashfree Launches 'Relay' AI Agent Suite to Automate SMB Payment Operations
• Socure Acquires Fravity for $5.2B Valuation to Embed AI Investigation Agents
• Sumsub Executives Warn 60% of African Digital Fraud Occurs Post-Onboarding
• Subex Secures Three-Year AI Fraud Management Deal with African Mobile Operator
• Kenyan Court Rules Local Tech Services for Foreign Clients Qualify as Exempt VAT Exports
• Stanbic Bank Tanzania Launches Direct Shilling-to-Yuan CIPS Settlement Corridor
• Nigeria Foreign Reserves Hit $53.1B 18-Year High as FX Backlogs Clear
• Restructured ANKA Relaunches Afrikrea Marketplace Under Global Shop Group

Chapters:
00:00 Intro
00:57 Yellow Card and Tranzmit Deploy API Rail for US-to-Nigeria Stablecoin Settlement
01:37 Onafriq Scales Circle USDC Settlement Across 40-Market Network
02:16 Interswitch Refocuses Strategy on Open Banking APIs and Switching Infrastructure
02:53 Cashfree Launches 'Relay' AI Agent Suite to Automate SMB Payment Operations
03:30 Socure Acquires Fravity for $5.2B Valuation to Embed AI Investigation Agents
04:05 Sumsub Executives Warn 60% of African Digital Fraud Occurs Post-Onboarding
04:43 Subex Secures Three-Year AI Fraud Management Deal with African Mobile Operator
05:21 Kenyan Court Rules Local Tech Services for Foreign Clients Qualify as Exempt VA…
06:00 Stanbic Bank Tanzania Launches Direct Shilling-to-Yuan CIPS Settlement Corridor
06:33 Nigeria Foreign Reserves Hit $53.1B 18-Year High as FX Backlogs Clear
07:10 Restructured ANKA Relaunches Afrikrea Marketplace Under Global Shop Group
07:46 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-28/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>A fundamental rewiring of African cross-border liquidity is accelerating as Visa, Yellow Card, and Onafriq push stablecoin infrastructure deep into the routing layers of established mobile money switches. Elsewhere, Kenya's Court of Appeal establishes an important tax precedent for cross-border software exporters.</p><h3>In this episode</h3><ul><li><strong>Visa Pilots Background Stablecoin Settlement for M-Pesa Mobile Transfers in DRC</strong> — Bringing Onafriq's stablecoin-fiat architecture into production with a major card network, Visa launched a pilot in the…</li><li><strong>Yellow Card and Tranzmit Deploy API Rail for US-to-Nigeria Stablecoin Settlement</strong> — Making good on its strategic pivot from retail exchange to enterprise B2B infrastructure following a recent $40 million…</li><li><strong>Onafriq Scales Circle USDC Settlement Across 40-Market Network</strong> — Continuing to scale the pan-African stablecoin stack we noted earlier this month, Onafriq integrated Circle's USDC on…</li><li><strong>Interswitch Refocuses Strategy on Open Banking APIs and Switching Infrastructure</strong> — Interswitch Group announced a strategic focus on core switching architecture and open banking APIs on Thursday, August…</li><li><strong>Cashfree Launches 'Relay' AI Agent Suite to Automate SMB Payment Operations</strong> — Cashfree Payments introduced 'Relay' on Thursday, August 27, an AI agent platform designed to automate end-to-end…</li><li><strong>Socure Acquires Fravity for $5.2B Valuation to Embed AI Investigation Agents</strong> — Identity verification firm Socure secured $156 million at a $5.2 billion valuation on Thursday, August 27, and acquired…</li><li><strong>Sumsub Executives Warn 60% of African Digital Fraud Occurs Post-Onboarding</strong> — Speaking at an industry summit in Cape Town on Thursday, August 27, Sumsub executives reported that over 60% of digital…</li><li><strong>Subex Secures Three-Year AI Fraud Management Deal with African Mobile Operator</strong> — Subex announced a three-year agreement on Wednesday, August 26, to deploy its HyperSense AI fraud management platform…</li><li><strong>Kenyan Court Rules Local Tech Services for Foreign Clients Qualify as Exempt VAT Exports</strong> — Kenya's Court of Appeal ruled on Thursday, August 27, that software and hardware maintenance services provided by local…</li><li><strong>Stanbic Bank Tanzania Launches Direct Shilling-to-Yuan CIPS Settlement Corridor</strong> — Adding another node to the direct CIPS rollout we've tracked across Standard Bank's Kenyan and Ghanaian subsidiaries…</li><li><strong>Nigeria Foreign Reserves Hit $53.1B 18-Year High as FX Backlogs Clear</strong> — Central Bank of Nigeria data published on Monday, August 24, shows gross foreign exchange reserves reached $53.1…</li><li><strong>Restructured ANKA Relaunches Afrikrea Marketplace Under Global Shop Group</strong> — Following its acquisition out of judicial liquidation in late 2025, pan-African ecommerce platform ANKA is reviving its…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:57 Yellow Card and Tranzmit Deploy API Rail for US-to-Nigeria Stablecoin Settlement<br/>01:37 Onafriq Scales Circle USDC Settlement Across 40-Market Network<br/>02:16 Interswitch Refocuses Strategy on Open Banking APIs and Switching Infrastructure<br/>02:53 Cashfree Launches 'Relay' AI Agent Suite to Automate SMB Payment Operations<br/>03:30 Socure Acquires Fravity for $5.2B Valuation to Embed AI Investigation Agents<br/>04:05 Sumsub Executives Warn 60% of African Digital Fraud Occurs Post-Onboarding<br/>04:43 Subex Secures Three-Year AI Fraud Management Deal with African Mobile Operator<br/>05:21 Kenyan Court Rules Local Tech Services for Foreign Clients Qualify as Exempt VA…<br/>06:00 Stanbic Bank Tanzania Launches Direct Shilling-to-Yuan CIPS Settlement Corridor<br/>06:33 Nigeria Foreign Reserves Hit $53.1B 18-Year High as FX Backlogs Clear<br/>07:10 Restructured ANKA Relaunches Afrikrea Marketplace Under Global Shop Group<br/>07:46 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-28/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-28/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-28.mp3" length="4322040" type="audio/mpeg"/>
      <pubDate>Fri, 28 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>A fundamental rewiring of African cross-border liquidity is accelerating as Visa, Yellow Card, and Onafriq push stablecoin infrastructure deep into the routing layers of established mobile money switches. Elsewhere, Kenya's Court of Appeal </itunes:subtitle>
      <itunes:summary>A fundamental rewiring of African cross-border liquidity is accelerating as Visa, Yellow Card, and Onafriq push stablecoin infrastructure deep into the routing layers of established mobile money switches. Elsewhere, Kenya's Court of Appeal establishes an important tax precedent for cross-border software exporters.

In this episode:
• Visa Pilots Background Stablecoin Settlement for M-Pesa Mobile Transfers in DRC
• Yellow Card and Tranzmit Deploy API Rail for US-to-Nigeria Stablecoin Settlement
• Onafriq Scales Circle USDC Settlement Across 40-Market Network
• Interswitch Refocuses Strategy on Open Banking APIs and Switching Infrastructure
• Cashfree Launches 'Relay' AI Agent Suite to Automate SMB Payment Operations
• Socure Acquires Fravity for $5.2B Valuation to Embed AI Investigation Agents
• Sumsub Executives Warn 60% of African Digital Fraud Occurs Post-Onboarding
• Subex Secures Three-Year AI Fraud Management Deal with African Mobile Operator
• Kenyan Court Rules Local Tech Services for Foreign Clients Qualify as Exempt VAT Exports
• Stanbic Bank Tanzania Launches Direct Shilling-to-Yuan CIPS Settlement Corridor
• Nigeria Foreign Reserves Hit $53.1B 18-Year High as FX Backlogs Clear
• Restructured ANKA Relaunches Afrikrea Marketplace Under Global Shop Group

Chapters:
00:00 Intro
00:57 Yellow Card and Tranzmit Deploy API Rail for US-to-Nigeria Stablecoin Settlement
01:37 Onafriq Scales Circle USDC Settlement Across 40-Market Network
02:16 Interswitch Refocuses Strategy on Open Banking APIs and Switching Infrastructure
02:53 Cashfree Launches 'Relay' AI Agent Suite to Automate SMB Payment Operations
03:30 Socure Acquires Fravity for $5.2B Valuation to Embed AI Investigation Agents
04:05 Sumsub Executives Warn 60% of African Digital Fraud Occurs Post-Onboarding
04:43 Subex Secures Three-Year AI Fraud Management Deal with African Mobile Operator
05:21 Kenyan Court Rules Local Tech Services for Foreign Clients Qualify as Exempt VA…
06:00 Stanbic Bank Tanzania Launches Direct Shilling-to-Yuan CIPS Settlement Corridor
06:33 Nigeria Foreign Reserves Hit $53.1B 18-Year High as FX Backlogs Clear
07:10 Restructured ANKA Relaunches Afrikrea Marketplace Under Global Shop Group
07:46 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-28/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>57</itunes:episode>
      <itunes:title>Aug 28: Visa Pilots Background Stablecoin Settlement for M-Pesa Mobile Transfers in DRC</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 27: Ripple Invests in Flutterwave to Integrate RLUSD and XRP Ledger for Cross-Border FX</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-27/</link>
      <description>We start today with Ripple taking an equity position in Flutterwave to wire its RLUSD stablecoin directly into African enterprise trade. Plus: South Africa's central bank moves to close a R63 billion blind spot in crypto capital flight, and MTN explores cutting out partner banks to lend off its own balance sheet.

In this episode:
• Ripple Invests in Flutterwave to Integrate RLUSD and XRP Ledger for Cross-Border FX
• SARB Reports R63B Unmonitored Crypto Outflows as South Africa Moves to Enforce Exchange Control Rules
• MTN Group Evaluates African Banking Licenses to Fund Direct Mobile Money Lending
• Moniepoint Winds Down UK Remittance App MonieWorld to Refocus Capital on Domestic Rails
• Cameroon Urges PAPSS Adoption as Commercial Bank Integration Lags Central Bank Accession
• Interpol Operation Jackal IV Seizes $2.67M and Blocks 257 Bank Accounts in South Africa
• Safaricom Introduces Masked M-PESA Transfers to Comply with Privacy Rules and Limit Scams
• Central Bank of Kenya Finalizes AI Guidance Note as Financial Sector Adoption Surges
• NFIU Annual Report Documents Sub-Threshold Remittance Exploitation and Gender Proxy Fraud
• Brydge and Monirates Launch Zero-Fee Stablecoin Wallets for Pan-African B2B Merchants
• Kenyan Parliamentary Deadlock Keeps Saccos Excluded from National Payment Infrastructure

Chapters:
00:00 Intro
01:10 SARB Reports R63B Unmonitored Crypto Outflows as South Africa Moves to Enforce…
01:59 MTN Group Evaluates African Banking Licenses to Fund Direct Mobile Money Lending
02:40 Moniepoint Winds Down UK Remittance App MonieWorld to Refocus Capital on Domest…
03:19 Cameroon Urges PAPSS Adoption as Commercial Bank Integration Lags Central Bank…
03:55 Interpol Operation Jackal IV Seizes $2.67M and Blocks 257 Bank Accounts in Sout…
04:35 Safaricom Introduces Masked M-PESA Transfers to Comply with Privacy Rules and L…
05:13 Central Bank of Kenya Finalizes AI Guidance Note as Financial Sector Adoption S…
05:53 NFIU Annual Report Documents Sub-Threshold Remittance Exploitation and Gender P…
06:32 Brydge and Monirates Launch Zero-Fee Stablecoin Wallets for Pan-African B2B Mer…
07:07 Kenyan Parliamentary Deadlock Keeps Saccos Excluded from National Payment Infra…
07:47 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-27/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>We start today with Ripple taking an equity position in Flutterwave to wire its RLUSD stablecoin directly into African enterprise trade. Plus: South Africa's central bank moves to close a R63 billion blind spot in crypto capital flight, and MTN explores cutting out partner banks to lend off its own balance sheet.</p><h3>In this episode</h3><ul><li><strong>Ripple Invests in Flutterwave to Integrate RLUSD and XRP Ledger for Cross-Border FX</strong> — Building on its recent Caliza integration for US dollar accounts, African payment gateway Flutterwave secured a…</li><li><strong>SARB Reports R63B Unmonitored Crypto Outflows as South Africa Moves to Enforce Exchange Control Rules</strong> — Contextualizing the recent industry pushback we've tracked over South Africa's draft Crypto Asset Manual, Reserve Bank…</li><li><strong>MTN Group Evaluates African Banking Licenses to Fund Direct Mobile Money Lending</strong> — Following yesterday's report that its mobile money ecosystem processed 13 billion transactions worth $330.5 billion in…</li><li><strong>Moniepoint Winds Down UK Remittance App MonieWorld to Refocus Capital on Domestic Rails</strong> — Nigerian fintech unicorn Moniepoint is shutting down its UK-to-Nigeria remittance product, MonieWorld, less than 18…</li><li><strong>Cameroon Urges PAPSS Adoption as Commercial Bank Integration Lags Central Bank Accession</strong> — Cameroon's Trade Minister issued an advisory urging local businesses to adopt Afreximbank's Pan-African Payment and…</li><li><strong>Interpol Operation Jackal IV Seizes $2.67M and Blocks 257 Bank Accounts in South Africa</strong> — Interpol announced results on Wednesday, August 26, from Operation Jackal IV, targeting West African cybercrime…</li><li><strong>Safaricom Introduces Masked M-PESA Transfers to Comply with Privacy Rules and Limit Scams</strong> — Safaricom launched masked M-PESA transfers in Kenya on Thursday, August 27, partially obscuring senders' phone numbers…</li><li><strong>Central Bank of Kenya Finalizes AI Guidance Note as Financial Sector Adoption Surges</strong> — The Central Bank of Kenya announced on Thursday, August 27, that it is finalizing a comprehensive Guidance Note on…</li><li><strong>NFIU Annual Report Documents Sub-Threshold Remittance Exploitation and Gender Proxy Fraud</strong> — The Nigeria Financial Intelligence Unit released its 2025 Annual Report on Wednesday, August 26, documenting emerging…</li><li><strong>Brydge and Monirates Launch Zero-Fee Stablecoin Wallets for Pan-African B2B Merchants</strong> — Brydge and Monirates partnered on Thursday, August 27, to integrate zero-fee stablecoin wallets into Brydge's…</li><li><strong>Kenyan Parliamentary Deadlock Keeps Saccos Excluded from National Payment Infrastructure</strong> — A legislative impasse between Kenya's National Assembly and Senate over the Co-operatives Bill, 2024, has been referred…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:10 SARB Reports R63B Unmonitored Crypto Outflows as South Africa Moves to Enforce…<br/>01:59 MTN Group Evaluates African Banking Licenses to Fund Direct Mobile Money Lending<br/>02:40 Moniepoint Winds Down UK Remittance App MonieWorld to Refocus Capital on Domest…<br/>03:19 Cameroon Urges PAPSS Adoption as Commercial Bank Integration Lags Central Bank…<br/>03:55 Interpol Operation Jackal IV Seizes $2.67M and Blocks 257 Bank Accounts in Sout…<br/>04:35 Safaricom Introduces Masked M-PESA Transfers to Comply with Privacy Rules and L…<br/>05:13 Central Bank of Kenya Finalizes AI Guidance Note as Financial Sector Adoption S…<br/>05:53 NFIU Annual Report Documents Sub-Threshold Remittance Exploitation and Gender P…<br/>06:32 Brydge and Monirates Launch Zero-Fee Stablecoin Wallets for Pan-African B2B Mer…<br/>07:07 Kenyan Parliamentary Deadlock Keeps Saccos Excluded from National Payment Infra…<br/>07:47 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-27/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-27/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-27.mp3" length="4220455" type="audio/mpeg"/>
      <pubDate>Thu, 27 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>We start today with Ripple taking an equity position in Flutterwave to wire its RLUSD stablecoin directly into African enterprise trade. Plus: South Africa's central bank moves to close a R63 billion blind spot in crypto capital flight, and</itunes:subtitle>
      <itunes:summary>We start today with Ripple taking an equity position in Flutterwave to wire its RLUSD stablecoin directly into African enterprise trade. Plus: South Africa's central bank moves to close a R63 billion blind spot in crypto capital flight, and MTN explores cutting out partner banks to lend off its own balance sheet.

In this episode:
• Ripple Invests in Flutterwave to Integrate RLUSD and XRP Ledger for Cross-Border FX
• SARB Reports R63B Unmonitored Crypto Outflows as South Africa Moves to Enforce Exchange Control Rules
• MTN Group Evaluates African Banking Licenses to Fund Direct Mobile Money Lending
• Moniepoint Winds Down UK Remittance App MonieWorld to Refocus Capital on Domestic Rails
• Cameroon Urges PAPSS Adoption as Commercial Bank Integration Lags Central Bank Accession
• Interpol Operation Jackal IV Seizes $2.67M and Blocks 257 Bank Accounts in South Africa
• Safaricom Introduces Masked M-PESA Transfers to Comply with Privacy Rules and Limit Scams
• Central Bank of Kenya Finalizes AI Guidance Note as Financial Sector Adoption Surges
• NFIU Annual Report Documents Sub-Threshold Remittance Exploitation and Gender Proxy Fraud
• Brydge and Monirates Launch Zero-Fee Stablecoin Wallets for Pan-African B2B Merchants
• Kenyan Parliamentary Deadlock Keeps Saccos Excluded from National Payment Infrastructure

Chapters:
00:00 Intro
01:10 SARB Reports R63B Unmonitored Crypto Outflows as South Africa Moves to Enforce…
01:59 MTN Group Evaluates African Banking Licenses to Fund Direct Mobile Money Lending
02:40 Moniepoint Winds Down UK Remittance App MonieWorld to Refocus Capital on Domest…
03:19 Cameroon Urges PAPSS Adoption as Commercial Bank Integration Lags Central Bank…
03:55 Interpol Operation Jackal IV Seizes $2.67M and Blocks 257 Bank Accounts in Sout…
04:35 Safaricom Introduces Masked M-PESA Transfers to Comply with Privacy Rules and L…
05:13 Central Bank of Kenya Finalizes AI Guidance Note as Financial Sector Adoption S…
05:53 NFIU Annual Report Documents Sub-Threshold Remittance Exploitation and Gender P…
06:32 Brydge and Monirates Launch Zero-Fee Stablecoin Wallets for Pan-African B2B Mer…
07:07 Kenyan Parliamentary Deadlock Keeps Saccos Excluded from National Payment Infra…
07:47 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-27/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>56</itunes:episode>
      <itunes:title>Aug 27: Ripple Invests in Flutterwave to Integrate RLUSD and XRP Ledger for Cross-Border FX</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 26: Safaricom Nationwide M-PESA Blackout Paralyzes KES 1.4 Billion in Kenyan Retail Trade</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-26/</link>
      <description>When a core payment switch goes dark in East Africa, the fallout is immediate and expensive. Today's briefing opens with Safaricom's KES 1.4 billion M-Pesa blackout, before tracking a major expansion of corporate stablecoin rails as Onafriq and Cassava integrate USDC for cross-border treasury settlement.

In this episode:
• Safaricom Nationwide M-PESA Blackout Paralyzes KES 1.4 Billion in Kenyan Retail Trade
• Cassava Technologies and Circle Partner to Scale USDC Across Sasai Fintech Network
• Moniepoint Winds Down UK Remittance Unit MonieWorld to Refocus Capital on African B2B Rails
• Onafriq Scales USDC Parallel Settlement Rail Across 40+ African Markets
• MTN Group Reports $330.5 Billion in H1 2026 Fintech Transactions as Merchant Base Surges
• National Bank of Rwanda Imposes Six-Month Moratorium on Non-Bank Fintech Licenses
• Stablecoin Processor Clea Launches B2B Vendor Payout Tool for Import Corridors
• NITDA Inaugurates Sovereign Cloud Taskforce Ahead of CBN 2027 Onshore Mandate
• Kenyan Lawmakers Propose Full VAT Exemption on Mobile Money Transfer Fees
• Ghana Establishes Multi-Agency Virtual Assets Coordinating Committee Under Act 1154
• Zimperium Security Audit Identifies 30 Mobile Malware Strains Targeting African Banking Apps
• South African Reserve Bank Draft Framework Opens Non-Bank Access to FMCG Retail Corridors

Chapters:
00:00 Intro
01:11 Cassava Technologies and Circle Partner to Scale USDC Across Sasai Fintech Netw…
01:52 Moniepoint Winds Down UK Remittance Unit MonieWorld to Refocus Capital on Afric…
02:38 Onafriq Scales USDC Parallel Settlement Rail Across 40+ African Markets
03:19 MTN Group Reports $330.5 Billion in H1 2026 Fintech Transactions as Merchant Ba…
03:58 National Bank of Rwanda Imposes Six-Month Moratorium on Non-Bank Fintech Licens…
04:38 Stablecoin Processor Clea Launches B2B Vendor Payout Tool for Import Corridors
05:18 NITDA Inaugurates Sovereign Cloud Taskforce Ahead of CBN 2027 Onshore Mandate
06:01 Kenyan Lawmakers Propose Full VAT Exemption on Mobile Money Transfer Fees
06:40 Ghana Establishes Multi-Agency Virtual Assets Coordinating Committee Under Act…
07:17 Zimperium Security Audit Identifies 30 Mobile Malware Strains Targeting African…
08:01 South African Reserve Bank Draft Framework Opens Non-Bank Access to FMCG Retail…
08:44 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-26/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>When a core payment switch goes dark in East Africa, the fallout is immediate and expensive. Today's briefing opens with Safaricom's KES 1.4 billion M-Pesa blackout, before tracking a major expansion of corporate stablecoin rails as Onafriq and Cassava integrate USDC for cross-border treasury settlement.</p><h3>In this episode</h3><ul><li><strong>Safaricom Nationwide M-PESA Blackout Paralyzes KES 1.4 Billion in Kenyan Retail Trade</strong> — Safaricom suffered an hour-long nationwide system outage on Tuesday, August 25, 2026, driven by a core routing failure…</li><li><strong>Cassava Technologies and Circle Partner to Scale USDC Across Sasai Fintech Network</strong> — Strive Masiyiwa's Cassava Technologies established a strategic partnership with Circle Internet Group on Wednesday…</li><li><strong>Moniepoint Winds Down UK Remittance Unit MonieWorld to Refocus Capital on African B2B Rails</strong> — Following the CBN national license upgrade and direct Mastercard acquiring partnership we tracked for its subsidiary…</li><li><strong>Onafriq Scales USDC Parallel Settlement Rail Across 40+ African Markets</strong> — Moving from the stablecoin infrastructure pilots and Nostro-replacement strategy we've tracked over the past month…</li><li><strong>MTN Group Reports $330.5 Billion in H1 2026 Fintech Transactions as Merchant Base Surges</strong> — MTN Group disclosed its H1 2026 financial results on Tuesday, August 25, recording 13 billion fintech transactions…</li><li><strong>National Bank of Rwanda Imposes Six-Month Moratorium on Non-Bank Fintech Licenses</strong> — The National Bank of Rwanda (BNR) instituted a six-month freeze on new non-deposit-taking financial service provider…</li><li><strong>Stablecoin Processor Clea Launches B2B Vendor Payout Tool for Import Corridors</strong> — Nigerian cross-border payments startup Clea introduced its 'Vendor Payments' feature on Tuesday, August 25, enabling…</li><li><strong>NITDA Inaugurates Sovereign Cloud Taskforce Ahead of CBN 2027 Onshore Mandate</strong> — With Nigerian fintechs already scrambling to meet the Central Bank's January 2027 onshore data localization deadline…</li><li><strong>Kenyan Lawmakers Propose Full VAT Exemption on Mobile Money Transfer Fees</strong> — Kenyan MPs submitted a legislative proposal on Wednesday, August 26, to fully exempt mobile money transfer fees from…</li><li><strong>Ghana Establishes Multi-Agency Virtual Assets Coordinating Committee Under Act 1154</strong> — Bank of Ghana Governor Dr. Johnson Asiama inaugurated the Virtual Assets Coordinating Committee (VACC) on Tuesday…</li><li><strong>Zimperium Security Audit Identifies 30 Mobile Malware Strains Targeting African Banking Apps</strong> — Zimperium's zLabs published cybersecurity findings on Tuesday, August 25, documenting 30 active mobile malware families…</li><li><strong>South African Reserve Bank Draft Framework Opens Non-Bank Access to FMCG Retail Corridors</strong> — An analysis published Tuesday, August 25, details the impact of the South African Reserve Bank's draft authorization…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:11 Cassava Technologies and Circle Partner to Scale USDC Across Sasai Fintech Netw…<br/>01:52 Moniepoint Winds Down UK Remittance Unit MonieWorld to Refocus Capital on Afric…<br/>02:38 Onafriq Scales USDC Parallel Settlement Rail Across 40+ African Markets<br/>03:19 MTN Group Reports $330.5 Billion in H1 2026 Fintech Transactions as Merchant Ba…<br/>03:58 National Bank of Rwanda Imposes Six-Month Moratorium on Non-Bank Fintech Licens…<br/>04:38 Stablecoin Processor Clea Launches B2B Vendor Payout Tool for Import Corridors<br/>05:18 NITDA Inaugurates Sovereign Cloud Taskforce Ahead of CBN 2027 Onshore Mandate<br/>06:01 Kenyan Lawmakers Propose Full VAT Exemption on Mobile Money Transfer Fees<br/>06:40 Ghana Establishes Multi-Agency Virtual Assets Coordinating Committee Under Act…<br/>07:17 Zimperium Security Audit Identifies 30 Mobile Malware Strains Targeting African…<br/>08:01 South African Reserve Bank Draft Framework Opens Non-Bank Access to FMCG Retail…<br/>08:44 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-26/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-26/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-26.mp3" length="4696880" type="audio/mpeg"/>
      <pubDate>Wed, 26 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>When a core payment switch goes dark in East Africa, the fallout is immediate and expensive. Today's briefing opens with Safaricom's KES 1.4 billion M-Pesa blackout, before tracking a major expansion of corporate stablecoin rails as Onafriq</itunes:subtitle>
      <itunes:summary>When a core payment switch goes dark in East Africa, the fallout is immediate and expensive. Today's briefing opens with Safaricom's KES 1.4 billion M-Pesa blackout, before tracking a major expansion of corporate stablecoin rails as Onafriq and Cassava integrate USDC for cross-border treasury settlement.

In this episode:
• Safaricom Nationwide M-PESA Blackout Paralyzes KES 1.4 Billion in Kenyan Retail Trade
• Cassava Technologies and Circle Partner to Scale USDC Across Sasai Fintech Network
• Moniepoint Winds Down UK Remittance Unit MonieWorld to Refocus Capital on African B2B Rails
• Onafriq Scales USDC Parallel Settlement Rail Across 40+ African Markets
• MTN Group Reports $330.5 Billion in H1 2026 Fintech Transactions as Merchant Base Surges
• National Bank of Rwanda Imposes Six-Month Moratorium on Non-Bank Fintech Licenses
• Stablecoin Processor Clea Launches B2B Vendor Payout Tool for Import Corridors
• NITDA Inaugurates Sovereign Cloud Taskforce Ahead of CBN 2027 Onshore Mandate
• Kenyan Lawmakers Propose Full VAT Exemption on Mobile Money Transfer Fees
• Ghana Establishes Multi-Agency Virtual Assets Coordinating Committee Under Act 1154
• Zimperium Security Audit Identifies 30 Mobile Malware Strains Targeting African Banking Apps
• South African Reserve Bank Draft Framework Opens Non-Bank Access to FMCG Retail Corridors

Chapters:
00:00 Intro
01:11 Cassava Technologies and Circle Partner to Scale USDC Across Sasai Fintech Netw…
01:52 Moniepoint Winds Down UK Remittance Unit MonieWorld to Refocus Capital on Afric…
02:38 Onafriq Scales USDC Parallel Settlement Rail Across 40+ African Markets
03:19 MTN Group Reports $330.5 Billion in H1 2026 Fintech Transactions as Merchant Ba…
03:58 National Bank of Rwanda Imposes Six-Month Moratorium on Non-Bank Fintech Licens…
04:38 Stablecoin Processor Clea Launches B2B Vendor Payout Tool for Import Corridors
05:18 NITDA Inaugurates Sovereign Cloud Taskforce Ahead of CBN 2027 Onshore Mandate
06:01 Kenyan Lawmakers Propose Full VAT Exemption on Mobile Money Transfer Fees
06:40 Ghana Establishes Multi-Agency Virtual Assets Coordinating Committee Under Act…
07:17 Zimperium Security Audit Identifies 30 Mobile Malware Strains Targeting African…
08:01 South African Reserve Bank Draft Framework Opens Non-Bank Access to FMCG Retail…
08:44 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-26/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>55</itunes:episode>
      <itunes:title>Aug 26: Safaricom Nationwide M-PESA Blackout Paralyzes KES 1.4 Billion in Kenyan Retail Trade</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 25: FirstBank Integrates PAPSS Across Digital Channels Following CBN FX Account Ruling</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-25/</link>
      <description>The structural bypass of traditional correspondent banking is moving from fintech roadmaps into tier-1 commercial banking. Today's briefing details how direct PAPSS and CIPS integrations are eliminating US dollar dependencies for African merchants, while cybercrime authorities step up enforcement at the mobile money endpoint.

In this episode:
• FirstBank Integrates PAPSS Across Digital Channels Following CBN FX Account Ruling
• Blockradar Surpasses $1 Billion in Cumulative B2B Stablecoin Settlement Volume
• Stanbic Bank Ghana and Standard Bank Deploy Direct CIPS RMB Clearing Rails
• Stitch Launches Integrated Shopify POS and Omnichannel Terminal Rails in South Africa
• Kenya Cybercrime Committee Identifies Mobile Money in 50% of Computer Fraud Cases
• Razorpay Launches Production Vulcan AI Foundation Model for Transaction Optimization
• Safaricom Directs Merchants to Dedicated Business Tills to Curb Unauthorized Reversals
• EAC Inaugurates Technical Working Groups to Implement Cross-Border Payment Masterplan
• SARS Releases Draft Guidance Clarifying Crypto Disposal Taxes for Merchants and Traders
• Global Bank Ethiopia Invites Tenders for 9,000 Interoperable National Merchant QR Terminals

Chapters:
00:00 Intro
01:28 Blockradar Surpasses $1 Billion in Cumulative B2B Stablecoin Settlement Volume
02:16 Stanbic Bank Ghana and Standard Bank Deploy Direct CIPS RMB Clearing Rails
03:05 Stitch Launches Integrated Shopify POS and Omnichannel Terminal Rails in South…
03:49 Kenya Cybercrime Committee Identifies Mobile Money in 50% of Computer Fraud Cas…
04:44 Razorpay Launches Production Vulcan AI Foundation Model for Transaction Optimiz…
05:37 Safaricom Directs Merchants to Dedicated Business Tills to Curb Unauthorized Re…
06:33 EAC Inaugurates Technical Working Groups to Implement Cross-Border Payment Mast…
07:15 SARS Releases Draft Guidance Clarifying Crypto Disposal Taxes for Merchants and…
08:01 Global Bank Ethiopia Invites Tenders for 9,000 Interoperable National Merchant…
08:40 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-25/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The structural bypass of traditional correspondent banking is moving from fintech roadmaps into tier-1 commercial banking. Today's briefing details how direct PAPSS and CIPS integrations are eliminating US dollar dependencies for African merchants, while cybercrime authorities step up enforcement at the mobile money endpoint.</p><h3>In this episode</h3><ul><li><strong>FirstBank Integrates PAPSS Across Digital Channels Following CBN FX Account Ruling</strong> — As West African cross-border traders increasingly bypass commercial banks for informal clearing networks to avoid…</li><li><strong>Blockradar Surpasses $1 Billion in Cumulative B2B Stablecoin Settlement Volume</strong> — Stablecoin developer infrastructure provider Blockradar announced on Monday that its platform has processed over $1…</li><li><strong>Stanbic Bank Ghana and Standard Bank Deploy Direct CIPS RMB Clearing Rails</strong> — Standard Bank's campaign to eliminate US dollar routing in Sino-African trade—which we've tracked through recent CIPS…</li><li><strong>Stitch Launches Integrated Shopify POS and Omnichannel Terminal Rails in South Africa</strong> — South African payment infrastructure provider Stitch announced the rollout of Express In-person payments on Monday…</li><li><strong>Kenya Cybercrime Committee Identifies Mobile Money in 50% of Computer Fraud Cases</strong> — Following the INTERPOL cyberthreat assessment we tracked earlier this month—which flagged East Africa as a primary hub…</li><li><strong>Razorpay Launches Production Vulcan AI Foundation Model for Transaction Optimization</strong> — Razorpay has formally branded the specialized payments foundation model we covered earlier this summer as 'Vulcan,'…</li><li><strong>Safaricom Directs Merchants to Dedicated Business Tills to Curb Unauthorized Reversals</strong> — Safaricom issued an advisory on Monday clarifying its M-Pesa transaction reversal policy following merchant complaints…</li><li><strong>EAC Inaugurates Technical Working Groups to Implement Cross-Border Payment Masterplan</strong> — The East African Community (EAC) inaugurated three Technical Working Groups (TWGs) on Saturday, August 22, following a…</li><li><strong>SARS Releases Draft Guidance Clarifying Crypto Disposal Taxes for Merchants and Traders</strong> — The South African Revenue Service (SARS) published draft tax guidance on Tuesday, August 25, detailing the treatment of…</li><li><strong>Global Bank Ethiopia Invites Tenders for 9,000 Interoperable National Merchant QR Terminals</strong> — Global Bank Ethiopia issued a competitive local tender on Sunday, August 23, to procure 9,000 printed national QR-code…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:28 Blockradar Surpasses $1 Billion in Cumulative B2B Stablecoin Settlement Volume<br/>02:16 Stanbic Bank Ghana and Standard Bank Deploy Direct CIPS RMB Clearing Rails<br/>03:05 Stitch Launches Integrated Shopify POS and Omnichannel Terminal Rails in South…<br/>03:49 Kenya Cybercrime Committee Identifies Mobile Money in 50% of Computer Fraud Cas…<br/>04:44 Razorpay Launches Production Vulcan AI Foundation Model for Transaction Optimiz…<br/>05:37 Safaricom Directs Merchants to Dedicated Business Tills to Curb Unauthorized Re…<br/>06:33 EAC Inaugurates Technical Working Groups to Implement Cross-Border Payment Mast…<br/>07:15 SARS Releases Draft Guidance Clarifying Crypto Disposal Taxes for Merchants and…<br/>08:01 Global Bank Ethiopia Invites Tenders for 9,000 Interoperable National Merchant…<br/>08:40 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-25/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-25/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-25.mp3" length="4636514" type="audio/mpeg"/>
      <pubDate>Tue, 25 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The structural bypass of traditional correspondent banking is moving from fintech roadmaps into tier-1 commercial banking. Today's briefing details how direct PAPSS and CIPS integrations are eliminating US dollar dependencies for African me</itunes:subtitle>
      <itunes:summary>The structural bypass of traditional correspondent banking is moving from fintech roadmaps into tier-1 commercial banking. Today's briefing details how direct PAPSS and CIPS integrations are eliminating US dollar dependencies for African merchants, while cybercrime authorities step up enforcement at the mobile money endpoint.

In this episode:
• FirstBank Integrates PAPSS Across Digital Channels Following CBN FX Account Ruling
• Blockradar Surpasses $1 Billion in Cumulative B2B Stablecoin Settlement Volume
• Stanbic Bank Ghana and Standard Bank Deploy Direct CIPS RMB Clearing Rails
• Stitch Launches Integrated Shopify POS and Omnichannel Terminal Rails in South Africa
• Kenya Cybercrime Committee Identifies Mobile Money in 50% of Computer Fraud Cases
• Razorpay Launches Production Vulcan AI Foundation Model for Transaction Optimization
• Safaricom Directs Merchants to Dedicated Business Tills to Curb Unauthorized Reversals
• EAC Inaugurates Technical Working Groups to Implement Cross-Border Payment Masterplan
• SARS Releases Draft Guidance Clarifying Crypto Disposal Taxes for Merchants and Traders
• Global Bank Ethiopia Invites Tenders for 9,000 Interoperable National Merchant QR Terminals

Chapters:
00:00 Intro
01:28 Blockradar Surpasses $1 Billion in Cumulative B2B Stablecoin Settlement Volume
02:16 Stanbic Bank Ghana and Standard Bank Deploy Direct CIPS RMB Clearing Rails
03:05 Stitch Launches Integrated Shopify POS and Omnichannel Terminal Rails in South…
03:49 Kenya Cybercrime Committee Identifies Mobile Money in 50% of Computer Fraud Cas…
04:44 Razorpay Launches Production Vulcan AI Foundation Model for Transaction Optimiz…
05:37 Safaricom Directs Merchants to Dedicated Business Tills to Curb Unauthorized Re…
06:33 EAC Inaugurates Technical Working Groups to Implement Cross-Border Payment Mast…
07:15 SARS Releases Draft Guidance Clarifying Crypto Disposal Taxes for Merchants and…
08:01 Global Bank Ethiopia Invites Tenders for 9,000 Interoperable National Merchant…
08:40 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-25/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>54</itunes:episode>
      <itunes:title>Aug 25: FirstBank Integrates PAPSS Across Digital Channels Following CBN FX Account Ruling</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 24: Nigeria's Central Bank Targets Regional Dominance and Stablecoin Remittance Rails in PS…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-24/</link>
      <description>The technical toll of checkout friction across Sub-Saharan e-commerce is surfacing in hard conversion metrics today, just as a new wave of stablecoin orchestration protocols and direct network integrations begin to systematically bypass legacy correspondent banking rails.

In this episode:
• Nigeria's Central Bank Targets Regional Dominance and Stablecoin Remittance Rails in PSV 2028 Strategy
• Ecommerce Analysis Uncovers 68% Cart Abandonment in Kenya Driven by Checkout Friction
• Mastercard and Moniepoint Subsidiary TeamApt Partner for Direct Non-Bank Acquiring Across Africa
• CrissCross and Borderless Partner to Deliver Integrated Stablecoin Collections and Mobile Money FX
• Coinbase's x402 Payment Protocol Reaches 165 Million Automated USDC Transactions for AI Micro-Billing
• Central Bank of Somalia Expands Instant Payment System to Bridge Mobile Money and Banks
• Busha Business Partners with Tether to Expand SEC-Licensed Stablecoin Settlement Rails
• Interswitch Executive Discloses $100 Billion in Unlicensed Digital Asset Outflows from Nigeria
• Bank of China and Kenya Bankers Association Expand Direct RMB Settlement Corridor in Nairobi
• Dual ML Architecture Demonstrates 0.0068% False Positive Rate in Inline Intrusion Prevention

Chapters:
00:00 Intro
01:22 Ecommerce Analysis Uncovers 68% Cart Abandonment in Kenya Driven by Checkout Fr…
02:18 Mastercard and Moniepoint Subsidiary TeamApt Partner for Direct Non-Bank Acquir…
03:11 CrissCross and Borderless Partner to Deliver Integrated Stablecoin Collections…
04:08 Coinbase's x402 Payment Protocol Reaches 165 Million Automated USDC Transaction…
05:06 Central Bank of Somalia Expands Instant Payment System to Bridge Mobile Money a…
06:00 Busha Business Partners with Tether to Expand SEC-Licensed Stablecoin Settlemen…
06:51 Interswitch Executive Discloses $100 Billion in Unlicensed Digital Asset Outflo…
07:44 Bank of China and Kenya Bankers Association Expand Direct RMB Settlement Corrid…
08:35 Dual ML Architecture Demonstrates 0.0068% False Positive Rate in Inline Intrusi…
09:28 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-24/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The technical toll of checkout friction across Sub-Saharan e-commerce is surfacing in hard conversion metrics today, just as a new wave of stablecoin orchestration protocols and direct network integrations begin to systematically bypass legacy correspondent banking rails.</p><h3>In this episode</h3><ul><li><strong>Nigeria's Central Bank Targets Regional Dominance and Stablecoin Remittance Rails in PSV 2028 Strategy</strong> — As part of the Payments System Vision 2028 roadmap we've been tracking—which targets a reduction in Sub-Saharan…</li><li><strong>Ecommerce Analysis Uncovers 68% Cart Abandonment in Kenya Driven by Checkout Friction</strong> — A checkout analysis published on Sunday revealed that online merchants in Kenya face a 68% cart abandonment rate due to…</li><li><strong>Mastercard and Moniepoint Subsidiary TeamApt Partner for Direct Non-Bank Acquiring Across Africa</strong> — Following the Central Bank of Nigeria's recent move to upgrade Moniepoint's license to national status, its subsidiary…</li><li><strong>CrissCross and Borderless Partner to Deliver Integrated Stablecoin Collections and Mobile Money FX</strong> — Cross-border payment infrastructure provider CrissCross announced a strategic partnership with New York-based…</li><li><strong>Coinbase's x402 Payment Protocol Reaches 165 Million Automated USDC Transactions for AI Micro-Billing</strong> — Reports published on Sunday show Coinbase's x402 payment protocol has processed over 165 million transactions totaling…</li><li><strong>Central Bank of Somalia Expands Instant Payment System to Bridge Mobile Money and Banks</strong> — The Central Bank of Somalia announced on Monday the expansion of the Somalia Instant Payment System (SIPS) to achieve…</li><li><strong>Busha Business Partners with Tether to Expand SEC-Licensed Stablecoin Settlement Rails</strong> — SEC-licensed crypto platform Busha Business announced a partnership with Tether on Monday to deploy USDt stablecoin…</li><li><strong>Interswitch Executive Discloses $100 Billion in Unlicensed Digital Asset Outflows from Nigeria</strong> — Speaking at a industry event on Friday, Akeem Lawal, Divisional CEO of Interswitch's Payment Processing and Switching…</li><li><strong>Bank of China and Kenya Bankers Association Expand Direct RMB Settlement Corridor in Nairobi</strong> — Financial leaders convened in Nairobi for the Bank of China's 2026 roadshow to expand direct RMB cross-border payment…</li><li><strong>Dual ML Architecture Demonstrates 0.0068% False Positive Rate in Inline Intrusion Prevention</strong> — An IEEE research paper published on Sunday detailed a dual-machine learning architecture designed to eliminate false…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:22 Ecommerce Analysis Uncovers 68% Cart Abandonment in Kenya Driven by Checkout Fr…<br/>02:18 Mastercard and Moniepoint Subsidiary TeamApt Partner for Direct Non-Bank Acquir…<br/>03:11 CrissCross and Borderless Partner to Deliver Integrated Stablecoin Collections…<br/>04:08 Coinbase's x402 Payment Protocol Reaches 165 Million Automated USDC Transaction…<br/>05:06 Central Bank of Somalia Expands Instant Payment System to Bridge Mobile Money a…<br/>06:00 Busha Business Partners with Tether to Expand SEC-Licensed Stablecoin Settlemen…<br/>06:51 Interswitch Executive Discloses $100 Billion in Unlicensed Digital Asset Outflo…<br/>07:44 Bank of China and Kenya Bankers Association Expand Direct RMB Settlement Corrid…<br/>08:35 Dual ML Architecture Demonstrates 0.0068% False Positive Rate in Inline Intrusi…<br/>09:28 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-24/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-24/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-24.mp3" length="5208495" type="audio/mpeg"/>
      <pubDate>Mon, 24 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The technical toll of checkout friction across Sub-Saharan e-commerce is surfacing in hard conversion metrics today, just as a new wave of stablecoin orchestration protocols and direct network integrations begin to systematically bypass leg</itunes:subtitle>
      <itunes:summary>The technical toll of checkout friction across Sub-Saharan e-commerce is surfacing in hard conversion metrics today, just as a new wave of stablecoin orchestration protocols and direct network integrations begin to systematically bypass legacy correspondent banking rails.

In this episode:
• Nigeria's Central Bank Targets Regional Dominance and Stablecoin Remittance Rails in PSV 2028 Strategy
• Ecommerce Analysis Uncovers 68% Cart Abandonment in Kenya Driven by Checkout Friction
• Mastercard and Moniepoint Subsidiary TeamApt Partner for Direct Non-Bank Acquiring Across Africa
• CrissCross and Borderless Partner to Deliver Integrated Stablecoin Collections and Mobile Money FX
• Coinbase's x402 Payment Protocol Reaches 165 Million Automated USDC Transactions for AI Micro-Billing
• Central Bank of Somalia Expands Instant Payment System to Bridge Mobile Money and Banks
• Busha Business Partners with Tether to Expand SEC-Licensed Stablecoin Settlement Rails
• Interswitch Executive Discloses $100 Billion in Unlicensed Digital Asset Outflows from Nigeria
• Bank of China and Kenya Bankers Association Expand Direct RMB Settlement Corridor in Nairobi
• Dual ML Architecture Demonstrates 0.0068% False Positive Rate in Inline Intrusion Prevention

Chapters:
00:00 Intro
01:22 Ecommerce Analysis Uncovers 68% Cart Abandonment in Kenya Driven by Checkout Fr…
02:18 Mastercard and Moniepoint Subsidiary TeamApt Partner for Direct Non-Bank Acquir…
03:11 CrissCross and Borderless Partner to Deliver Integrated Stablecoin Collections…
04:08 Coinbase's x402 Payment Protocol Reaches 165 Million Automated USDC Transaction…
05:06 Central Bank of Somalia Expands Instant Payment System to Bridge Mobile Money a…
06:00 Busha Business Partners with Tether to Expand SEC-Licensed Stablecoin Settlemen…
06:51 Interswitch Executive Discloses $100 Billion in Unlicensed Digital Asset Outflo…
07:44 Bank of China and Kenya Bankers Association Expand Direct RMB Settlement Corrid…
08:35 Dual ML Architecture Demonstrates 0.0068% False Positive Rate in Inline Intrusi…
09:28 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-24/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>53</itunes:episode>
      <itunes:title>Aug 24: Nigeria's Central Bank Targets Regional Dominance and Stablecoin Remittance Rails in PS…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 23: Nigerian SEC Introduces N2 Billion Capital Rule and N30 Million Fee for Crypto Operators</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-23/</link>
      <description>African financial regulators are drawing harder lines around digital asset infrastructure. Today's briefing tracks a wave of concrete capital and ownership mandates materializing across Nigeria, Kenya, and Tanzania, alongside the ongoing push by regional merchants to bypass prohibitive correspondent banking fees.

In this episode:
• Nigerian SEC Introduces N2 Billion Capital Rule and N30 Million Fee for Crypto Operators
• Exorbitant Banking Fees Drive African Exporters into Informal Cash Networks Despite PAPSS Expansion
• Kenya Lifts 33% Foreign Ownership Cap on Crypto Firms in Final VASP Rules
• Bank of Tanzania Finalizes Comprehensive Regulatory Concept for Digital Asset Operations
• Legal Fragmentation and Contract Enforcement Delays Limit AfCFTA Trade Potential
• Operational Analysis Exposes Cost and Loop Risks in AI-Driven Dispute Handling
• Lagos Business School Forecasts Nigerian E-Commerce Market to Hit $16 Billion by 2030
• South African Legal Analysis Examines Forex Control Scrutiny on Kastelo's Crypto Model
• Bank of Ghana Moves to Validate Mobile Money Data for SME Credit Under Open Banking
• Visa Enrolls Hims &amp; Hers in Acquirer Monitoring Program Over High Subscription Dispute Rates

Chapters:
00:00 Intro
01:03 Exorbitant Banking Fees Drive African Exporters into Informal Cash Networks Des…
02:01 Kenya Lifts 33% Foreign Ownership Cap on Crypto Firms in Final VASP Rules
02:55 Bank of Tanzania Finalizes Comprehensive Regulatory Concept for Digital Asset O…
03:44 Legal Fragmentation and Contract Enforcement Delays Limit AfCFTA Trade Potential
04:34 Operational Analysis Exposes Cost and Loop Risks in AI-Driven Dispute Handling
05:24 Lagos Business School Forecasts Nigerian E-Commerce Market to Hit $16 Billion b…
06:07 South African Legal Analysis Examines Forex Control Scrutiny on Kastelo's Crypt…
06:48 Bank of Ghana Moves to Validate Mobile Money Data for SME Credit Under Open Ban…
07:30 Visa Enrolls Hims &amp; Hers in Acquirer Monitoring Program Over High Subscription…
08:11 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-23/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>African financial regulators are drawing harder lines around digital asset infrastructure. Today's briefing tracks a wave of concrete capital and ownership mandates materializing across Nigeria, Kenya, and Tanzania, alongside the ongoing push by regional merchants to bypass prohibitive correspondent banking fees.</p><h3>In this episode</h3><ul><li><strong>Nigerian SEC Introduces N2 Billion Capital Rule and N30 Million Fee for Crypto Operators</strong> — The Nigerian SEC has officially formalized the N2 billion minimum capital requirement for Digital Asset Exchanges and…</li><li><strong>Exorbitant Banking Fees Drive African Exporters into Informal Cash Networks Despite PAPSS Expansion</strong> — Reports published Saturday, August 22, highlight that West African cross-border merchants and Ghanaian exporters are…</li><li><strong>Kenya Lifts 33% Foreign Ownership Cap on Crypto Firms in Final VASP Rules</strong> — Following the Ksh300 million capital floor for stablecoin issuers we covered recently, Kenya's National Treasury has…</li><li><strong>Bank of Tanzania Finalizes Comprehensive Regulatory Concept for Digital Asset Operations</strong> — Tanzania's central bank has formally published the digital asset regulatory concept we noted it drafting earlier this…</li><li><strong>Legal Fragmentation and Contract Enforcement Delays Limit AfCFTA Trade Potential</strong> — A study cited by the Lagos Chamber of Commerce on Saturday, August 22, revealed that 65% of regional SMEs cite…</li><li><strong>Operational Analysis Exposes Cost and Loop Risks in AI-Driven Dispute Handling</strong> — An engineering analysis published Saturday, August 22, detailed the cost mechanics of deploying Large Language Models…</li><li><strong>Lagos Business School Forecasts Nigerian E-Commerce Market to Hit $16 Billion by 2030</strong> — A report published Saturday, August 22, by Lagos Business School projects Nigeria's e-commerce market will grow from $7…</li><li><strong>South African Legal Analysis Examines Forex Control Scrutiny on Kastelo's Crypto Model</strong> — Legal updates on Saturday, August 22, regarding the South African Reserve Bank's ongoing freezing of fintech Kastelo's…</li><li><strong>Bank of Ghana Moves to Validate Mobile Money Data for SME Credit Under Open Banking</strong> — At National ICT Week on Saturday, August 22, Bank of Ghana Second Deputy Governor Matilda Asante-Asiedu announced plans…</li><li><strong>Visa Enrolls Hims &amp; Hers in Acquirer Monitoring Program Over High Subscription Dispute Rates</strong> — Telehealth provider Hims &amp; Hers was placed into Visa's Acquirer Monitoring Program (VAMP) on Friday, August 21, after…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:03 Exorbitant Banking Fees Drive African Exporters into Informal Cash Networks Des…<br/>02:01 Kenya Lifts 33% Foreign Ownership Cap on Crypto Firms in Final VASP Rules<br/>02:55 Bank of Tanzania Finalizes Comprehensive Regulatory Concept for Digital Asset O…<br/>03:44 Legal Fragmentation and Contract Enforcement Delays Limit AfCFTA Trade Potential<br/>04:34 Operational Analysis Exposes Cost and Loop Risks in AI-Driven Dispute Handling<br/>05:24 Lagos Business School Forecasts Nigerian E-Commerce Market to Hit $16 Billion b…<br/>06:07 South African Legal Analysis Examines Forex Control Scrutiny on Kastelo's Crypt…<br/>06:48 Bank of Ghana Moves to Validate Mobile Money Data for SME Credit Under Open Ban…<br/>07:30 Visa Enrolls Hims &amp; Hers in Acquirer Monitoring Program Over High Subscription…<br/>08:11 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-23/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-23/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-23.mp3" length="4329134" type="audio/mpeg"/>
      <pubDate>Sun, 23 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>African financial regulators are drawing harder lines around digital asset infrastructure. Today's briefing tracks a wave of concrete capital and ownership mandates materializing across Nigeria, Kenya, and Tanzania, alongside the ongoing pu</itunes:subtitle>
      <itunes:summary>African financial regulators are drawing harder lines around digital asset infrastructure. Today's briefing tracks a wave of concrete capital and ownership mandates materializing across Nigeria, Kenya, and Tanzania, alongside the ongoing push by regional merchants to bypass prohibitive correspondent banking fees.

In this episode:
• Nigerian SEC Introduces N2 Billion Capital Rule and N30 Million Fee for Crypto Operators
• Exorbitant Banking Fees Drive African Exporters into Informal Cash Networks Despite PAPSS Expansion
• Kenya Lifts 33% Foreign Ownership Cap on Crypto Firms in Final VASP Rules
• Bank of Tanzania Finalizes Comprehensive Regulatory Concept for Digital Asset Operations
• Legal Fragmentation and Contract Enforcement Delays Limit AfCFTA Trade Potential
• Operational Analysis Exposes Cost and Loop Risks in AI-Driven Dispute Handling
• Lagos Business School Forecasts Nigerian E-Commerce Market to Hit $16 Billion by 2030
• South African Legal Analysis Examines Forex Control Scrutiny on Kastelo's Crypto Model
• Bank of Ghana Moves to Validate Mobile Money Data for SME Credit Under Open Banking
• Visa Enrolls Hims &amp; Hers in Acquirer Monitoring Program Over High Subscription Dispute Rates

Chapters:
00:00 Intro
01:03 Exorbitant Banking Fees Drive African Exporters into Informal Cash Networks Des…
02:01 Kenya Lifts 33% Foreign Ownership Cap on Crypto Firms in Final VASP Rules
02:55 Bank of Tanzania Finalizes Comprehensive Regulatory Concept for Digital Asset O…
03:44 Legal Fragmentation and Contract Enforcement Delays Limit AfCFTA Trade Potential
04:34 Operational Analysis Exposes Cost and Loop Risks in AI-Driven Dispute Handling
05:24 Lagos Business School Forecasts Nigerian E-Commerce Market to Hit $16 Billion b…
06:07 South African Legal Analysis Examines Forex Control Scrutiny on Kastelo's Crypt…
06:48 Bank of Ghana Moves to Validate Mobile Money Data for SME Credit Under Open Ban…
07:30 Visa Enrolls Hims &amp; Hers in Acquirer Monitoring Program Over High Subscription…
08:11 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-23/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>52</itunes:episode>
      <itunes:title>Aug 23: Nigerian SEC Introduces N2 Billion Capital Rule and N30 Million Fee for Crypto Operators</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 22: Exorbitant Cross-Border Bank Fees Force Ghanaian Exporters into Parallel Forex Markets</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-22/</link>
      <description>Across Sub-Saharan Africa, regulatory pressure is converging on digital settlement rails and cross-border currency flows. As central banks enforce new capital thresholds for stablecoins and manage persistent FX backlogs, regional merchants are increasingly routing around formal banking infrastructure entirely.

In this episode:
• Exorbitant Cross-Border Bank Fees Force Ghanaian Exporters into Parallel Forex Markets
• Central Bank of Kenya Enforces Legal Notice 134 Mandating Ksh300M Capital for Stablecoins
• Central Bank of Nigeria Outlines PSV 2028 Strategy and Opens VASP Sandbox Cohort 2
• Nigerian FX Reserves Reach $52.5B as Parallel Market Spread Narrows to Two Percent
• Ericsson and MTN Complete Cloud-Native MoMo Platform Migration Across Four Markets
• PawaPay Hits Three Billion Mobile Money Transactions as Merchant Payments Surge 42%
• Security Audit Uncovers 50,000 Exposed Stripe API Keys Across Public Code Repositories
• Blockradar Reaches $1 Billion Cumulative Stablecoin Volume for B2B Enterprise Rails
• Global Tier-1 Banks Deploy Ant International's FalconTST 2.0 AI Model for FX Forecasting
• Ghana SEC Expands Virtual Asset Sandbox to 20 Firms Testing Tokenized T-Bills and Trade Finance
• Visa, Onafriq, and _able Launch Visa Flex Credential Across CEMEA Card Networks
• Citi Appoints JPMorgan Veteran Andre Ross to Lead South African Corporate Banking Franchise

Chapters:
00:00 Intro
01:32 Central Bank of Kenya Enforces Legal Notice 134 Mandating Ksh300M Capital for S…
02:26 Central Bank of Nigeria Outlines PSV 2028 Strategy and Opens VASP Sandbox Cohor…
03:22 Nigerian FX Reserves Reach $52.5B as Parallel Market Spread Narrows to Two Perc…
04:16 Ericsson and MTN Complete Cloud-Native MoMo Platform Migration Across Four Mark…
05:08 PawaPay Hits Three Billion Mobile Money Transactions as Merchant Payments Surge…
06:01 Security Audit Uncovers 50,000 Exposed Stripe API Keys Across Public Code Repos…
06:53 Blockradar Reaches $1 Billion Cumulative Stablecoin Volume for B2B Enterprise R…
07:44 Global Tier-1 Banks Deploy Ant International's FalconTST 2.0 AI Model for FX Fo…
08:27 Ghana SEC Expands Virtual Asset Sandbox to 20 Firms Testing Tokenized T-Bills a…
09:11 Visa, Onafriq, and _able Launch Visa Flex Credential Across CEMEA Card Networks
09:55 Citi Appoints JPMorgan Veteran Andre Ross to Lead South African Corporate Banki…
10:35 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-22/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Across Sub-Saharan Africa, regulatory pressure is converging on digital settlement rails and cross-border currency flows. As central banks enforce new capital thresholds for stablecoins and manage persistent FX backlogs, regional merchants are increasingly routing around formal banking infrastructure entirely.</p><h3>In this episode</h3><ul><li><strong>Exorbitant Cross-Border Bank Fees Force Ghanaian Exporters into Parallel Forex Markets</strong> — On Friday, August 21, reports surfaced that Ghanaian exporter Amanex Company Limited faced routine account flags and…</li><li><strong>Central Bank of Kenya Enforces Legal Notice 134 Mandating Ksh300M Capital for Stablecoins</strong> — Following the Ksh300 million ($2.3 million) minimum capital threshold and Legal Notice gazetting we've been tracking…</li><li><strong>Central Bank of Nigeria Outlines PSV 2028 Strategy and Opens VASP Sandbox Cohort 2</strong> — In updates published on Saturday, August 22, the Central Bank of Nigeria detailed its Payments System Vision (PSV) 2028…</li><li><strong>Nigerian FX Reserves Reach $52.5B as Parallel Market Spread Narrows to Two Percent</strong> — Building on the recent Central Bank SLF policy shifts that narrowed the parallel market spread below 2%, CBN Acting…</li><li><strong>Ericsson and MTN Complete Cloud-Native MoMo Platform Migration Across Four Markets</strong> — Ericsson and MTN Group Fintech announced on Friday, August 21, the completion of their Mobile Money Evolved migration…</li><li><strong>PawaPay Hits Three Billion Mobile Money Transactions as Merchant Payments Surge 42%</strong> — Payment aggregator PawaPay announced on Saturday, August 22, that its API infrastructure has processed over three…</li><li><strong>Security Audit Uncovers 50,000 Exposed Stripe API Keys Across Public Code Repositories</strong> — A cybersecurity assessment published by Ransomnews researchers on Thursday, August 20, identified over 50,000 active…</li><li><strong>Blockradar Reaches $1 Billion Cumulative Stablecoin Volume for B2B Enterprise Rails</strong> — Nigerian B2B wallet infrastructure provider Blockradar announced on Friday, August 21, that its cumulative transaction…</li><li><strong>Global Tier-1 Banks Deploy Ant International's FalconTST 2.0 AI Model for FX Forecasting</strong> — On Friday, August 21, Ant International deployed its Falcon Time-Series Transformer (TST) 2.0 AI model across major…</li><li><strong>Ghana SEC Expands Virtual Asset Sandbox to 20 Firms Testing Tokenized T-Bills and Trade Finance</strong> — Ghana's Securities and Exchange Commission expanded its Virtual Asset Regulatory Sandbox on Wednesday, August 19…</li><li><strong>Visa, Onafriq, and _able Launch Visa Flex Credential Across CEMEA Card Networks</strong> — Visa announced a regional partnership on Friday, August 21, with pan-African payment processor Onafriq and credit…</li><li><strong>Citi Appoints JPMorgan Veteran Andre Ross to Lead South African Corporate Banking Franchise</strong> — Citi announced on Friday, August 21, the appointment of former JPMorgan executive Andre Ross as Chief Country Officer…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:32 Central Bank of Kenya Enforces Legal Notice 134 Mandating Ksh300M Capital for S…<br/>02:26 Central Bank of Nigeria Outlines PSV 2028 Strategy and Opens VASP Sandbox Cohor…<br/>03:22 Nigerian FX Reserves Reach $52.5B as Parallel Market Spread Narrows to Two Perc…<br/>04:16 Ericsson and MTN Complete Cloud-Native MoMo Platform Migration Across Four Mark…<br/>05:08 PawaPay Hits Three Billion Mobile Money Transactions as Merchant Payments Surge…<br/>06:01 Security Audit Uncovers 50,000 Exposed Stripe API Keys Across Public Code Repos…<br/>06:53 Blockradar Reaches $1 Billion Cumulative Stablecoin Volume for B2B Enterprise R…<br/>07:44 Global Tier-1 Banks Deploy Ant International's FalconTST 2.0 AI Model for FX Fo…<br/>08:27 Ghana SEC Expands Virtual Asset Sandbox to 20 Firms Testing Tokenized T-Bills a…<br/>09:11 Visa, Onafriq, and _able Launch Visa Flex Credential Across CEMEA Card Networks<br/>09:55 Citi Appoints JPMorgan Veteran Andre Ross to Lead South African Corporate Banki…<br/>10:35 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-22/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-22/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-22.mp3" length="5656535" type="audio/mpeg"/>
      <pubDate>Sat, 22 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Across Sub-Saharan Africa, regulatory pressure is converging on digital settlement rails and cross-border currency flows. As central banks enforce new capital thresholds for stablecoins and manage persistent FX backlogs, regional merchants </itunes:subtitle>
      <itunes:summary>Across Sub-Saharan Africa, regulatory pressure is converging on digital settlement rails and cross-border currency flows. As central banks enforce new capital thresholds for stablecoins and manage persistent FX backlogs, regional merchants are increasingly routing around formal banking infrastructure entirely.

In this episode:
• Exorbitant Cross-Border Bank Fees Force Ghanaian Exporters into Parallel Forex Markets
• Central Bank of Kenya Enforces Legal Notice 134 Mandating Ksh300M Capital for Stablecoins
• Central Bank of Nigeria Outlines PSV 2028 Strategy and Opens VASP Sandbox Cohort 2
• Nigerian FX Reserves Reach $52.5B as Parallel Market Spread Narrows to Two Percent
• Ericsson and MTN Complete Cloud-Native MoMo Platform Migration Across Four Markets
• PawaPay Hits Three Billion Mobile Money Transactions as Merchant Payments Surge 42%
• Security Audit Uncovers 50,000 Exposed Stripe API Keys Across Public Code Repositories
• Blockradar Reaches $1 Billion Cumulative Stablecoin Volume for B2B Enterprise Rails
• Global Tier-1 Banks Deploy Ant International's FalconTST 2.0 AI Model for FX Forecasting
• Ghana SEC Expands Virtual Asset Sandbox to 20 Firms Testing Tokenized T-Bills and Trade Finance
• Visa, Onafriq, and _able Launch Visa Flex Credential Across CEMEA Card Networks
• Citi Appoints JPMorgan Veteran Andre Ross to Lead South African Corporate Banking Franchise

Chapters:
00:00 Intro
01:32 Central Bank of Kenya Enforces Legal Notice 134 Mandating Ksh300M Capital for S…
02:26 Central Bank of Nigeria Outlines PSV 2028 Strategy and Opens VASP Sandbox Cohor…
03:22 Nigerian FX Reserves Reach $52.5B as Parallel Market Spread Narrows to Two Perc…
04:16 Ericsson and MTN Complete Cloud-Native MoMo Platform Migration Across Four Mark…
05:08 PawaPay Hits Three Billion Mobile Money Transactions as Merchant Payments Surge…
06:01 Security Audit Uncovers 50,000 Exposed Stripe API Keys Across Public Code Repos…
06:53 Blockradar Reaches $1 Billion Cumulative Stablecoin Volume for B2B Enterprise R…
07:44 Global Tier-1 Banks Deploy Ant International's FalconTST 2.0 AI Model for FX Fo…
08:27 Ghana SEC Expands Virtual Asset Sandbox to 20 Firms Testing Tokenized T-Bills a…
09:11 Visa, Onafriq, and _able Launch Visa Flex Credential Across CEMEA Card Networks
09:55 Citi Appoints JPMorgan Veteran Andre Ross to Lead South African Corporate Banki…
10:35 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-22/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>51</itunes:episode>
      <itunes:title>Aug 22: Exorbitant Cross-Border Bank Fees Force Ghanaian Exporters into Parallel Forex Markets</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 21: Gauteng High Court Upholds SARB's Freezing of Kastelo's Accounts Over R4 Billion FX Model</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-21/</link>
      <description>The physical limits of data sovereignty are colliding with reality in West Africa, where a looming 2027 localization mandate is forcing Nigerian payment processors into a scramble for local hardware. Further south, the South African Reserve Bank's aggressive enforcement against cross-border crypto arbitrage has just secured a major court validation.

In this episode:
• Gauteng High Court Upholds SARB's Freezing of Kastelo's Accounts Over R4 Billion FX Model
• Nigerian Financial Operators Accelerate Migration Plans Ahead of 2027 Onshore Data Mandate
• OPay Unveils Proprietary Real-Time AML Risk Engine Processing 5,000 Monitoring Rules
• Safaricom Connects Fuliza Overdraft Facility to M-Pesa GlobalPay Virtual Visa Cards
• Mastercard Completes $1.8B BVNK Acquisition as Visa Issues RFP for Stablecoin Partner
• Stripe Releases Adaptive Checkout using Machine Learning to Dynamically Rank Payment Stack
• NGX CEO Urges Policy Mandate to Compel Major Nigerian Fintechs to List Locally
• Entersekt Report Calls for Continuous Authentication as South African Banks Face AI Fraud
• Yellow Card Expands Compliance Infrastructure and NFIU Reporting Following $40M Raise
• Nigeria Revenue Service Clarifies Tax Rules and Record Mandates for Crypto Operators
• Tax Appeals Tribunal Rules Against KRA in KSh15.7M Missing Trader VAT Dispute

Chapters:
00:00 Intro
01:07 Nigerian Financial Operators Accelerate Migration Plans Ahead of 2027 Onshore D…
01:57 OPay Unveils Proprietary Real-Time AML Risk Engine Processing 5,000 Monitoring…
02:45 Safaricom Connects Fuliza Overdraft Facility to M-Pesa GlobalPay Virtual Visa C…
03:34 Mastercard Completes $1.8B BVNK Acquisition as Visa Issues RFP for Stablecoin P…
04:23 Stripe Releases Adaptive Checkout using Machine Learning to Dynamically Rank Pa…
05:07 NGX CEO Urges Policy Mandate to Compel Major Nigerian Fintechs to List Locally
05:54 Entersekt Report Calls for Continuous Authentication as South African Banks Fac…
06:46 Yellow Card Expands Compliance Infrastructure and NFIU Reporting Following $40M…
07:34 Nigeria Revenue Service Clarifies Tax Rules and Record Mandates for Crypto Oper…
08:18 Tax Appeals Tribunal Rules Against KRA in KSh15.7M Missing Trader VAT Dispute
09:07 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-21/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The physical limits of data sovereignty are colliding with reality in West Africa, where a looming 2027 localization mandate is forcing Nigerian payment processors into a scramble for local hardware. Further south, the South African Reserve Bank's aggressive enforcement against cross-border crypto arbitrage has just secured a major court validation.</p><h3>In this episode</h3><ul><li><strong>Gauteng High Court Upholds SARB's Freezing of Kastelo's Accounts Over R4 Billion FX Model</strong> — A Gauteng High Court ruling delivered on Tuesday, July 28, affirmed that the South African Reserve Bank's (SARB)…</li><li><strong>Nigerian Financial Operators Accelerate Migration Plans Ahead of 2027 Onshore Data Mandate</strong> — As we've tracked since the Central Bank of Nigeria first announced its January 2027 onshore data localization mandate…</li><li><strong>OPay Unveils Proprietary Real-Time AML Risk Engine Processing 5,000 Monitoring Rules</strong> — OPay continues to detail the AI fraud architecture we covered earlier this summer, deploying an in-house transaction…</li><li><strong>Safaricom Connects Fuliza Overdraft Facility to M-Pesa GlobalPay Virtual Visa Cards</strong> — Safaricom, in partnership with NCBA Bank and KCB Group, has enabled its Fuliza overdraft service on the M-Pesa…</li><li><strong>Mastercard Completes $1.8B BVNK Acquisition as Visa Issues RFP for Stablecoin Partner</strong> — Following Mastercard's acquisition of stablecoin infrastructure provider BVNK on August 3 for up to $1.8 billion, rival…</li><li><strong>Stripe Releases Adaptive Checkout using Machine Learning to Dynamically Rank Payment Stack</strong> — Stripe's Adaptive Checkout feature, which we noted during its beta rollout earlier this month, has reached general…</li><li><strong>NGX CEO Urges Policy Mandate to Compel Major Nigerian Fintechs to List Locally</strong> — Temi Popoola, CEO of the Nigerian Exchange Group (NGX), formally appealed to President Bola Tinubu to consider…</li><li><strong>Entersekt Report Calls for Continuous Authentication as South African Banks Face AI Fraud</strong> — Following yesterday's SAFPS data showing a massive spike in South African vishing attacks, a new Entersekt and ACFE…</li><li><strong>Yellow Card Expands Compliance Infrastructure and NFIU Reporting Following $40M Raise</strong> — Following the $40 million Series C and enterprise B2B pivot we tracked earlier this month, Yellow Card is detailing the…</li><li><strong>Nigeria Revenue Service Clarifies Tax Rules and Record Mandates for Crypto Operators</strong> — Expanding on the 1.5 percent stamp duty and TIN-collection mandates we covered throughout July, the Nigeria Revenue…</li><li><strong>Tax Appeals Tribunal Rules Against KRA in KSh15.7M Missing Trader VAT Dispute</strong> — Kenya's Tax Appeals Tribunal set aside a KSh15.76 million VAT assessment levied by the Kenya Revenue Authority (KRA)…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:07 Nigerian Financial Operators Accelerate Migration Plans Ahead of 2027 Onshore D…<br/>01:57 OPay Unveils Proprietary Real-Time AML Risk Engine Processing 5,000 Monitoring…<br/>02:45 Safaricom Connects Fuliza Overdraft Facility to M-Pesa GlobalPay Virtual Visa C…<br/>03:34 Mastercard Completes $1.8B BVNK Acquisition as Visa Issues RFP for Stablecoin P…<br/>04:23 Stripe Releases Adaptive Checkout using Machine Learning to Dynamically Rank Pa…<br/>05:07 NGX CEO Urges Policy Mandate to Compel Major Nigerian Fintechs to List Locally<br/>05:54 Entersekt Report Calls for Continuous Authentication as South African Banks Fac…<br/>06:46 Yellow Card Expands Compliance Infrastructure and NFIU Reporting Following $40M…<br/>07:34 Nigeria Revenue Service Clarifies Tax Rules and Record Mandates for Crypto Oper…<br/>08:18 Tax Appeals Tribunal Rules Against KRA in KSh15.7M Missing Trader VAT Dispute<br/>09:07 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-21/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-21/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-21.mp3" length="4789912" type="audio/mpeg"/>
      <pubDate>Fri, 21 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The physical limits of data sovereignty are colliding with reality in West Africa, where a looming 2027 localization mandate is forcing Nigerian payment processors into a scramble for local hardware. Further south, the South African Reserve</itunes:subtitle>
      <itunes:summary>The physical limits of data sovereignty are colliding with reality in West Africa, where a looming 2027 localization mandate is forcing Nigerian payment processors into a scramble for local hardware. Further south, the South African Reserve Bank's aggressive enforcement against cross-border crypto arbitrage has just secured a major court validation.

In this episode:
• Gauteng High Court Upholds SARB's Freezing of Kastelo's Accounts Over R4 Billion FX Model
• Nigerian Financial Operators Accelerate Migration Plans Ahead of 2027 Onshore Data Mandate
• OPay Unveils Proprietary Real-Time AML Risk Engine Processing 5,000 Monitoring Rules
• Safaricom Connects Fuliza Overdraft Facility to M-Pesa GlobalPay Virtual Visa Cards
• Mastercard Completes $1.8B BVNK Acquisition as Visa Issues RFP for Stablecoin Partner
• Stripe Releases Adaptive Checkout using Machine Learning to Dynamically Rank Payment Stack
• NGX CEO Urges Policy Mandate to Compel Major Nigerian Fintechs to List Locally
• Entersekt Report Calls for Continuous Authentication as South African Banks Face AI Fraud
• Yellow Card Expands Compliance Infrastructure and NFIU Reporting Following $40M Raise
• Nigeria Revenue Service Clarifies Tax Rules and Record Mandates for Crypto Operators
• Tax Appeals Tribunal Rules Against KRA in KSh15.7M Missing Trader VAT Dispute

Chapters:
00:00 Intro
01:07 Nigerian Financial Operators Accelerate Migration Plans Ahead of 2027 Onshore D…
01:57 OPay Unveils Proprietary Real-Time AML Risk Engine Processing 5,000 Monitoring…
02:45 Safaricom Connects Fuliza Overdraft Facility to M-Pesa GlobalPay Virtual Visa C…
03:34 Mastercard Completes $1.8B BVNK Acquisition as Visa Issues RFP for Stablecoin P…
04:23 Stripe Releases Adaptive Checkout using Machine Learning to Dynamically Rank Pa…
05:07 NGX CEO Urges Policy Mandate to Compel Major Nigerian Fintechs to List Locally
05:54 Entersekt Report Calls for Continuous Authentication as South African Banks Fac…
06:46 Yellow Card Expands Compliance Infrastructure and NFIU Reporting Following $40M…
07:34 Nigeria Revenue Service Clarifies Tax Rules and Record Mandates for Crypto Oper…
08:18 Tax Appeals Tribunal Rules Against KRA in KSh15.7M Missing Trader VAT Dispute
09:07 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-21/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>50</itunes:episode>
      <itunes:title>Aug 21: Gauteng High Court Upholds SARB's Freezing of Kastelo's Accounts Over R4 Billion FX Model</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 20: Standard Bank Explores Stake in OPay Ahead of Potential $4 Billion US IPO</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-20/</link>
      <description>Standard Bank's push to build direct cross-border clearing channels is evolving into a massive structural play: the banking group is reportedly exploring an equity stake in OPay ahead of the Nigerian fintech's potential $4 billion US IPO. Elsewhere, fresh empirical data out of Italy quantifies exactly where stablecoin settlement friction actually lies.

In this episode:
• Standard Bank Explores Stake in OPay Ahead of Potential $4 Billion US IPO
• UnionPay and Standard Bank Expand E-Commerce Acceptance Across Nine African Markets
• Bank of Italy Study Identifies Fiat Ramps as Primary Cost Bottleneck in Stablecoin Transfers
• CBN Mandates October Deadline for Infrastructure and Risk System Upgrades Across Nigerian PSPs
• Interswitch Reports Gross Revenue Surge to N137.5 Billion Driven by Switching Volume
• SARS Replaces Interpretation Note 31 to Tighten Zero-Rating VAT Proof for Exporters
• SAFPS Data Shows R7.44 Billion Saved as Vishing and Money Mule Attacks Surge in South Africa
• Manufacturers Association Urges CBN to Clear Matured Forex Forwards Backlog
• Burundi Targets December 2026 EAPS Integration Following RTGS and BurundiPay Upgrades
• Ezeebit Integrates ZARU to Expand Localized Digital Asset Acceptance for South African Merchants
• Rain Scales Invisible Stablecoin Backend Across 100,000 Merchant Outlets via Visa
• UKI Uganda Leverages Equity Bank Multi-Country Network to Bypass Third-Party Intermediaries

Chapters:
00:00 Intro
01:13 UnionPay and Standard Bank Expand E-Commerce Acceptance Across Nine African Mar…
01:58 Bank of Italy Study Identifies Fiat Ramps as Primary Cost Bottleneck in Stablec…
02:47 CBN Mandates October Deadline for Infrastructure and Risk System Upgrades Acros…
03:33 Interswitch Reports Gross Revenue Surge to N137.5 Billion Driven by Switching V…
04:14 SARS Replaces Interpretation Note 31 to Tighten Zero-Rating VAT Proof for Expor…
04:58 SAFPS Data Shows R7.44 Billion Saved as Vishing and Money Mule Attacks Surge in…
05:40 Manufacturers Association Urges CBN to Clear Matured Forex Forwards Backlog
06:18 Burundi Targets December 2026 EAPS Integration Following RTGS and BurundiPay Up…
06:58 Ezeebit Integrates ZARU to Expand Localized Digital Asset Acceptance for South…
07:37 Rain Scales Invisible Stablecoin Backend Across 100,000 Merchant Outlets via Vi…
08:15 UKI Uganda Leverages Equity Bank Multi-Country Network to Bypass Third-Party In…
08:55 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-20/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Standard Bank's push to build direct cross-border clearing channels is evolving into a massive structural play: the banking group is reportedly exploring an equity stake in OPay ahead of the Nigerian fintech's potential $4 billion US IPO. Elsewhere, fresh empirical data out of Italy quantifies exactly where stablecoin settlement friction actually lies.</p><h3>In this episode</h3><ul><li><strong>Standard Bank Explores Stake in OPay Ahead of Potential $4 Billion US IPO</strong> — Standard Bank Group is in preliminary discussions to acquire an equity stake in Nigerian payment giant OPay.</li><li><strong>UnionPay and Standard Bank Expand E-Commerce Acceptance Across Nine African Markets</strong> — Standard Bank is further deepening its Asian commerce infrastructure—a strategy we've followed through its direct RMB…</li><li><strong>Bank of Italy Study Identifies Fiat Ramps as Primary Cost Bottleneck in Stablecoin Transfers</strong> — A study published Wednesday by the Bank of Italy analyzing real-world 200 USDC cross-border transfers found total…</li><li><strong>CBN Mandates October Deadline for Infrastructure and Risk System Upgrades Across Nigerian PSPs</strong> — The Central Bank of Nigeria is tightening technical requirements for the country's payment sector.</li><li><strong>Interswitch Reports Gross Revenue Surge to N137.5 Billion Driven by Switching Volume</strong> — Financial disclosures published Wednesday show Interswitch's annual gross revenue reached N137.5 billion, representing…</li><li><strong>SARS Replaces Interpretation Note 31 to Tighten Zero-Rating VAT Proof for Exporters</strong> — South Africa's revenue authority continues to systematically tighten transaction oversight.</li><li><strong>SAFPS Data Shows R7.44 Billion Saved as Vishing and Money Mule Attacks Surge in South Africa</strong> — The Southern African Fraud Prevention Service reported on Tuesday that shared database screening saved member financial…</li><li><strong>Manufacturers Association Urges CBN to Clear Matured Forex Forwards Backlog</strong> — The Manufacturers Association of Nigeria issued a statement on Tuesday appealing to the Central Bank of Nigeria to…</li><li><strong>Burundi Targets December 2026 EAPS Integration Following RTGS and BurundiPay Upgrades</strong> — The Bank of the Republic of Burundi committed on Friday to completing its technical link to the East African Payment…</li><li><strong>Ezeebit Integrates ZARU to Expand Localized Digital Asset Acceptance for South African Merchants</strong> — Payment processor Ezeebit integrated ZAR Universal Network (ZARU) into its gateway stack on Wednesday, enabling South…</li><li><strong>Rain Scales Invisible Stablecoin Backend Across 100,000 Merchant Outlets via Visa</strong> — Fintech infrastructure provider Rain announced on Wednesday that its stablecoin backend is now processing transactions…</li><li><strong>UKI Uganda Leverages Equity Bank Multi-Country Network to Bypass Third-Party Intermediaries</strong> — Ugandan manufacturer UKI Uganda Limited established direct collection account structures across Equity Bank's operating…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:13 UnionPay and Standard Bank Expand E-Commerce Acceptance Across Nine African Mar…<br/>01:58 Bank of Italy Study Identifies Fiat Ramps as Primary Cost Bottleneck in Stablec…<br/>02:47 CBN Mandates October Deadline for Infrastructure and Risk System Upgrades Acros…<br/>03:33 Interswitch Reports Gross Revenue Surge to N137.5 Billion Driven by Switching V…<br/>04:14 SARS Replaces Interpretation Note 31 to Tighten Zero-Rating VAT Proof for Expor…<br/>04:58 SAFPS Data Shows R7.44 Billion Saved as Vishing and Money Mule Attacks Surge in…<br/>05:40 Manufacturers Association Urges CBN to Clear Matured Forex Forwards Backlog<br/>06:18 Burundi Targets December 2026 EAPS Integration Following RTGS and BurundiPay Up…<br/>06:58 Ezeebit Integrates ZARU to Expand Localized Digital Asset Acceptance for South…<br/>07:37 Rain Scales Invisible Stablecoin Backend Across 100,000 Merchant Outlets via Vi…<br/>08:15 UKI Uganda Leverages Equity Bank Multi-Country Network to Bypass Third-Party In…<br/>08:55 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-20/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-20/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-20.mp3" length="4827204" type="audio/mpeg"/>
      <pubDate>Thu, 20 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Standard Bank's push to build direct cross-border clearing channels is evolving into a massive structural play: the banking group is reportedly exploring an equity stake in OPay ahead of the Nigerian fintech's potential $4 billion US IPO. E</itunes:subtitle>
      <itunes:summary>Standard Bank's push to build direct cross-border clearing channels is evolving into a massive structural play: the banking group is reportedly exploring an equity stake in OPay ahead of the Nigerian fintech's potential $4 billion US IPO. Elsewhere, fresh empirical data out of Italy quantifies exactly where stablecoin settlement friction actually lies.

In this episode:
• Standard Bank Explores Stake in OPay Ahead of Potential $4 Billion US IPO
• UnionPay and Standard Bank Expand E-Commerce Acceptance Across Nine African Markets
• Bank of Italy Study Identifies Fiat Ramps as Primary Cost Bottleneck in Stablecoin Transfers
• CBN Mandates October Deadline for Infrastructure and Risk System Upgrades Across Nigerian PSPs
• Interswitch Reports Gross Revenue Surge to N137.5 Billion Driven by Switching Volume
• SARS Replaces Interpretation Note 31 to Tighten Zero-Rating VAT Proof for Exporters
• SAFPS Data Shows R7.44 Billion Saved as Vishing and Money Mule Attacks Surge in South Africa
• Manufacturers Association Urges CBN to Clear Matured Forex Forwards Backlog
• Burundi Targets December 2026 EAPS Integration Following RTGS and BurundiPay Upgrades
• Ezeebit Integrates ZARU to Expand Localized Digital Asset Acceptance for South African Merchants
• Rain Scales Invisible Stablecoin Backend Across 100,000 Merchant Outlets via Visa
• UKI Uganda Leverages Equity Bank Multi-Country Network to Bypass Third-Party Intermediaries

Chapters:
00:00 Intro
01:13 UnionPay and Standard Bank Expand E-Commerce Acceptance Across Nine African Mar…
01:58 Bank of Italy Study Identifies Fiat Ramps as Primary Cost Bottleneck in Stablec…
02:47 CBN Mandates October Deadline for Infrastructure and Risk System Upgrades Acros…
03:33 Interswitch Reports Gross Revenue Surge to N137.5 Billion Driven by Switching V…
04:14 SARS Replaces Interpretation Note 31 to Tighten Zero-Rating VAT Proof for Expor…
04:58 SAFPS Data Shows R7.44 Billion Saved as Vishing and Money Mule Attacks Surge in…
05:40 Manufacturers Association Urges CBN to Clear Matured Forex Forwards Backlog
06:18 Burundi Targets December 2026 EAPS Integration Following RTGS and BurundiPay Up…
06:58 Ezeebit Integrates ZARU to Expand Localized Digital Asset Acceptance for South…
07:37 Rain Scales Invisible Stablecoin Backend Across 100,000 Merchant Outlets via Vi…
08:15 UKI Uganda Leverages Equity Bank Multi-Country Network to Bypass Third-Party In…
08:55 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-20/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>49</itunes:episode>
      <itunes:title>Aug 20: Standard Bank Explores Stake in OPay Ahead of Potential $4 Billion US IPO</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 19: Borderless.xyz Integrates CrissCross to Scale Direct Mobile Money and Bank Payouts</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-19/</link>
      <description>Today on The Settlement Layer: international payment operators are suspending specific money transfers into Kenya following FATF grey-list pressures, while South African tax authorities propose near real-time digital VAT auditing. In the infrastructure stack, AWS is officially arming autonomous AI agents with spend-capped wallets, and Nigerian FX liquidity is surging following the removal of borrowing caps.

In this episode:
• Borderless.xyz Integrates CrissCross to Scale Direct Mobile Money and Bank Payouts
• Global Platforms Throttle Kenya Cross-Border Transfers Over FATF AML Pressures
• Afriex Secures Global Innovations Bank Sponsorship for Cross-Border B2B Rails
• SARS Modernisation 3.0 Proposals Target Near Real-Time Digital VAT Reporting
• Naira Rebounds to N1,349 as Central Bank SLF Policy Shift Unlocks Spot FX Liquidity
• AWS Releases Bedrock AgentCore Payments for Autonomous Micropayments
• Payment Networks and Hyperscalers Launch Agentic Payments Alliance
• NCBA Cuts PesaLink Transfer Fees to Flat KSh 20 Under Interbank Push
• Mauritius FSC Publishes Stablecoin Regulatory Guidance Framework
• OPay Upgrades Risk Engine with 5,000 Real-Time Rules and Liveness Detection
• High Court Dismisses Kastelo Appeal in SARB R4B Exchange Control Freeze Case
• Central Bank of Kenya Expands Staffing to Speed VASP Application Vetting

Chapters:
00:00 Intro
00:54 Global Platforms Throttle Kenya Cross-Border Transfers Over FATF AML Pressures
01:27 Afriex Secures Global Innovations Bank Sponsorship for Cross-Border B2B Rails
01:57 SARS Modernisation 3.0 Proposals Target Near Real-Time Digital VAT Reporting
03:02 AWS Releases Bedrock AgentCore Payments for Autonomous Micropayments
03:37 Payment Networks and Hyperscalers Launch Agentic Payments Alliance
04:07 NCBA Cuts PesaLink Transfer Fees to Flat KSh 20 Under Interbank Push
04:41 Mauritius FSC Publishes Stablecoin Regulatory Guidance Framework
05:42 High Court Dismisses Kastelo Appeal in SARB R4B Exchange Control Freeze Case
06:13 Central Bank of Kenya Expands Staffing to Speed VASP Application Vetting
06:44 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-19/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: international payment operators are suspending specific money transfers into Kenya following FATF grey-list pressures, while South African tax authorities propose near real-time digital VAT auditing. In the infrastructure stack, AWS is officially arming autonomous AI agents with spend-capped wallets, and Nigerian FX liquidity is surging following the removal of borrowing caps.</p><h3>In this episode</h3><ul><li><strong>Borderless.xyz Integrates CrissCross to Scale Direct Mobile Money and Bank Payouts</strong> — Stablecoin orchestration platform Borderless.xyz announced Tuesday that it integrated CrissCross as a Partner Financial…</li><li><strong>Global Platforms Throttle Kenya Cross-Border Transfers Over FATF AML Pressures</strong> — International payment operators including Sendwave, Wise, and Hurupay have restricted or suspended specific money…</li><li><strong>Afriex Secures Global Innovations Bank Sponsorship for Cross-Border B2B Rails</strong> — Cross-border fintech Afriex finalized a sponsor and settlement banking agreement with Global Innovations Bank on Monday.</li><li><strong>SARS Modernisation 3.0 Proposals Target Near Real-Time Digital VAT Reporting</strong> — The South African Revenue Service opened public consultation on Tuesday for its Modernisation 3.0 Digital VAT Model.</li><li><strong>Naira Rebounds to N1,349 as Central Bank SLF Policy Shift Unlocks Spot FX Liquidity</strong> — As we've tracked the stabilizing liquidity in Nigeria's official FX market, the Central Bank's recent removal of…</li><li><strong>AWS Releases Bedrock AgentCore Payments for Autonomous Micropayments</strong> — Following AWS's recent shift of developers toward its new 'AgentCore' framework, the cloud provider announced the…</li><li><strong>Payment Networks and Hyperscalers Launch Agentic Payments Alliance</strong> — Rain, Visa, Mastercard, Fiserv, Circle, and 20+ financial industry partners announced the launch of the Agentic…</li><li><strong>NCBA Cuts PesaLink Transfer Fees to Flat KSh 20 Under Interbank Push</strong> — Adding to the aggressive PesaLink fee cuts we've been tracking across the Kenyan banking sector, NCBA Bank updated its…</li><li><strong>Mauritius FSC Publishes Stablecoin Regulatory Guidance Framework</strong> — The Financial Services Commission of Mauritius issued formal regulatory guidance notes on Thursday establishing…</li><li><strong>OPay Upgrades Risk Engine with 5,000 Real-Time Rules and Liveness Detection</strong> — Building on the layered, AI-powered security architecture OPay recently detailed, the Nigerian fintech deployed a major…</li><li><strong>High Court Dismisses Kastelo Appeal in SARB R4B Exchange Control Freeze Case</strong> — Following up on the Reserve Bank's enforcement actions against Kastelo, the Johannesburg High Court dismissed the…</li><li><strong>Central Bank of Kenya Expands Staffing to Speed VASP Application Vetting</strong> — Following the recent formal gazetting of Kenya's digital asset and stablecoin capital rules, the Central Bank of Kenya…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:54 Global Platforms Throttle Kenya Cross-Border Transfers Over FATF AML Pressures<br/>01:27 Afriex Secures Global Innovations Bank Sponsorship for Cross-Border B2B Rails<br/>01:57 SARS Modernisation 3.0 Proposals Target Near Real-Time Digital VAT Reporting<br/>03:02 AWS Releases Bedrock AgentCore Payments for Autonomous Micropayments<br/>03:37 Payment Networks and Hyperscalers Launch Agentic Payments Alliance<br/>04:07 NCBA Cuts PesaLink Transfer Fees to Flat KSh 20 Under Interbank Push<br/>04:41 Mauritius FSC Publishes Stablecoin Regulatory Guidance Framework<br/>05:42 High Court Dismisses Kastelo Appeal in SARB R4B Exchange Control Freeze Case<br/>06:13 Central Bank of Kenya Expands Staffing to Speed VASP Application Vetting<br/>06:44 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-19/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-19/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-19.mp3" length="3636249" type="audio/mpeg"/>
      <pubDate>Wed, 19 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: international payment operators are suspending specific money transfers into Kenya following FATF grey-list pressures, while South African tax authorities propose near real-time digital VAT auditing. In the in</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: international payment operators are suspending specific money transfers into Kenya following FATF grey-list pressures, while South African tax authorities propose near real-time digital VAT auditing. In the infrastructure stack, AWS is officially arming autonomous AI agents with spend-capped wallets, and Nigerian FX liquidity is surging following the removal of borrowing caps.

In this episode:
• Borderless.xyz Integrates CrissCross to Scale Direct Mobile Money and Bank Payouts
• Global Platforms Throttle Kenya Cross-Border Transfers Over FATF AML Pressures
• Afriex Secures Global Innovations Bank Sponsorship for Cross-Border B2B Rails
• SARS Modernisation 3.0 Proposals Target Near Real-Time Digital VAT Reporting
• Naira Rebounds to N1,349 as Central Bank SLF Policy Shift Unlocks Spot FX Liquidity
• AWS Releases Bedrock AgentCore Payments for Autonomous Micropayments
• Payment Networks and Hyperscalers Launch Agentic Payments Alliance
• NCBA Cuts PesaLink Transfer Fees to Flat KSh 20 Under Interbank Push
• Mauritius FSC Publishes Stablecoin Regulatory Guidance Framework
• OPay Upgrades Risk Engine with 5,000 Real-Time Rules and Liveness Detection
• High Court Dismisses Kastelo Appeal in SARB R4B Exchange Control Freeze Case
• Central Bank of Kenya Expands Staffing to Speed VASP Application Vetting

Chapters:
00:00 Intro
00:54 Global Platforms Throttle Kenya Cross-Border Transfers Over FATF AML Pressures
01:27 Afriex Secures Global Innovations Bank Sponsorship for Cross-Border B2B Rails
01:57 SARS Modernisation 3.0 Proposals Target Near Real-Time Digital VAT Reporting
03:02 AWS Releases Bedrock AgentCore Payments for Autonomous Micropayments
03:37 Payment Networks and Hyperscalers Launch Agentic Payments Alliance
04:07 NCBA Cuts PesaLink Transfer Fees to Flat KSh 20 Under Interbank Push
04:41 Mauritius FSC Publishes Stablecoin Regulatory Guidance Framework
05:42 High Court Dismisses Kastelo Appeal in SARB R4B Exchange Control Freeze Case
06:13 Central Bank of Kenya Expands Staffing to Speed VASP Application Vetting
06:44 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-19/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>48</itunes:episode>
      <itunes:title>Aug 19: Borderless.xyz Integrates CrissCross to Scale Direct Mobile Money and Bank Payouts</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 18: Currency Fragmentation and Converter Deficits Block Pan-African Instant Payment Networks</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-18/</link>
      <description>Persistent foreign currency friction is forcing commercial and regulatory players to rethink how trade clears across Africa. Today's briefing tracks the latest operational pivots, including surging formal remittance data in Nigeria, stranded airline capital, and AI-driven checkout routing moving into production.

In this episode:
• Currency Fragmentation and Converter Deficits Block Pan-African Instant Payment Networks
• Razorpay Deploys Production AI Foundation Model for Payment Routing and Risk with AWS and NVIDIA
• Stables and Access Bank South Africa Partner on USDt Cross-Border Settlement for Asia-Africa Trade
• Forex Shortages Trap $90 Million in Overseas Revenue for Ethiopian Airlines
• VALR CEO Challenges South Africa Exchange Control Models in Digital Rand Economy
• Machine Learning Benchmark Identifies XGBoost as Top Fraud Model for Nigerian Mobile Money Rails
• FINBOA Launches Dispute Automation Integrated with Visa Verifi CDRN
• Nigeria IMTO Inflows Jump 45% to $1.29 Billion in Q1 2026
• Anglophone and Francophone West Africa Diverge on Crypto Regulatory Frameworks
• Service Disruption Hits PayPal-to-M-Pesa Payout Rail in Kenya
• Tanzania Mobile Payment Transactions Surge 28.3% Driven by Person-to-Business Growth
• Sybrin Partners with Moti Engineering to Modernise Infrastructure Under Ethiopia Payment Strategy

Chapters:
00:00 Intro
01:10 Razorpay Deploys Production AI Foundation Model for Payment Routing and Risk wi…
01:53 Stables and Access Bank South Africa Partner on USDt Cross-Border Settlement fo…
02:30 Forex Shortages Trap $90 Million in Overseas Revenue for Ethiopian Airlines
03:07 VALR CEO Challenges South Africa Exchange Control Models in Digital Rand Economy
03:49 Machine Learning Benchmark Identifies XGBoost as Top Fraud Model for Nigerian M…
04:34 FINBOA Launches Dispute Automation Integrated with Visa Verifi CDRN
05:10 Nigeria IMTO Inflows Jump 45% to $1.29 Billion in Q1 2026
05:46 Anglophone and Francophone West Africa Diverge on Crypto Regulatory Frameworks
06:24 Service Disruption Hits PayPal-to-M-Pesa Payout Rail in Kenya
06:59 Tanzania Mobile Payment Transactions Surge 28.3% Driven by Person-to-Business G…
07:37 Sybrin Partners with Moti Engineering to Modernise Infrastructure Under Ethiopi…
08:17 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-18/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Persistent foreign currency friction is forcing commercial and regulatory players to rethink how trade clears across Africa. Today's briefing tracks the latest operational pivots, including surging formal remittance data in Nigeria, stranded airline capital, and AI-driven checkout routing moving into production.</p><h3>In this episode</h3><ul><li><strong>Currency Fragmentation and Converter Deficits Block Pan-African Instant Payment Networks</strong> — API-level connections for regional instant payment schemes like SADC's TCIB and GIMAC Pay are advancing, but Africa's…</li><li><strong>Razorpay Deploys Production AI Foundation Model for Payment Routing and Risk with AWS and NVIDIA</strong> — Following the recent rollouts of AI-adaptive checkouts by Stripe and Shopify, Razorpay has launched its own specialized…</li><li><strong>Stables and Access Bank South Africa Partner on USDt Cross-Border Settlement for Asia-Africa Trade</strong> — Stables has partnered with Access Bank South Africa to explore USDt-settled B2B payment rails connecting African…</li><li><strong>Forex Shortages Trap $90 Million in Overseas Revenue for Ethiopian Airlines</strong> — Ethiopian Airlines reported on Tuesday that $90 million in ticket revenue remains trapped abroad due to central bank…</li><li><strong>VALR CEO Challenges South Africa Exchange Control Models in Digital Rand Economy</strong> — VALR CEO Farzam Ehsani is escalating his pushback against the SARB's draft Crypto Asset Manual.</li><li><strong>Machine Learning Benchmark Identifies XGBoost as Top Fraud Model for Nigerian Mobile Money Rails</strong> — A study published Monday evaluating machine learning models on transaction datasets showed XGBoost achieving a 99.98%…</li><li><strong>FINBOA Launches Dispute Automation Integrated with Visa Verifi CDRN</strong> — FINBOA launched Recovery Assist on Monday, connecting its payment dispute engine directly to Visa's Verifi Cardholder…</li><li><strong>Nigeria IMTO Inflows Jump 45% to $1.29 Billion in Q1 2026</strong> — Central Bank of Nigeria data published Monday shows official International Money Transfer Operator remittance inflows…</li><li><strong>Anglophone and Francophone West Africa Diverge on Crypto Regulatory Frameworks</strong> — A new industry report maps the growing regulatory fracture across West Africa: while Nigeria and Ghana push ahead with…</li><li><strong>Service Disruption Hits PayPal-to-M-Pesa Payout Rail in Kenya</strong> — Safaricom confirmed on Monday a technical disruption affecting the direct PayPal-to-M-Pesa transfer service in Kenya…</li><li><strong>Tanzania Mobile Payment Transactions Surge 28.3% Driven by Person-to-Business Growth</strong> — The Bank of Tanzania's 2025 report published Monday revealed mobile money volume rose 28.3% to 255.1 trillion…</li><li><strong>Sybrin Partners with Moti Engineering to Modernise Infrastructure Under Ethiopia Payment Strategy</strong> — Sybrin announced a partnership on Monday with Ethiopian ICT firm Moti Engineering to deploy workflow automation…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:10 Razorpay Deploys Production AI Foundation Model for Payment Routing and Risk wi…<br/>01:53 Stables and Access Bank South Africa Partner on USDt Cross-Border Settlement fo…<br/>02:30 Forex Shortages Trap $90 Million in Overseas Revenue for Ethiopian Airlines<br/>03:07 VALR CEO Challenges South Africa Exchange Control Models in Digital Rand Economy<br/>03:49 Machine Learning Benchmark Identifies XGBoost as Top Fraud Model for Nigerian M…<br/>04:34 FINBOA Launches Dispute Automation Integrated with Visa Verifi CDRN<br/>05:10 Nigeria IMTO Inflows Jump 45% to $1.29 Billion in Q1 2026<br/>05:46 Anglophone and Francophone West Africa Diverge on Crypto Regulatory Frameworks<br/>06:24 Service Disruption Hits PayPal-to-M-Pesa Payout Rail in Kenya<br/>06:59 Tanzania Mobile Payment Transactions Surge 28.3% Driven by Person-to-Business G…<br/>07:37 Sybrin Partners with Moti Engineering to Modernise Infrastructure Under Ethiopi…<br/>08:17 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-18/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-18/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-18.mp3" length="4565148" type="audio/mpeg"/>
      <pubDate>Tue, 18 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Persistent foreign currency friction is forcing commercial and regulatory players to rethink how trade clears across Africa. Today's briefing tracks the latest operational pivots, including surging formal remittance data in Nigeria, strande</itunes:subtitle>
      <itunes:summary>Persistent foreign currency friction is forcing commercial and regulatory players to rethink how trade clears across Africa. Today's briefing tracks the latest operational pivots, including surging formal remittance data in Nigeria, stranded airline capital, and AI-driven checkout routing moving into production.

In this episode:
• Currency Fragmentation and Converter Deficits Block Pan-African Instant Payment Networks
• Razorpay Deploys Production AI Foundation Model for Payment Routing and Risk with AWS and NVIDIA
• Stables and Access Bank South Africa Partner on USDt Cross-Border Settlement for Asia-Africa Trade
• Forex Shortages Trap $90 Million in Overseas Revenue for Ethiopian Airlines
• VALR CEO Challenges South Africa Exchange Control Models in Digital Rand Economy
• Machine Learning Benchmark Identifies XGBoost as Top Fraud Model for Nigerian Mobile Money Rails
• FINBOA Launches Dispute Automation Integrated with Visa Verifi CDRN
• Nigeria IMTO Inflows Jump 45% to $1.29 Billion in Q1 2026
• Anglophone and Francophone West Africa Diverge on Crypto Regulatory Frameworks
• Service Disruption Hits PayPal-to-M-Pesa Payout Rail in Kenya
• Tanzania Mobile Payment Transactions Surge 28.3% Driven by Person-to-Business Growth
• Sybrin Partners with Moti Engineering to Modernise Infrastructure Under Ethiopia Payment Strategy

Chapters:
00:00 Intro
01:10 Razorpay Deploys Production AI Foundation Model for Payment Routing and Risk wi…
01:53 Stables and Access Bank South Africa Partner on USDt Cross-Border Settlement fo…
02:30 Forex Shortages Trap $90 Million in Overseas Revenue for Ethiopian Airlines
03:07 VALR CEO Challenges South Africa Exchange Control Models in Digital Rand Economy
03:49 Machine Learning Benchmark Identifies XGBoost as Top Fraud Model for Nigerian M…
04:34 FINBOA Launches Dispute Automation Integrated with Visa Verifi CDRN
05:10 Nigeria IMTO Inflows Jump 45% to $1.29 Billion in Q1 2026
05:46 Anglophone and Francophone West Africa Diverge on Crypto Regulatory Frameworks
06:24 Service Disruption Hits PayPal-to-M-Pesa Payout Rail in Kenya
06:59 Tanzania Mobile Payment Transactions Surge 28.3% Driven by Person-to-Business G…
07:37 Sybrin Partners with Moti Engineering to Modernise Infrastructure Under Ethiopi…
08:17 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-18/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>47</itunes:episode>
      <itunes:title>Aug 18: Currency Fragmentation and Converter Deficits Block Pan-African Instant Payment Networks</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 17: SARB Accuses Fintech Kastelo of R4 Billion Exchange Control and Arbitrage Violations</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-17/</link>
      <description>The gap between compliance theory and operational reality is closing. From sudden central bank enforcement against crypto arbitrage channels to glaring identity flaws in merchant onboarding, today's briefing traces the latest stress fractures across African payment infrastructure.

In this episode:
• SARB Accuses Fintech Kastelo of R4 Billion Exchange Control and Arbitrage Violations
• Nigerian Car Dealer Exposes Moniepoint KYC Flaws via Forged CAC Incorporation Data
• Central Bank of Kenya Gazettes Legal Notice No. 134 for Stablecoin Capital Rules
• Safaricom Expands M-PESA Tap-to-Pay Rollout to Integrated Pesapal Terminals
• NFIU Annual Report Details 42,082 Suspicious Activity Filings as VASP Oversight Expands
• Stanbic Bank Tanzania Launches Direct RMB Settlement Rail via CIPS Integration
• Plaude Defends $13.07 Million Forex Settlement Following Banking Partner Disruptions
• Kaspersky Flags 50 Percent Surge in Mobile Banking Infostealer Attacks in South Africa
• Onafriq Highlights Hybrid Banking and Stablecoin Architecture for Pre-Funding
• Union Bank Secures PCI DSS v4.0.1 Certification for Nigerian Card Acquiring Rails
• Nigerian Consumer Group Calls Out Unauthorized POS Fees Flouting Central Bank Rules
• Regulatory Analysis Weighs Macro Risks of Stablecoin Dollarization in African Commerce

Chapters:
00:00 Intro
01:04 Nigerian Car Dealer Exposes Moniepoint KYC Flaws via Forged CAC Incorporation D…
01:50 Central Bank of Kenya Gazettes Legal Notice No. 134 for Stablecoin Capital Rules
02:32 Safaricom Expands M-PESA Tap-to-Pay Rollout to Integrated Pesapal Terminals
03:15 NFIU Annual Report Details 42,082 Suspicious Activity Filings as VASP Oversight…
03:56 Stanbic Bank Tanzania Launches Direct RMB Settlement Rail via CIPS Integration
04:36 Plaude Defends $13.07 Million Forex Settlement Following Banking Partner Disrup…
05:13 Kaspersky Flags 50 Percent Surge in Mobile Banking Infostealer Attacks in South…
05:54 Onafriq Highlights Hybrid Banking and Stablecoin Architecture for Pre-Funding
06:30 Union Bank Secures PCI DSS v4.0.1 Certification for Nigerian Card Acquiring Rai…
07:06 Nigerian Consumer Group Calls Out Unauthorized POS Fees Flouting Central Bank R…
07:43 Regulatory Analysis Weighs Macro Risks of Stablecoin Dollarization in African C…
08:16 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-17/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The gap between compliance theory and operational reality is closing. From sudden central bank enforcement against crypto arbitrage channels to glaring identity flaws in merchant onboarding, today's briefing traces the latest stress fractures across African payment infrastructure.</p><h3>In this episode</h3><ul><li><strong>SARB Accuses Fintech Kastelo of R4 Billion Exchange Control and Arbitrage Violations</strong> — The South African Reserve Bank alleges that fintech group Kastelo systematically circumvented foreign exchange controls…</li><li><strong>Nigerian Car Dealer Exposes Moniepoint KYC Flaws via Forged CAC Incorporation Data</strong> — A public breach exposure on Sunday revealed that fraudsters successfully opened a merchant account with Moniepoint…</li><li><strong>Central Bank of Kenya Gazettes Legal Notice No. 134 for Stablecoin Capital Rules</strong> — Following up on the Ksh300 million capital threshold we tracked earlier this month, the Central Bank of Kenya has…</li><li><strong>Safaricom Expands M-PESA Tap-to-Pay Rollout to Integrated Pesapal Terminals</strong> — Safaricom is extending the M-PESA Tap-to-Pay feature we covered recently beyond native mobile apps and into physical…</li><li><strong>NFIU Annual Report Details 42,082 Suspicious Activity Filings as VASP Oversight Expands</strong> — The Nigerian Financial Intelligence Unit released its 2025 Annual Report on Sunday, documenting 42,082 Suspicious…</li><li><strong>Stanbic Bank Tanzania Launches Direct RMB Settlement Rail via CIPS Integration</strong> — Standard Bank's campaign to bypass dollar intermediaries is expanding its East African footprint: its subsidiary…</li><li><strong>Plaude Defends $13.07 Million Forex Settlement Following Banking Partner Disruptions</strong> — Cross-border fintech Plaude Technologies issued a statement on Sunday addressing a disputed $13.07 million currency…</li><li><strong>Kaspersky Flags 50 Percent Surge in Mobile Banking Infostealer Attacks in South Africa</strong> — A Kaspersky threat report published Sunday revealed that mobile malware and credential infostealer attacks targeting…</li><li><strong>Onafriq Highlights Hybrid Banking and Stablecoin Architecture for Pre-Funding</strong> — Speaking on Sunday regarding cross-border treasury management, Onafriq CPO Rajat Mishra outlined how stablecoin…</li><li><strong>Union Bank Secures PCI DSS v4.0.1 Certification for Nigerian Card Acquiring Rails</strong> — Union Bank of Nigeria achieved PCI DSS version 4.0.1 compliance as a Service Provider, covering its payment processing…</li><li><strong>Nigerian Consumer Group Calls Out Unauthorized POS Fees Flouting Central Bank Rules</strong> — Civic organization Kaduna Youth for Good Governance issued a petition on Saturday claiming commercial banks and agent…</li><li><strong>Regulatory Analysis Weighs Macro Risks of Stablecoin Dollarization in African Commerce</strong> — An industry report published Sunday examines the tension between merchant demand for stablecoin settlement and central…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:04 Nigerian Car Dealer Exposes Moniepoint KYC Flaws via Forged CAC Incorporation D…<br/>01:50 Central Bank of Kenya Gazettes Legal Notice No. 134 for Stablecoin Capital Rules<br/>02:32 Safaricom Expands M-PESA Tap-to-Pay Rollout to Integrated Pesapal Terminals<br/>03:15 NFIU Annual Report Details 42,082 Suspicious Activity Filings as VASP Oversight…<br/>03:56 Stanbic Bank Tanzania Launches Direct RMB Settlement Rail via CIPS Integration<br/>04:36 Plaude Defends $13.07 Million Forex Settlement Following Banking Partner Disrup…<br/>05:13 Kaspersky Flags 50 Percent Surge in Mobile Banking Infostealer Attacks in South…<br/>05:54 Onafriq Highlights Hybrid Banking and Stablecoin Architecture for Pre-Funding<br/>06:30 Union Bank Secures PCI DSS v4.0.1 Certification for Nigerian Card Acquiring Rai…<br/>07:06 Nigerian Consumer Group Calls Out Unauthorized POS Fees Flouting Central Bank R…<br/>07:43 Regulatory Analysis Weighs Macro Risks of Stablecoin Dollarization in African C…<br/>08:16 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-17/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-17/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-17.mp3" length="4405925" type="audio/mpeg"/>
      <pubDate>Mon, 17 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The gap between compliance theory and operational reality is closing. From sudden central bank enforcement against crypto arbitrage channels to glaring identity flaws in merchant onboarding, today's briefing traces the latest stress fractur</itunes:subtitle>
      <itunes:summary>The gap between compliance theory and operational reality is closing. From sudden central bank enforcement against crypto arbitrage channels to glaring identity flaws in merchant onboarding, today's briefing traces the latest stress fractures across African payment infrastructure.

In this episode:
• SARB Accuses Fintech Kastelo of R4 Billion Exchange Control and Arbitrage Violations
• Nigerian Car Dealer Exposes Moniepoint KYC Flaws via Forged CAC Incorporation Data
• Central Bank of Kenya Gazettes Legal Notice No. 134 for Stablecoin Capital Rules
• Safaricom Expands M-PESA Tap-to-Pay Rollout to Integrated Pesapal Terminals
• NFIU Annual Report Details 42,082 Suspicious Activity Filings as VASP Oversight Expands
• Stanbic Bank Tanzania Launches Direct RMB Settlement Rail via CIPS Integration
• Plaude Defends $13.07 Million Forex Settlement Following Banking Partner Disruptions
• Kaspersky Flags 50 Percent Surge in Mobile Banking Infostealer Attacks in South Africa
• Onafriq Highlights Hybrid Banking and Stablecoin Architecture for Pre-Funding
• Union Bank Secures PCI DSS v4.0.1 Certification for Nigerian Card Acquiring Rails
• Nigerian Consumer Group Calls Out Unauthorized POS Fees Flouting Central Bank Rules
• Regulatory Analysis Weighs Macro Risks of Stablecoin Dollarization in African Commerce

Chapters:
00:00 Intro
01:04 Nigerian Car Dealer Exposes Moniepoint KYC Flaws via Forged CAC Incorporation D…
01:50 Central Bank of Kenya Gazettes Legal Notice No. 134 for Stablecoin Capital Rules
02:32 Safaricom Expands M-PESA Tap-to-Pay Rollout to Integrated Pesapal Terminals
03:15 NFIU Annual Report Details 42,082 Suspicious Activity Filings as VASP Oversight…
03:56 Stanbic Bank Tanzania Launches Direct RMB Settlement Rail via CIPS Integration
04:36 Plaude Defends $13.07 Million Forex Settlement Following Banking Partner Disrup…
05:13 Kaspersky Flags 50 Percent Surge in Mobile Banking Infostealer Attacks in South…
05:54 Onafriq Highlights Hybrid Banking and Stablecoin Architecture for Pre-Funding
06:30 Union Bank Secures PCI DSS v4.0.1 Certification for Nigerian Card Acquiring Rai…
07:06 Nigerian Consumer Group Calls Out Unauthorized POS Fees Flouting Central Bank R…
07:43 Regulatory Analysis Weighs Macro Risks of Stablecoin Dollarization in African C…
08:16 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-17/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>46</itunes:episode>
      <itunes:title>Aug 17: SARB Accuses Fintech Kastelo of R4 Billion Exchange Control and Arbitrage Violations</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 16: Fylings Launches Pan-African KYB Platform Covering 20 Markets</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-16/</link>
      <description>South Africa's Reserve Bank is officially setting a hard end date for PASA's rule-making authority, pulling payment system governance strictly in-house. Across the continent, regulators are similarly tightening controls over digital commerce rails, from Nigeria admitting major infrastructure providers into its digital asset sandbox to new working capital compressions hitting exporters in Algeria.

In this episode:
• Fylings Launches Pan-African KYB Platform Covering 20 Markets
• South African Reserve Bank Ends PASA Self-Regulation to Direct Payment System
• VALR and Onafriq Partner to Deliver Direct Fiat-to-Crypto On-Ramps Across Africa
• Nigeria SEC Grants Sandbox Approvals to Yellow Card, Pisi, and BC Access
• NIBSS Rollout of National Payment Stack Reaches 26.5M Transactions
• Algeria Cuts Non-Hydrocarbon Export Revenue Repatriation Window to 180 Days
• Nigerian Financial Sector Grapples with 2027 Data Onshoring Mandate
• Fiserv and Stuut Deploy Agentic AI for Enterprise Accounts Receivable
• Safaricom Directs Merchants to USSD Channel Following M-PESA Business App Malfunction
• Kenyan Commercial Banks Accelerate PesaLink and KEPSS Upgrades
• Spendin Expands Payment Network Across Four Francophone West African Markets
• Ghana Reviews AfCFTA Trade in Services Framework to Align Financial Regulations

Chapters:
00:00 Intro
00:50 South African Reserve Bank Ends PASA Self-Regulation to Direct Payment System
01:29 VALR and Onafriq Partner to Deliver Direct Fiat-to-Crypto On-Ramps Across Africa
02:06 Nigeria SEC Grants Sandbox Approvals to Yellow Card, Pisi, and BC Access
02:46 NIBSS Rollout of National Payment Stack Reaches 26.5M Transactions
03:23 Algeria Cuts Non-Hydrocarbon Export Revenue Repatriation Window to 180 Days
04:02 Nigerian Financial Sector Grapples with 2027 Data Onshoring Mandate
04:42 Fiserv and Stuut Deploy Agentic AI for Enterprise Accounts Receivable
05:17 Safaricom Directs Merchants to USSD Channel Following M-PESA Business App Malfu…
05:57 Kenyan Commercial Banks Accelerate PesaLink and KEPSS Upgrades
06:33 Spendin Expands Payment Network Across Four Francophone West African Markets
07:07 Ghana Reviews AfCFTA Trade in Services Framework to Align Financial Regulations
07:40 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-16/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>South Africa's Reserve Bank is officially setting a hard end date for PASA's rule-making authority, pulling payment system governance strictly in-house. Across the continent, regulators are similarly tightening controls over digital commerce rails, from Nigeria admitting major infrastructure providers into its digital asset sandbox to new working capital compressions hitting exporters in Algeria.</p><h3>In this episode</h3><ul><li><strong>Fylings Launches Pan-African KYB Platform Covering 20 Markets</strong> — Nigerian startup Fylings rolled out a business data verification platform on Saturday, August 15, aggregating corporate…</li><li><strong>South African Reserve Bank Ends PASA Self-Regulation to Direct Payment System</strong> — Following up on the Reserve Bank's move to strip the Payments Association of South Africa of its oversight authority we…</li><li><strong>VALR and Onafriq Partner to Deliver Direct Fiat-to-Crypto On-Ramps Across Africa</strong> — Crypto exchange VALR and pan-African payment network Onafriq announced a partnership on Sunday, August 16, to enable…</li><li><strong>Nigeria SEC Grants Sandbox Approvals to Yellow Card, Pisi, and BC Access</strong> — Nigeria's Securities and Exchange Commission granted Approval-in-Principle on Thursday to Pisi Payment Solutions, BC…</li><li><strong>NIBSS Rollout of National Payment Stack Reaches 26.5M Transactions</strong> — Building on recent infrastructure deployments, the Nigeria Inter-Bank Settlement System confirmed on Saturday, August…</li><li><strong>Algeria Cuts Non-Hydrocarbon Export Revenue Repatriation Window to 180 Days</strong> — The Bank of Algeria issued updated foreign currency regulations on Saturday, August 15, reducing the maximum…</li><li><strong>Nigerian Financial Sector Grapples with 2027 Data Onshoring Mandate</strong> — As the January 2027 onshore data localization deadline we've been tracking approaches, Nigerian financial institutions…</li><li><strong>Fiserv and Stuut Deploy Agentic AI for Enterprise Accounts Receivable</strong> — Fiserv announced a partnership with Stuut Technologies on Wednesday, August 5, integrating autonomous AI agents into…</li><li><strong>Safaricom Directs Merchants to USSD Channel Following M-PESA Business App Malfunction</strong> — Safaricom issued a technical update on Saturday, August 15, following an outage on its M-PESA for Business mobile…</li><li><strong>Kenyan Commercial Banks Accelerate PesaLink and KEPSS Upgrades</strong> — Following the recent coalition fee cuts and PAPSS integration we tracked for Kenya's PesaLink, local commercial banks…</li><li><strong>Spendin Expands Payment Network Across Four Francophone West African Markets</strong> — Fintech startup Spendin announced on Sunday, August 16, the expansion of its merchant acquiring network into Senegal…</li><li><strong>Ghana Reviews AfCFTA Trade in Services Framework to Align Financial Regulations</strong> — Ghana's Ministry of Trade convened a regulatory review workshop on Saturday, August 15, to align domestic financial and…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:50 South African Reserve Bank Ends PASA Self-Regulation to Direct Payment System<br/>01:29 VALR and Onafriq Partner to Deliver Direct Fiat-to-Crypto On-Ramps Across Africa<br/>02:06 Nigeria SEC Grants Sandbox Approvals to Yellow Card, Pisi, and BC Access<br/>02:46 NIBSS Rollout of National Payment Stack Reaches 26.5M Transactions<br/>03:23 Algeria Cuts Non-Hydrocarbon Export Revenue Repatriation Window to 180 Days<br/>04:02 Nigerian Financial Sector Grapples with 2027 Data Onshoring Mandate<br/>04:42 Fiserv and Stuut Deploy Agentic AI for Enterprise Accounts Receivable<br/>05:17 Safaricom Directs Merchants to USSD Channel Following M-PESA Business App Malfu…<br/>05:57 Kenyan Commercial Banks Accelerate PesaLink and KEPSS Upgrades<br/>06:33 Spendin Expands Payment Network Across Four Francophone West African Markets<br/>07:07 Ghana Reviews AfCFTA Trade in Services Framework to Align Financial Regulations<br/>07:40 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-16/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-16/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-16.mp3" length="4188961" type="audio/mpeg"/>
      <pubDate>Sun, 16 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>South Africa's Reserve Bank is officially setting a hard end date for PASA's rule-making authority, pulling payment system governance strictly in-house. Across the continent, regulators are similarly tightening controls over digital commerc</itunes:subtitle>
      <itunes:summary>South Africa's Reserve Bank is officially setting a hard end date for PASA's rule-making authority, pulling payment system governance strictly in-house. Across the continent, regulators are similarly tightening controls over digital commerce rails, from Nigeria admitting major infrastructure providers into its digital asset sandbox to new working capital compressions hitting exporters in Algeria.

In this episode:
• Fylings Launches Pan-African KYB Platform Covering 20 Markets
• South African Reserve Bank Ends PASA Self-Regulation to Direct Payment System
• VALR and Onafriq Partner to Deliver Direct Fiat-to-Crypto On-Ramps Across Africa
• Nigeria SEC Grants Sandbox Approvals to Yellow Card, Pisi, and BC Access
• NIBSS Rollout of National Payment Stack Reaches 26.5M Transactions
• Algeria Cuts Non-Hydrocarbon Export Revenue Repatriation Window to 180 Days
• Nigerian Financial Sector Grapples with 2027 Data Onshoring Mandate
• Fiserv and Stuut Deploy Agentic AI for Enterprise Accounts Receivable
• Safaricom Directs Merchants to USSD Channel Following M-PESA Business App Malfunction
• Kenyan Commercial Banks Accelerate PesaLink and KEPSS Upgrades
• Spendin Expands Payment Network Across Four Francophone West African Markets
• Ghana Reviews AfCFTA Trade in Services Framework to Align Financial Regulations

Chapters:
00:00 Intro
00:50 South African Reserve Bank Ends PASA Self-Regulation to Direct Payment System
01:29 VALR and Onafriq Partner to Deliver Direct Fiat-to-Crypto On-Ramps Across Africa
02:06 Nigeria SEC Grants Sandbox Approvals to Yellow Card, Pisi, and BC Access
02:46 NIBSS Rollout of National Payment Stack Reaches 26.5M Transactions
03:23 Algeria Cuts Non-Hydrocarbon Export Revenue Repatriation Window to 180 Days
04:02 Nigerian Financial Sector Grapples with 2027 Data Onshoring Mandate
04:42 Fiserv and Stuut Deploy Agentic AI for Enterprise Accounts Receivable
05:17 Safaricom Directs Merchants to USSD Channel Following M-PESA Business App Malfu…
05:57 Kenyan Commercial Banks Accelerate PesaLink and KEPSS Upgrades
06:33 Spendin Expands Payment Network Across Four Francophone West African Markets
07:07 Ghana Reviews AfCFTA Trade in Services Framework to Align Financial Regulations
07:40 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-16/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>45</itunes:episode>
      <itunes:title>Aug 16: Fylings Launches Pan-African KYB Platform Covering 20 Markets</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 15: South Africa Proposes ZAR 5,000 Cap for Crypto-Backed Regional Remittances</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-15/</link>
      <description>Central banks across Sub-Saharan Africa are establishing new parameters for cross-border liquidity today, setting hard caps on stablecoin remittances in Pretoria while opening discount windows to ease commercial FX bottlenecks in Lagos.

In this episode:
• South Africa Proposes ZAR 5,000 Cap for Crypto-Backed Regional Remittances
• CBN Lifts Standing Lending Facility Limits to Ease Nigerian FX Market Liquidity
• Yellow Card Outlines Operational Details of Shifting B2C Exchange to Enterprise Infrastructure
• Insider Fraud Clustering in Francophone Africa Exposes Multi-Month Auditing Latency
• Safaricom Activates In-App NFC Tap-to-Pay for M-PESA Merchant App in Kenya
• Maverick Payments Embeds Autonomous AI Dispute Engine for Merchant Chargebacks
• Pepkor Merges Flash and Shop2Shop into R21.3 Billion Merchant Platform
• Nigerian Banks Promote CBN Form Q to Broaden SME Access to Official FX
• Chainalysis Data Uncovers Illicit Underground Stablecoin Corridors across Sub-Saharan Markets
• Mastercard Integrates Moniepoint Subsidiary TeamApt as Direct Non-Bank Acquirer
• AfCFTA Partners on $3.1 Billion Continental Digital Customs System
• IFC Injects $25 Million Equity into Jumia to Expand Regional Seller Infrastructure

Chapters:
00:00 Intro
01:06 CBN Lifts Standing Lending Facility Limits to Ease Nigerian FX Market Liquidity
01:53 Yellow Card Outlines Operational Details of Shifting B2C Exchange to Enterprise…
02:36 Insider Fraud Clustering in Francophone Africa Exposes Multi-Month Auditing Lat…
03:19 Safaricom Activates In-App NFC Tap-to-Pay for M-PESA Merchant App in Kenya
04:00 Maverick Payments Embeds Autonomous AI Dispute Engine for Merchant Chargebacks
04:35 Pepkor Merges Flash and Shop2Shop into R21.3 Billion Merchant Platform
05:17 Nigerian Banks Promote CBN Form Q to Broaden SME Access to Official FX
05:53 Chainalysis Data Uncovers Illicit Underground Stablecoin Corridors across Sub-S…
06:33 Mastercard Integrates Moniepoint Subsidiary TeamApt as Direct Non-Bank Acquirer
07:07 AfCFTA Partners on $3.1 Billion Continental Digital Customs System
07:38 IFC Injects $25 Million Equity into Jumia to Expand Regional Seller Infrastruct…
08:14 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-15/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Central banks across Sub-Saharan Africa are establishing new parameters for cross-border liquidity today, setting hard caps on stablecoin remittances in Pretoria while opening discount windows to ease commercial FX bottlenecks in Lagos.</p><h3>In this episode</h3><ul><li><strong>South Africa Proposes ZAR 5,000 Cap for Crypto-Backed Regional Remittances</strong> — Adding a new constraint to the draft Crypto Asset Manual we've been tracking, the South African National Treasury and…</li><li><strong>CBN Lifts Standing Lending Facility Limits to Ease Nigerian FX Market Liquidity</strong> — Following the Central Bank of Nigeria's recent interventions to boost official foreign exchange market liquidity, a new…</li><li><strong>Yellow Card Outlines Operational Details of Shifting B2C Exchange to Enterprise Infrastructure</strong> — Following its $40 million Series C raise, stablecoin provider Yellow Card clarified on Friday, August 14, that the…</li><li><strong>Insider Fraud Clustering in Francophone Africa Exposes Multi-Month Auditing Latency</strong> — Reports published on Friday, August 14, reveal that four major Francophone West African payment processors, including…</li><li><strong>Safaricom Activates In-App NFC Tap-to-Pay for M-PESA Merchant App in Kenya</strong> — Continuing its merchant payment push against Airtel's new Bizna Wallet, Safaricom launched an in-app 'Tap to Pay'…</li><li><strong>Maverick Payments Embeds Autonomous AI Dispute Engine for Merchant Chargebacks</strong> — As we noted yesterday, payments processor Maverick Payments has officially integrated Findustry AI's autonomous…</li><li><strong>Pepkor Merges Flash and Shop2Shop into R21.3 Billion Merchant Platform</strong> — South African retail giant Pepkor announced on Friday, August 14, the consolidation of its informal-market fintech unit…</li><li><strong>Nigerian Banks Promote CBN Form Q to Broaden SME Access to Official FX</strong> — Nigerian commercial banks stepped up marketing on Friday, August 14, for the Central Bank of Nigeria's Form Q facility…</li><li><strong>Chainalysis Data Uncovers Illicit Underground Stablecoin Corridors across Sub-Saharan Markets</strong> — A Chainalysis report published on Friday, August 14, revealed the expansion of Chinese-language money laundering…</li><li><strong>Mastercard Integrates Moniepoint Subsidiary TeamApt as Direct Non-Bank Acquirer</strong> — Building on its recent national license upgrade from the CBN, Moniepoint subsidiary TeamApt finalized an agreement on…</li><li><strong>AfCFTA Partners on $3.1 Billion Continental Digital Customs System</strong> — The AfCFTA Secretariat entered a $3.1 billion partnership with Bergmans Security Consultants on Friday, August 14, to…</li><li><strong>IFC Injects $25 Million Equity into Jumia to Expand Regional Seller Infrastructure</strong> — Hot on the heels of Jumia Kenya reporting record Q2 sales yesterday, the International Finance Corporation announced a…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:06 CBN Lifts Standing Lending Facility Limits to Ease Nigerian FX Market Liquidity<br/>01:53 Yellow Card Outlines Operational Details of Shifting B2C Exchange to Enterprise…<br/>02:36 Insider Fraud Clustering in Francophone Africa Exposes Multi-Month Auditing Lat…<br/>03:19 Safaricom Activates In-App NFC Tap-to-Pay for M-PESA Merchant App in Kenya<br/>04:00 Maverick Payments Embeds Autonomous AI Dispute Engine for Merchant Chargebacks<br/>04:35 Pepkor Merges Flash and Shop2Shop into R21.3 Billion Merchant Platform<br/>05:17 Nigerian Banks Promote CBN Form Q to Broaden SME Access to Official FX<br/>05:53 Chainalysis Data Uncovers Illicit Underground Stablecoin Corridors across Sub-S…<br/>06:33 Mastercard Integrates Moniepoint Subsidiary TeamApt as Direct Non-Bank Acquirer<br/>07:07 AfCFTA Partners on $3.1 Billion Continental Digital Customs System<br/>07:38 IFC Injects $25 Million Equity into Jumia to Expand Regional Seller Infrastruct…<br/>08:14 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-15/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-15/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-15.mp3" length="4369713" type="audio/mpeg"/>
      <pubDate>Sat, 15 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Central banks across Sub-Saharan Africa are establishing new parameters for cross-border liquidity today, setting hard caps on stablecoin remittances in Pretoria while opening discount windows to ease commercial FX bottlenecks in Lagos.</itunes:subtitle>
      <itunes:summary>Central banks across Sub-Saharan Africa are establishing new parameters for cross-border liquidity today, setting hard caps on stablecoin remittances in Pretoria while opening discount windows to ease commercial FX bottlenecks in Lagos.

In this episode:
• South Africa Proposes ZAR 5,000 Cap for Crypto-Backed Regional Remittances
• CBN Lifts Standing Lending Facility Limits to Ease Nigerian FX Market Liquidity
• Yellow Card Outlines Operational Details of Shifting B2C Exchange to Enterprise Infrastructure
• Insider Fraud Clustering in Francophone Africa Exposes Multi-Month Auditing Latency
• Safaricom Activates In-App NFC Tap-to-Pay for M-PESA Merchant App in Kenya
• Maverick Payments Embeds Autonomous AI Dispute Engine for Merchant Chargebacks
• Pepkor Merges Flash and Shop2Shop into R21.3 Billion Merchant Platform
• Nigerian Banks Promote CBN Form Q to Broaden SME Access to Official FX
• Chainalysis Data Uncovers Illicit Underground Stablecoin Corridors across Sub-Saharan Markets
• Mastercard Integrates Moniepoint Subsidiary TeamApt as Direct Non-Bank Acquirer
• AfCFTA Partners on $3.1 Billion Continental Digital Customs System
• IFC Injects $25 Million Equity into Jumia to Expand Regional Seller Infrastructure

Chapters:
00:00 Intro
01:06 CBN Lifts Standing Lending Facility Limits to Ease Nigerian FX Market Liquidity
01:53 Yellow Card Outlines Operational Details of Shifting B2C Exchange to Enterprise…
02:36 Insider Fraud Clustering in Francophone Africa Exposes Multi-Month Auditing Lat…
03:19 Safaricom Activates In-App NFC Tap-to-Pay for M-PESA Merchant App in Kenya
04:00 Maverick Payments Embeds Autonomous AI Dispute Engine for Merchant Chargebacks
04:35 Pepkor Merges Flash and Shop2Shop into R21.3 Billion Merchant Platform
05:17 Nigerian Banks Promote CBN Form Q to Broaden SME Access to Official FX
05:53 Chainalysis Data Uncovers Illicit Underground Stablecoin Corridors across Sub-S…
06:33 Mastercard Integrates Moniepoint Subsidiary TeamApt as Direct Non-Bank Acquirer
07:07 AfCFTA Partners on $3.1 Billion Continental Digital Customs System
07:38 IFC Injects $25 Million Equity into Jumia to Expand Regional Seller Infrastruct…
08:14 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-15/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>44</itunes:episode>
      <itunes:title>Aug 15: South Africa Proposes ZAR 5,000 Cap for Crypto-Backed Regional Remittances</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 14: Flutterwave Partners with Caliza for Global USD Accounts and Stablecoin Rails</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-14/</link>
      <description>We are seeing a sustained structural shift across African settlement infrastructure today, as payment providers actively bypass traditional correspondent banking channels in favor of direct clearing rails and integrated stablecoin ledgers.

In this episode:
• Flutterwave Partners with Caliza for Global USD Accounts and Stablecoin Rails
• Standard Bank Reaches $1.2 Billion in Direct RMB Settlement Volume via CIPS
• TeamApt Secures Direct Mastercard Non-Bank Acquirer Access in Nigeria
• Flutterwave Partners with Abuja Investments for Municipal Digital Revenue Acquiring
• Kenya's VASP Capital Requirements Trigger Relocation Concerns for Early-Stage Startups
• Maverick Payments Deploys Autonomous AI Agent for Chargeback Rebuttals
• Lagos Court Upholds Foreign Currency Obligations and Dollar Loan Repayments
• Jumia Kenya Reaches Record Q2 Sales as Category Shifts Offset Device Supply Issues
• Airtel Uganda Urges Mandated SIM-Swap Check APIs and Device Binding
• M-Pesa GlobalPay Card Deduction Glitch Highlights Support Deficits in Cross-Border Checkout
• South African Payment Ecosystem Faces Heightened RAT and Deepfake Threat Vectors
• Ghana Launches Central Bank-Backed MoMo FinTech Lab for Ecosystem Interoperability

Chapters:
00:00 Intro
01:02 Standard Bank Reaches $1.2 Billion in Direct RMB Settlement Volume via CIPS
01:53 TeamApt Secures Direct Mastercard Non-Bank Acquirer Access in Nigeria
02:33 Flutterwave Partners with Abuja Investments for Municipal Digital Revenue Acqui…
03:12 Kenya's VASP Capital Requirements Trigger Relocation Concerns for Early-Stage S…
04:01 Maverick Payments Deploys Autonomous AI Agent for Chargeback Rebuttals
04:37 Lagos Court Upholds Foreign Currency Obligations and Dollar Loan Repayments
05:17 Jumia Kenya Reaches Record Q2 Sales as Category Shifts Offset Device Supply Iss…
05:53 Airtel Uganda Urges Mandated SIM-Swap Check APIs and Device Binding
06:36 M-Pesa GlobalPay Card Deduction Glitch Highlights Support Deficits in Cross-Bor…
07:15 South African Payment Ecosystem Faces Heightened RAT and Deepfake Threat Vectors
07:56 Ghana Launches Central Bank-Backed MoMo FinTech Lab for Ecosystem Interoperabil…
08:33 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-14/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>We are seeing a sustained structural shift across African settlement infrastructure today, as payment providers actively bypass traditional correspondent banking channels in favor of direct clearing rails and integrated stablecoin ledgers.</p><h3>In this episode</h3><ul><li><strong>Flutterwave Partners with Caliza for Global USD Accounts and Stablecoin Rails</strong> — Flutterwave announced a strategic partnership with infrastructure provider Caliza on Thursday, August 13, enabling its…</li><li><strong>Standard Bank Reaches $1.2 Billion in Direct RMB Settlement Volume via CIPS</strong> — Following the direct CIPS integrations we've tracked for Standard Bank subsidiaries in Kenya and Ghana, the banking…</li><li><strong>TeamApt Secures Direct Mastercard Non-Bank Acquirer Access in Nigeria</strong> — Moniepoint subsidiary TeamApt Limited secured direct access to Mastercard's global network as a non-bank acquirer on…</li><li><strong>Flutterwave Partners with Abuja Investments for Municipal Digital Revenue Acquiring</strong> — Flutterwave signed a partnership with Abuja Investments Company Limited (AICL) on Thursday, August 13, to digitize…</li><li><strong>Kenya's VASP Capital Requirements Trigger Relocation Concerns for Early-Stage Startups</strong> — Despite Kenya's recent move to lower the capital requirement for stablecoin issuers to KSh 300 million under its newly…</li><li><strong>Maverick Payments Deploys Autonomous AI Agent for Chargeback Rebuttals</strong> — Payments infrastructure provider Maverick Payments integrated Findustry AI's Chargeback Agent into its white-label…</li><li><strong>Lagos Court Upholds Foreign Currency Obligations and Dollar Loan Repayments</strong> — The Court of Appeal in Lagos delivered a judgment on Thursday, August 13, upholding the contractual right of the…</li><li><strong>Jumia Kenya Reaches Record Q2 Sales as Category Shifts Offset Device Supply Issues</strong> — Jumia Kenya reported record second-quarter sales of Sh6.4 billion ($49.7 million) on Thursday, August 13, supported by…</li><li><strong>Airtel Uganda Urges Mandated SIM-Swap Check APIs and Device Binding</strong> — Speaking at the UCC National Cybersecurity Conference on Thursday, August 13, Airtel Money Uganda Managing Director…</li><li><strong>M-Pesa GlobalPay Card Deduction Glitch Highlights Support Deficits in Cross-Border Checkout</strong> — An unresolvable customer deduction error on Safaricom's M-Pesa GlobalPay virtual Visa card on Friday, August 14…</li><li><strong>South African Payment Ecosystem Faces Heightened RAT and Deepfake Threat Vectors</strong> — A threat assessment published Thursday, August 13, details escalating payment fraud tactics targeting South African…</li><li><strong>Ghana Launches Central Bank-Backed MoMo FinTech Lab for Ecosystem Interoperability</strong> — MobileMoney FinTech Limited launched the MoMo FinTech Lab in Ghana on Wednesday, August 12, with support from the Bank…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:02 Standard Bank Reaches $1.2 Billion in Direct RMB Settlement Volume via CIPS<br/>01:53 TeamApt Secures Direct Mastercard Non-Bank Acquirer Access in Nigeria<br/>02:33 Flutterwave Partners with Abuja Investments for Municipal Digital Revenue Acqui…<br/>03:12 Kenya's VASP Capital Requirements Trigger Relocation Concerns for Early-Stage S…<br/>04:01 Maverick Payments Deploys Autonomous AI Agent for Chargeback Rebuttals<br/>04:37 Lagos Court Upholds Foreign Currency Obligations and Dollar Loan Repayments<br/>05:17 Jumia Kenya Reaches Record Q2 Sales as Category Shifts Offset Device Supply Iss…<br/>05:53 Airtel Uganda Urges Mandated SIM-Swap Check APIs and Device Binding<br/>06:36 M-Pesa GlobalPay Card Deduction Glitch Highlights Support Deficits in Cross-Bor…<br/>07:15 South African Payment Ecosystem Faces Heightened RAT and Deepfake Threat Vectors<br/>07:56 Ghana Launches Central Bank-Backed MoMo FinTech Lab for Ecosystem Interoperabil…<br/>08:33 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-14/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-14/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-14.mp3" length="4699328" type="audio/mpeg"/>
      <pubDate>Fri, 14 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>We are seeing a sustained structural shift across African settlement infrastructure today, as payment providers actively bypass traditional correspondent banking channels in favor of direct clearing rails and integrated stablecoin ledgers.</itunes:subtitle>
      <itunes:summary>We are seeing a sustained structural shift across African settlement infrastructure today, as payment providers actively bypass traditional correspondent banking channels in favor of direct clearing rails and integrated stablecoin ledgers.

In this episode:
• Flutterwave Partners with Caliza for Global USD Accounts and Stablecoin Rails
• Standard Bank Reaches $1.2 Billion in Direct RMB Settlement Volume via CIPS
• TeamApt Secures Direct Mastercard Non-Bank Acquirer Access in Nigeria
• Flutterwave Partners with Abuja Investments for Municipal Digital Revenue Acquiring
• Kenya's VASP Capital Requirements Trigger Relocation Concerns for Early-Stage Startups
• Maverick Payments Deploys Autonomous AI Agent for Chargeback Rebuttals
• Lagos Court Upholds Foreign Currency Obligations and Dollar Loan Repayments
• Jumia Kenya Reaches Record Q2 Sales as Category Shifts Offset Device Supply Issues
• Airtel Uganda Urges Mandated SIM-Swap Check APIs and Device Binding
• M-Pesa GlobalPay Card Deduction Glitch Highlights Support Deficits in Cross-Border Checkout
• South African Payment Ecosystem Faces Heightened RAT and Deepfake Threat Vectors
• Ghana Launches Central Bank-Backed MoMo FinTech Lab for Ecosystem Interoperability

Chapters:
00:00 Intro
01:02 Standard Bank Reaches $1.2 Billion in Direct RMB Settlement Volume via CIPS
01:53 TeamApt Secures Direct Mastercard Non-Bank Acquirer Access in Nigeria
02:33 Flutterwave Partners with Abuja Investments for Municipal Digital Revenue Acqui…
03:12 Kenya's VASP Capital Requirements Trigger Relocation Concerns for Early-Stage S…
04:01 Maverick Payments Deploys Autonomous AI Agent for Chargeback Rebuttals
04:37 Lagos Court Upholds Foreign Currency Obligations and Dollar Loan Repayments
05:17 Jumia Kenya Reaches Record Q2 Sales as Category Shifts Offset Device Supply Iss…
05:53 Airtel Uganda Urges Mandated SIM-Swap Check APIs and Device Binding
06:36 M-Pesa GlobalPay Card Deduction Glitch Highlights Support Deficits in Cross-Bor…
07:15 South African Payment Ecosystem Faces Heightened RAT and Deepfake Threat Vectors
07:56 Ghana Launches Central Bank-Backed MoMo FinTech Lab for Ecosystem Interoperabil…
08:33 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-14/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>43</itunes:episode>
      <itunes:title>Aug 14: Flutterwave Partners with Caliza for Global USD Accounts and Stablecoin Rails</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 13: CBN Issues Comprehensive Circular Mandating Acquiring Caps and 2027 Data Onshoring</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-13/</link>
      <description>Central banking authorities in West Africa are intervening directly to reshape competitive dynamics in the payment sector. The Central Bank of Nigeria has formalized strict concentration caps that limit acquiring market share for dominant card issuers, a structural move designed to pry open space for independent gateways.

In this episode:
• CBN Issues Comprehensive Circular Mandating Acquiring Caps and 2027 Data Onshoring
• TurnStay Surpasses ZAR1 Billion Volume via Merchant-of-Record and Stablecoin Hybrid Rails
• Silicon Overdrive Deploys AWS Containerized Architecture and USSD Routing for Oye
• NIBSS Processes N1.4 Trillion on New National Payment Stack Ahead of Legacy Switch Retirement
• Blockops Network Launches Onchain Stacks API for African Corridor Routing
• African Stablecoin Infrastructure Providers Expand Out-of-Region Amid Regulatory Friction
• Bootstrapped Gateway Bani Scales Single API to Bypass Correspondent Banking Chains
• High Court Denies CBK Bid to Exit M-Pesa Mobile Money Fraud Lawsuit
• CBN Data Shows Digital Payment Fraud Losses Halved to $19M Following Identity Integration
• ACFE Report Ranks South Africa Highest in Sub-Saharan Occupational Fraud Cases
• CBN Adjusts Discount Window Rules to Ease Money Market and FX Liquidity Constraints

Chapters:
00:00 Intro
01:12 TurnStay Surpasses ZAR1 Billion Volume via Merchant-of-Record and Stablecoin Hy…
01:54 Silicon Overdrive Deploys AWS Containerized Architecture and USSD Routing for O…
02:38 NIBSS Processes N1.4 Trillion on New National Payment Stack Ahead of Legacy Swi…
03:21 Blockops Network Launches Onchain Stacks API for African Corridor Routing
04:04 African Stablecoin Infrastructure Providers Expand Out-of-Region Amid Regulator…
04:44 Bootstrapped Gateway Bani Scales Single API to Bypass Correspondent Banking Cha…
05:22 High Court Denies CBK Bid to Exit M-Pesa Mobile Money Fraud Lawsuit
06:04 CBN Data Shows Digital Payment Fraud Losses Halved to $19M Following Identity I…
06:48 ACFE Report Ranks South Africa Highest in Sub-Saharan Occupational Fraud Cases
07:27 CBN Adjusts Discount Window Rules to Ease Money Market and FX Liquidity Constra…
08:02 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-13/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Central banking authorities in West Africa are intervening directly to reshape competitive dynamics in the payment sector. The Central Bank of Nigeria has formalized strict concentration caps that limit acquiring market share for dominant card issuers, a structural move designed to pry open space for independent gateways.</p><h3>In this episode</h3><ul><li><strong>CBN Issues Comprehensive Circular Mandating Acquiring Caps and 2027 Data Onshoring</strong> — The Central Bank of Nigeria formalized its market concentration caps on Wednesday, August 12, explicitly restricting…</li><li><strong>TurnStay Surpasses ZAR1 Billion Volume via Merchant-of-Record and Stablecoin Hybrid Rails</strong> — South African travel checkout startup TurnStay announced on Wednesday, August 12, that it has processed over ZAR 1…</li><li><strong>Silicon Overdrive Deploys AWS Containerized Architecture and USSD Routing for Oye</strong> — AWS partner Silicon Overdrive published details on Tuesday, August 11, regarding its cloud infrastructure build for Oye…</li><li><strong>NIBSS Processes N1.4 Trillion on New National Payment Stack Ahead of Legacy Switch Retirement</strong> — The Nigeria Inter-Bank Settlement System announced on Wednesday, August 12, that its ISO 20022-compliant National…</li><li><strong>Blockops Network Launches Onchain Stacks API for African Corridor Routing</strong> — Nigerian fintech Blockops Network unveiled Onchain Stacks on Wednesday, August 12.</li><li><strong>African Stablecoin Infrastructure Providers Expand Out-of-Region Amid Regulatory Friction</strong> — An industry report published Wednesday, August 12, details how African B2B stablecoin processors are expanding…</li><li><strong>Bootstrapped Gateway Bani Scales Single API to Bypass Correspondent Banking Chains</strong> — In a media briefing on Wednesday, August 12, cross-border infrastructure startup Bani outlined the expansion of its…</li><li><strong>High Court Denies CBK Bid to Exit M-Pesa Mobile Money Fraud Lawsuit</strong> — Kenya's High Court ruled on Wednesday, August 12, that the Central Bank of Kenya cannot remove itself as a…</li><li><strong>CBN Data Shows Digital Payment Fraud Losses Halved to $19M Following Identity Integration</strong> — Confirming the N25.85 billion total we noted in July's independent reporting, official figures published by the Central…</li><li><strong>ACFE Report Ranks South Africa Highest in Sub-Saharan Occupational Fraud Cases</strong> — The Association of Certified Fraud Examiners released its 2026 Sub-Saharan report on Wednesday, August 12.</li><li><strong>CBN Adjusts Discount Window Rules to Ease Money Market and FX Liquidity Constraints</strong> — The Central Bank of Nigeria published policy adjustments on Wednesday, August 12, relaxing access restrictions at its…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:12 TurnStay Surpasses ZAR1 Billion Volume via Merchant-of-Record and Stablecoin Hy…<br/>01:54 Silicon Overdrive Deploys AWS Containerized Architecture and USSD Routing for O…<br/>02:38 NIBSS Processes N1.4 Trillion on New National Payment Stack Ahead of Legacy Swi…<br/>03:21 Blockops Network Launches Onchain Stacks API for African Corridor Routing<br/>04:04 African Stablecoin Infrastructure Providers Expand Out-of-Region Amid Regulator…<br/>04:44 Bootstrapped Gateway Bani Scales Single API to Bypass Correspondent Banking Cha…<br/>05:22 High Court Denies CBK Bid to Exit M-Pesa Mobile Money Fraud Lawsuit<br/>06:04 CBN Data Shows Digital Payment Fraud Losses Halved to $19M Following Identity I…<br/>06:48 ACFE Report Ranks South Africa Highest in Sub-Saharan Occupational Fraud Cases<br/>07:27 CBN Adjusts Discount Window Rules to Ease Money Market and FX Liquidity Constra…<br/>08:02 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-13/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-13/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-13.mp3" length="4354950" type="audio/mpeg"/>
      <pubDate>Thu, 13 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Central banking authorities in West Africa are intervening directly to reshape competitive dynamics in the payment sector. The Central Bank of Nigeria has formalized strict concentration caps that limit acquiring market share for dominant c</itunes:subtitle>
      <itunes:summary>Central banking authorities in West Africa are intervening directly to reshape competitive dynamics in the payment sector. The Central Bank of Nigeria has formalized strict concentration caps that limit acquiring market share for dominant card issuers, a structural move designed to pry open space for independent gateways.

In this episode:
• CBN Issues Comprehensive Circular Mandating Acquiring Caps and 2027 Data Onshoring
• TurnStay Surpasses ZAR1 Billion Volume via Merchant-of-Record and Stablecoin Hybrid Rails
• Silicon Overdrive Deploys AWS Containerized Architecture and USSD Routing for Oye
• NIBSS Processes N1.4 Trillion on New National Payment Stack Ahead of Legacy Switch Retirement
• Blockops Network Launches Onchain Stacks API for African Corridor Routing
• African Stablecoin Infrastructure Providers Expand Out-of-Region Amid Regulatory Friction
• Bootstrapped Gateway Bani Scales Single API to Bypass Correspondent Banking Chains
• High Court Denies CBK Bid to Exit M-Pesa Mobile Money Fraud Lawsuit
• CBN Data Shows Digital Payment Fraud Losses Halved to $19M Following Identity Integration
• ACFE Report Ranks South Africa Highest in Sub-Saharan Occupational Fraud Cases
• CBN Adjusts Discount Window Rules to Ease Money Market and FX Liquidity Constraints

Chapters:
00:00 Intro
01:12 TurnStay Surpasses ZAR1 Billion Volume via Merchant-of-Record and Stablecoin Hy…
01:54 Silicon Overdrive Deploys AWS Containerized Architecture and USSD Routing for O…
02:38 NIBSS Processes N1.4 Trillion on New National Payment Stack Ahead of Legacy Swi…
03:21 Blockops Network Launches Onchain Stacks API for African Corridor Routing
04:04 African Stablecoin Infrastructure Providers Expand Out-of-Region Amid Regulator…
04:44 Bootstrapped Gateway Bani Scales Single API to Bypass Correspondent Banking Cha…
05:22 High Court Denies CBK Bid to Exit M-Pesa Mobile Money Fraud Lawsuit
06:04 CBN Data Shows Digital Payment Fraud Losses Halved to $19M Following Identity I…
06:48 ACFE Report Ranks South Africa Highest in Sub-Saharan Occupational Fraud Cases
07:27 CBN Adjusts Discount Window Rules to Ease Money Market and FX Liquidity Constra…
08:02 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-13/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>42</itunes:episode>
      <itunes:title>Aug 13: CBN Issues Comprehensive Circular Mandating Acquiring Caps and 2027 Data Onshoring</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 12: SARB Takes Direct Regulatory Control of South African National Payment System</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-12/</link>
      <description>South Africa's central bank is stripping the Payments Association of South Africa of its oversight authority to directly manage the national payment system. In West Africa, the Central Bank of Nigeria is establishing formal sandbox guardrails for testing virtual asset and stablecoin settlement.

In this episode:
• SARB Takes Direct Regulatory Control of South African National Payment System
• Central Bank of Nigeria Opens Second Regulatory Sandbox Cohort for VASPs and Stablecoins
• Nigerian Banks Ease International Transaction Limits on Local Debit Cards
• Stablecoin-Backed Cards Scale Across African Retail Outlets via Visa and Mastercard Rails
• Kenya Imposes Mandatory Physical Cafe Customer Records to Fight Mobile Money Fraud
• FSCA Warns DeFi Poses Regulatory Risk as South African CASP Licensing Reaches 300
• SARS Sets R10 Billion Revenue Threshold for Cross-Border Advanced Pricing Agreements
• MultiChoice Spin-Out Moment Secures $22 Million Series A for Subscription Billing Infrastructure
• SeerBit Plugs PayPal directly into Cross-Border African Checkout Engine
• AfCFTA Appoints Customs Subsidiary for Regional Digital Trade Infrastructure Deployment
• Central Bank of Kenya Holds Benchmark Interest Rate at 8.75 Percent
• Tanzania Overhauls Digital Legal Frameworks to Attract Fintech Capital

Chapters:
00:00 Intro
00:46 Central Bank of Nigeria Opens Second Regulatory Sandbox Cohort for VASPs and St…
01:19 Nigerian Banks Ease International Transaction Limits on Local Debit Cards
01:49 Stablecoin-Backed Cards Scale Across African Retail Outlets via Visa and Master…
02:50 FSCA Warns DeFi Poses Regulatory Risk as South African CASP Licensing Reaches 3…
03:22 SARS Sets R10 Billion Revenue Threshold for Cross-Border Advanced Pricing Agree…
03:55 MultiChoice Spin-Out Moment Secures $22 Million Series A for Subscription Billi…
04:27 SeerBit Plugs PayPal directly into Cross-Border African Checkout Engine
04:57 AfCFTA Appoints Customs Subsidiary for Regional Digital Trade Infrastructure De…
05:29 Central Bank of Kenya Holds Benchmark Interest Rate at 8.75 Percent
06:28 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-12/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>South Africa's central bank is stripping the Payments Association of South Africa of its oversight authority to directly manage the national payment system. In West Africa, the Central Bank of Nigeria is establishing formal sandbox guardrails for testing virtual asset and stablecoin settlement.</p><h3>In this episode</h3><ul><li><strong>SARB Takes Direct Regulatory Control of South African National Payment System</strong> — On Tuesday, August 11, the South African Reserve Bank (SARB) formally withdrew its recognition of the Payments…</li><li><strong>Central Bank of Nigeria Opens Second Regulatory Sandbox Cohort for VASPs and Stablecoins</strong> — The Central Bank of Nigeria (CBN) announced on Tuesday, August 11, that applications will open August 12 for its second…</li><li><strong>Nigerian Banks Ease International Transaction Limits on Local Debit Cards</strong> — In an update published Tuesday, August 11, Nigerian commercial banks have begun relaxing restrictive monthly foreign…</li><li><strong>Stablecoin-Backed Cards Scale Across African Retail Outlets via Visa and Mastercard Rails</strong> — A industry update on Tuesday, August 11, highlights that providers like MiniPay, Bitget Wallet, and Busha are rapidly…</li><li><strong>Kenya Imposes Mandatory Physical Cafe Customer Records to Fight Mobile Money Fraud</strong> — Expanding on the push to treat SIMs as banking credentials that we noted earlier this week, the Communications…</li><li><strong>FSCA Warns DeFi Poses Regulatory Risk as South African CASP Licensing Reaches 300</strong> — Speaking on Tuesday, August 11, FSCA Commissioner Unathi Kamlana confirmed that South Africa has licensed over 300…</li><li><strong>SARS Sets R10 Billion Revenue Threshold for Cross-Border Advanced Pricing Agreements</strong> — The South African Revenue Service (SARS) announced on Monday, August 10, that it has lowered the annual revenue…</li><li><strong>MultiChoice Spin-Out Moment Secures $22 Million Series A for Subscription Billing Infrastructure</strong> — Following up on the $22 million Series A led by AlphaCode Venture Partners we tracked recently, MultiChoice spin-out…</li><li><strong>SeerBit Plugs PayPal directly into Cross-Border African Checkout Engine</strong> — In an update published Tuesday, August 11, pan-African payment processor SeerBit integrated PayPal into its unified…</li><li><strong>AfCFTA Appoints Customs Subsidiary for Regional Digital Trade Infrastructure Deployment</strong> — AfCFTA selected Nigerian-owned AfriTrade CMP Limited on Tuesday, August 11, to lead a 20-year digital customs…</li><li><strong>Central Bank of Kenya Holds Benchmark Interest Rate at 8.75 Percent</strong> — The Central Bank of Kenya's Monetary Policy Committee announced on Tuesday, August 11, that it is maintaining the…</li><li><strong>Tanzania Overhauls Digital Legal Frameworks to Attract Fintech Capital</strong> — Tanzanian legal authorities confirmed on Tuesday, August 11, that the government is revising investment and financial…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:46 Central Bank of Nigeria Opens Second Regulatory Sandbox Cohort for VASPs and St…<br/>01:19 Nigerian Banks Ease International Transaction Limits on Local Debit Cards<br/>01:49 Stablecoin-Backed Cards Scale Across African Retail Outlets via Visa and Master…<br/>02:50 FSCA Warns DeFi Poses Regulatory Risk as South African CASP Licensing Reaches 3…<br/>03:22 SARS Sets R10 Billion Revenue Threshold for Cross-Border Advanced Pricing Agree…<br/>03:55 MultiChoice Spin-Out Moment Secures $22 Million Series A for Subscription Billi…<br/>04:27 SeerBit Plugs PayPal directly into Cross-Border African Checkout Engine<br/>04:57 AfCFTA Appoints Customs Subsidiary for Regional Digital Trade Infrastructure De…<br/>05:29 Central Bank of Kenya Holds Benchmark Interest Rate at 8.75 Percent<br/>06:28 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-12/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-12/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-12.mp3" length="3516589" type="audio/mpeg"/>
      <pubDate>Wed, 12 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>South Africa's central bank is stripping the Payments Association of South Africa of its oversight authority to directly manage the national payment system. In West Africa, the Central Bank of Nigeria is establishing formal sandbox guardrai</itunes:subtitle>
      <itunes:summary>South Africa's central bank is stripping the Payments Association of South Africa of its oversight authority to directly manage the national payment system. In West Africa, the Central Bank of Nigeria is establishing formal sandbox guardrails for testing virtual asset and stablecoin settlement.

In this episode:
• SARB Takes Direct Regulatory Control of South African National Payment System
• Central Bank of Nigeria Opens Second Regulatory Sandbox Cohort for VASPs and Stablecoins
• Nigerian Banks Ease International Transaction Limits on Local Debit Cards
• Stablecoin-Backed Cards Scale Across African Retail Outlets via Visa and Mastercard Rails
• Kenya Imposes Mandatory Physical Cafe Customer Records to Fight Mobile Money Fraud
• FSCA Warns DeFi Poses Regulatory Risk as South African CASP Licensing Reaches 300
• SARS Sets R10 Billion Revenue Threshold for Cross-Border Advanced Pricing Agreements
• MultiChoice Spin-Out Moment Secures $22 Million Series A for Subscription Billing Infrastructure
• SeerBit Plugs PayPal directly into Cross-Border African Checkout Engine
• AfCFTA Appoints Customs Subsidiary for Regional Digital Trade Infrastructure Deployment
• Central Bank of Kenya Holds Benchmark Interest Rate at 8.75 Percent
• Tanzania Overhauls Digital Legal Frameworks to Attract Fintech Capital

Chapters:
00:00 Intro
00:46 Central Bank of Nigeria Opens Second Regulatory Sandbox Cohort for VASPs and St…
01:19 Nigerian Banks Ease International Transaction Limits on Local Debit Cards
01:49 Stablecoin-Backed Cards Scale Across African Retail Outlets via Visa and Master…
02:50 FSCA Warns DeFi Poses Regulatory Risk as South African CASP Licensing Reaches 3…
03:22 SARS Sets R10 Billion Revenue Threshold for Cross-Border Advanced Pricing Agree…
03:55 MultiChoice Spin-Out Moment Secures $22 Million Series A for Subscription Billi…
04:27 SeerBit Plugs PayPal directly into Cross-Border African Checkout Engine
04:57 AfCFTA Appoints Customs Subsidiary for Regional Digital Trade Infrastructure De…
05:29 Central Bank of Kenya Holds Benchmark Interest Rate at 8.75 Percent
06:28 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-12/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>41</itunes:episode>
      <itunes:title>Aug 12: SARB Takes Direct Regulatory Control of South African National Payment System</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 11: PayPal Extends PYUSD Stablecoin Distribution Across 27 African Markets</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-11/</link>
      <description>The integration of stablecoins into mainstream African ecommerce is taking a major step forward, as PayPal expands its PYUSD distribution and plugs into pan-African payment gateways. We are also watching South Africa's competition watchdog enforce strict open-access mandates on domestic banking acquisitions.

In this episode:
• PayPal Extends PYUSD Stablecoin Distribution Across 27 African Markets
• SeerBit Integrates PayPal to Expand Global Checkout Acceptance for African Merchants
• South Africa Competition Watchdog Approves Capitec-Walletdoc Deal with Open-Access Conditions
• IMF Policy Report Flags Reserve Quality and Redemption Gaps in Emerging Market Stablecoin Frameworks
• Nigeria FX Market Weekly Volume Reaches $3.73B dominated by Spot Settlement
• Paytm Integrates Anthropic Claude via Model Context Protocol for Merchant Reconciliation
• Industry Framework Outlines Implementation Strategy for Agentic Payments in African B2B Logistics
• Report Highlights Stablecoin Pivot to Invisible Back-End Rails for African SME Treasury
• East Africa Mobile Money Assessment Flags Operational Frictions in Cross-Network Transfers
• African Union and UN Report Advocates Digital Single Windows to Reduce Regional Trade Costs
• Nigerian Commercial Banks Adjust Foreign Spending Caps Under Updated Central Bank Directives

Chapters:
00:00 Intro
01:07 SeerBit Integrates PayPal to Expand Global Checkout Acceptance for African Merc…
01:49 South Africa Competition Watchdog Approves Capitec-Walletdoc Deal with Open-Acc…
02:34 IMF Policy Report Flags Reserve Quality and Redemption Gaps in Emerging Market…
03:15 Nigeria FX Market Weekly Volume Reaches $3.73B dominated by Spot Settlement
03:52 Paytm Integrates Anthropic Claude via Model Context Protocol for Merchant Recon…
04:31 Industry Framework Outlines Implementation Strategy for Agentic Payments in Afr…
05:07 Report Highlights Stablecoin Pivot to Invisible Back-End Rails for African SME…
05:45 East Africa Mobile Money Assessment Flags Operational Frictions in Cross-Networ…
06:22 African Union and UN Report Advocates Digital Single Windows to Reduce Regional…
07:01 Nigerian Commercial Banks Adjust Foreign Spending Caps Under Updated Central Ba…
07:34 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-11/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The integration of stablecoins into mainstream African ecommerce is taking a major step forward, as PayPal expands its PYUSD distribution and plugs into pan-African payment gateways. We are also watching South Africa's competition watchdog enforce strict open-access mandates on domestic banking acquisitions.</p><h3>In this episode</h3><ul><li><strong>PayPal Extends PYUSD Stablecoin Distribution Across 27 African Markets</strong> — PayPal announced Monday that it is expanding access to its USD-backed stablecoin, PYUSD, across 27 African markets as…</li><li><strong>SeerBit Integrates PayPal to Expand Global Checkout Acceptance for African Merchants</strong> — Pan-African payment gateway SeerBit integrated PayPal into its checkout stack on Monday, enabling merchants across its…</li><li><strong>South Africa Competition Watchdog Approves Capitec-Walletdoc Deal with Open-Access Conditions</strong> — South Africa's Competition Commission recommended approval on Monday for Capitec Bank's R400 million acquisition of…</li><li><strong>IMF Policy Report Flags Reserve Quality and Redemption Gaps in Emerging Market Stablecoin Frameworks</strong> — Following yesterday's remarks from IMF official Dan Katz regarding rand-backed stablecoin capital flight, the Fund…</li><li><strong>Nigeria FX Market Weekly Volume Reaches $3.73B dominated by Spot Settlement</strong> — Nigerian foreign exchange turnover settled at $3.73 billion for the week ended August 7—down from the $4.38 billion…</li><li><strong>Paytm Integrates Anthropic Claude via Model Context Protocol for Merchant Reconciliation</strong> — Paytm Payment Gateway deployed an integration on Monday using Anthropic's Model Context Protocol (MCP) to let merchants…</li><li><strong>Industry Framework Outlines Implementation Strategy for Agentic Payments in African B2B Logistics</strong> — Echoing Mastercard's recent infrastructure pivot toward B2B procurement for 'agentic commerce,' a new newsletter…</li><li><strong>Report Highlights Stablecoin Pivot to Invisible Back-End Rails for African SME Treasury</strong> — Building on the enterprise treasury pivot we've tracked with providers like Bitlipa and Yellow Card, a new Breet…</li><li><strong>East Africa Mobile Money Assessment Flags Operational Frictions in Cross-Network Transfers</strong> — Following yesterday's engineering breakdown of M-Pesa Daraja API production edge cases, a new technical assessment…</li><li><strong>African Union and UN Report Advocates Digital Single Windows to Reduce Regional Trade Costs</strong> — Adding to the regulatory obstacles impeding AfCFTA trade that we tracked over the weekend, the 2026 Africa Sustainable…</li><li><strong>Nigerian Commercial Banks Adjust Foreign Spending Caps Under Updated Central Bank Directives</strong> — Following the liquidity surge we noted yesterday that enabled commercial banks like GTCo to raise international card…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:07 SeerBit Integrates PayPal to Expand Global Checkout Acceptance for African Merc…<br/>01:49 South Africa Competition Watchdog Approves Capitec-Walletdoc Deal with Open-Acc…<br/>02:34 IMF Policy Report Flags Reserve Quality and Redemption Gaps in Emerging Market…<br/>03:15 Nigeria FX Market Weekly Volume Reaches $3.73B dominated by Spot Settlement<br/>03:52 Paytm Integrates Anthropic Claude via Model Context Protocol for Merchant Recon…<br/>04:31 Industry Framework Outlines Implementation Strategy for Agentic Payments in Afr…<br/>05:07 Report Highlights Stablecoin Pivot to Invisible Back-End Rails for African SME…<br/>05:45 East Africa Mobile Money Assessment Flags Operational Frictions in Cross-Networ…<br/>06:22 African Union and UN Report Advocates Digital Single Windows to Reduce Regional…<br/>07:01 Nigerian Commercial Banks Adjust Foreign Spending Caps Under Updated Central Ba…<br/>07:34 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-11/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-11/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-11.mp3" length="4157194" type="audio/mpeg"/>
      <pubDate>Tue, 11 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The integration of stablecoins into mainstream African ecommerce is taking a major step forward, as PayPal expands its PYUSD distribution and plugs into pan-African payment gateways. We are also watching South Africa's competition watchdog </itunes:subtitle>
      <itunes:summary>The integration of stablecoins into mainstream African ecommerce is taking a major step forward, as PayPal expands its PYUSD distribution and plugs into pan-African payment gateways. We are also watching South Africa's competition watchdog enforce strict open-access mandates on domestic banking acquisitions.

In this episode:
• PayPal Extends PYUSD Stablecoin Distribution Across 27 African Markets
• SeerBit Integrates PayPal to Expand Global Checkout Acceptance for African Merchants
• South Africa Competition Watchdog Approves Capitec-Walletdoc Deal with Open-Access Conditions
• IMF Policy Report Flags Reserve Quality and Redemption Gaps in Emerging Market Stablecoin Frameworks
• Nigeria FX Market Weekly Volume Reaches $3.73B dominated by Spot Settlement
• Paytm Integrates Anthropic Claude via Model Context Protocol for Merchant Reconciliation
• Industry Framework Outlines Implementation Strategy for Agentic Payments in African B2B Logistics
• Report Highlights Stablecoin Pivot to Invisible Back-End Rails for African SME Treasury
• East Africa Mobile Money Assessment Flags Operational Frictions in Cross-Network Transfers
• African Union and UN Report Advocates Digital Single Windows to Reduce Regional Trade Costs
• Nigerian Commercial Banks Adjust Foreign Spending Caps Under Updated Central Bank Directives

Chapters:
00:00 Intro
01:07 SeerBit Integrates PayPal to Expand Global Checkout Acceptance for African Merc…
01:49 South Africa Competition Watchdog Approves Capitec-Walletdoc Deal with Open-Acc…
02:34 IMF Policy Report Flags Reserve Quality and Redemption Gaps in Emerging Market…
03:15 Nigeria FX Market Weekly Volume Reaches $3.73B dominated by Spot Settlement
03:52 Paytm Integrates Anthropic Claude via Model Context Protocol for Merchant Recon…
04:31 Industry Framework Outlines Implementation Strategy for Agentic Payments in Afr…
05:07 Report Highlights Stablecoin Pivot to Invisible Back-End Rails for African SME…
05:45 East Africa Mobile Money Assessment Flags Operational Frictions in Cross-Networ…
06:22 African Union and UN Report Advocates Digital Single Windows to Reduce Regional…
07:01 Nigerian Commercial Banks Adjust Foreign Spending Caps Under Updated Central Ba…
07:34 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-11/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>40</itunes:episode>
      <itunes:title>Aug 11: PayPal Extends PYUSD Stablecoin Distribution Across 27 African Markets</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 10: VALR CEO Warns South Africa's Draft Crypto Rules Threaten Cross-Border Commerce</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-10/</link>
      <description>The clash over capital controls in South Africa is intensifying. Industry executives are openly challenging Pretoria's proposed ban on corporate stablecoin transfers, warning of severe cross-border trade disruptions. Meanwhile, Nigeria offers a counter-narrative, as an influx of official dollar liquidity coincides with massive transaction volume for a newly launched naira stablecoin.

In this episode:
• VALR CEO Warns South Africa's Draft Crypto Rules Threaten Cross-Border Commerce
• cNGN Stablecoin Scales to …214B in Volume on Celo Rails
• Nigerian FX Inflows Surge 59% in July as Banks Raise Card Spending Caps
• Moment Closes $22M Series A to Expand Pan-African Merchant Infrastructure
• Uneven UMOA Banking Law Adoption Creates Two-Speed West African Market
• AgentPay Debuts Multi-Protocol Abstraction Layer for AI Transactions
• BCG Report Outlines Agentic AI Threats to East African Payment Networks
• IMF Details Dollarization Risks Associated with Rand-Backed Stablecoins
• Foreign Tech Inflows Target Nigerian Infrastructure Ahead of Data Onshoring Deadline
• Developer Analysis Highlights M-Pesa Production Integration Traps
• Calls Mount in Kenya to Regulate SIM Credentials under Banking Frameworks
• AFRICLOUD Integrates Local Mobile Money Billing Across 11 African Countries

Chapters:
00:00 Intro
01:13 cNGN Stablecoin Scales to …214B in Volume on Celo Rails
01:56 Nigerian FX Inflows Surge 59% in July as Banks Raise Card Spending Caps
02:36 Moment Closes $22M Series A to Expand Pan-African Merchant Infrastructure
03:12 Uneven UMOA Banking Law Adoption Creates Two-Speed West African Market
03:52 AgentPay Debuts Multi-Protocol Abstraction Layer for AI Transactions
04:34 BCG Report Outlines Agentic AI Threats to East African Payment Networks
05:08 IMF Details Dollarization Risks Associated with Rand-Backed Stablecoins
05:42 Foreign Tech Inflows Target Nigerian Infrastructure Ahead of Data Onshoring Dea…
06:13 Developer Analysis Highlights M-Pesa Production Integration Traps
06:44 Calls Mount in Kenya to Regulate SIM Credentials under Banking Frameworks
07:14 AFRICLOUD Integrates Local Mobile Money Billing Across 11 African Countries

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-10/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The clash over capital controls in South Africa is intensifying. Industry executives are openly challenging Pretoria's proposed ban on corporate stablecoin transfers, warning of severe cross-border trade disruptions. Meanwhile, Nigeria offers a counter-narrative, as an influx of official dollar liquidity coincides with massive transaction volume for a newly launched naira stablecoin.</p><h3>In this episode</h3><ul><li><strong>VALR CEO Warns South Africa's Draft Crypto Rules Threaten Cross-Border Commerce</strong> — Adding to the industry pushback we saw from Luno last week, VALR CEO Farzam Ehsani warned on Sunday that South Africa's…</li><li><strong>cNGN Stablecoin Scales to …214B in Volume on Celo Rails</strong> — Following its launch last week, WrappedCBDC's naira-backed stablecoin cNGN has achieved a circulating supply of …2.5…</li><li><strong>Nigerian FX Inflows Surge 59% in July as Banks Raise Card Spending Caps</strong> — Providing the macroeconomic context for why commercial banks like GTCo are suddenly raising international card spending…</li><li><strong>Moment Closes $22M Series A to Expand Pan-African Merchant Infrastructure</strong> — Cape Town-based payment infrastructure provider Moment announced Sunday that it secured a $22 million Series A funding…</li><li><strong>Uneven UMOA Banking Law Adoption Creates Two-Speed West African Market</strong> — West Africa's ongoing banking reform has created regulatory divergence across the UMOA monetary zone, with only Senegal…</li><li><strong>AgentPay Debuts Multi-Protocol Abstraction Layer for AI Transactions</strong> — As autonomous transaction frameworks like the x402 standard and the Stripe-backed MPP gain traction, OSL Group has…</li><li><strong>BCG Report Outlines Agentic AI Threats to East African Payment Networks</strong> — A new Boston Consulting Group report details how emerging agentic AI tools allow cybercriminals to automate entire…</li><li><strong>IMF Details Dollarization Risks Associated with Rand-Backed Stablecoins</strong> — Providing intellectual cover for Pretoria's proposed ban on corporate crypto transfers, IMF official Dan Katz warned…</li><li><strong>Foreign Tech Inflows Target Nigerian Infrastructure Ahead of Data Onshoring Deadline</strong> — With Nigerian fintechs struggling to meet the Central Bank's looming January 2027 onshore data localization deadline…</li><li><strong>Developer Analysis Highlights M-Pesa Production Integration Traps</strong> — A engineering breakdown published Sunday detailed critical operational edge cases when scaling M-Pesa Daraja API…</li><li><strong>Calls Mount in Kenya to Regulate SIM Credentials under Banking Frameworks</strong> — Rising SIM-swap fraud and mobile money impersonation in Kenya have prompted industry analysts to advocate treating…</li><li><strong>AFRICLOUD Integrates Local Mobile Money Billing Across 11 African Countries</strong> — Regional hosting provider AFRICLOUD has enabled native mobile money payment acceptance across 11 African markets…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:13 cNGN Stablecoin Scales to …214B in Volume on Celo Rails<br/>01:56 Nigerian FX Inflows Surge 59% in July as Banks Raise Card Spending Caps<br/>02:36 Moment Closes $22M Series A to Expand Pan-African Merchant Infrastructure<br/>03:12 Uneven UMOA Banking Law Adoption Creates Two-Speed West African Market<br/>03:52 AgentPay Debuts Multi-Protocol Abstraction Layer for AI Transactions<br/>04:34 BCG Report Outlines Agentic AI Threats to East African Payment Networks<br/>05:08 IMF Details Dollarization Risks Associated with Rand-Backed Stablecoins<br/>05:42 Foreign Tech Inflows Target Nigerian Infrastructure Ahead of Data Onshoring Dea…<br/>06:13 Developer Analysis Highlights M-Pesa Production Integration Traps<br/>06:44 Calls Mount in Kenya to Regulate SIM Credentials under Banking Frameworks<br/>07:14 AFRICLOUD Integrates Local Mobile Money Billing Across 11 African Countries</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-10/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-10/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-10.mp3" length="4141079" type="audio/mpeg"/>
      <pubDate>Mon, 10 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The clash over capital controls in South Africa is intensifying. Industry executives are openly challenging Pretoria's proposed ban on corporate stablecoin transfers, warning of severe cross-border trade disruptions. Meanwhile, Nigeria offe</itunes:subtitle>
      <itunes:summary>The clash over capital controls in South Africa is intensifying. Industry executives are openly challenging Pretoria's proposed ban on corporate stablecoin transfers, warning of severe cross-border trade disruptions. Meanwhile, Nigeria offers a counter-narrative, as an influx of official dollar liquidity coincides with massive transaction volume for a newly launched naira stablecoin.

In this episode:
• VALR CEO Warns South Africa's Draft Crypto Rules Threaten Cross-Border Commerce
• cNGN Stablecoin Scales to …214B in Volume on Celo Rails
• Nigerian FX Inflows Surge 59% in July as Banks Raise Card Spending Caps
• Moment Closes $22M Series A to Expand Pan-African Merchant Infrastructure
• Uneven UMOA Banking Law Adoption Creates Two-Speed West African Market
• AgentPay Debuts Multi-Protocol Abstraction Layer for AI Transactions
• BCG Report Outlines Agentic AI Threats to East African Payment Networks
• IMF Details Dollarization Risks Associated with Rand-Backed Stablecoins
• Foreign Tech Inflows Target Nigerian Infrastructure Ahead of Data Onshoring Deadline
• Developer Analysis Highlights M-Pesa Production Integration Traps
• Calls Mount in Kenya to Regulate SIM Credentials under Banking Frameworks
• AFRICLOUD Integrates Local Mobile Money Billing Across 11 African Countries

Chapters:
00:00 Intro
01:13 cNGN Stablecoin Scales to …214B in Volume on Celo Rails
01:56 Nigerian FX Inflows Surge 59% in July as Banks Raise Card Spending Caps
02:36 Moment Closes $22M Series A to Expand Pan-African Merchant Infrastructure
03:12 Uneven UMOA Banking Law Adoption Creates Two-Speed West African Market
03:52 AgentPay Debuts Multi-Protocol Abstraction Layer for AI Transactions
04:34 BCG Report Outlines Agentic AI Threats to East African Payment Networks
05:08 IMF Details Dollarization Risks Associated with Rand-Backed Stablecoins
05:42 Foreign Tech Inflows Target Nigerian Infrastructure Ahead of Data Onshoring Dea…
06:13 Developer Analysis Highlights M-Pesa Production Integration Traps
06:44 Calls Mount in Kenya to Regulate SIM Credentials under Banking Frameworks
07:14 AFRICLOUD Integrates Local Mobile Money Billing Across 11 African Countries

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-10/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>39</itunes:episode>
      <itunes:title>Aug 10: VALR CEO Warns South Africa's Draft Crypto Rules Threaten Cross-Border Commerce</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 9: Visa and M-Pesa Launch Stablecoin Pilot for Cross-Border Settlement in DRC</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-09/</link>
      <description>We are leading today with a major cross-border payments pilot in the DRC, as Visa and M-Pesa test stablecoin settlement to bypass legacy banking paths. Elsewhere, Coinbase is deploying programmable wallets to establish a dedicated micro-payment infrastructure for autonomous AI agents.

In this episode:
• Visa and M-Pesa Launch Stablecoin Pilot for Cross-Border Settlement in DRC
• Coinbase Deploys Base AgentKit for Automated AI Micro-Payments
• Sudan Restores National Payment Switch After Three-Year Disruption
• AfDB Report Flags Exchange Controls as Barrier to Ethiopian Trade Integration
• Safaricom Reaffirms Optional Status for M-Pesa Wealth Management Products
• Industry Report Details Regulatory Bottlenecks Impeding AfCFTA Trade Infrastructure

Chapters:
00:00 Intro
00:57 Coinbase Deploys Base AgentKit for Automated AI Micro-Payments
01:41 Sudan Restores National Payment Switch After Three-Year Disruption
02:21 AfDB Report Flags Exchange Controls as Barrier to Ethiopian Trade Integration
03:06 Safaricom Reaffirms Optional Status for M-Pesa Wealth Management Products
03:47 Industry Report Details Regulatory Bottlenecks Impeding AfCFTA Trade Infrastruc…
04:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-09/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>We are leading today with a major cross-border payments pilot in the DRC, as Visa and M-Pesa test stablecoin settlement to bypass legacy banking paths. Elsewhere, Coinbase is deploying programmable wallets to establish a dedicated micro-payment infrastructure for autonomous AI agents.</p><h3>In this episode</h3><ul><li><strong>Visa and M-Pesa Launch Stablecoin Pilot for Cross-Border Settlement in DRC</strong> — Expanding on the enterprise stablecoin platform it launched last month, Visa has partnered with Vodacom's M-Pesa in the…</li><li><strong>Coinbase Deploys Base AgentKit for Automated AI Micro-Payments</strong> — Following its initial adoption of the open-source x402 standard last month, Coinbase has rolled out Base AgentKit on…</li><li><strong>Sudan Restores National Payment Switch After Three-Year Disruption</strong> — Sudan's National Payment Switch has officially re-entered service after a three-year outage caused by armed conflict…</li><li><strong>AfDB Report Flags Exchange Controls as Barrier to Ethiopian Trade Integration</strong> — Adding to the structural trade bottlenecks we've been tracking, a newly released macro-fiscal assessment from the…</li><li><strong>Safaricom Reaffirms Optional Status for M-Pesa Wealth Management Products</strong> — Following widespread user confusion on social channels, Safaricom issued a public clarification confirming that…</li><li><strong>Industry Report Details Regulatory Bottlenecks Impeding AfCFTA Trade Infrastructure</strong> — A new industry report published Saturday outlines how conflicting national licensing requirements, unaligned dispute…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:57 Coinbase Deploys Base AgentKit for Automated AI Micro-Payments<br/>01:41 Sudan Restores National Payment Switch After Three-Year Disruption<br/>02:21 AfDB Report Flags Exchange Controls as Barrier to Ethiopian Trade Integration<br/>03:06 Safaricom Reaffirms Optional Status for M-Pesa Wealth Management Products<br/>03:47 Industry Report Details Regulatory Bottlenecks Impeding AfCFTA Trade Infrastruc…<br/>04:31 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-09/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-09/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-09.mp3" length="2645058" type="audio/mpeg"/>
      <pubDate>Sun, 09 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>We are leading today with a major cross-border payments pilot in the DRC, as Visa and M-Pesa test stablecoin settlement to bypass legacy banking paths. Elsewhere, Coinbase is deploying programmable wallets to establish a dedicated micro-pay</itunes:subtitle>
      <itunes:summary>We are leading today with a major cross-border payments pilot in the DRC, as Visa and M-Pesa test stablecoin settlement to bypass legacy banking paths. Elsewhere, Coinbase is deploying programmable wallets to establish a dedicated micro-payment infrastructure for autonomous AI agents.

In this episode:
• Visa and M-Pesa Launch Stablecoin Pilot for Cross-Border Settlement in DRC
• Coinbase Deploys Base AgentKit for Automated AI Micro-Payments
• Sudan Restores National Payment Switch After Three-Year Disruption
• AfDB Report Flags Exchange Controls as Barrier to Ethiopian Trade Integration
• Safaricom Reaffirms Optional Status for M-Pesa Wealth Management Products
• Industry Report Details Regulatory Bottlenecks Impeding AfCFTA Trade Infrastructure

Chapters:
00:00 Intro
00:57 Coinbase Deploys Base AgentKit for Automated AI Micro-Payments
01:41 Sudan Restores National Payment Switch After Three-Year Disruption
02:21 AfDB Report Flags Exchange Controls as Barrier to Ethiopian Trade Integration
03:06 Safaricom Reaffirms Optional Status for M-Pesa Wealth Management Products
03:47 Industry Report Details Regulatory Bottlenecks Impeding AfCFTA Trade Infrastruc…
04:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-09/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>38</itunes:episode>
      <itunes:title>Aug 9: Visa and M-Pesa Launch Stablecoin Pilot for Cross-Border Settlement in DRC</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 8: Naira Stablecoin cNGN Launches on Celo Blockchain with Cross-Chain FX Settlement</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-08/</link>
      <description>Today on The Settlement Layer, South Africa's ongoing effort to tighten exchange controls has culminated in a proposed ban on corporate digital asset transfers. We're also tracking the launch of a Naira-backed stablecoin built for cross-chain FX settlement, and looking at how mobile money operators are facing new legal liabilities for transaction fraud.

In this episode:
• Naira Stablecoin cNGN Launches on Celo Blockchain with Cross-Chain FX Settlement
• IMF Warns Emerging Market Stablecoin Inflows Threaten Central Bank Monetary Control
• South Africa Proposes Draft Rules Banning Corporate Cross-Border Crypto Transfers
• Bitlipa Unveils Unified API for Instant Stablecoin Settlement Across 18 African Markets
• Busha Business and Tether Partner on Compliant Stablecoin Infrastructure for SMEs
• Clea Launches Vendor Payment Tool for Direct International Merchant Settlement
• Nigerian Commercial Banks Increase Dollar Spending Limits on Local Cards
• Rand-Backed Stablecoin ZARU Lists on Luno Global for On-Chain Trading
• High Court Case Against CBK and Safaricom Challenges Mobile Money Security Liability
• Tanzania Amends FX Rules to Allow Overseas Investors Full Access to Debt Markets
• Pesapal Partners with UnionPay International to Scale East African Card Acceptance

Chapters:
00:00 Intro
01:08 IMF Warns Emerging Market Stablecoin Inflows Threaten Central Bank Monetary Con…
01:49 South Africa Proposes Draft Rules Banning Corporate Cross-Border Crypto Transfe…
02:31 Bitlipa Unveils Unified API for Instant Stablecoin Settlement Across 18 African…
03:15 Busha Business and Tether Partner on Compliant Stablecoin Infrastructure for SM…
04:11 Nigerian Commercial Banks Increase Dollar Spending Limits on Local Cards
04:42 Rand-Backed Stablecoin ZARU Lists on Luno Global for On-Chain Trading
05:44 Tanzania Amends FX Rules to Allow Overseas Investors Full Access to Debt Markets
06:41 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-08/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer, South Africa's ongoing effort to tighten exchange controls has culminated in a proposed ban on corporate digital asset transfers. We're also tracking the launch of a Naira-backed stablecoin built for cross-chain FX settlement, and looking at how mobile money operators are facing new legal liabilities for transaction fraud.</p><h3>In this episode</h3><ul><li><strong>Naira Stablecoin cNGN Launches on Celo Blockchain with Cross-Chain FX Settlement</strong> — WrappedCBDC on Friday launched its naira-backed stablecoin, cNGN, on the Celo blockchain, integrating with cross-chain…</li><li><strong>IMF Warns Emerging Market Stablecoin Inflows Threaten Central Bank Monetary Control</strong> — In a speech delivered Friday at the University of Cape Town, IMF First Deputy Managing Director Dan Katz warned that…</li><li><strong>South Africa Proposes Draft Rules Banning Corporate Cross-Border Crypto Transfers</strong> — Following the draft Crypto Asset Manual we tracked earlier this week, South African crypto exchanges are now warning…</li><li><strong>Bitlipa Unveils Unified API for Instant Stablecoin Settlement Across 18 African Markets</strong> — Velex Investments-backed Bitlipa on Friday launched a stablecoin-powered settlement API connecting 10 licensed PSPs and…</li><li><strong>Busha Business and Tether Partner on Compliant Stablecoin Infrastructure for SMEs</strong> — Busha Business partnered with Tether on Saturday to integrate stablecoin payment infrastructure into its SEC-licensed…</li><li><strong>Clea Launches Vendor Payment Tool for Direct International Merchant Settlement</strong> — Fintech platform Clea launched a new Vendor Payments product on Friday, enabling African businesses to fund accounts…</li><li><strong>Nigerian Commercial Banks Increase Dollar Spending Limits on Local Cards</strong> — Commercial banks in Nigeria, led by GTBank expanding quarterly limits to $20,000, are raising international card…</li><li><strong>Rand-Backed Stablecoin ZARU Lists on Luno Global for On-Chain Trading</strong> — BlockTower's ZARU stablecoin was listed on Luno Global on Friday, establishing direct trading pairs against USDT and…</li><li><strong>High Court Case Against CBK and Safaricom Challenges Mobile Money Security Liability</strong> — A landmark constitutional petition cleared by Kenya's High Court on Friday targets CBK and Safaricom over systemic…</li><li><strong>Tanzania Amends FX Rules to Allow Overseas Investors Full Access to Debt Markets</strong> — Tanzania gazetted amendments to its Foreign Exchange Regulations on Friday, opening its Treasury bills and bonds to all…</li><li><strong>Pesapal Partners with UnionPay International to Scale East African Card Acceptance</strong> — Pesapal partnered with UnionPay International on Friday to deploy card processing across 3,000 retail points of sale in…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:08 IMF Warns Emerging Market Stablecoin Inflows Threaten Central Bank Monetary Con…<br/>01:49 South Africa Proposes Draft Rules Banning Corporate Cross-Border Crypto Transfe…<br/>02:31 Bitlipa Unveils Unified API for Instant Stablecoin Settlement Across 18 African…<br/>03:15 Busha Business and Tether Partner on Compliant Stablecoin Infrastructure for SM…<br/>04:11 Nigerian Commercial Banks Increase Dollar Spending Limits on Local Cards<br/>04:42 Rand-Backed Stablecoin ZARU Lists on Luno Global for On-Chain Trading<br/>05:44 Tanzania Amends FX Rules to Allow Overseas Investors Full Access to Debt Markets<br/>06:41 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-08/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-08/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-08.mp3" length="3781066" type="audio/mpeg"/>
      <pubDate>Sat, 08 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer, South Africa's ongoing effort to tighten exchange controls has culminated in a proposed ban on corporate digital asset transfers. We're also tracking the launch of a Naira-backed stablecoin built for cross-cha</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer, South Africa's ongoing effort to tighten exchange controls has culminated in a proposed ban on corporate digital asset transfers. We're also tracking the launch of a Naira-backed stablecoin built for cross-chain FX settlement, and looking at how mobile money operators are facing new legal liabilities for transaction fraud.

In this episode:
• Naira Stablecoin cNGN Launches on Celo Blockchain with Cross-Chain FX Settlement
• IMF Warns Emerging Market Stablecoin Inflows Threaten Central Bank Monetary Control
• South Africa Proposes Draft Rules Banning Corporate Cross-Border Crypto Transfers
• Bitlipa Unveils Unified API for Instant Stablecoin Settlement Across 18 African Markets
• Busha Business and Tether Partner on Compliant Stablecoin Infrastructure for SMEs
• Clea Launches Vendor Payment Tool for Direct International Merchant Settlement
• Nigerian Commercial Banks Increase Dollar Spending Limits on Local Cards
• Rand-Backed Stablecoin ZARU Lists on Luno Global for On-Chain Trading
• High Court Case Against CBK and Safaricom Challenges Mobile Money Security Liability
• Tanzania Amends FX Rules to Allow Overseas Investors Full Access to Debt Markets
• Pesapal Partners with UnionPay International to Scale East African Card Acceptance

Chapters:
00:00 Intro
01:08 IMF Warns Emerging Market Stablecoin Inflows Threaten Central Bank Monetary Con…
01:49 South Africa Proposes Draft Rules Banning Corporate Cross-Border Crypto Transfe…
02:31 Bitlipa Unveils Unified API for Instant Stablecoin Settlement Across 18 African…
03:15 Busha Business and Tether Partner on Compliant Stablecoin Infrastructure for SM…
04:11 Nigerian Commercial Banks Increase Dollar Spending Limits on Local Cards
04:42 Rand-Backed Stablecoin ZARU Lists on Luno Global for On-Chain Trading
05:44 Tanzania Amends FX Rules to Allow Overseas Investors Full Access to Debt Markets
06:41 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-08/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>37</itunes:episode>
      <itunes:title>Aug 8: Naira Stablecoin cNGN Launches on Celo Blockchain with Cross-Chain FX Settlement</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 7: South Africa Proposes New Law Giving Banks Power to Freeze Tax Refunds</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-07/</link>
      <description>The ground is shifting for financial crime. A new INTERPOL report unpacks the regional specializations of cybercrime in Africa, with mobile money fraud concentrated in the East and BEC scams in the West. Meanwhile, a Finextra long-read details how AI is increasingly used to exploit human psychology, not just system vulnerabilities, making authorized push payment fraud a growing threat.

In this episode:
• South Africa Proposes New Law Giving Banks Power to Freeze Tax Refunds
• Nigeria's Naira Plunges to N1,410 on Parallel Market Amid Depleting Reserves
• Signifyd Report: AI Drives 33% Surge in Ecommerce Fraud Pressure, ATO Attacks Up 78%
• INTERPOL: AI Involved in 55% of African Cybercrime, Losses Double to $484M
• Report: False Declines Cost South African Banks $160,000 Annually in Lost Interchange
• Analysis: The Future of AI in Finance Is Documented 'Human-in-the-Loop' Oversight
• Egypt Leads African De-Dollarization Trend, Shifting Trade to Yuan and Local Currencies
• Interswitch and Temenos Deepen Partnership with CBN to Modernize Nigeria's Banking Tech
• US Court Overturns Ban on Perplexity's AI Shopping Agent, Setting Precedent for Agentic Commerce
• Analysis: As Stablecoins Go Mainstream, Focus Shifts to FX and Local Currency Settlement
• CLEA Launches Stablecoin-Powered Vendor Payments for African Businesses
• Experts Warn Kenya's New Crypto Rules Could Increase Transaction Costs and Fragment the Market

Chapters:
00:00 Intro
00:56 Nigeria's Naira Plunges to N1,410 on Parallel Market Amid Depleting Reserves
01:37 Signifyd Report: AI Drives 33% Surge in Ecommerce Fraud Pressure, ATO Attacks U…
02:11 INTERPOL: AI Involved in 55% of African Cybercrime, Losses Double to $484M
02:49 Report: False Declines Cost South African Banks $160,000 Annually in Lost Inter…
03:25 Analysis: The Future of AI in Finance Is Documented 'Human-in-the-Loop' Oversig…
03:59 Egypt Leads African De-Dollarization Trend, Shifting Trade to Yuan and Local Cu…
04:32 Interswitch and Temenos Deepen Partnership with CBN to Modernize Nigeria's Bank…
05:05 US Court Overturns Ban on Perplexity's AI Shopping Agent, Setting Precedent for…
05:42 Analysis: As Stablecoins Go Mainstream, Focus Shifts to FX and Local Currency S…
06:14 CLEA Launches Stablecoin-Powered Vendor Payments for African Businesses
06:46 Experts Warn Kenya's New Crypto Rules Could Increase Transaction Costs and Frag…
07:18 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-07/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The ground is shifting for financial crime. A new INTERPOL report unpacks the regional specializations of cybercrime in Africa, with mobile money fraud concentrated in the East and BEC scams in the West. Meanwhile, a Finextra long-read details how AI is increasingly used to exploit human psychology, not just system vulnerabilities, making authorized push payment fraud a growing threat.</p><h3>In this episode</h3><ul><li><strong>South Africa Proposes New Law Giving Banks Power to Freeze Tax Refunds</strong> — South Africa's National Treasury has published a draft bill that would give banks a formal role in helping the South…</li><li><strong>Nigeria's Naira Plunges to N1,410 on Parallel Market Amid Depleting Reserves</strong> — Contradicting the recent stabilization and narrowing rate gap we've tracked following CBN interventions, the Nigerian…</li><li><strong>Signifyd Report: AI Drives 33% Surge in Ecommerce Fraud Pressure, ATO Attacks Up 78%</strong> — Signifyd's 2026 State of Fraud Report, released Thursday, reveals a 33% increase in e-commerce fraud pressure in the…</li><li><strong>INTERPOL: AI Involved in 55% of African Cybercrime, Losses Double to $484M</strong> — INTERPOL's full 2026 African Cyberthreat Assessment adds geographic granularity to the 55% AI-involvement rate and $484…</li><li><strong>Report: False Declines Cost South African Banks $160,000 Annually in Lost Interchange</strong> — A new report from BPC indicates that South African banks could be losing an estimated $160,000 annually in interchange…</li><li><strong>Analysis: The Future of AI in Finance Is Documented 'Human-in-the-Loop' Oversight</strong> — An analysis in Forbes highlights a rapid shift in AI governance, moving from experimentation to a focus on practical…</li><li><strong>Egypt Leads African De-Dollarization Trend, Shifting Trade to Yuan and Local Currencies</strong> — According to a report from The Economist, African nations, with Egypt at the forefront, are actively accelerating their…</li><li><strong>Interswitch and Temenos Deepen Partnership with CBN to Modernize Nigeria's Banking Tech</strong> — Interswitch Group and Swiss banking software firm Temenos announced on Thursday they are expanding their partnership…</li><li><strong>US Court Overturns Ban on Perplexity's AI Shopping Agent, Setting Precedent for Agentic Commerce</strong> — A US appeals court on Wednesday overturned a temporary ban against Perplexity, allowing its AI-powered shopping tools…</li><li><strong>Analysis: As Stablecoins Go Mainstream, Focus Shifts to FX and Local Currency Settlement</strong> — As stablecoins gain traction for payments, particularly with initiatives like Visa's Stablecoin Platform, a new…</li><li><strong>CLEA Launches Stablecoin-Powered Vendor Payments for African Businesses</strong> — African cross-border fintech CLEA has launched a new vendor payment solution, allowing African businesses to pay…</li><li><strong>Experts Warn Kenya's New Crypto Rules Could Increase Transaction Costs and Fragment the Market</strong> — Following the gazetting of Kenya's new Virtual Asset Service Providers (VASP) Regulations, experts are warning of…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:56 Nigeria's Naira Plunges to N1,410 on Parallel Market Amid Depleting Reserves<br/>01:37 Signifyd Report: AI Drives 33% Surge in Ecommerce Fraud Pressure, ATO Attacks U…<br/>02:11 INTERPOL: AI Involved in 55% of African Cybercrime, Losses Double to $484M<br/>02:49 Report: False Declines Cost South African Banks $160,000 Annually in Lost Inter…<br/>03:25 Analysis: The Future of AI in Finance Is Documented 'Human-in-the-Loop' Oversig…<br/>03:59 Egypt Leads African De-Dollarization Trend, Shifting Trade to Yuan and Local Cu…<br/>04:32 Interswitch and Temenos Deepen Partnership with CBN to Modernize Nigeria's Bank…<br/>05:05 US Court Overturns Ban on Perplexity's AI Shopping Agent, Setting Precedent for…<br/>05:42 Analysis: As Stablecoins Go Mainstream, Focus Shifts to FX and Local Currency S…<br/>06:14 CLEA Launches Stablecoin-Powered Vendor Payments for African Businesses<br/>06:46 Experts Warn Kenya's New Crypto Rules Could Increase Transaction Costs and Frag…<br/>07:18 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-07/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-07/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-07.mp3" length="3818356" type="audio/mpeg"/>
      <pubDate>Fri, 07 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The ground is shifting for financial crime. A new INTERPOL report unpacks the regional specializations of cybercrime in Africa, with mobile money fraud concentrated in the East and BEC scams in the West. Meanwhile, a Finextra long-read deta</itunes:subtitle>
      <itunes:summary>The ground is shifting for financial crime. A new INTERPOL report unpacks the regional specializations of cybercrime in Africa, with mobile money fraud concentrated in the East and BEC scams in the West. Meanwhile, a Finextra long-read details how AI is increasingly used to exploit human psychology, not just system vulnerabilities, making authorized push payment fraud a growing threat.

In this episode:
• South Africa Proposes New Law Giving Banks Power to Freeze Tax Refunds
• Nigeria's Naira Plunges to N1,410 on Parallel Market Amid Depleting Reserves
• Signifyd Report: AI Drives 33% Surge in Ecommerce Fraud Pressure, ATO Attacks Up 78%
• INTERPOL: AI Involved in 55% of African Cybercrime, Losses Double to $484M
• Report: False Declines Cost South African Banks $160,000 Annually in Lost Interchange
• Analysis: The Future of AI in Finance Is Documented 'Human-in-the-Loop' Oversight
• Egypt Leads African De-Dollarization Trend, Shifting Trade to Yuan and Local Currencies
• Interswitch and Temenos Deepen Partnership with CBN to Modernize Nigeria's Banking Tech
• US Court Overturns Ban on Perplexity's AI Shopping Agent, Setting Precedent for Agentic Commerce
• Analysis: As Stablecoins Go Mainstream, Focus Shifts to FX and Local Currency Settlement
• CLEA Launches Stablecoin-Powered Vendor Payments for African Businesses
• Experts Warn Kenya's New Crypto Rules Could Increase Transaction Costs and Fragment the Market

Chapters:
00:00 Intro
00:56 Nigeria's Naira Plunges to N1,410 on Parallel Market Amid Depleting Reserves
01:37 Signifyd Report: AI Drives 33% Surge in Ecommerce Fraud Pressure, ATO Attacks U…
02:11 INTERPOL: AI Involved in 55% of African Cybercrime, Losses Double to $484M
02:49 Report: False Declines Cost South African Banks $160,000 Annually in Lost Inter…
03:25 Analysis: The Future of AI in Finance Is Documented 'Human-in-the-Loop' Oversig…
03:59 Egypt Leads African De-Dollarization Trend, Shifting Trade to Yuan and Local Cu…
04:32 Interswitch and Temenos Deepen Partnership with CBN to Modernize Nigeria's Bank…
05:05 US Court Overturns Ban on Perplexity's AI Shopping Agent, Setting Precedent for…
05:42 Analysis: As Stablecoins Go Mainstream, Focus Shifts to FX and Local Currency S…
06:14 CLEA Launches Stablecoin-Powered Vendor Payments for African Businesses
06:46 Experts Warn Kenya's New Crypto Rules Could Increase Transaction Costs and Frag…
07:18 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-07/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>36</itunes:episode>
      <itunes:title>Aug 7: South Africa Proposes New Law Giving Banks Power to Freeze Tax Refunds</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 6: The Practical Turn: Tearsheet Awards and Antom Guide Showcase AI's Shift to Measurable…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-06/</link>
      <description>B2B stablecoin infrastructure is entering a more mature, compliance-driven phase. Mastercard is directly embedding regulatory checks into cross-border crypto transactions via a new partnership, while a deeper look at Yellow Card’s recent funding highlights a strategic pivot toward enterprise treasury services. Elsewhere, we're unpacking new details from INTERPOL on the specific AI vectors driving African cybercrime, and examining the Central Bank of Kenya's move to cap mobile money investments in infrastructure bonds.

In this episode:
• The Practical Turn: Tearsheet Awards and Antom Guide Showcase AI's Shift to Measurable Outcomes in Payments
• Analysis: Yellow Card's Post-Funding Strategy Pivots to Enterprise Stablecoin Services
• AI-Enabled Fraud Accounts for 55% of African Cybercrime, INTERPOL Report Details
• Autonomous AI Agents Could Drive 90% of Fraud by 2028, Incode Report Warns
• 70% of Finance Teams Faced Fraud Attempts; AI Users Doubled Detection Rate, Study Finds
• Visa Acquires BioCatch for $2.4B to Embed Behavioral Biometrics in Payment Network
• CBK Caps M-Pesa Payments for Infrastructure Bonds at KSh 250,000
• Safaricom's Pochi la Biashara Cuts Fees, Adds Credit and Insurance for SMEs
• Mastercard and Borderless.xyz Partner to Build Compliance into Cross-Border Stablecoin Payments
• Experts: Weak Currencies and Policy Failures Stall Intra-African Trade, Costing $5B Annually
• CEMAC Central Bank Standardizes Regional QR Code, Joins PAPSS
• Moment Raises $22M Series A to Expand African Payments Infrastructure
• Nigeria's CBN Upgrades Licenses for OPay, Moniepoint to National Status

Chapters:
00:00 Intro
01:02 Analysis: Yellow Card's Post-Funding Strategy Pivots to Enterprise Stablecoin S…
01:37 AI-Enabled Fraud Accounts for 55% of African Cybercrime, INTERPOL Report Details
02:14 Autonomous AI Agents Could Drive 90% of Fraud by 2028, Incode Report Warns
02:48 70% of Finance Teams Faced Fraud Attempts; AI Users Doubled Detection Rate, Stu…
03:18 Visa Acquires BioCatch for $2.4B to Embed Behavioral Biometrics in Payment Netw…
03:52 CBK Caps M-Pesa Payments for Infrastructure Bonds at KSh 250,000
04:52 Mastercard and Borderless.xyz Partner to Build Compliance into Cross-Border Sta…
05:25 Experts: Weak Currencies and Policy Failures Stall Intra-African Trade, Costing…
06:20 Moment Raises $22M Series A to Expand African Payments Infrastructure
07:16 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-06/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>B2B stablecoin infrastructure is entering a more mature, compliance-driven phase. Mastercard is directly embedding regulatory checks into cross-border crypto transactions via a new partnership, while a deeper look at Yellow Card’s recent funding highlights a strategic pivot toward enterprise treasury services. Elsewhere, we're unpacking new details from INTERPOL on the specific AI vectors driving African cybercrime, and examining the Central Bank of Kenya's move to cap mobile money investments in infrastructure bonds.</p><h3>In this episode</h3><ul><li><strong>The Practical Turn: Tearsheet Awards and Antom Guide Showcase AI's Shift to Measurable Outcomes in Payments</strong> — The focus of AI in financial services is shifting from speculative pilots to production-grade tools with measurable…</li><li><strong>Analysis: Yellow Card's Post-Funding Strategy Pivots to Enterprise Stablecoin Services</strong> — Following the $40 million funding round we tracked earlier this week, a deeper analysis reveals Yellow Card's strategic…</li><li><strong>AI-Enabled Fraud Accounts for 55% of African Cybercrime, INTERPOL Report Details</strong> — Fleshing out the headline figures we tracked yesterday, INTERPOL's full African Cyberthreat Assessment Report details…</li><li><strong>Autonomous AI Agents Could Drive 90% of Fraud by 2028, Incode Report Warns</strong> — A new report from identity verification firm Incode, published Wednesday, predicts that autonomous AI agents could be…</li><li><strong>70% of Finance Teams Faced Fraud Attempts; AI Users Doubled Detection Rate, Study Finds</strong> — A new study from AP automation firm Yooz, released Wednesday, found that 70% of finance professionals say their…</li><li><strong>Visa Acquires BioCatch for $2.4B to Embed Behavioral Biometrics in Payment Network</strong> — Adding detail to an announcement made earlier this week, Visa's $2.4 billion acquisition of behavioral biometrics firm…</li><li><strong>CBK Caps M-Pesa Payments for Infrastructure Bonds at KSh 250,000</strong> — The Central Bank of Kenya (CBK) announced on Wednesday a KSh 250,000 limit for M-Pesa payments when purchasing…</li><li><strong>Safaricom's Pochi la Biashara Cuts Fees, Adds Credit and Insurance for SMEs</strong> — As the SME price war with Airtel we've been tracking intensifies, Safaricom's Pochi la Biashara merchant wallet is…</li><li><strong>Mastercard and Borderless.xyz Partner to Build Compliance into Cross-Border Stablecoin Payments</strong> — Mastercard is partnering with Borderless.xyz to integrate its Crypto Credential service into stablecoin-based…</li><li><strong>Experts: Weak Currencies and Policy Failures Stall Intra-African Trade, Costing $5B Annually</strong> — Despite initiatives like AfCFTA and PAPSS, Africa loses an estimated $5 billion annually by relying on hard currencies…</li><li><strong>CEMAC Central Bank Standardizes Regional QR Code, Joins PAPSS</strong> — Building on the Bank of Central African States (BEAC) joining PAPSS earlier this summer, the central bank has now…</li><li><strong>Moment Raises $22M Series A to Expand African Payments Infrastructure</strong> — Cape Town-based Moment, a payments infrastructure company, announced on Wednesday it has raised $22 million in a Series…</li><li><strong>Nigeria's CBN Upgrades Licenses for OPay, Moniepoint to National Status</strong> — The Central Bank of Nigeria (CBN) has upgraded the licenses of several major fintechs, including OPay, Moniepoint, and…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:02 Analysis: Yellow Card's Post-Funding Strategy Pivots to Enterprise Stablecoin S…<br/>01:37 AI-Enabled Fraud Accounts for 55% of African Cybercrime, INTERPOL Report Details<br/>02:14 Autonomous AI Agents Could Drive 90% of Fraud by 2028, Incode Report Warns<br/>02:48 70% of Finance Teams Faced Fraud Attempts; AI Users Doubled Detection Rate, Stu…<br/>03:18 Visa Acquires BioCatch for $2.4B to Embed Behavioral Biometrics in Payment Netw…<br/>03:52 CBK Caps M-Pesa Payments for Infrastructure Bonds at KSh 250,000<br/>04:52 Mastercard and Borderless.xyz Partner to Build Compliance into Cross-Border Sta…<br/>05:25 Experts: Weak Currencies and Policy Failures Stall Intra-African Trade, Costing…<br/>06:20 Moment Raises $22M Series A to Expand African Payments Infrastructure<br/>07:16 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-06/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-06/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-06.mp3" length="3999925" type="audio/mpeg"/>
      <pubDate>Thu, 06 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>B2B stablecoin infrastructure is entering a more mature, compliance-driven phase. Mastercard is directly embedding regulatory checks into cross-border crypto transactions via a new partnership, while a deeper look at Yellow Card’s recent fu</itunes:subtitle>
      <itunes:summary>B2B stablecoin infrastructure is entering a more mature, compliance-driven phase. Mastercard is directly embedding regulatory checks into cross-border crypto transactions via a new partnership, while a deeper look at Yellow Card’s recent funding highlights a strategic pivot toward enterprise treasury services. Elsewhere, we're unpacking new details from INTERPOL on the specific AI vectors driving African cybercrime, and examining the Central Bank of Kenya's move to cap mobile money investments in infrastructure bonds.

In this episode:
• The Practical Turn: Tearsheet Awards and Antom Guide Showcase AI's Shift to Measurable Outcomes in Payments
• Analysis: Yellow Card's Post-Funding Strategy Pivots to Enterprise Stablecoin Services
• AI-Enabled Fraud Accounts for 55% of African Cybercrime, INTERPOL Report Details
• Autonomous AI Agents Could Drive 90% of Fraud by 2028, Incode Report Warns
• 70% of Finance Teams Faced Fraud Attempts; AI Users Doubled Detection Rate, Study Finds
• Visa Acquires BioCatch for $2.4B to Embed Behavioral Biometrics in Payment Network
• CBK Caps M-Pesa Payments for Infrastructure Bonds at KSh 250,000
• Safaricom's Pochi la Biashara Cuts Fees, Adds Credit and Insurance for SMEs
• Mastercard and Borderless.xyz Partner to Build Compliance into Cross-Border Stablecoin Payments
• Experts: Weak Currencies and Policy Failures Stall Intra-African Trade, Costing $5B Annually
• CEMAC Central Bank Standardizes Regional QR Code, Joins PAPSS
• Moment Raises $22M Series A to Expand African Payments Infrastructure
• Nigeria's CBN Upgrades Licenses for OPay, Moniepoint to National Status

Chapters:
00:00 Intro
01:02 Analysis: Yellow Card's Post-Funding Strategy Pivots to Enterprise Stablecoin S…
01:37 AI-Enabled Fraud Accounts for 55% of African Cybercrime, INTERPOL Report Details
02:14 Autonomous AI Agents Could Drive 90% of Fraud by 2028, Incode Report Warns
02:48 70% of Finance Teams Faced Fraud Attempts; AI Users Doubled Detection Rate, Stu…
03:18 Visa Acquires BioCatch for $2.4B to Embed Behavioral Biometrics in Payment Netw…
03:52 CBK Caps M-Pesa Payments for Infrastructure Bonds at KSh 250,000
04:52 Mastercard and Borderless.xyz Partner to Build Compliance into Cross-Border Sta…
05:25 Experts: Weak Currencies and Policy Failures Stall Intra-African Trade, Costing…
06:20 Moment Raises $22M Series A to Expand African Payments Infrastructure
07:16 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-06/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>35</itunes:episode>
      <itunes:title>Aug 6: The Practical Turn: Tearsheet Awards and Antom Guide Showcase AI's Shift to Measurable…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 5: South Africa Unveils Draft Rules to Bring Cross-Border Crypto Under Strict Capital Cont…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-05/</link>
      <description>The policy environment for digital assets in Africa is shifting from cautious observation to active extraction and restriction. South Africa has formally proposed a ban on corporate cross-border crypto transfers to defend the rand, while Nigeria is cementing a comprehensive new tax framework for stablecoins and tokens. We're also tracking a sobering assessment from INTERPOL detailing how AI is supercharging cybercrime losses across the continent, and Visa's multi-billion dollar bet on behavioral biometrics.

In this episode:
• South Africa Unveils Draft Rules to Bring Cross-Border Crypto Under Strict Capital Controls
• INTERPOL: AI-Enabled Attacks Drive African Cybercrime Losses to $484M, Doubling in a Year
• Nigeria Introduces 1.5% Stamp Duty on Crypto Purchases in New Tax Guidelines
• Microsoft: 1 in 5 Nigerian Internet Users Have Lost Money to Scams, Deepening Trust Crisis
• Visa to Acquire Behavioral Biometrics Firm BioCatch for $2.4B to Fight Upstream Fraud
• Mastercard Finalizes $1.8B BVNK Acquisition, Gaining Control of a Major Stablecoin Settlement Rail
• Airtel Kenya Launches 'Bizna Wallet' to Challenge Safaricom's Merchant Dominance, Sparking Price War
• Flutterwave Confirms East African Bank Acquisition as Part of Strategic Pivot
• Gabonese Fintech CLIKPAY Secures Regional License, Showing Path for Growth Beyond 'Big Four'
• Yellow Card Secures $40M to Expand Stablecoin-Based Payment Infrastructure
• Stanbic Bank Becomes First in Ghana to Offer Direct Yuan Settlement via CIPS
• GoLemon's Shutdown Offers Hard Lessons on Unit Economics in African E-commerce

Chapters:
00:00 Intro
01:01 INTERPOL: AI-Enabled Attacks Drive African Cybercrime Losses to $484M, Doubling…
01:49 Nigeria Introduces 1.5% Stamp Duty on Crypto Purchases in New Tax Guidelines
02:34 Microsoft: 1 in 5 Nigerian Internet Users Have Lost Money to Scams, Deepening T…
03:17 Visa to Acquire Behavioral Biometrics Firm BioCatch for $2.4B to Fight Upstream…
04:00 Mastercard Finalizes $1.8B BVNK Acquisition, Gaining Control of a Major Stablec…
04:39 Airtel Kenya Launches 'Bizna Wallet' to Challenge Safaricom's Merchant Dominanc…
05:18 Flutterwave Confirms East African Bank Acquisition as Part of Strategic Pivot
05:55 Gabonese Fintech CLIKPAY Secures Regional License, Showing Path for Growth Beyo…
06:34 Yellow Card Secures $40M to Expand Stablecoin-Based Payment Infrastructure
07:08 Stanbic Bank Becomes First in Ghana to Offer Direct Yuan Settlement via CIPS
07:43 GoLemon's Shutdown Offers Hard Lessons on Unit Economics in African E-commerce
08:22 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-05/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The policy environment for digital assets in Africa is shifting from cautious observation to active extraction and restriction. South Africa has formally proposed a ban on corporate cross-border crypto transfers to defend the rand, while Nigeria is cementing a comprehensive new tax framework for stablecoins and tokens. We're also tracking a sobering assessment from INTERPOL detailing how AI is supercharging cybercrime losses across the continent, and Visa's multi-billion dollar bet on behavioral biometrics.</p><h3>In this episode</h3><ul><li><strong>South Africa Unveils Draft Rules to Bring Cross-Border Crypto Under Strict Capital Controls</strong> — Following up on the capital control proposals we tracked yesterday, South Africa's National Treasury and Reserve Bank…</li><li><strong>INTERPOL: AI-Enabled Attacks Drive African Cybercrime Losses to $484M, Doubling in a Year</strong> — We noted the headline figures from INTERPOL's 2026 African Cyberthreat Assessment Report yesterday; the full release…</li><li><strong>Nigeria Introduces 1.5% Stamp Duty on Crypto Purchases in New Tax Guidelines</strong> — Fleshing out the crypto tax guidelines we've been tracking, Nigeria's Revenue Service now mandates that Virtual Asset…</li><li><strong>Microsoft: 1 in 5 Nigerian Internet Users Have Lost Money to Scams, Deepening Trust Crisis</strong> — A new report from Microsoft reveals that one in five Nigerian internet users has lost money or personal data to online…</li><li><strong>Visa to Acquire Behavioral Biometrics Firm BioCatch for $2.4B to Fight Upstream Fraud</strong> — Following the industry-wide shift toward behavioral analytics we've been tracking, Visa announced on Monday its…</li><li><strong>Mastercard Finalizes $1.8B BVNK Acquisition, Gaining Control of a Major Stablecoin Settlement Rail</strong> — Mastercard confirmed on Tuesday it has completed its acquisition of crypto infrastructure provider BVNK, reportedly for…</li><li><strong>Airtel Kenya Launches 'Bizna Wallet' to Challenge Safaricom's Merchant Dominance, Sparking Price War</strong> — The SME merchant payment war in Kenya we highlighted yesterday is accelerating.</li><li><strong>Flutterwave Confirms East African Bank Acquisition as Part of Strategic Pivot</strong> — Flutterwave CEO Olugbenga Agboola confirmed on Tuesday that the company is in the process of acquiring an unnamed bank…</li><li><strong>Gabonese Fintech CLIKPAY Secures Regional License, Showing Path for Growth Beyond 'Big Four'</strong> — CLIKPAY, a Gabonese digital payments company, has become the first fintech to secure a payment institution license from…</li><li><strong>Yellow Card Secures $40M to Expand Stablecoin-Based Payment Infrastructure</strong> — Yellow Card, a major African stablecoin infrastructure provider, announced on Tuesday it has raised $40 million in…</li><li><strong>Stanbic Bank Becomes First in Ghana to Offer Direct Yuan Settlement via CIPS</strong> — Standard Bank Group's push to build direct yuan clearing rails across the continent has reached West Africa.</li><li><strong>GoLemon's Shutdown Offers Hard Lessons on Unit Economics in African E-commerce</strong> — The recent closure of GoLemon, a Lagos-based grocery delivery startup, highlights the persistent profitability…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:01 INTERPOL: AI-Enabled Attacks Drive African Cybercrime Losses to $484M, Doubling…<br/>01:49 Nigeria Introduces 1.5% Stamp Duty on Crypto Purchases in New Tax Guidelines<br/>02:34 Microsoft: 1 in 5 Nigerian Internet Users Have Lost Money to Scams, Deepening T…<br/>03:17 Visa to Acquire Behavioral Biometrics Firm BioCatch for $2.4B to Fight Upstream…<br/>04:00 Mastercard Finalizes $1.8B BVNK Acquisition, Gaining Control of a Major Stablec…<br/>04:39 Airtel Kenya Launches 'Bizna Wallet' to Challenge Safaricom's Merchant Dominanc…<br/>05:18 Flutterwave Confirms East African Bank Acquisition as Part of Strategic Pivot<br/>05:55 Gabonese Fintech CLIKPAY Secures Regional License, Showing Path for Growth Beyo…<br/>06:34 Yellow Card Secures $40M to Expand Stablecoin-Based Payment Infrastructure<br/>07:08 Stanbic Bank Becomes First in Ghana to Offer Direct Yuan Settlement via CIPS<br/>07:43 GoLemon's Shutdown Offers Hard Lessons on Unit Economics in African E-commerce<br/>08:22 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-05/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-05/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-05.mp3" length="4462220" type="audio/mpeg"/>
      <pubDate>Wed, 05 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The policy environment for digital assets in Africa is shifting from cautious observation to active extraction and restriction. South Africa has formally proposed a ban on corporate cross-border crypto transfers to defend the rand, while Ni</itunes:subtitle>
      <itunes:summary>The policy environment for digital assets in Africa is shifting from cautious observation to active extraction and restriction. South Africa has formally proposed a ban on corporate cross-border crypto transfers to defend the rand, while Nigeria is cementing a comprehensive new tax framework for stablecoins and tokens. We're also tracking a sobering assessment from INTERPOL detailing how AI is supercharging cybercrime losses across the continent, and Visa's multi-billion dollar bet on behavioral biometrics.

In this episode:
• South Africa Unveils Draft Rules to Bring Cross-Border Crypto Under Strict Capital Controls
• INTERPOL: AI-Enabled Attacks Drive African Cybercrime Losses to $484M, Doubling in a Year
• Nigeria Introduces 1.5% Stamp Duty on Crypto Purchases in New Tax Guidelines
• Microsoft: 1 in 5 Nigerian Internet Users Have Lost Money to Scams, Deepening Trust Crisis
• Visa to Acquire Behavioral Biometrics Firm BioCatch for $2.4B to Fight Upstream Fraud
• Mastercard Finalizes $1.8B BVNK Acquisition, Gaining Control of a Major Stablecoin Settlement Rail
• Airtel Kenya Launches 'Bizna Wallet' to Challenge Safaricom's Merchant Dominance, Sparking Price War
• Flutterwave Confirms East African Bank Acquisition as Part of Strategic Pivot
• Gabonese Fintech CLIKPAY Secures Regional License, Showing Path for Growth Beyond 'Big Four'
• Yellow Card Secures $40M to Expand Stablecoin-Based Payment Infrastructure
• Stanbic Bank Becomes First in Ghana to Offer Direct Yuan Settlement via CIPS
• GoLemon's Shutdown Offers Hard Lessons on Unit Economics in African E-commerce

Chapters:
00:00 Intro
01:01 INTERPOL: AI-Enabled Attacks Drive African Cybercrime Losses to $484M, Doubling…
01:49 Nigeria Introduces 1.5% Stamp Duty on Crypto Purchases in New Tax Guidelines
02:34 Microsoft: 1 in 5 Nigerian Internet Users Have Lost Money to Scams, Deepening T…
03:17 Visa to Acquire Behavioral Biometrics Firm BioCatch for $2.4B to Fight Upstream…
04:00 Mastercard Finalizes $1.8B BVNK Acquisition, Gaining Control of a Major Stablec…
04:39 Airtel Kenya Launches 'Bizna Wallet' to Challenge Safaricom's Merchant Dominanc…
05:18 Flutterwave Confirms East African Bank Acquisition as Part of Strategic Pivot
05:55 Gabonese Fintech CLIKPAY Secures Regional License, Showing Path for Growth Beyo…
06:34 Yellow Card Secures $40M to Expand Stablecoin-Based Payment Infrastructure
07:08 Stanbic Bank Becomes First in Ghana to Offer Direct Yuan Settlement via CIPS
07:43 GoLemon's Shutdown Offers Hard Lessons on Unit Economics in African E-commerce
08:22 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-05/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>34</itunes:episode>
      <itunes:title>Aug 5: South Africa Unveils Draft Rules to Bring Cross-Border Crypto Under Strict Capital Cont…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 4: South Africa Proposes Ban on Corporate Cross-Border Crypto Transfers</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-04/</link>
      <description>South Africa's regulators are moving to strictly enforce capital controls this morning, proposing a ban on corporate cross-border crypto transfers that could reshape digital settlement. Meanwhile, a new INTERPOL report details how AI-generated synthetic identities are supercharging financial fraud across the continent, and Nigeria brings stablecoins into its tax net.

In this episode:
• South Africa Proposes Ban on Corporate Cross-Border Crypto Transfers
• INTERPOL Report: AI-Enabled Fraud Drives African Cybercrime Losses to $484M
• Shopify and Stripe Roll Out AI-Powered 'Adaptive Checkouts', Reshaping Conversion Optimization
• Nigeria's Revenue Service Formalizes Crypto Taxation With New Guidelines
• Kenya's Mobile Money War Heats Up as Airtel Targets Safaricom's Merchant Dominance
• Analysis: Payment Infrastructure Value Moves to Back-End Orchestration, AI, and Stablecoin Rails
• New Competitor NjiaPay Launches One-Click Payments for South African Merchants
• CBN Defends Licensing of 18 Mobile Money Operators to Deepen Financial Inclusion
• Kenyan High Court Rules CBK Can Be Held Accountable in Mobile Money Fraud Case
• Analysis: Transaction Data is the 'AI Superpower' in B2B Payments
• Payaza Secures Exclusive Deal to Power Lebara Nigeria's New Commerce Platform
• AWS Cuts Prices on OpenAI Models in Bedrock, Expands Multicloud and Identity Tools

Chapters:
00:00 Intro
01:02 INTERPOL Report: AI-Enabled Fraud Drives African Cybercrime Losses to $484M
01:46 Shopify and Stripe Roll Out AI-Powered 'Adaptive Checkouts', Reshaping Conversi…
02:33 Nigeria's Revenue Service Formalizes Crypto Taxation With New Guidelines
03:17 Kenya's Mobile Money War Heats Up as Airtel Targets Safaricom's Merchant Domina…
03:59 Analysis: Payment Infrastructure Value Moves to Back-End Orchestration, AI, and…
04:40 New Competitor NjiaPay Launches One-Click Payments for South African Merchants
05:17 CBN Defends Licensing of 18 Mobile Money Operators to Deepen Financial Inclusion
05:54 Kenyan High Court Rules CBK Can Be Held Accountable in Mobile Money Fraud Case
06:28 Analysis: Transaction Data is the 'AI Superpower' in B2B Payments
07:04 Payaza Secures Exclusive Deal to Power Lebara Nigeria's New Commerce Platform
07:38 AWS Cuts Prices on OpenAI Models in Bedrock, Expands Multicloud and Identity To…
08:16 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-04/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>South Africa's regulators are moving to strictly enforce capital controls this morning, proposing a ban on corporate cross-border crypto transfers that could reshape digital settlement. Meanwhile, a new INTERPOL report details how AI-generated synthetic identities are supercharging financial fraud across the continent, and Nigeria brings stablecoins into its tax net.</p><h3>In this episode</h3><ul><li><strong>South Africa Proposes Ban on Corporate Cross-Border Crypto Transfers</strong> — Following recent warnings from SARB Governor Lesetja Kganyago about capital control evasion, South Africa's National…</li><li><strong>INTERPOL Report: AI-Enabled Fraud Drives African Cybercrime Losses to $484M</strong> — Adding scale to the recent reports of synthetic identities defeating liveness checks in East Africa, INTERPOL's new…</li><li><strong>Shopify and Stripe Roll Out AI-Powered 'Adaptive Checkouts', Reshaping Conversion Optimization</strong> — Following Stripe's mid-July rollout of 'Adaptive Checkout'—which uses real-time signals to reorder payment…</li><li><strong>Nigeria's Revenue Service Formalizes Crypto Taxation With New Guidelines</strong> — Nigeria's Revenue Service (NRS) on Monday released its formal 'Guidelines on the Taxation of Virtual Assets,'…</li><li><strong>Kenya's Mobile Money War Heats Up as Airtel Targets Safaricom's Merchant Dominance</strong> — The competitive battle in Kenya's SME payment space is widening beyond Safaricom and the PesaLink banks.</li><li><strong>Analysis: Payment Infrastructure Value Moves to Back-End Orchestration, AI, and Stablecoin Rails</strong> — An analysis of the first half of 2026 reveals a market shift where value is increasingly captured by back-end payment…</li><li><strong>New Competitor NjiaPay Launches One-Click Payments for South African Merchants</strong> — South African payment startup NjiaPay announced on Monday the launch of a one-click payment product for online…</li><li><strong>CBN Defends Licensing of 18 Mobile Money Operators to Deepen Financial Inclusion</strong> — The Central Bank of Nigeria (CBN) on Monday defended its strategy of licensing approximately 18 Mobile Money Operators…</li><li><strong>Kenyan High Court Rules CBK Can Be Held Accountable in Mobile Money Fraud Case</strong> — A Kenyan High Court on Monday ruled that the Central Bank of Kenya (CBK) must take responsibility for addressing…</li><li><strong>Analysis: Transaction Data is the 'AI Superpower' in B2B Payments</strong> — According to Boost Payment Solutions CEO Dean M.</li><li><strong>Payaza Secures Exclusive Deal to Power Lebara Nigeria's New Commerce Platform</strong> — Nigerian fintech Payaza has secured an exclusive partnership to become the payment and technology provider for Lebara…</li><li><strong>AWS Cuts Prices on OpenAI Models in Bedrock, Expands Multicloud and Identity Tools</strong> — Following its recent shift from Bedrock Agents to the new 'AgentCore' framework, AWS announced significant price…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:02 INTERPOL Report: AI-Enabled Fraud Drives African Cybercrime Losses to $484M<br/>01:46 Shopify and Stripe Roll Out AI-Powered 'Adaptive Checkouts', Reshaping Conversi…<br/>02:33 Nigeria's Revenue Service Formalizes Crypto Taxation With New Guidelines<br/>03:17 Kenya's Mobile Money War Heats Up as Airtel Targets Safaricom's Merchant Domina…<br/>03:59 Analysis: Payment Infrastructure Value Moves to Back-End Orchestration, AI, and…<br/>04:40 New Competitor NjiaPay Launches One-Click Payments for South African Merchants<br/>05:17 CBN Defends Licensing of 18 Mobile Money Operators to Deepen Financial Inclusion<br/>05:54 Kenyan High Court Rules CBK Can Be Held Accountable in Mobile Money Fraud Case<br/>06:28 Analysis: Transaction Data is the 'AI Superpower' in B2B Payments<br/>07:04 Payaza Secures Exclusive Deal to Power Lebara Nigeria's New Commerce Platform<br/>07:38 AWS Cuts Prices on OpenAI Models in Bedrock, Expands Multicloud and Identity To…<br/>08:16 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-04/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-04/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-04.mp3" length="4225960" type="audio/mpeg"/>
      <pubDate>Tue, 04 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>South Africa's regulators are moving to strictly enforce capital controls this morning, proposing a ban on corporate cross-border crypto transfers that could reshape digital settlement. Meanwhile, a new INTERPOL report details how AI-genera</itunes:subtitle>
      <itunes:summary>South Africa's regulators are moving to strictly enforce capital controls this morning, proposing a ban on corporate cross-border crypto transfers that could reshape digital settlement. Meanwhile, a new INTERPOL report details how AI-generated synthetic identities are supercharging financial fraud across the continent, and Nigeria brings stablecoins into its tax net.

In this episode:
• South Africa Proposes Ban on Corporate Cross-Border Crypto Transfers
• INTERPOL Report: AI-Enabled Fraud Drives African Cybercrime Losses to $484M
• Shopify and Stripe Roll Out AI-Powered 'Adaptive Checkouts', Reshaping Conversion Optimization
• Nigeria's Revenue Service Formalizes Crypto Taxation With New Guidelines
• Kenya's Mobile Money War Heats Up as Airtel Targets Safaricom's Merchant Dominance
• Analysis: Payment Infrastructure Value Moves to Back-End Orchestration, AI, and Stablecoin Rails
• New Competitor NjiaPay Launches One-Click Payments for South African Merchants
• CBN Defends Licensing of 18 Mobile Money Operators to Deepen Financial Inclusion
• Kenyan High Court Rules CBK Can Be Held Accountable in Mobile Money Fraud Case
• Analysis: Transaction Data is the 'AI Superpower' in B2B Payments
• Payaza Secures Exclusive Deal to Power Lebara Nigeria's New Commerce Platform
• AWS Cuts Prices on OpenAI Models in Bedrock, Expands Multicloud and Identity Tools

Chapters:
00:00 Intro
01:02 INTERPOL Report: AI-Enabled Fraud Drives African Cybercrime Losses to $484M
01:46 Shopify and Stripe Roll Out AI-Powered 'Adaptive Checkouts', Reshaping Conversi…
02:33 Nigeria's Revenue Service Formalizes Crypto Taxation With New Guidelines
03:17 Kenya's Mobile Money War Heats Up as Airtel Targets Safaricom's Merchant Domina…
03:59 Analysis: Payment Infrastructure Value Moves to Back-End Orchestration, AI, and…
04:40 New Competitor NjiaPay Launches One-Click Payments for South African Merchants
05:17 CBN Defends Licensing of 18 Mobile Money Operators to Deepen Financial Inclusion
05:54 Kenyan High Court Rules CBK Can Be Held Accountable in Mobile Money Fraud Case
06:28 Analysis: Transaction Data is the 'AI Superpower' in B2B Payments
07:04 Payaza Secures Exclusive Deal to Power Lebara Nigeria's New Commerce Platform
07:38 AWS Cuts Prices on OpenAI Models in Bedrock, Expands Multicloud and Identity To…
08:16 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-04/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>33</itunes:episode>
      <itunes:title>Aug 4: South Africa Proposes Ban on Corporate Cross-Border Crypto Transfers</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 3: Nigeria Overhauls National ID Act, Boosting Digital Identity Framework</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-03/</link>
      <description>Nigeria's overhaul of its national digital identity law takes center stage this morning, establishing a new Root Certification Authority that promises to reshape merchant onboarding. The regulatory ground is also shifting rapidly across the continent: Kenya has abruptly scrapped its proposed cap on crypto ownership, and Tanzania is pushing through a sweeping mandate for digital payments.

In this episode:
• Nigeria Overhauls National ID Act, Boosting Digital Identity Framework
• Tanzania Mandates Digital Payments Across Key Sectors by July 2026
• Tether Partners with Nairobi Securities Exchange to Explore Digital Asset Infrastructure
• Standard Bank Authorized to Process Yuan Payments Across 19 African Countries
• CBN Flags 13,000+ BVNs for Fraud; Orders N19.12B in Customer Refunds
• Stanbic Bank Kenya Goes Live with Direct Yuan Settlement via CIPS
• Kenya Removes Crypto Ownership Cap, Easing Rules for VASPs
• South Africa's FSCA Warns of Criminal Networks Infiltrating Licensed Financial Firms
• Onafriq Details Layered Approach to Building Pan-African Stablecoin Infrastructure
• Spendin Expands to Francophone Africa with Instant Local Payouts and AI Tools
• Analysis: Riskified's Evolving Role in a New Era of AI-Driven Fraud

Chapters:
00:00 Intro
00:58 Tanzania Mandates Digital Payments Across Key Sectors by July 2026
01:28 Tether Partners with Nairobi Securities Exchange to Explore Digital Asset Infra…
02:00 Standard Bank Authorized to Process Yuan Payments Across 19 African Countries
02:30 CBN Flags 13,000+ BVNs for Fraud; Orders N19.12B in Customer Refunds
03:02 Stanbic Bank Kenya Goes Live with Direct Yuan Settlement via CIPS
04:01 South Africa's FSCA Warns of Criminal Networks Infiltrating Licensed Financial…
04:35 Onafriq Details Layered Approach to Building Pan-African Stablecoin Infrastruct…
05:05 Spendin Expands to Francophone Africa with Instant Local Payouts and AI Tools
06:03 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-03/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Nigeria's overhaul of its national digital identity law takes center stage this morning, establishing a new Root Certification Authority that promises to reshape merchant onboarding. The regulatory ground is also shifting rapidly across the continent: Kenya has abruptly scrapped its proposed cap on crypto ownership, and Tanzania is pushing through a sweeping mandate for digital payments.</p><h3>In this episode</h3><ul><li><strong>Nigeria Overhauls National ID Act, Boosting Digital Identity Framework</strong> — President Bola Tinubu signed the National Identity Management Commission (NIMC) Act 2026 on Monday, which replaces the…</li><li><strong>Tanzania Mandates Digital Payments Across Key Sectors by July 2026</strong> — Tanzania's government has announced a mandate requiring digital payments across key economic sectors by July 2026.</li><li><strong>Tether Partners with Nairobi Securities Exchange to Explore Digital Asset Infrastructure</strong> — Tether announced on Sunday it has signed a Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE)…</li><li><strong>Standard Bank Authorized to Process Yuan Payments Across 19 African Countries</strong> — Standard Bank has received authorization to process Chinese yuan (RMB) payments across 19 African countries, leveraging…</li><li><strong>CBN Flags 13,000+ BVNs for Fraud; Orders N19.12B in Customer Refunds</strong> — Nigeria's financial regulators are intensifying their crackdown on fraud and poor service.</li><li><strong>Stanbic Bank Kenya Goes Live with Direct Yuan Settlement via CIPS</strong> — Following up on its parent company's broader initiative, Stanbic Bank Kenya announced on Monday that it has begun…</li><li><strong>Kenya Removes Crypto Ownership Cap, Easing Rules for VASPs</strong> — As part of the Virtual Asset Service Providers (VASP) Regulations 2026 we've been tracking, Kenya's National Treasury…</li><li><strong>South Africa's FSCA Warns of Criminal Networks Infiltrating Licensed Financial Firms</strong> — South Africa's Financial Sector Conduct Authority (FSCA) warned on Sunday that sophisticated criminal syndicates may be…</li><li><strong>Onafriq Details Layered Approach to Building Pan-African Stablecoin Infrastructure</strong> — Following Onafriq's recent integration with Privy for wallet solutions, a new Sunday analysis details the rest of the…</li><li><strong>Spendin Expands to Francophone Africa with Instant Local Payouts and AI Tools</strong> — Fintech platform Spendin announced on Monday its expansion into Francophone Africa, launching services in Cameroon…</li><li><strong>Analysis: Riskified's Evolving Role in a New Era of AI-Driven Fraud</strong> — A new analysis of Riskified's position in the 2026 fraud prevention market highlights its continued strength with…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:58 Tanzania Mandates Digital Payments Across Key Sectors by July 2026<br/>01:28 Tether Partners with Nairobi Securities Exchange to Explore Digital Asset Infra…<br/>02:00 Standard Bank Authorized to Process Yuan Payments Across 19 African Countries<br/>02:30 CBN Flags 13,000+ BVNs for Fraud; Orders N19.12B in Customer Refunds<br/>03:02 Stanbic Bank Kenya Goes Live with Direct Yuan Settlement via CIPS<br/>04:01 South Africa's FSCA Warns of Criminal Networks Infiltrating Licensed Financial…<br/>04:35 Onafriq Details Layered Approach to Building Pan-African Stablecoin Infrastruct…<br/>05:05 Spendin Expands to Francophone Africa with Instant Local Payouts and AI Tools<br/>06:03 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-03/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-03/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-03.mp3" length="3181283" type="audio/mpeg"/>
      <pubDate>Mon, 03 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Nigeria's overhaul of its national digital identity law takes center stage this morning, establishing a new Root Certification Authority that promises to reshape merchant onboarding. The regulatory ground is also shifting rapidly across the</itunes:subtitle>
      <itunes:summary>Nigeria's overhaul of its national digital identity law takes center stage this morning, establishing a new Root Certification Authority that promises to reshape merchant onboarding. The regulatory ground is also shifting rapidly across the continent: Kenya has abruptly scrapped its proposed cap on crypto ownership, and Tanzania is pushing through a sweeping mandate for digital payments.

In this episode:
• Nigeria Overhauls National ID Act, Boosting Digital Identity Framework
• Tanzania Mandates Digital Payments Across Key Sectors by July 2026
• Tether Partners with Nairobi Securities Exchange to Explore Digital Asset Infrastructure
• Standard Bank Authorized to Process Yuan Payments Across 19 African Countries
• CBN Flags 13,000+ BVNs for Fraud; Orders N19.12B in Customer Refunds
• Stanbic Bank Kenya Goes Live with Direct Yuan Settlement via CIPS
• Kenya Removes Crypto Ownership Cap, Easing Rules for VASPs
• South Africa's FSCA Warns of Criminal Networks Infiltrating Licensed Financial Firms
• Onafriq Details Layered Approach to Building Pan-African Stablecoin Infrastructure
• Spendin Expands to Francophone Africa with Instant Local Payouts and AI Tools
• Analysis: Riskified's Evolving Role in a New Era of AI-Driven Fraud

Chapters:
00:00 Intro
00:58 Tanzania Mandates Digital Payments Across Key Sectors by July 2026
01:28 Tether Partners with Nairobi Securities Exchange to Explore Digital Asset Infra…
02:00 Standard Bank Authorized to Process Yuan Payments Across 19 African Countries
02:30 CBN Flags 13,000+ BVNs for Fraud; Orders N19.12B in Customer Refunds
03:02 Stanbic Bank Kenya Goes Live with Direct Yuan Settlement via CIPS
04:01 South Africa's FSCA Warns of Criminal Networks Infiltrating Licensed Financial…
04:35 Onafriq Details Layered Approach to Building Pan-African Stablecoin Infrastruct…
05:05 Spendin Expands to Francophone Africa with Instant Local Payouts and AI Tools
06:03 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-03/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>32</itunes:episode>
      <itunes:title>Aug 3: Nigeria Overhauls National ID Act, Boosting Digital Identity Framework</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 2: Safaricom Escalates Kenyan Payment War with Sweeping M-PESA Merchant Fee Cuts</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-02/</link>
      <description>Today on The Settlement Layer, the South African Reserve Bank is cementing public control over its national clearing house. Meanwhile, Safaricom fires another salvo in Kenya's escalating SME payments war, and Zimbabwe signals a policy pivot toward formalizing the crypto economy.

In this episode:
• Safaricom Escalates Kenyan Payment War with Sweeping M-PESA Merchant Fee Cuts
• South Africa's Central Bank to Retain Full Ownership of Payment Utility PayInc, Excluding Non-Banks
• Flutterwave Reportedly Acquiring East African Bank in Strategic Shift to Licensed Institution
• Study: AI Explainability Becomes Critical as Fraud Detection Systems Turn Autonomous
• Bank of Italy Study Dampens Hype on Stablecoin Remittances, Citing 'Last Mile' Fiat Costs
• Zimbabwe Moves to Regulate Crypto, Signaling Shift to Mainstream Adoption
• CBN Extends PoS Geo-Fencing Deadline; Agents Protest Exclusivity Rules
• Analysis: The Mechanics of High-Risk Acquiring in an Era of Tightening Network Rules
• SADC Payment System Expands Local Currency Settlement, Adding Angolan Kwanza
• CBN's July Liquidity Mop-Up Slows to N7.2 Trillion, Signaling Strategy Shift
• Safaricom Introduces 'Lipa na Data,' Allowing Payment with Data Bundles
• Quidax Expands Stablecoin Settlement Network to 21 Countries

Chapters:
00:00 Intro
00:56 South Africa's Central Bank to Retain Full Ownership of Payment Utility PayInc,…
01:34 Flutterwave Reportedly Acquiring East African Bank in Strategic Shift to Licens…
02:16 Study: AI Explainability Becomes Critical as Fraud Detection Systems Turn Auton…
02:56 Bank of Italy Study Dampens Hype on Stablecoin Remittances, Citing 'Last Mile'…
03:37 Zimbabwe Moves to Regulate Crypto, Signaling Shift to Mainstream Adoption
04:13 CBN Extends PoS Geo-Fencing Deadline; Agents Protest Exclusivity Rules
04:49 Analysis: The Mechanics of High-Risk Acquiring in an Era of Tightening Network…
05:24 SADC Payment System Expands Local Currency Settlement, Adding Angolan Kwanza
05:58 CBN's July Liquidity Mop-Up Slows to N7.2 Trillion, Signaling Strategy Shift
06:31 Safaricom Introduces 'Lipa na Data,' Allowing Payment with Data Bundles
07:03 Quidax Expands Stablecoin Settlement Network to 21 Countries
07:34 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-02/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer, the South African Reserve Bank is cementing public control over its national clearing house. Meanwhile, Safaricom fires another salvo in Kenya's escalating SME payments war, and Zimbabwe signals a policy pivot toward formalizing the crypto economy.</p><h3>In this episode</h3><ul><li><strong>Safaricom Escalates Kenyan Payment War with Sweeping M-PESA Merchant Fee Cuts</strong> — Expanding on the M-PESA tariff reductions we noted yesterday, Safaricom confirmed that outbound transfers from M-PESA…</li><li><strong>South Africa's Central Bank to Retain Full Ownership of Payment Utility PayInc, Excluding Non-Banks</strong> — South African Reserve Bank (SARB) Governor Lesetja Kganyago announced on Saturday that the central bank will keep full…</li><li><strong>Flutterwave Reportedly Acquiring East African Bank in Strategic Shift to Licensed Institution</strong> — According to reports on Saturday, fintech giant Flutterwave is in the process of acquiring an unnamed East African bank.</li><li><strong>Study: AI Explainability Becomes Critical as Fraud Detection Systems Turn Autonomous</strong> — As financial institutions rapidly adopt the autonomous AI fraud models we've been tracking, a new analysis emphasizes…</li><li><strong>Bank of Italy Study Dampens Hype on Stablecoin Remittances, Citing 'Last Mile' Fiat Costs</strong> — A Bank of Italy study published Friday finds that stablecoin-based remittances are not consistently cheaper or faster…</li><li><strong>Zimbabwe Moves to Regulate Crypto, Signaling Shift to Mainstream Adoption</strong> — Zimbabwe is moving to regulate cryptocurrencies, a significant policy shift for a country that has previously been…</li><li><strong>CBN Extends PoS Geo-Fencing Deadline; Agents Protest Exclusivity Rules</strong> — Following up on the CBN's market structure overhaul we tracked last month, the Central Bank of Nigeria has pushed the…</li><li><strong>Analysis: The Mechanics of High-Risk Acquiring in an Era of Tightening Network Rules</strong> — As networks continue to tighten the chargeback monitoring thresholds we've been tracking, a new analysis details why…</li><li><strong>SADC Payment System Expands Local Currency Settlement, Adding Angolan Kwanza</strong> — With the Angolan kwanza now officially live on the SADC Real-Time Gross Settlement (SADC-RTGS) system, the South…</li><li><strong>CBN's July Liquidity Mop-Up Slows to N7.2 Trillion, Signaling Strategy Shift</strong> — The Central Bank of Nigeria (CBN) significantly scaled back its liquidity absorption in July, removing N7.18 trillion…</li><li><strong>Safaricom Introduces 'Lipa na Data,' Allowing Payment with Data Bundles</strong> — Safaricom has launched 'Lipa na Data,' a new service that allows eligible customers with specific data plans (minimum…</li><li><strong>Quidax Expands Stablecoin Settlement Network to 21 Countries</strong> — Following up on its recent expansion, Quidax has confirmed its stablecoin payment infrastructure is now live in over 21…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:56 South Africa's Central Bank to Retain Full Ownership of Payment Utility PayInc,…<br/>01:34 Flutterwave Reportedly Acquiring East African Bank in Strategic Shift to Licens…<br/>02:16 Study: AI Explainability Becomes Critical as Fraud Detection Systems Turn Auton…<br/>02:56 Bank of Italy Study Dampens Hype on Stablecoin Remittances, Citing 'Last Mile'…<br/>03:37 Zimbabwe Moves to Regulate Crypto, Signaling Shift to Mainstream Adoption<br/>04:13 CBN Extends PoS Geo-Fencing Deadline; Agents Protest Exclusivity Rules<br/>04:49 Analysis: The Mechanics of High-Risk Acquiring in an Era of Tightening Network…<br/>05:24 SADC Payment System Expands Local Currency Settlement, Adding Angolan Kwanza<br/>05:58 CBN's July Liquidity Mop-Up Slows to N7.2 Trillion, Signaling Strategy Shift<br/>06:31 Safaricom Introduces 'Lipa na Data,' Allowing Payment with Data Bundles<br/>07:03 Quidax Expands Stablecoin Settlement Network to 21 Countries<br/>07:34 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-02/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-02/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-02.mp3" length="3894404" type="audio/mpeg"/>
      <pubDate>Sun, 02 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer, the South African Reserve Bank is cementing public control over its national clearing house. Meanwhile, Safaricom fires another salvo in Kenya's escalating SME payments war, and Zimbabwe signals a policy pivot</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer, the South African Reserve Bank is cementing public control over its national clearing house. Meanwhile, Safaricom fires another salvo in Kenya's escalating SME payments war, and Zimbabwe signals a policy pivot toward formalizing the crypto economy.

In this episode:
• Safaricom Escalates Kenyan Payment War with Sweeping M-PESA Merchant Fee Cuts
• South Africa's Central Bank to Retain Full Ownership of Payment Utility PayInc, Excluding Non-Banks
• Flutterwave Reportedly Acquiring East African Bank in Strategic Shift to Licensed Institution
• Study: AI Explainability Becomes Critical as Fraud Detection Systems Turn Autonomous
• Bank of Italy Study Dampens Hype on Stablecoin Remittances, Citing 'Last Mile' Fiat Costs
• Zimbabwe Moves to Regulate Crypto, Signaling Shift to Mainstream Adoption
• CBN Extends PoS Geo-Fencing Deadline; Agents Protest Exclusivity Rules
• Analysis: The Mechanics of High-Risk Acquiring in an Era of Tightening Network Rules
• SADC Payment System Expands Local Currency Settlement, Adding Angolan Kwanza
• CBN's July Liquidity Mop-Up Slows to N7.2 Trillion, Signaling Strategy Shift
• Safaricom Introduces 'Lipa na Data,' Allowing Payment with Data Bundles
• Quidax Expands Stablecoin Settlement Network to 21 Countries

Chapters:
00:00 Intro
00:56 South Africa's Central Bank to Retain Full Ownership of Payment Utility PayInc,…
01:34 Flutterwave Reportedly Acquiring East African Bank in Strategic Shift to Licens…
02:16 Study: AI Explainability Becomes Critical as Fraud Detection Systems Turn Auton…
02:56 Bank of Italy Study Dampens Hype on Stablecoin Remittances, Citing 'Last Mile'…
03:37 Zimbabwe Moves to Regulate Crypto, Signaling Shift to Mainstream Adoption
04:13 CBN Extends PoS Geo-Fencing Deadline; Agents Protest Exclusivity Rules
04:49 Analysis: The Mechanics of High-Risk Acquiring in an Era of Tightening Network…
05:24 SADC Payment System Expands Local Currency Settlement, Adding Angolan Kwanza
05:58 CBN's July Liquidity Mop-Up Slows to N7.2 Trillion, Signaling Strategy Shift
06:31 Safaricom Introduces 'Lipa na Data,' Allowing Payment with Data Bundles
07:03 Quidax Expands Stablecoin Settlement Network to 21 Countries
07:34 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-02/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>31</itunes:episode>
      <itunes:title>Aug 2: Safaricom Escalates Kenyan Payment War with Sweeping M-PESA Merchant Fee Cuts</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Aug 1: Safaricom Announces Sweeping M-PESA Fee Cuts for Kenyan Businesses</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-01/</link>
      <description>Safaricom is aggressively cutting M-PESA merchant fees this morning, escalating the fight for SME payment volumes just as Kenyan banks push back on proposed revenue-based levies. Down south, the SARB is preparing to close provisional tax loopholes and tighten reporting duties, while globally, Mastercard is re-architecting its fraud and settlement infrastructure specifically to handle AI-to-AI transactions.

In this episode:
• Safaricom Announces Sweeping M-PESA Fee Cuts for Kenyan Businesses
• Mastercard to Acquire BVNK for $1.5B to Bridge Stablecoin and Fiat Payments for Merchants
• Mastercard Re-Architects Fraud Systems for 'Agentic Commerce', Targeting B2B Procurement
• SARS Proposes Closing Provisional Tax Loopholes, Expands Bank Reporting Duties
• Broken Chargeback System Leaves Australian Merchants Liable, Problem Worsens with AI Payments
• Stanbic Bank Kenya Goes Live with China's CIPS for Direct Yuan Settlement
• Report: A Connected Data Architecture is the Real Differentiator in Fraud Detection, Not Just AI Models
• Bank of Italy Study: Stablecoin Remittances Not Always Cheaper or Faster Due to On/Off-Ramp Friction
• CBN Governor Defends Proposed Revenue-Based Levy for Banks Amid Industry Pushback
• CBN Director Pushes for National Payment Stack Adoption and PoS Geo-Tagging Compliance Ahead of Deadline
• SARB Governor Reiterates Cautious Stance on AI and Crypto Risks
• Amazon's Custom Chip Business Surpasses $25 Billion Annual Revenue Run Rate

Chapters:
00:00 Intro
00:58 Mastercard to Acquire BVNK for $1.5B to Bridge Stablecoin and Fiat Payments for…
01:43 Mastercard Re-Architects Fraud Systems for 'Agentic Commerce', Targeting B2B Pr…
02:31 SARS Proposes Closing Provisional Tax Loopholes, Expands Bank Reporting Duties
03:10 Broken Chargeback System Leaves Australian Merchants Liable, Problem Worsens wi…
03:45 Stanbic Bank Kenya Goes Live with China's CIPS for Direct Yuan Settlement
04:19 Report: A Connected Data Architecture is the Real Differentiator in Fraud Detec…
04:58 Bank of Italy Study: Stablecoin Remittances Not Always Cheaper or Faster Due to…
05:32 CBN Governor Defends Proposed Revenue-Based Levy for Banks Amid Industry Pushba…
06:07 CBN Director Pushes for National Payment Stack Adoption and PoS Geo-Tagging Com…
06:44 SARB Governor Reiterates Cautious Stance on AI and Crypto Risks
07:20 Amazon's Custom Chip Business Surpasses $25 Billion Annual Revenue Run Rate
08:00 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-01/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Safaricom is aggressively cutting M-PESA merchant fees this morning, escalating the fight for SME payment volumes just as Kenyan banks push back on proposed revenue-based levies. Down south, the SARB is preparing to close provisional tax loopholes and tighten reporting duties, while globally, Mastercard is re-architecting its fraud and settlement infrastructure specifically to handle AI-to-AI transactions.</p><h3>In this episode</h3><ul><li><strong>Safaricom Announces Sweeping M-PESA Fee Cuts for Kenyan Businesses</strong> — Following the aggressive PesaLink fee cuts from a coalition of 19 Kenyan banks we tracked last week, Safaricom is…</li><li><strong>Mastercard to Acquire BVNK for $1.5B to Bridge Stablecoin and Fiat Payments for Merchants</strong> — Following Visa's recent rollout of an enterprise stablecoin platform, Mastercard is moving to vertically integrate its…</li><li><strong>Mastercard Re-Architects Fraud Systems for 'Agentic Commerce', Targeting B2B Procurement</strong> — Alongside the rollout of its consolidated Global Merchant Audit Program (GMAP), Mastercard is fundamentally redesigning…</li><li><strong>SARS Proposes Closing Provisional Tax Loopholes, Expands Bank Reporting Duties</strong> — The South African Revenue Service (SARS) is drafting new tax legislation aimed at tightening provisional tax rules and…</li><li><strong>Broken Chargeback System Leaves Australian Merchants Liable, Problem Worsens with AI Payments</strong> — Adding to the global surge in 'friendly fraud' we've been tracking—which now accounts for up to 86% of e-commerce…</li><li><strong>Stanbic Bank Kenya Goes Live with China's CIPS for Direct Yuan Settlement</strong> — Expanding on the $1.2 billion in CIPS volume Standard Bank Group reported earlier this month, its subsidiary Stanbic…</li><li><strong>Report: A Connected Data Architecture is the Real Differentiator in Fraud Detection, Not Just AI Models</strong> — Rohit Chauhan, the former EVP of AI &amp; Fraud Solutions at Mastercard, argues that the effectiveness of AI in fraud…</li><li><strong>Bank of Italy Study: Stablecoin Remittances Not Always Cheaper or Faster Due to On/Off-Ramp Friction</strong> — Countering recent industry reports that championed local-currency stablecoins as a frictionless panacea for African…</li><li><strong>CBN Governor Defends Proposed Revenue-Based Levy for Banks Amid Industry Pushback</strong> — Central Bank of Kenya (CBK) Governor Kamau Thugge is defending a controversial proposal to replace banks' flat annual…</li><li><strong>CBN Director Pushes for National Payment Stack Adoption and PoS Geo-Tagging Compliance Ahead of Deadline</strong> — Dr. Rakiya Yusuf, the CBN's Director of Payments System Supervision, has publicly urged financial institutions to…</li><li><strong>SARB Governor Reiterates Cautious Stance on AI and Crypto Risks</strong> — Echoing SARB Deputy Governor Fundi Tshazibana's recent warnings about the 'black box' risks of crypto, Governor Lesetja…</li><li><strong>Amazon's Custom Chip Business Surpasses $25 Billion Annual Revenue Run Rate</strong> — Amazon's internal custom silicon division, which designs chips like Graviton for general computing and Trainium for AI…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:58 Mastercard to Acquire BVNK for $1.5B to Bridge Stablecoin and Fiat Payments for…<br/>01:43 Mastercard Re-Architects Fraud Systems for 'Agentic Commerce', Targeting B2B Pr…<br/>02:31 SARS Proposes Closing Provisional Tax Loopholes, Expands Bank Reporting Duties<br/>03:10 Broken Chargeback System Leaves Australian Merchants Liable, Problem Worsens wi…<br/>03:45 Stanbic Bank Kenya Goes Live with China's CIPS for Direct Yuan Settlement<br/>04:19 Report: A Connected Data Architecture is the Real Differentiator in Fraud Detec…<br/>04:58 Bank of Italy Study: Stablecoin Remittances Not Always Cheaper or Faster Due to…<br/>05:32 CBN Governor Defends Proposed Revenue-Based Levy for Banks Amid Industry Pushba…<br/>06:07 CBN Director Pushes for National Payment Stack Adoption and PoS Geo-Tagging Com…<br/>06:44 SARB Governor Reiterates Cautious Stance on AI and Crypto Risks<br/>07:20 Amazon's Custom Chip Business Surpasses $25 Billion Annual Revenue Run Rate<br/>08:00 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-01/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-01/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-08-01.mp3" length="4180030" type="audio/mpeg"/>
      <pubDate>Sat, 01 Aug 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Safaricom is aggressively cutting M-PESA merchant fees this morning, escalating the fight for SME payment volumes just as Kenyan banks push back on proposed revenue-based levies. Down south, the SARB is preparing to close provisional tax lo</itunes:subtitle>
      <itunes:summary>Safaricom is aggressively cutting M-PESA merchant fees this morning, escalating the fight for SME payment volumes just as Kenyan banks push back on proposed revenue-based levies. Down south, the SARB is preparing to close provisional tax loopholes and tighten reporting duties, while globally, Mastercard is re-architecting its fraud and settlement infrastructure specifically to handle AI-to-AI transactions.

In this episode:
• Safaricom Announces Sweeping M-PESA Fee Cuts for Kenyan Businesses
• Mastercard to Acquire BVNK for $1.5B to Bridge Stablecoin and Fiat Payments for Merchants
• Mastercard Re-Architects Fraud Systems for 'Agentic Commerce', Targeting B2B Procurement
• SARS Proposes Closing Provisional Tax Loopholes, Expands Bank Reporting Duties
• Broken Chargeback System Leaves Australian Merchants Liable, Problem Worsens with AI Payments
• Stanbic Bank Kenya Goes Live with China's CIPS for Direct Yuan Settlement
• Report: A Connected Data Architecture is the Real Differentiator in Fraud Detection, Not Just AI Models
• Bank of Italy Study: Stablecoin Remittances Not Always Cheaper or Faster Due to On/Off-Ramp Friction
• CBN Governor Defends Proposed Revenue-Based Levy for Banks Amid Industry Pushback
• CBN Director Pushes for National Payment Stack Adoption and PoS Geo-Tagging Compliance Ahead of Deadline
• SARB Governor Reiterates Cautious Stance on AI and Crypto Risks
• Amazon's Custom Chip Business Surpasses $25 Billion Annual Revenue Run Rate

Chapters:
00:00 Intro
00:58 Mastercard to Acquire BVNK for $1.5B to Bridge Stablecoin and Fiat Payments for…
01:43 Mastercard Re-Architects Fraud Systems for 'Agentic Commerce', Targeting B2B Pr…
02:31 SARS Proposes Closing Provisional Tax Loopholes, Expands Bank Reporting Duties
03:10 Broken Chargeback System Leaves Australian Merchants Liable, Problem Worsens wi…
03:45 Stanbic Bank Kenya Goes Live with China's CIPS for Direct Yuan Settlement
04:19 Report: A Connected Data Architecture is the Real Differentiator in Fraud Detec…
04:58 Bank of Italy Study: Stablecoin Remittances Not Always Cheaper or Faster Due to…
05:32 CBN Governor Defends Proposed Revenue-Based Levy for Banks Amid Industry Pushba…
06:07 CBN Director Pushes for National Payment Stack Adoption and PoS Geo-Tagging Com…
06:44 SARB Governor Reiterates Cautious Stance on AI and Crypto Risks
07:20 Amazon's Custom Chip Business Surpasses $25 Billion Annual Revenue Run Rate
08:00 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-08-01/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>30</itunes:episode>
      <itunes:title>Aug 1: Safaricom Announces Sweeping M-PESA Fee Cuts for Kenyan Businesses</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 31: Kenya Bans Interest on Stablecoins, Defines Them as Payment-Only Instruments</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-31/</link>
      <description>The regulatory parameters for African digital assets are tightening. Kenya has moved to ban interest on stablecoins and authorized digital asset seizures, forcefully defining the limits of crypto-to-fiat operations. Across the world, major card networks are re-architecting their fraud monitoring systems for an era of automated commerce, signaling a foundational shift in how global transaction risk is managed.

In this episode:
• Kenya Bans Interest on Stablecoins, Defines Them as Payment-Only Instruments
• New Kenyan Regulations Grant Authorities Power to Seize Digital Assets
• Adyen AI Tool Lifts Merchant Approval Rate by 4.7%, Adds R$24M in Sales
• SARB Initiates 'Vision 2030+' for National Payment System, Seeks Public Input
• SARS Adds New Compliance Step for Import-Related Forex Payments
• Mastercard Overhauls Monitoring with 'Global Merchant Audit Program'
• Stripe Radar 3.0 Rolls Out Adaptive Authentication to Reduce False Declines
• PesaLink Integrates with PAPSS for Instant Cross-Border Payments
• Visa Taps Former Airtel Money MD to Head East Africa Operations
• SARB Considers Scrapping Prime Rate, Renaming Repo Rate
• AWS Rebrands Bedrock Agents, Pushing Developers to New 'AgentCore' Framework

Chapters:
00:00 Intro
01:00 New Kenyan Regulations Grant Authorities Power to Seize Digital Assets
01:40 Adyen AI Tool Lifts Merchant Approval Rate by 4.7%, Adds R$24M in Sales
02:29 SARB Initiates 'Vision 2030+' for National Payment System, Seeks Public Input
03:04 SARS Adds New Compliance Step for Import-Related Forex Payments
03:43 Mastercard Overhauls Monitoring with 'Global Merchant Audit Program'
04:21 Stripe Radar 3.0 Rolls Out Adaptive Authentication to Reduce False Declines
04:58 PesaLink Integrates with PAPSS for Instant Cross-Border Payments
05:34 Visa Taps Former Airtel Money MD to Head East Africa Operations
06:10 SARB Considers Scrapping Prime Rate, Renaming Repo Rate
06:40 AWS Rebrands Bedrock Agents, Pushing Developers to New 'AgentCore' Framework
07:14 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-31/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The regulatory parameters for African digital assets are tightening. Kenya has moved to ban interest on stablecoins and authorized digital asset seizures, forcefully defining the limits of crypto-to-fiat operations. Across the world, major card networks are re-architecting their fraud monitoring systems for an era of automated commerce, signaling a foundational shift in how global transaction risk is managed.</p><h3>In this episode</h3><ul><li><strong>Kenya Bans Interest on Stablecoins, Defines Them as Payment-Only Instruments</strong> — Following the formal gazetting of Kenya's new virtual asset regulations that we noted last week, the fine print is…</li><li><strong>New Kenyan Regulations Grant Authorities Power to Seize Digital Assets</strong> — Alongside the slashed capital requirements we've been tracking, Kenya's newly gazetted Virtual Asset Service Providers…</li><li><strong>Adyen AI Tool Lifts Merchant Approval Rate by 4.7%, Adds R$24M in Sales</strong> — At the E-commerce Brasil Forum 2026 on Thursday, payment processor Adyen presented a case study showing its AI-powered…</li><li><strong>SARB Initiates 'Vision 2030+' for National Payment System, Seeks Public Input</strong> — Building on the National Payments System modernization efforts and May's open banking amendments we've been tracking…</li><li><strong>SARS Adds New Compliance Step for Import-Related Forex Payments</strong> — The South African Revenue Service (SARS) has clarified a new requirement for importers making advance foreign exchange…</li><li><strong>Mastercard Overhauls Monitoring with 'Global Merchant Audit Program'</strong> — Mastercard is consolidating its various fraud and dispute monitoring programs into a single framework called the Global…</li><li><strong>Stripe Radar 3.0 Rolls Out Adaptive Authentication to Reduce False Declines</strong> — Making good on the adaptive machine learning rules previewed in its 2026 product review, Stripe has been rolling out…</li><li><strong>PesaLink Integrates with PAPSS for Instant Cross-Border Payments</strong> — Following the Central Bank of Kenya's recent endorsement of PAPSS, Kenya's PesaLink—which we recently saw slashing…</li><li><strong>Visa Taps Former Airtel Money MD to Head East Africa Operations</strong> — Visa has appointed Anne Kinuthia-Otieno as its new Vice President and Head of East Africa, effective August 4, 2026.</li><li><strong>SARB Considers Scrapping Prime Rate, Renaming Repo Rate</strong> — The South African Reserve Bank (SARB) is considering a major overhaul of its monetary policy framework, which includes…</li><li><strong>AWS Rebrands Bedrock Agents, Pushing Developers to New 'AgentCore' Framework</strong> — In a significant shift for developers building AI agents on its platform, Amazon has rebranded its Bedrock Agents…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:00 New Kenyan Regulations Grant Authorities Power to Seize Digital Assets<br/>01:40 Adyen AI Tool Lifts Merchant Approval Rate by 4.7%, Adds R$24M in Sales<br/>02:29 SARB Initiates 'Vision 2030+' for National Payment System, Seeks Public Input<br/>03:04 SARS Adds New Compliance Step for Import-Related Forex Payments<br/>03:43 Mastercard Overhauls Monitoring with 'Global Merchant Audit Program'<br/>04:21 Stripe Radar 3.0 Rolls Out Adaptive Authentication to Reduce False Declines<br/>04:58 PesaLink Integrates with PAPSS for Instant Cross-Border Payments<br/>05:34 Visa Taps Former Airtel Money MD to Head East Africa Operations<br/>06:10 SARB Considers Scrapping Prime Rate, Renaming Repo Rate<br/>06:40 AWS Rebrands Bedrock Agents, Pushing Developers to New 'AgentCore' Framework<br/>07:14 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-31/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-31/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-31.mp3" length="3771063" type="audio/mpeg"/>
      <pubDate>Fri, 31 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The regulatory parameters for African digital assets are tightening. Kenya has moved to ban interest on stablecoins and authorized digital asset seizures, forcefully defining the limits of crypto-to-fiat operations. Across the world, major </itunes:subtitle>
      <itunes:summary>The regulatory parameters for African digital assets are tightening. Kenya has moved to ban interest on stablecoins and authorized digital asset seizures, forcefully defining the limits of crypto-to-fiat operations. Across the world, major card networks are re-architecting their fraud monitoring systems for an era of automated commerce, signaling a foundational shift in how global transaction risk is managed.

In this episode:
• Kenya Bans Interest on Stablecoins, Defines Them as Payment-Only Instruments
• New Kenyan Regulations Grant Authorities Power to Seize Digital Assets
• Adyen AI Tool Lifts Merchant Approval Rate by 4.7%, Adds R$24M in Sales
• SARB Initiates 'Vision 2030+' for National Payment System, Seeks Public Input
• SARS Adds New Compliance Step for Import-Related Forex Payments
• Mastercard Overhauls Monitoring with 'Global Merchant Audit Program'
• Stripe Radar 3.0 Rolls Out Adaptive Authentication to Reduce False Declines
• PesaLink Integrates with PAPSS for Instant Cross-Border Payments
• Visa Taps Former Airtel Money MD to Head East Africa Operations
• SARB Considers Scrapping Prime Rate, Renaming Repo Rate
• AWS Rebrands Bedrock Agents, Pushing Developers to New 'AgentCore' Framework

Chapters:
00:00 Intro
01:00 New Kenyan Regulations Grant Authorities Power to Seize Digital Assets
01:40 Adyen AI Tool Lifts Merchant Approval Rate by 4.7%, Adds R$24M in Sales
02:29 SARB Initiates 'Vision 2030+' for National Payment System, Seeks Public Input
03:04 SARS Adds New Compliance Step for Import-Related Forex Payments
03:43 Mastercard Overhauls Monitoring with 'Global Merchant Audit Program'
04:21 Stripe Radar 3.0 Rolls Out Adaptive Authentication to Reduce False Declines
04:58 PesaLink Integrates with PAPSS for Instant Cross-Border Payments
05:34 Visa Taps Former Airtel Money MD to Head East Africa Operations
06:10 SARB Considers Scrapping Prime Rate, Renaming Repo Rate
06:40 AWS Rebrands Bedrock Agents, Pushing Developers to New 'AgentCore' Framework
07:14 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-31/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>29</itunes:episode>
      <itunes:title>Jul 31: Kenya Bans Interest on Stablecoins, Defines Them as Payment-Only Instruments</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 30: Onafriq partners with Privy to build regulated stablecoin infrastructure for B2B paymen…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-30/</link>
      <description>Nigeria's central bank is abruptly pulling 46 microfinance licenses today, intensifying its ongoing regulatory crackdown just as the country's fintechs scramble to meet looming data localization mandates. Meanwhile in South Africa, a critical piece of payment infrastructure is being modernized as FNB and Ozow roll out a direct API to finally retire screen-scraping. Up the continent, Africa's largest payments network, Onafriq, is linking up with Privy to build out a compliant, stablecoin-powered settlement network for cross-border B2B trade.

In this episode:
• Onafriq partners with Privy to build regulated stablecoin infrastructure for B2B payments across Africa
• Nigeria's CBN revokes 46 microfinance bank licenses, including fintech-linked entities
• Ozow launches direct API with FNB/RMB to replace screen scraping for EFT payments in South Africa
• Nigerian fintechs lag banks in meeting 2027 data localization deadline, face complex migration
• Kenya's new crypto rules grant Central Bank power to delist foreign stablecoins
• Report: Trust in Nigeria's N1 quadrillion payment system eroded by operational failures, not just fraud
• Infrastructure for recurring payments in South Africa shifts to account-based, open banking models
• Angolan Kwanza integration into SADC-RTGS finalized, ending Rand's monopoly
• Quidax expands licensed stablecoin payment rails to 21 countries and 14 currencies
• Card payments in Kenya fall 12% as consumers shift to mobile money and bank apps
• Tanzania's Central Bank finalizes regulatory framework for crypto and digital assets
• Corpay launches 'Agent Card' to enable AI-driven business payments

Chapters:
00:00 Intro
01:04 Nigeria's CBN revokes 46 microfinance bank licenses, including fintech-linked e…
01:44 Ozow launches direct API with FNB/RMB to replace screen scraping for EFT paymen…
02:25 Nigerian fintechs lag banks in meeting 2027 data localization deadline, face co…
03:08 Kenya's new crypto rules grant Central Bank power to delist foreign stablecoins
03:49 Report: Trust in Nigeria's N1 quadrillion payment system eroded by operational…
04:29 Infrastructure for recurring payments in South Africa shifts to account-based,…
05:03 Angolan Kwanza integration into SADC-RTGS finalized, ending Rand's monopoly
05:41 Quidax expands licensed stablecoin payment rails to 21 countries and 14 currenc…
06:15 Card payments in Kenya fall 12% as consumers shift to mobile money and bank apps
06:46 Tanzania's Central Bank finalizes regulatory framework for crypto and digital a…
07:16 Corpay launches 'Agent Card' to enable AI-driven business payments
07:47 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-30/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Nigeria's central bank is abruptly pulling 46 microfinance licenses today, intensifying its ongoing regulatory crackdown just as the country's fintechs scramble to meet looming data localization mandates. Meanwhile in South Africa, a critical piece of payment infrastructure is being modernized as FNB and Ozow roll out a direct API to finally retire screen-scraping. Up the continent, Africa's largest payments network, Onafriq, is linking up with Privy to build out a compliant, stablecoin-powered settlement network for cross-border B2B trade.</p><h3>In this episode</h3><ul><li><strong>Onafriq partners with Privy to build regulated stablecoin infrastructure for B2B payments across Africa</strong> — Onafriq, Africa's largest payments network, has partnered with US-based stablecoin infrastructure provider Privy to…</li><li><strong>Nigeria's CBN revokes 46 microfinance bank licenses, including fintech-linked entities</strong> — The Central Bank of Nigeria (CBN) has revoked the operating licenses of 46 microfinance banks (MFBs), effective July 1…</li><li><strong>Ozow launches direct API with FNB/RMB to replace screen scraping for EFT payments in South Africa</strong> — South African payment provider Ozow has launched a new direct payment API in partnership with FNB and RMB, marking a…</li><li><strong>Nigerian fintechs lag banks in meeting 2027 data localization deadline, face complex migration</strong> — As the January 2027 data localization deadline we've been tracking approaches, most major Nigerian banks have…</li><li><strong>Kenya's new crypto rules grant Central Bank power to delist foreign stablecoins</strong> — Further analysis of the Kenyan Virtual Asset Service Providers (VASP) regulations we noted yesterday reveals a strict…</li><li><strong>Report: Trust in Nigeria's N1 quadrillion payment system eroded by operational failures, not just fraud</strong> — Despite handling the massive N1.07 quadrillion transaction volume we've tracked, Nigeria's digital payment system faces…</li><li><strong>Infrastructure for recurring payments in South Africa shifts to account-based, open banking models</strong> — Innovation in South Africa's recurring payment space is shifting from consumer apps to the underlying infrastructure…</li><li><strong>Angolan Kwanza integration into SADC-RTGS finalized, ending Rand's monopoly</strong> — Following up on the initial announcement, five Angolan banks are now actively processing cross-border payments in…</li><li><strong>Quidax expands licensed stablecoin payment rails to 21 countries and 14 currencies</strong> — Quidax, the digital asset exchange holding a provisional license from Nigeria's SEC, has expanded its stablecoin…</li><li><strong>Card payments in Kenya fall 12% as consumers shift to mobile money and bank apps</strong> — Card-based payments in Kenya dropped by 11.55% to KES 220.04 billion in the first six months of 2026, compared to the…</li><li><strong>Tanzania's Central Bank finalizes regulatory framework for crypto and digital assets</strong> — The Bank of Tanzania (BoT) has completed its assessment of the country's virtual asset sector and developed a formal…</li><li><strong>Corpay launches 'Agent Card' to enable AI-driven business payments</strong> — Fleetcor's corporate payments division, Corpay, has launched 'Agent Card,' a new feature that allows approved AI agents…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:04 Nigeria's CBN revokes 46 microfinance bank licenses, including fintech-linked e…<br/>01:44 Ozow launches direct API with FNB/RMB to replace screen scraping for EFT paymen…<br/>02:25 Nigerian fintechs lag banks in meeting 2027 data localization deadline, face co…<br/>03:08 Kenya's new crypto rules grant Central Bank power to delist foreign stablecoins<br/>03:49 Report: Trust in Nigeria's N1 quadrillion payment system eroded by operational…<br/>04:29 Infrastructure for recurring payments in South Africa shifts to account-based,…<br/>05:03 Angolan Kwanza integration into SADC-RTGS finalized, ending Rand's monopoly<br/>05:41 Quidax expands licensed stablecoin payment rails to 21 countries and 14 currenc…<br/>06:15 Card payments in Kenya fall 12% as consumers shift to mobile money and bank apps<br/>06:46 Tanzania's Central Bank finalizes regulatory framework for crypto and digital a…<br/>07:16 Corpay launches 'Agent Card' to enable AI-driven business payments<br/>07:47 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-30/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-30/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-30.mp3" length="4043619" type="audio/mpeg"/>
      <pubDate>Thu, 30 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Nigeria's central bank is abruptly pulling 46 microfinance licenses today, intensifying its ongoing regulatory crackdown just as the country's fintechs scramble to meet looming data localization mandates. Meanwhile in South Africa, a critic</itunes:subtitle>
      <itunes:summary>Nigeria's central bank is abruptly pulling 46 microfinance licenses today, intensifying its ongoing regulatory crackdown just as the country's fintechs scramble to meet looming data localization mandates. Meanwhile in South Africa, a critical piece of payment infrastructure is being modernized as FNB and Ozow roll out a direct API to finally retire screen-scraping. Up the continent, Africa's largest payments network, Onafriq, is linking up with Privy to build out a compliant, stablecoin-powered settlement network for cross-border B2B trade.

In this episode:
• Onafriq partners with Privy to build regulated stablecoin infrastructure for B2B payments across Africa
• Nigeria's CBN revokes 46 microfinance bank licenses, including fintech-linked entities
• Ozow launches direct API with FNB/RMB to replace screen scraping for EFT payments in South Africa
• Nigerian fintechs lag banks in meeting 2027 data localization deadline, face complex migration
• Kenya's new crypto rules grant Central Bank power to delist foreign stablecoins
• Report: Trust in Nigeria's N1 quadrillion payment system eroded by operational failures, not just fraud
• Infrastructure for recurring payments in South Africa shifts to account-based, open banking models
• Angolan Kwanza integration into SADC-RTGS finalized, ending Rand's monopoly
• Quidax expands licensed stablecoin payment rails to 21 countries and 14 currencies
• Card payments in Kenya fall 12% as consumers shift to mobile money and bank apps
• Tanzania's Central Bank finalizes regulatory framework for crypto and digital assets
• Corpay launches 'Agent Card' to enable AI-driven business payments

Chapters:
00:00 Intro
01:04 Nigeria's CBN revokes 46 microfinance bank licenses, including fintech-linked e…
01:44 Ozow launches direct API with FNB/RMB to replace screen scraping for EFT paymen…
02:25 Nigerian fintechs lag banks in meeting 2027 data localization deadline, face co…
03:08 Kenya's new crypto rules grant Central Bank power to delist foreign stablecoins
03:49 Report: Trust in Nigeria's N1 quadrillion payment system eroded by operational…
04:29 Infrastructure for recurring payments in South Africa shifts to account-based,…
05:03 Angolan Kwanza integration into SADC-RTGS finalized, ending Rand's monopoly
05:41 Quidax expands licensed stablecoin payment rails to 21 countries and 14 currenc…
06:15 Card payments in Kenya fall 12% as consumers shift to mobile money and bank apps
06:46 Tanzania's Central Bank finalizes regulatory framework for crypto and digital a…
07:16 Corpay launches 'Agent Card' to enable AI-driven business payments
07:47 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-30/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>28</itunes:episode>
      <itunes:title>Jul 30: Onafriq partners with Privy to build regulated stablecoin infrastructure for B2B paymen…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 29: Identity Firm Prembly Rallies Nigerian Financial Sector to Combat Escalating Fraud</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-29/</link>
      <description>Major structural shifts are reshaping the payment landscape from the ground up today. In Nigeria, the fintech sector is forming a unified front against a surge in coordinated fraud, even as it braces for the operational fallout of the central bank's latest market mandates. Meanwhile, Visa is aggressively restructuring its workforce, slashing traditional tech roles to double down on the agentic commerce and stablecoin infrastructure we've been tracking.

In this episode:
• Identity Firm Prembly Rallies Nigerian Financial Sector to Combat Escalating Fraud
• Visa to Cut 2,600 Tech and Product Jobs, Citing AI Efficiencies and Pivot to Stablecoins
• AI and Stablecoins Drive 'Dual Transformation' of Corporate Treasury in Africa
• Nigerian Fintech Nearpays Wins UN Award for AI-Powered Offline POS System
• Kenyan Banks to Deploy US AI System to Predict Loan Defaults Six Months in Advance
• Nigerian Fintech Forum to Confront Sweeping New CBN Market Structure Rules
• Analysis: The 'Pre-Funding Trap' Is a Silent Tax on African Cross-Border Payments
• Friendly Fraud on the Rise as Visa and Mastercard Tighten Merchant Monitoring Programs
• Nigerian-Licensed Quidax Expands Stablecoin Payment Rails to 21 Countries
• Leadership Shake-Up at Airtel Money Kenya as Managing Director Resigns
• SARB Deputy Governor Outlines Regulatory Challenges of Crypto's 'Black Box' Transactions
• Zedcrest Group Acquires UK-Based Cross-Border Fintech Leatherback

Chapters:
00:00 Intro
01:00 Visa to Cut 2,600 Tech and Product Jobs, Citing AI Efficiencies and Pivot to St…
01:40 AI and Stablecoins Drive 'Dual Transformation' of Corporate Treasury in Africa
02:23 Nigerian Fintech Nearpays Wins UN Award for AI-Powered Offline POS System
03:06 Kenyan Banks to Deploy US AI System to Predict Loan Defaults Six Months in Adva…
03:42 Nigerian Fintech Forum to Confront Sweeping New CBN Market Structure Rules
04:23 Analysis: The 'Pre-Funding Trap' Is a Silent Tax on African Cross-Border Paymen…
05:02 Friendly Fraud on the Rise as Visa and Mastercard Tighten Merchant Monitoring P…
05:33 Nigerian-Licensed Quidax Expands Stablecoin Payment Rails to 21 Countries
06:08 Leadership Shake-Up at Airtel Money Kenya as Managing Director Resigns
06:40 SARB Deputy Governor Outlines Regulatory Challenges of Crypto's 'Black Box' Tra…
07:14 Zedcrest Group Acquires UK-Based Cross-Border Fintech Leatherback

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-29/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Major structural shifts are reshaping the payment landscape from the ground up today. In Nigeria, the fintech sector is forming a unified front against a surge in coordinated fraud, even as it braces for the operational fallout of the central bank's latest market mandates. Meanwhile, Visa is aggressively restructuring its workforce, slashing traditional tech roles to double down on the agentic commerce and stablecoin infrastructure we've been tracking.</p><h3>In this episode</h3><ul><li><strong>Identity Firm Prembly Rallies Nigerian Financial Sector to Combat Escalating Fraud</strong> — Building on the recent push for unified anti-fraud systems we saw from the Bank of Ghana and across East Africa…</li><li><strong>Visa to Cut 2,600 Tech and Product Jobs, Citing AI Efficiencies and Pivot to Stablecoins</strong> — Following Visa's recent launches of enterprise stablecoin platforms and AI-driven 'agentic commerce' tools, the company…</li><li><strong>AI and Stablecoins Drive 'Dual Transformation' of Corporate Treasury in Africa</strong> — Echoing yesterday's IMF report on Nigeria's $59 billion in utility-driven crypto inflows, a new analysis frames African…</li><li><strong>Nigerian Fintech Nearpays Wins UN Award for AI-Powered Offline POS System</strong> — Nigerian fintech Nearpays won the grand prize at the UN's AI for Good Innovation Factory, becoming the first African…</li><li><strong>Kenyan Banks to Deploy US AI System to Predict Loan Defaults Six Months in Advance</strong> — A consortium of Kenyan commercial banks is partnering with US firm IronOne Technologies to implement an AI-powered…</li><li><strong>Nigerian Fintech Forum to Confront Sweeping New CBN Market Structure Rules</strong> — The upcoming Nigeria Fintech Forum in Lagos will tackle the immediate operational fallout from the sweeping Central…</li><li><strong>Analysis: The 'Pre-Funding Trap' Is a Silent Tax on African Cross-Border Payments</strong> — A new analysis highlights the 'pre-funding trap' as a core operational burden for African cross-border payment…</li><li><strong>Friendly Fraud on the Rise as Visa and Mastercard Tighten Merchant Monitoring Programs</strong> — With 'friendly fraud' now driving up to 86% of e-commerce chargebacks as we noted recently, card networks are…</li><li><strong>Nigerian-Licensed Quidax Expands Stablecoin Payment Rails to 21 Countries</strong> — Quidax, the first digital asset exchange to receive a provisional license from Nigeria's SEC, has expanded its…</li><li><strong>Leadership Shake-Up at Airtel Money Kenya as Managing Director Resigns</strong> — In the second major leadership shake-up in Kenya's mobile money sector this month, Airtel Money Kenya's managing…</li><li><strong>SARB Deputy Governor Outlines Regulatory Challenges of Crypto's 'Black Box' Transactions</strong> — Fundi Tshazibana, a Deputy Governor of the South African Reserve Bank (SARB), highlighted the challenges regulators…</li><li><strong>Zedcrest Group Acquires UK-Based Cross-Border Fintech Leatherback</strong> — Nigerian financial services conglomerate Zedcrest Group has acquired Leatherback, a UK-founded but Africa-focused…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:00 Visa to Cut 2,600 Tech and Product Jobs, Citing AI Efficiencies and Pivot to St…<br/>01:40 AI and Stablecoins Drive 'Dual Transformation' of Corporate Treasury in Africa<br/>02:23 Nigerian Fintech Nearpays Wins UN Award for AI-Powered Offline POS System<br/>03:06 Kenyan Banks to Deploy US AI System to Predict Loan Defaults Six Months in Adva…<br/>03:42 Nigerian Fintech Forum to Confront Sweeping New CBN Market Structure Rules<br/>04:23 Analysis: The 'Pre-Funding Trap' Is a Silent Tax on African Cross-Border Paymen…<br/>05:02 Friendly Fraud on the Rise as Visa and Mastercard Tighten Merchant Monitoring P…<br/>05:33 Nigerian-Licensed Quidax Expands Stablecoin Payment Rails to 21 Countries<br/>06:08 Leadership Shake-Up at Airtel Money Kenya as Managing Director Resigns<br/>06:40 SARB Deputy Governor Outlines Regulatory Challenges of Crypto's 'Black Box' Tra…<br/>07:14 Zedcrest Group Acquires UK-Based Cross-Border Fintech Leatherback</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-29/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-29/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-29.mp3" length="4120638" type="audio/mpeg"/>
      <pubDate>Wed, 29 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Major structural shifts are reshaping the payment landscape from the ground up today. In Nigeria, the fintech sector is forming a unified front against a surge in coordinated fraud, even as it braces for the operational fallout of the centr</itunes:subtitle>
      <itunes:summary>Major structural shifts are reshaping the payment landscape from the ground up today. In Nigeria, the fintech sector is forming a unified front against a surge in coordinated fraud, even as it braces for the operational fallout of the central bank's latest market mandates. Meanwhile, Visa is aggressively restructuring its workforce, slashing traditional tech roles to double down on the agentic commerce and stablecoin infrastructure we've been tracking.

In this episode:
• Identity Firm Prembly Rallies Nigerian Financial Sector to Combat Escalating Fraud
• Visa to Cut 2,600 Tech and Product Jobs, Citing AI Efficiencies and Pivot to Stablecoins
• AI and Stablecoins Drive 'Dual Transformation' of Corporate Treasury in Africa
• Nigerian Fintech Nearpays Wins UN Award for AI-Powered Offline POS System
• Kenyan Banks to Deploy US AI System to Predict Loan Defaults Six Months in Advance
• Nigerian Fintech Forum to Confront Sweeping New CBN Market Structure Rules
• Analysis: The 'Pre-Funding Trap' Is a Silent Tax on African Cross-Border Payments
• Friendly Fraud on the Rise as Visa and Mastercard Tighten Merchant Monitoring Programs
• Nigerian-Licensed Quidax Expands Stablecoin Payment Rails to 21 Countries
• Leadership Shake-Up at Airtel Money Kenya as Managing Director Resigns
• SARB Deputy Governor Outlines Regulatory Challenges of Crypto's 'Black Box' Transactions
• Zedcrest Group Acquires UK-Based Cross-Border Fintech Leatherback

Chapters:
00:00 Intro
01:00 Visa to Cut 2,600 Tech and Product Jobs, Citing AI Efficiencies and Pivot to St…
01:40 AI and Stablecoins Drive 'Dual Transformation' of Corporate Treasury in Africa
02:23 Nigerian Fintech Nearpays Wins UN Award for AI-Powered Offline POS System
03:06 Kenyan Banks to Deploy US AI System to Predict Loan Defaults Six Months in Adva…
03:42 Nigerian Fintech Forum to Confront Sweeping New CBN Market Structure Rules
04:23 Analysis: The 'Pre-Funding Trap' Is a Silent Tax on African Cross-Border Paymen…
05:02 Friendly Fraud on the Rise as Visa and Mastercard Tighten Merchant Monitoring P…
05:33 Nigerian-Licensed Quidax Expands Stablecoin Payment Rails to 21 Countries
06:08 Leadership Shake-Up at Airtel Money Kenya as Managing Director Resigns
06:40 SARB Deputy Governor Outlines Regulatory Challenges of Crypto's 'Black Box' Tra…
07:14 Zedcrest Group Acquires UK-Based Cross-Border Fintech Leatherback

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-29/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>27</itunes:episode>
      <itunes:title>Jul 29: Identity Firm Prembly Rallies Nigerian Financial Sector to Combat Escalating Fraud</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 28: Angola's Kwanza Joins SADC Payment System, Ending Rand's Monopoly and Lowering Cross-Bo…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-28/</link>
      <description>Kenya's push to become Africa's premier crypto hub is now law, with the Treasury officially gazetting the slashed capital requirements we saw drafted yesterday. Meanwhile, the cost of operating in Nigeria is about to rise as the central bank's local data storage mandate comes into focus, and the Angolan kwanza officially breaks the rand's monopoly on SADC's regional payment rails.

In this episode:
• Angola's Kwanza Joins SADC Payment System, Ending Rand's Monopoly and Lowering Cross-Border Friction
• Nigeria's Central Bank Mandates Local Data Storage by 2027, Creating New Infrastructure Demands
• Kenya Finalizes VASP Regulations, Slashes Capital Requirements for Crypto Firms
• Nigeria's Crypto Market Hits $59B in Inflows; Stablecoins Drive Utility Adoption
• Regulatory Divergence: Kenya's Low Bar for Stablecoin Issuers vs. Nigeria's High Hurdles
• Standard Bank Processes Over $1.2B via China's CIPS, Expanding Yuan Settlement in Africa
• Nigeria's Official FX Market Turnover Surges 83% to $4.38B, Signaling Improved Liquidity
• Access Bank Launches AI-Powered App for Nigerian SMEs, Deepening Push into Value-Added Services
• Vodacom's Mobile Money Arm Processed $548 Billion, Signals Fintech-Focused Future
• WhatsApp-Based Escrow Service Launches in Nigeria to Combat Social Commerce Fraud
• Analysis: Africa's Instant Payment Rails Suffer from a 'Participation Problem'
• BinBase Updates 2026 Database with Granular Data for Digital Wallets, Subscriptions, and DCC

Chapters:
00:00 Intro
00:46 Nigeria's Central Bank Mandates Local Data Storage by 2027, Creating New Infras…
01:17 Kenya Finalizes VASP Regulations, Slashes Capital Requirements for Crypto Firms
01:49 Nigeria's Crypto Market Hits $59B in Inflows; Stablecoins Drive Utility Adoption
02:21 Regulatory Divergence: Kenya's Low Bar for Stablecoin Issuers vs. Nigeria's Hig…
02:55 Standard Bank Processes Over $1.2B via China's CIPS, Expanding Yuan Settlement…
03:51 Access Bank Launches AI-Powered App for Nigerian SMEs, Deepening Push into Valu…
04:42 WhatsApp-Based Escrow Service Launches in Nigeria to Combat Social Commerce Fra…
05:30 BinBase Updates 2026 Database with Granular Data for Digital Wallets, Subscript…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-28/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Kenya's push to become Africa's premier crypto hub is now law, with the Treasury officially gazetting the slashed capital requirements we saw drafted yesterday. Meanwhile, the cost of operating in Nigeria is about to rise as the central bank's local data storage mandate comes into focus, and the Angolan kwanza officially breaks the rand's monopoly on SADC's regional payment rails.</p><h3>In this episode</h3><ul><li><strong>Angola's Kwanza Joins SADC Payment System, Ending Rand's Monopoly and Lowering Cross-Border Friction</strong> — As the SARB announced yesterday, the Angolan kwanza officially became the second settlement currency on the Southern…</li><li><strong>Nigeria's Central Bank Mandates Local Data Storage by 2027, Creating New Infrastructure Demands</strong> — As the Central Bank of Nigeria's January 2027 payment data localization deadline approaches, the physical…</li><li><strong>Kenya Finalizes VASP Regulations, Slashes Capital Requirements for Crypto Firms</strong> — Kenya has formally gazetted its Virtual Asset Service Providers (VASP) Regulations 2026, officially enacting the…</li><li><strong>Nigeria's Crypto Market Hits $59B in Inflows; Stablecoins Drive Utility Adoption</strong> — Further confirming the shift toward utility-driven stablecoin adoption we've tracked across the continent, a new IMF…</li><li><strong>Regulatory Divergence: Kenya's Low Bar for Stablecoin Issuers vs. Nigeria's High Hurdles</strong> — A stark regulatory divergence is cementing between Africa's tech hubs.</li><li><strong>Standard Bank Processes Over $1.2B via China's CIPS, Expanding Yuan Settlement in Africa</strong> — Following its authorization as Africa's Renminbi clearing bank, Standard Bank has now processed over CNY 8 billion…</li><li><strong>Nigeria's Official FX Market Turnover Surges 83% to $4.38B, Signaling Improved Liquidity</strong> — Building on the improved liquidity trends noted by the CBN earlier this month, Nigeria's official foreign exchange…</li><li><strong>Access Bank Launches AI-Powered App for Nigerian SMEs, Deepening Push into Value-Added Services</strong> — Access Bank Plc has launched its 'Access SME App,' an AI-powered platform designed to help small and medium-sized…</li><li><strong>Vodacom's Mobile Money Arm Processed $548 Billion, Signals Fintech-Focused Future</strong> — Reflecting the increasing oversight we noted during Safaricom's recent executive shake-ups, Vodacom revealed its…</li><li><strong>WhatsApp-Based Escrow Service Launches in Nigeria to Combat Social Commerce Fraud</strong> — Sentinel Escrow has launched SentiBud, a WhatsApp-based escrow assistant in Nigeria, to secure transactions in the…</li><li><strong>Analysis: Africa's Instant Payment Rails Suffer from a 'Participation Problem'</strong> — Despite the proliferation of instant payment systems across Africa, a new analysis from TechCabal argues they suffer…</li><li><strong>BinBase Updates 2026 Database with Granular Data for Digital Wallets, Subscriptions, and DCC</strong> — On Sunday, BinBase released its 2026 Bank Identification Number (BIN) database updates, which include more granular…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:46 Nigeria's Central Bank Mandates Local Data Storage by 2027, Creating New Infras…<br/>01:17 Kenya Finalizes VASP Regulations, Slashes Capital Requirements for Crypto Firms<br/>01:49 Nigeria's Crypto Market Hits $59B in Inflows; Stablecoins Drive Utility Adoption<br/>02:21 Regulatory Divergence: Kenya's Low Bar for Stablecoin Issuers vs. Nigeria's Hig…<br/>02:55 Standard Bank Processes Over $1.2B via China's CIPS, Expanding Yuan Settlement…<br/>03:51 Access Bank Launches AI-Powered App for Nigerian SMEs, Deepening Push into Valu…<br/>04:42 WhatsApp-Based Escrow Service Launches in Nigeria to Combat Social Commerce Fra…<br/>05:30 BinBase Updates 2026 Database with Granular Data for Digital Wallets, Subscript…</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-28/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-28/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-28.mp3" length="3015040" type="audio/mpeg"/>
      <pubDate>Tue, 28 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Kenya's push to become Africa's premier crypto hub is now law, with the Treasury officially gazetting the slashed capital requirements we saw drafted yesterday. Meanwhile, the cost of operating in Nigeria is about to rise as the central ban</itunes:subtitle>
      <itunes:summary>Kenya's push to become Africa's premier crypto hub is now law, with the Treasury officially gazetting the slashed capital requirements we saw drafted yesterday. Meanwhile, the cost of operating in Nigeria is about to rise as the central bank's local data storage mandate comes into focus, and the Angolan kwanza officially breaks the rand's monopoly on SADC's regional payment rails.

In this episode:
• Angola's Kwanza Joins SADC Payment System, Ending Rand's Monopoly and Lowering Cross-Border Friction
• Nigeria's Central Bank Mandates Local Data Storage by 2027, Creating New Infrastructure Demands
• Kenya Finalizes VASP Regulations, Slashes Capital Requirements for Crypto Firms
• Nigeria's Crypto Market Hits $59B in Inflows; Stablecoins Drive Utility Adoption
• Regulatory Divergence: Kenya's Low Bar for Stablecoin Issuers vs. Nigeria's High Hurdles
• Standard Bank Processes Over $1.2B via China's CIPS, Expanding Yuan Settlement in Africa
• Nigeria's Official FX Market Turnover Surges 83% to $4.38B, Signaling Improved Liquidity
• Access Bank Launches AI-Powered App for Nigerian SMEs, Deepening Push into Value-Added Services
• Vodacom's Mobile Money Arm Processed $548 Billion, Signals Fintech-Focused Future
• WhatsApp-Based Escrow Service Launches in Nigeria to Combat Social Commerce Fraud
• Analysis: Africa's Instant Payment Rails Suffer from a 'Participation Problem'
• BinBase Updates 2026 Database with Granular Data for Digital Wallets, Subscriptions, and DCC

Chapters:
00:00 Intro
00:46 Nigeria's Central Bank Mandates Local Data Storage by 2027, Creating New Infras…
01:17 Kenya Finalizes VASP Regulations, Slashes Capital Requirements for Crypto Firms
01:49 Nigeria's Crypto Market Hits $59B in Inflows; Stablecoins Drive Utility Adoption
02:21 Regulatory Divergence: Kenya's Low Bar for Stablecoin Issuers vs. Nigeria's Hig…
02:55 Standard Bank Processes Over $1.2B via China's CIPS, Expanding Yuan Settlement…
03:51 Access Bank Launches AI-Powered App for Nigerian SMEs, Deepening Push into Valu…
04:42 WhatsApp-Based Escrow Service Launches in Nigeria to Combat Social Commerce Fra…
05:30 BinBase Updates 2026 Database with Granular Data for Digital Wallets, Subscript…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-28/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>26</itunes:episode>
      <itunes:title>Jul 28: Angola's Kwanza Joins SADC Payment System, Ending Rand's Monopoly and Lowering Cross-Bo…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 27: Duplo Raises $13M to Automate B2B Finance for African Businesses, Expands to South Africa</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-27/</link>
      <description>Today on The Settlement Layer: the SARB is stepping in to nationalize the cost of physical cash management across South Africa, proposing to treat the cash ecosystem as public infrastructure. At the same time, regional settlement networks are drawing in new assets, with Angola's kwanza formally integrating into SADC rails and Kenya cutting capital thresholds to keep stablecoin issuers onshore.

In this episode:
• Duplo Raises $13M to Automate B2B Finance for African Businesses, Expands to South Africa
• OPay Details AI-Powered Security and Infrastructure Strategy in Nigeria
• South Africa To Overhaul Cash System, Treating It as Public Infrastructure
• Angola's Kwanza to be Integrated into SADC Payment System
• Kenya Treasury Lowers Capital Requirements for Crypto Firms
• Study: Kenyan Online Stores Lose 67% of Customers to Checkout Friction
• Ethiopia Forms Digital Finance Trade Body Amidst Broad Ban on Virtual Assets
• Case Study: Kogan Lifts Approval Rate Above 98% with Riskified's AI Tools
• East African Community Reaffirms 2031 Target for Single Currency
• CBN Withdraws From Direct Intervention Funding for Nigerian Manufacturers
• PawaPay Hits 3 Billion Mobile Money Transactions, Citing Business-Driven Growth

Chapters:
00:00 Intro
00:57 OPay Details AI-Powered Security and Infrastructure Strategy in Nigeria
01:36 South Africa To Overhaul Cash System, Treating It as Public Infrastructure
02:14 Angola's Kwanza to be Integrated into SADC Payment System
02:46 Kenya Treasury Lowers Capital Requirements for Crypto Firms
03:20 Study: Kenyan Online Stores Lose 67% of Customers to Checkout Friction
03:53 Ethiopia Forms Digital Finance Trade Body Amidst Broad Ban on Virtual Assets
04:31 Case Study: Kogan Lifts Approval Rate Above 98% with Riskified's AI Tools
05:05 East African Community Reaffirms 2031 Target for Single Currency
05:36 CBN Withdraws From Direct Intervention Funding for Nigerian Manufacturers
06:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-27/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: the SARB is stepping in to nationalize the cost of physical cash management across South Africa, proposing to treat the cash ecosystem as public infrastructure. At the same time, regional settlement networks are drawing in new assets, with Angola's kwanza formally integrating into SADC rails and Kenya cutting capital thresholds to keep stablecoin issuers onshore.</p><h3>In this episode</h3><ul><li><strong>Duplo Raises $13M to Automate B2B Finance for African Businesses, Expands to South Africa</strong> — Nigerian fintech startup Duplo has raised $13 million to expand its AI-powered platform that automates financial…</li><li><strong>OPay Details AI-Powered Security and Infrastructure Strategy in Nigeria</strong> — Building on the AI-powered 'Anti-Scam Shield' and behavioral architecture we covered earlier this week, OPay executives…</li><li><strong>South Africa To Overhaul Cash System, Treating It as Public Infrastructure</strong> — The South African Reserve Bank (SARB) is proposing a major overhaul of the country's physical cash system to reduce a…</li><li><strong>Angola's Kwanza to be Integrated into SADC Payment System</strong> — The South African Reserve Bank (SARB) announced that it will integrate Angola's kwanza into the SADC (Southern African…</li><li><strong>Kenya Treasury Lowers Capital Requirements for Crypto Firms</strong> — Following up on Kenya's formal gazetting of VASP regulations we tracked recently, the Treasury has bowed to industry…</li><li><strong>Study: Kenyan Online Stores Lose 67% of Customers to Checkout Friction</strong> — A new study from Savannah Software Solutions finds that 67% of Kenyan online shoppers abandon their carts before…</li><li><strong>Ethiopia Forms Digital Finance Trade Body Amidst Broad Ban on Virtual Assets</strong> — In a complex week for Ethiopian digital finance, the industry launched the Ethiopian Digital Financial Service…</li><li><strong>Case Study: Kogan Lifts Approval Rate Above 98% with Riskified's AI Tools</strong> — Australian e-commerce group Kogan boosted its payment approval rate to over 98% and identified AUD $1.5 million in…</li><li><strong>East African Community Reaffirms 2031 Target for Single Currency</strong> — Central bank governors from the East African Community (EAC) have reaffirmed their commitment to launching a single…</li><li><strong>CBN Withdraws From Direct Intervention Funding for Nigerian Manufacturers</strong> — Nigeria's Central Bank (CBN) has announced it will no longer provide direct intervention funding to the manufacturing…</li><li><strong>PawaPay Hits 3 Billion Mobile Money Transactions, Citing Business-Driven Growth</strong> — Fintech firm PawaPay announced it has processed three billion mobile money transactions, with daily volumes doubling to…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:57 OPay Details AI-Powered Security and Infrastructure Strategy in Nigeria<br/>01:36 South Africa To Overhaul Cash System, Treating It as Public Infrastructure<br/>02:14 Angola's Kwanza to be Integrated into SADC Payment System<br/>02:46 Kenya Treasury Lowers Capital Requirements for Crypto Firms<br/>03:20 Study: Kenyan Online Stores Lose 67% of Customers to Checkout Friction<br/>03:53 Ethiopia Forms Digital Finance Trade Body Amidst Broad Ban on Virtual Assets<br/>04:31 Case Study: Kogan Lifts Approval Rate Above 98% with Riskified's AI Tools<br/>05:05 East African Community Reaffirms 2031 Target for Single Currency<br/>05:36 CBN Withdraws From Direct Intervention Funding for Nigerian Manufacturers<br/>06:31 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-27/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-27/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-27.mp3" length="3423039" type="audio/mpeg"/>
      <pubDate>Mon, 27 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: the SARB is stepping in to nationalize the cost of physical cash management across South Africa, proposing to treat the cash ecosystem as public infrastructure. At the same time, regional settlement networks a</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: the SARB is stepping in to nationalize the cost of physical cash management across South Africa, proposing to treat the cash ecosystem as public infrastructure. At the same time, regional settlement networks are drawing in new assets, with Angola's kwanza formally integrating into SADC rails and Kenya cutting capital thresholds to keep stablecoin issuers onshore.

In this episode:
• Duplo Raises $13M to Automate B2B Finance for African Businesses, Expands to South Africa
• OPay Details AI-Powered Security and Infrastructure Strategy in Nigeria
• South Africa To Overhaul Cash System, Treating It as Public Infrastructure
• Angola's Kwanza to be Integrated into SADC Payment System
• Kenya Treasury Lowers Capital Requirements for Crypto Firms
• Study: Kenyan Online Stores Lose 67% of Customers to Checkout Friction
• Ethiopia Forms Digital Finance Trade Body Amidst Broad Ban on Virtual Assets
• Case Study: Kogan Lifts Approval Rate Above 98% with Riskified's AI Tools
• East African Community Reaffirms 2031 Target for Single Currency
• CBN Withdraws From Direct Intervention Funding for Nigerian Manufacturers
• PawaPay Hits 3 Billion Mobile Money Transactions, Citing Business-Driven Growth

Chapters:
00:00 Intro
00:57 OPay Details AI-Powered Security and Infrastructure Strategy in Nigeria
01:36 South Africa To Overhaul Cash System, Treating It as Public Infrastructure
02:14 Angola's Kwanza to be Integrated into SADC Payment System
02:46 Kenya Treasury Lowers Capital Requirements for Crypto Firms
03:20 Study: Kenyan Online Stores Lose 67% of Customers to Checkout Friction
03:53 Ethiopia Forms Digital Finance Trade Body Amidst Broad Ban on Virtual Assets
04:31 Case Study: Kogan Lifts Approval Rate Above 98% with Riskified's AI Tools
05:05 East African Community Reaffirms 2031 Target for Single Currency
05:36 CBN Withdraws From Direct Intervention Funding for Nigerian Manufacturers
06:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-27/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>25</itunes:episode>
      <itunes:title>Jul 27: Duplo Raises $13M to Automate B2B Finance for African Businesses, Expands to South Africa</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 26: S&amp;P Upgrades South Africa's Credit Rating, Country Exits FATF Grey List</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-26/</link>
      <description>The infrastructure supporting The Settlement Layer digital trade is receiving substantial backing today, highlighted by an $8 billion capital injection into South Africa's cross-border platforms and a hawkish pivot from the SARB. At the same time, the fundamental architecture of automated commerce is evolving, with Mastercard establishing new verifiable standards for AI-initiated blockchain payments.

In this episode:
• S&amp;P Upgrades South Africa's Credit Rating, Country Exits FATF Grey List
• Mastercard's 'Verifiable Intent' Standard Integrated into XRP Ledger for AI Agent Payments
• Afreximbank and South Africa's IDC Sign $8B Deal to Boost Intra-African Trade and Industrial Development
• SARB Signals Hawkish Turn as Inflation Hits 5.0%, Potential Rate Hike Looms
• Jumia Nigeria Partners with Klump to Offer 'Buy Now, Pay Later' Payments
• New PCI DSS Rules Target Web Skimming Risk from Third-Party Scripts on Checkout Pages
• Cloud Provider AFRICLOUD Integrates Mobile Money and Crypto Payments Across 11 African Countries
• Eswatini to Join PAPSS as Part of Deepened Financial Cooperation with Egypt
• Circle's 'Arc' Blockchain Nears Launch with 8 Teams Building Payment Solutions for Africa
• Somalia to Integrate National Instant Payment System with PAPSS
• Safaricom Attributes MyOneApp Logout Issues to SIM-Based Security Feature

Chapters:
00:00 Intro
01:02 Mastercard's 'Verifiable Intent' Standard Integrated into XRP Ledger for AI Age…
01:39 Afreximbank and South Africa's IDC Sign $8B Deal to Boost Intra-African Trade a…
02:18 SARB Signals Hawkish Turn as Inflation Hits 5.0%, Potential Rate Hike Looms
02:51 Jumia Nigeria Partners with Klump to Offer 'Buy Now, Pay Later' Payments
03:25 New PCI DSS Rules Target Web Skimming Risk from Third-Party Scripts on Checkout…
04:00 Cloud Provider AFRICLOUD Integrates Mobile Money and Crypto Payments Across 11…
04:32 Eswatini to Join PAPSS as Part of Deepened Financial Cooperation with Egypt
05:35 Somalia to Integrate National Instant Payment System with PAPSS
06:05 Safaricom Attributes MyOneApp Logout Issues to SIM-Based Security Feature
06:41 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-26/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The infrastructure supporting The Settlement Layer digital trade is receiving substantial backing today, highlighted by an $8 billion capital injection into South Africa's cross-border platforms and a hawkish pivot from the SARB. At the same time, the fundamental architecture of automated commerce is evolving, with Mastercard establishing new verifiable standards for AI-initiated blockchain payments.</p><h3>In this episode</h3><ul><li><strong>S&amp;P Upgrades South Africa's Credit Rating, Country Exits FATF Grey List</strong> — S&amp;P Global has upgraded South Africa's sovereign credit ratings for both foreign and local currency for the first time…</li><li><strong>Mastercard's 'Verifiable Intent' Standard Integrated into XRP Ledger for AI Agent Payments</strong> — As the infrastructure for agentic commerce continues to mature beyond the pilots from Visa, Stripe, and Coinbase we've…</li><li><strong>Afreximbank and South Africa's IDC Sign $8B Deal to Boost Intra-African Trade and Industrial Development</strong> — Following up on its recent campaign to increase central bank adoption of the Pan-African Payment and Settlement System…</li><li><strong>SARB Signals Hawkish Turn as Inflation Hits 5.0%, Potential Rate Hike Looms</strong> — After last week's surprise decision to hold interest rates triggered a sharp depreciation in the rand, a new June…</li><li><strong>Jumia Nigeria Partners with Klump to Offer 'Buy Now, Pay Later' Payments</strong> — Jumia Nigeria has partnered with Buy Now, Pay Later (BNPL) provider Klump to allow customers to pay for purchases in…</li><li><strong>New PCI DSS Rules Target Web Skimming Risk from Third-Party Scripts on Checkout Pages</strong> — The latest version of the Payment Card Industry Data Security Standard, PCI DSS v4.0.1, introduces strict new…</li><li><strong>Cloud Provider AFRICLOUD Integrates Mobile Money and Crypto Payments Across 11 African Countries</strong> — AFRICLOUD, a cloud hosting provider with data centers in Johannesburg and Lisbon, has integrated mobile money payment…</li><li><strong>Eswatini to Join PAPSS as Part of Deepened Financial Cooperation with Egypt</strong> — The Central Banks of Egypt and Eswatini have met to strengthen financial ties, with a key focus on bringing Eswatini…</li><li><strong>Circle's 'Arc' Blockchain Nears Launch with 8 Teams Building Payment Solutions for Africa</strong> — Circle's native stablecoin blockchain, Arc, is approaching its mainnet beta launch, with several developer teams…</li><li><strong>Somalia to Integrate National Instant Payment System with PAPSS</strong> — Somalia's Central Bank is expanding its national Instant Payment System (SIPS) to integrate commercial banks and mobile…</li><li><strong>Safaricom Attributes MyOneApp Logout Issues to SIM-Based Security Feature</strong> — Safaricom has clarified that the repeated logouts some M-PESA users experience on its MyOneApp, particularly when using…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:02 Mastercard's 'Verifiable Intent' Standard Integrated into XRP Ledger for AI Age…<br/>01:39 Afreximbank and South Africa's IDC Sign $8B Deal to Boost Intra-African Trade a…<br/>02:18 SARB Signals Hawkish Turn as Inflation Hits 5.0%, Potential Rate Hike Looms<br/>02:51 Jumia Nigeria Partners with Klump to Offer 'Buy Now, Pay Later' Payments<br/>03:25 New PCI DSS Rules Target Web Skimming Risk from Third-Party Scripts on Checkout…<br/>04:00 Cloud Provider AFRICLOUD Integrates Mobile Money and Crypto Payments Across 11…<br/>04:32 Eswatini to Join PAPSS as Part of Deepened Financial Cooperation with Egypt<br/>05:35 Somalia to Integrate National Instant Payment System with PAPSS<br/>06:05 Safaricom Attributes MyOneApp Logout Issues to SIM-Based Security Feature<br/>06:41 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-26/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-26/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-26.mp3" length="3495789" type="audio/mpeg"/>
      <pubDate>Sun, 26 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The infrastructure supporting The Settlement Layer digital trade is receiving substantial backing today, highlighted by an $8 billion capital injection into South Africa's cross-border platforms and a hawkish pivot from the SARB. At the sam</itunes:subtitle>
      <itunes:summary>The infrastructure supporting The Settlement Layer digital trade is receiving substantial backing today, highlighted by an $8 billion capital injection into South Africa's cross-border platforms and a hawkish pivot from the SARB. At the same time, the fundamental architecture of automated commerce is evolving, with Mastercard establishing new verifiable standards for AI-initiated blockchain payments.

In this episode:
• S&amp;P Upgrades South Africa's Credit Rating, Country Exits FATF Grey List
• Mastercard's 'Verifiable Intent' Standard Integrated into XRP Ledger for AI Agent Payments
• Afreximbank and South Africa's IDC Sign $8B Deal to Boost Intra-African Trade and Industrial Development
• SARB Signals Hawkish Turn as Inflation Hits 5.0%, Potential Rate Hike Looms
• Jumia Nigeria Partners with Klump to Offer 'Buy Now, Pay Later' Payments
• New PCI DSS Rules Target Web Skimming Risk from Third-Party Scripts on Checkout Pages
• Cloud Provider AFRICLOUD Integrates Mobile Money and Crypto Payments Across 11 African Countries
• Eswatini to Join PAPSS as Part of Deepened Financial Cooperation with Egypt
• Circle's 'Arc' Blockchain Nears Launch with 8 Teams Building Payment Solutions for Africa
• Somalia to Integrate National Instant Payment System with PAPSS
• Safaricom Attributes MyOneApp Logout Issues to SIM-Based Security Feature

Chapters:
00:00 Intro
01:02 Mastercard's 'Verifiable Intent' Standard Integrated into XRP Ledger for AI Age…
01:39 Afreximbank and South Africa's IDC Sign $8B Deal to Boost Intra-African Trade a…
02:18 SARB Signals Hawkish Turn as Inflation Hits 5.0%, Potential Rate Hike Looms
02:51 Jumia Nigeria Partners with Klump to Offer 'Buy Now, Pay Later' Payments
03:25 New PCI DSS Rules Target Web Skimming Risk from Third-Party Scripts on Checkout…
04:00 Cloud Provider AFRICLOUD Integrates Mobile Money and Crypto Payments Across 11…
04:32 Eswatini to Join PAPSS as Part of Deepened Financial Cooperation with Egypt
05:35 Somalia to Integrate National Instant Payment System with PAPSS
06:05 Safaricom Attributes MyOneApp Logout Issues to SIM-Based Security Feature
06:41 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-26/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>24</itunes:episode>
      <itunes:title>Jul 26: S&amp;P Upgrades South Africa's Credit Rating, Country Exits FATF Grey List</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 25: South Africa's Rand Plunges After SARB Unexpectedly Holds Interest Rates at 7%</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-25/</link>
      <description>The fallout from South Africa's surprise interest rate hold is rippling through forex markets today, sending the rand tumbling. Further north, Nigeria's central bank is outlining an ambitious new vision for regional payments leadership, while Kenya has formally gazetted its long-awaited regulations for crypto assets—cementing a continent-wide shift toward stricter institutional oversight.

In this episode:
• South Africa's Rand Plunges After SARB Unexpectedly Holds Interest Rates at 7%
• Nigeria's Central Bank Launches 'PSV 2028' to Become Africa's Payment Backbone
• Kenya Officially Gazettes Virtual Asset Service Provider Regulations
• Visa and Lianlian Complete First Live B2B 'Agentic' Transaction with AI
• Wema Bank Integrates Duplo to Automate B2B Financial Workflows for Nigerian Businesses
• New Institutional-Grade Payment Solution Launches to Tackle African Cross-Border Friction
• Chargeblast Launches AI-Assisted Service to Recover Disputed Merchant Revenue
• AWS Consolidates AI Portfolio, Sunsetting Services Including Bedrock Agents Classic
• New Report Advocates for Local Currency Stablecoins to Boost African Digital Trade
• Report: Nigerian Digital Fraud Attacks Are Fewer, But More Targeted and Costly
• Safaricom Clarifies M-Pesa Paybill Reversal Process, Places Onus on Merchants
• Kora Integrates with IATA to Power Airline Payments Across Africa

Chapters:
00:00 Intro
00:59 Nigeria's Central Bank Launches 'PSV 2028' to Become Africa's Payment Backbone
01:36 Kenya Officially Gazettes Virtual Asset Service Provider Regulations
02:13 Visa and Lianlian Complete First Live B2B 'Agentic' Transaction with AI
02:50 Wema Bank Integrates Duplo to Automate B2B Financial Workflows for Nigerian Bus…
03:20 New Institutional-Grade Payment Solution Launches to Tackle African Cross-Borde…
03:54 Chargeblast Launches AI-Assisted Service to Recover Disputed Merchant Revenue
04:53 New Report Advocates for Local Currency Stablecoins to Boost African Digital Tr…
05:25 Report: Nigerian Digital Fraud Attacks Are Fewer, But More Targeted and Costly
06:23 Kora Integrates with IATA to Power Airline Payments Across Africa

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-25/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The fallout from South Africa's surprise interest rate hold is rippling through forex markets today, sending the rand tumbling. Further north, Nigeria's central bank is outlining an ambitious new vision for regional payments leadership, while Kenya has formally gazetted its long-awaited regulations for crypto assets—cementing a continent-wide shift toward stricter institutional oversight.</p><h3>In this episode</h3><ul><li><strong>South Africa's Rand Plunges After SARB Unexpectedly Holds Interest Rates at 7%</strong> — Following the aggressive hike cycle we've been tracking that pushed the repo rate to 7.0%, the South African Reserve…</li><li><strong>Nigeria's Central Bank Launches 'PSV 2028' to Become Africa's Payment Backbone</strong> — The Central Bank of Nigeria (CBN) has formally launched its Payments System Vision 2028 (PSV 2028).</li><li><strong>Kenya Officially Gazettes Virtual Asset Service Provider Regulations</strong> — Kenya has gazetted its Virtual Asset Service Providers (VASP) Regulations, 2026, establishing a formal legal framework…</li><li><strong>Visa and Lianlian Complete First Live B2B 'Agentic' Transaction with AI</strong> — Moving beyond the initial European 'Agentic Ready' pilots we covered recently, Visa and Chinese fintech Lianlian…</li><li><strong>Wema Bank Integrates Duplo to Automate B2B Financial Workflows for Nigerian Businesses</strong> — Nigeria's Wema Bank has integrated B2B fintech Duplo's software into its ALAT for Business platform.</li><li><strong>New Institutional-Grade Payment Solution Launches to Tackle African Cross-Border Friction</strong> — Lumepay has launched an institutional-grade cross-border payment solution aimed at African businesses struggling with…</li><li><strong>Chargeblast Launches AI-Assisted Service to Recover Disputed Merchant Revenue</strong> — Directly addressing the surge in 'friendly fraud' that we noted now accounts for up to 86% of e-commerce chargebacks…</li><li><strong>AWS Consolidates AI Portfolio, Sunsetting Services Including Bedrock Agents Classic</strong> — In a significant strategy shift, Amazon Web Services is placing approximately 20 of its AI services and features into…</li><li><strong>New Report Advocates for Local Currency Stablecoins to Boost African Digital Trade</strong> — Building on the recent data showing Nigeria and South Africa leading global utility-driven stablecoin adoption, a new…</li><li><strong>Report: Nigerian Digital Fraud Attacks Are Fewer, But More Targeted and Costly</strong> — A new report from AI compliance firm Adhere and TechCabal reveals that while the total value of reported digital…</li><li><strong>Safaricom Clarifies M-Pesa Paybill Reversal Process, Places Onus on Merchants</strong> — Safaricom has clarified its policy on reversing funds sent to the wrong M-Pesa Paybill number, confirming that the…</li><li><strong>Kora Integrates with IATA to Power Airline Payments Across Africa</strong> — Nigerian payment infrastructure firm Kora announced on Friday it has joined the IATA Financial Gateway (IFG), a system…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:59 Nigeria's Central Bank Launches 'PSV 2028' to Become Africa's Payment Backbone<br/>01:36 Kenya Officially Gazettes Virtual Asset Service Provider Regulations<br/>02:13 Visa and Lianlian Complete First Live B2B 'Agentic' Transaction with AI<br/>02:50 Wema Bank Integrates Duplo to Automate B2B Financial Workflows for Nigerian Bus…<br/>03:20 New Institutional-Grade Payment Solution Launches to Tackle African Cross-Borde…<br/>03:54 Chargeblast Launches AI-Assisted Service to Recover Disputed Merchant Revenue<br/>04:53 New Report Advocates for Local Currency Stablecoins to Boost African Digital Tr…<br/>05:25 Report: Nigerian Digital Fraud Attacks Are Fewer, But More Targeted and Costly<br/>06:23 Kora Integrates with IATA to Power Airline Payments Across Africa</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-25/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-25/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-25.mp3" length="3762583" type="audio/mpeg"/>
      <pubDate>Sat, 25 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The fallout from South Africa's surprise interest rate hold is rippling through forex markets today, sending the rand tumbling. Further north, Nigeria's central bank is outlining an ambitious new vision for regional payments leadership, whi</itunes:subtitle>
      <itunes:summary>The fallout from South Africa's surprise interest rate hold is rippling through forex markets today, sending the rand tumbling. Further north, Nigeria's central bank is outlining an ambitious new vision for regional payments leadership, while Kenya has formally gazetted its long-awaited regulations for crypto assets—cementing a continent-wide shift toward stricter institutional oversight.

In this episode:
• South Africa's Rand Plunges After SARB Unexpectedly Holds Interest Rates at 7%
• Nigeria's Central Bank Launches 'PSV 2028' to Become Africa's Payment Backbone
• Kenya Officially Gazettes Virtual Asset Service Provider Regulations
• Visa and Lianlian Complete First Live B2B 'Agentic' Transaction with AI
• Wema Bank Integrates Duplo to Automate B2B Financial Workflows for Nigerian Businesses
• New Institutional-Grade Payment Solution Launches to Tackle African Cross-Border Friction
• Chargeblast Launches AI-Assisted Service to Recover Disputed Merchant Revenue
• AWS Consolidates AI Portfolio, Sunsetting Services Including Bedrock Agents Classic
• New Report Advocates for Local Currency Stablecoins to Boost African Digital Trade
• Report: Nigerian Digital Fraud Attacks Are Fewer, But More Targeted and Costly
• Safaricom Clarifies M-Pesa Paybill Reversal Process, Places Onus on Merchants
• Kora Integrates with IATA to Power Airline Payments Across Africa

Chapters:
00:00 Intro
00:59 Nigeria's Central Bank Launches 'PSV 2028' to Become Africa's Payment Backbone
01:36 Kenya Officially Gazettes Virtual Asset Service Provider Regulations
02:13 Visa and Lianlian Complete First Live B2B 'Agentic' Transaction with AI
02:50 Wema Bank Integrates Duplo to Automate B2B Financial Workflows for Nigerian Bus…
03:20 New Institutional-Grade Payment Solution Launches to Tackle African Cross-Borde…
03:54 Chargeblast Launches AI-Assisted Service to Recover Disputed Merchant Revenue
04:53 New Report Advocates for Local Currency Stablecoins to Boost African Digital Tr…
05:25 Report: Nigerian Digital Fraud Attacks Are Fewer, But More Targeted and Costly
06:23 Kora Integrates with IATA to Power Airline Payments Across Africa

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-25/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>23</itunes:episode>
      <itunes:title>Jul 25: South Africa's Rand Plunges After SARB Unexpectedly Holds Interest Rates at 7%</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 24: IMF Warns AI Could Amplify Systemic Financial Risks, Calls for Stronger Central Bank Ov…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-24/</link>
      <description>Central banks in Africa's largest economies are tightening their grip on payment infrastructure today. In Nigeria, the CBN is mandating e-invoicing for medium-sized businesses and demanding naira settlement for diaspora remittances, while South Africa's Reserve Bank contemplates forcing low-cost P2P transfers to rescue its sluggish PayShap network. On the security front, alarming new data from East Africa shows AI-driven fraud easily bypassing traditional biometric checks.

In this episode:
• IMF Warns AI Could Amplify Systemic Financial Risks, Calls for Stronger Central Bank Oversight
• New Data: AI-Driven Security Threats and Merchant Defenses Evolve in Tandem
• SARB Considers Mandating Low-Cost P2P Transfers to Drive PayShap Adoption
• Nigeria's CBN Targets $1 Billion in Monthly Diaspora Inflows, Focuses on Economic Lending
• Coinbase Business Enables All Clients to Accept Payments from AI Agents via x402 Protocol
• Nigeria Mandates E-Invoicing for Medium-Sized Businesses, Expanding Digital Tax System
• Report: East Africa's Fintech Fraud Rate is 66% Above Global Average, Driven by AI
• Kenyan MPs Vote to Exempt Mobile Money Transfer Fees from 16% VAT
• Ordway Launches AI-Powered Solution to Automate B2B Payment Reconciliation
• Sasfin Bank Officially Shuts Down as SARB Cancels License After Regulatory Breaches
• New Bill Grants Central Bank of Kenya Sweeping Powers Over Microfinance Sector

Chapters:
00:00 Intro
01:06 New Data: AI-Driven Security Threats and Merchant Defenses Evolve in Tandem
01:42 SARB Considers Mandating Low-Cost P2P Transfers to Drive PayShap Adoption
02:17 Nigeria's CBN Targets $1 Billion in Monthly Diaspora Inflows, Focuses on Econom…
02:52 Coinbase Business Enables All Clients to Accept Payments from AI Agents via x40…
03:25 Nigeria Mandates E-Invoicing for Medium-Sized Businesses, Expanding Digital Tax…
03:57 Report: East Africa's Fintech Fraud Rate is 66% Above Global Average, Driven by…
04:29 Kenyan MPs Vote to Exempt Mobile Money Transfer Fees from 16% VAT
05:26 Sasfin Bank Officially Shuts Down as SARB Cancels License After Regulatory Brea…
06:20 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-24/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Central banks in Africa's largest economies are tightening their grip on payment infrastructure today. In Nigeria, the CBN is mandating e-invoicing for medium-sized businesses and demanding naira settlement for diaspora remittances, while South Africa's Reserve Bank contemplates forcing low-cost P2P transfers to rescue its sluggish PayShap network. On the security front, alarming new data from East Africa shows AI-driven fraud easily bypassing traditional biometric checks.</p><h3>In this episode</h3><ul><li><strong>IMF Warns AI Could Amplify Systemic Financial Risks, Calls for Stronger Central Bank Oversight</strong> — The International Monetary Fund (IMF) issued a formal warning on Thursday that the widespread adoption of AI in finance…</li><li><strong>New Data: AI-Driven Security Threats and Merchant Defenses Evolve in Tandem</strong> — Merchants are aggressively countering the surge in 'friendly fraud' chargebacks we've been tracking, with a new study…</li><li><strong>SARB Considers Mandating Low-Cost P2P Transfers to Drive PayShap Adoption</strong> — Following its decision to prioritize PayShap over a retail CBDC, the South African Reserve Bank (SARB) is now…</li><li><strong>Nigeria's CBN Targets $1 Billion in Monthly Diaspora Inflows, Focuses on Economic Lending</strong> — The Central Bank of Nigeria (CBN) is adding operational teeth to its target of reaching $1 billion in monthly diaspora…</li><li><strong>Coinbase Business Enables All Clients to Accept Payments from AI Agents via x402 Protocol</strong> — The infrastructure for 'agentic commerce' continues to institutionalize: Coinbase Business announced Thursday it is…</li><li><strong>Nigeria Mandates E-Invoicing for Medium-Sized Businesses, Expanding Digital Tax System</strong> — Nigeria is expanding its national e-invoicing system, with the Nigeria Revenue Service (NRS) now making onboarding…</li><li><strong>Report: East Africa's Fintech Fraud Rate is 66% Above Global Average, Driven by AI</strong> — Building on the 2.54% African fraud rate finding from Sumsub we noted recently, the firm's full Q1 2026 report reveals…</li><li><strong>Kenyan MPs Vote to Exempt Mobile Money Transfer Fees from 16% VAT</strong> — Closing a legislative push we've tracked over the past month, Kenyan Members of Parliament have officially voted to…</li><li><strong>Ordway Launches AI-Powered Solution to Automate B2B Payment Reconciliation</strong> — On Thursday, Ordway announced Ordway Payments, an AI-powered platform designed to eliminate reconciliation challenges…</li><li><strong>Sasfin Bank Officially Shuts Down as SARB Cancels License After Regulatory Breaches</strong> — The South African Reserve Bank (SARB) has officially canceled Sasfin's banking license, marking the end of a two-year…</li><li><strong>New Bill Grants Central Bank of Kenya Sweeping Powers Over Microfinance Sector</strong> — A new Microfinance Bill 2026 in Kenya, detailed on Thursday, grants the Central Bank of Kenya (CBK) extensive powers to…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:06 New Data: AI-Driven Security Threats and Merchant Defenses Evolve in Tandem<br/>01:42 SARB Considers Mandating Low-Cost P2P Transfers to Drive PayShap Adoption<br/>02:17 Nigeria's CBN Targets $1 Billion in Monthly Diaspora Inflows, Focuses on Econom…<br/>02:52 Coinbase Business Enables All Clients to Accept Payments from AI Agents via x40…<br/>03:25 Nigeria Mandates E-Invoicing for Medium-Sized Businesses, Expanding Digital Tax…<br/>03:57 Report: East Africa's Fintech Fraud Rate is 66% Above Global Average, Driven by…<br/>04:29 Kenyan MPs Vote to Exempt Mobile Money Transfer Fees from 16% VAT<br/>05:26 Sasfin Bank Officially Shuts Down as SARB Cancels License After Regulatory Brea…<br/>06:20 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-24/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-24/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-24.mp3" length="3355717" type="audio/mpeg"/>
      <pubDate>Fri, 24 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Central banks in Africa's largest economies are tightening their grip on payment infrastructure today. In Nigeria, the CBN is mandating e-invoicing for medium-sized businesses and demanding naira settlement for diaspora remittances, while S</itunes:subtitle>
      <itunes:summary>Central banks in Africa's largest economies are tightening their grip on payment infrastructure today. In Nigeria, the CBN is mandating e-invoicing for medium-sized businesses and demanding naira settlement for diaspora remittances, while South Africa's Reserve Bank contemplates forcing low-cost P2P transfers to rescue its sluggish PayShap network. On the security front, alarming new data from East Africa shows AI-driven fraud easily bypassing traditional biometric checks.

In this episode:
• IMF Warns AI Could Amplify Systemic Financial Risks, Calls for Stronger Central Bank Oversight
• New Data: AI-Driven Security Threats and Merchant Defenses Evolve in Tandem
• SARB Considers Mandating Low-Cost P2P Transfers to Drive PayShap Adoption
• Nigeria's CBN Targets $1 Billion in Monthly Diaspora Inflows, Focuses on Economic Lending
• Coinbase Business Enables All Clients to Accept Payments from AI Agents via x402 Protocol
• Nigeria Mandates E-Invoicing for Medium-Sized Businesses, Expanding Digital Tax System
• Report: East Africa's Fintech Fraud Rate is 66% Above Global Average, Driven by AI
• Kenyan MPs Vote to Exempt Mobile Money Transfer Fees from 16% VAT
• Ordway Launches AI-Powered Solution to Automate B2B Payment Reconciliation
• Sasfin Bank Officially Shuts Down as SARB Cancels License After Regulatory Breaches
• New Bill Grants Central Bank of Kenya Sweeping Powers Over Microfinance Sector

Chapters:
00:00 Intro
01:06 New Data: AI-Driven Security Threats and Merchant Defenses Evolve in Tandem
01:42 SARB Considers Mandating Low-Cost P2P Transfers to Drive PayShap Adoption
02:17 Nigeria's CBN Targets $1 Billion in Monthly Diaspora Inflows, Focuses on Econom…
02:52 Coinbase Business Enables All Clients to Accept Payments from AI Agents via x40…
03:25 Nigeria Mandates E-Invoicing for Medium-Sized Businesses, Expanding Digital Tax…
03:57 Report: East Africa's Fintech Fraud Rate is 66% Above Global Average, Driven by…
04:29 Kenyan MPs Vote to Exempt Mobile Money Transfer Fees from 16% VAT
05:26 Sasfin Bank Officially Shuts Down as SARB Cancels License After Regulatory Brea…
06:20 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-24/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>22</itunes:episode>
      <itunes:title>Jul 24: IMF Warns AI Could Amplify Systemic Financial Risks, Calls for Stronger Central Bank Ov…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 23: Kenyan Banks Slash PesaLink Fees in Direct Challenge to M-Pesa's Dominance</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-23/</link>
      <description>A coordinated bloc of Kenyan banks has just launched the most direct assault on M-Pesa's domestic dominance yet, aggressively slashing fees on the PesaLink network. Elsewhere, Nigeria is moving to formalize its crypto oversight with a new Virtual Asset Council, and a major Angolan bank is linking directly into China's yuan settlement network.

In this episode:
• Kenyan Banks Slash PesaLink Fees in Direct Challenge to M-Pesa's Dominance
• Nigeria Formalizes Crypto Oversight with New Virtual Asset Council
• Angola's Largest Private Bank to Join China's CIPS Network, Boosting Yuan Settlement in Africa
• OPay Details AI-Powered Fraud Defenses for Nigerian Market
• Visa Rolls Out AI Tools to Automate and Preempt Credit Card Charge Disputes
• Report: Nigeria, South Africa Lead Global Adoption of Stablecoins for Utility Use
• Ripple Takes Equity Stake in Flutterwave, Will Integrate Stablecoin for Cross-Border Payments
• CBN Extends Deadline for PoS Geo-Fencing Compliance to August 1
• Safaricom Masks M-Pesa Sender Phone Numbers to Enhance User Privacy
• Pepkor to Merge Flash and Shop2Shop, Creating R21.3 Billion Fintech for SA's Informal Market
• Djibouti Introduces Remittance Tax and Digital Platform to Supervise Outbound Transfers

Chapters:
00:00 Intro
01:09 Nigeria Formalizes Crypto Oversight with New Virtual Asset Council
01:52 Angola's Largest Private Bank to Join China's CIPS Network, Boosting Yuan Settl…
02:32 OPay Details AI-Powered Fraud Defenses for Nigerian Market
03:11 Visa Rolls Out AI Tools to Automate and Preempt Credit Card Charge Disputes
03:48 Report: Nigeria, South Africa Lead Global Adoption of Stablecoins for Utility U…
04:24 Ripple Takes Equity Stake in Flutterwave, Will Integrate Stablecoin for Cross-B…
05:03 CBN Extends Deadline for PoS Geo-Fencing Compliance to August 1
05:37 Safaricom Masks M-Pesa Sender Phone Numbers to Enhance User Privacy
06:09 Pepkor to Merge Flash and Shop2Shop, Creating R21.3 Billion Fintech for SA's In…
06:45 Djibouti Introduces Remittance Tax and Digital Platform to Supervise Outbound T…
07:18 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-23/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>A coordinated bloc of Kenyan banks has just launched the most direct assault on M-Pesa's domestic dominance yet, aggressively slashing fees on the PesaLink network. Elsewhere, Nigeria is moving to formalize its crypto oversight with a new Virtual Asset Council, and a major Angolan bank is linking directly into China's yuan settlement network.</p><h3>In this episode</h3><ul><li><strong>Kenyan Banks Slash PesaLink Fees in Direct Challenge to M-Pesa's Dominance</strong> — Nineteen Kenyan banks and microfinance institutions have officially implemented the steep fee cuts to the PesaLink…</li><li><strong>Nigeria Formalizes Crypto Oversight with New Virtual Asset Council</strong> — Following up on the executive order signed on July 17, Nigeria is officially establishing its first coordinated…</li><li><strong>Angola's Largest Private Bank to Join China's CIPS Network, Boosting Yuan Settlement in Africa</strong> — Angola's Banco de Fomento Angola (BFA) announced on Wednesday it plans to become the first bank in the country to join…</li><li><strong>OPay Details AI-Powered Fraud Defenses for Nigerian Market</strong> — At a media event on Wednesday, Nigerian fintech giant OPay detailed its multi-layered, AI-powered security architecture…</li><li><strong>Visa Rolls Out AI Tools to Automate and Preempt Credit Card Charge Disputes</strong> — Visa on Thursday announced a new suite of AI-powered tools aimed at streamlining the credit card dispute process, which…</li><li><strong>Report: Nigeria, South Africa Lead Global Adoption of Stablecoins for Utility Use</strong> — A new report from BVNK and YouGov reveals that businesses and individuals in Nigeria and South Africa are leading the…</li><li><strong>Ripple Takes Equity Stake in Flutterwave, Will Integrate Stablecoin for Cross-Border Payments</strong> — Ripple has acquired an equity stake in African payments giant Flutterwave, valuing the company at $3.3 billion.</li><li><strong>CBN Extends Deadline for PoS Geo-Fencing Compliance to August 1</strong> — The Central Bank of Nigeria (CBN) announced on Wednesday it has extended the deadline for financial institutions and…</li><li><strong>Safaricom Masks M-Pesa Sender Phone Numbers to Enhance User Privacy</strong> — Safaricom on Wednesday rolled out a new privacy feature for M-Pesa that masks the sender's full phone number in…</li><li><strong>Pepkor to Merge Flash and Shop2Shop, Creating R21.3 Billion Fintech for SA's Informal Market</strong> — Pepkor Holdings announced on Wednesday it is merging its fintech subsidiary Flash with competitor Shop2Shop to form a…</li><li><strong>Djibouti Introduces Remittance Tax and Digital Platform to Supervise Outbound Transfers</strong> — In a tax law update highlighted Wednesday, Djibouti has introduced a new remittance tax and a digital supervision…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:09 Nigeria Formalizes Crypto Oversight with New Virtual Asset Council<br/>01:52 Angola's Largest Private Bank to Join China's CIPS Network, Boosting Yuan Settl…<br/>02:32 OPay Details AI-Powered Fraud Defenses for Nigerian Market<br/>03:11 Visa Rolls Out AI Tools to Automate and Preempt Credit Card Charge Disputes<br/>03:48 Report: Nigeria, South Africa Lead Global Adoption of Stablecoins for Utility U…<br/>04:24 Ripple Takes Equity Stake in Flutterwave, Will Integrate Stablecoin for Cross-B…<br/>05:03 CBN Extends Deadline for PoS Geo-Fencing Compliance to August 1<br/>05:37 Safaricom Masks M-Pesa Sender Phone Numbers to Enhance User Privacy<br/>06:09 Pepkor to Merge Flash and Shop2Shop, Creating R21.3 Billion Fintech for SA's In…<br/>06:45 Djibouti Introduces Remittance Tax and Digital Platform to Supervise Outbound T…<br/>07:18 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-23/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-23/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-23.mp3" length="3802095" type="audio/mpeg"/>
      <pubDate>Thu, 23 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>A coordinated bloc of Kenyan banks has just launched the most direct assault on M-Pesa's domestic dominance yet, aggressively slashing fees on the PesaLink network. Elsewhere, Nigeria is moving to formalize its crypto oversight with a new V</itunes:subtitle>
      <itunes:summary>A coordinated bloc of Kenyan banks has just launched the most direct assault on M-Pesa's domestic dominance yet, aggressively slashing fees on the PesaLink network. Elsewhere, Nigeria is moving to formalize its crypto oversight with a new Virtual Asset Council, and a major Angolan bank is linking directly into China's yuan settlement network.

In this episode:
• Kenyan Banks Slash PesaLink Fees in Direct Challenge to M-Pesa's Dominance
• Nigeria Formalizes Crypto Oversight with New Virtual Asset Council
• Angola's Largest Private Bank to Join China's CIPS Network, Boosting Yuan Settlement in Africa
• OPay Details AI-Powered Fraud Defenses for Nigerian Market
• Visa Rolls Out AI Tools to Automate and Preempt Credit Card Charge Disputes
• Report: Nigeria, South Africa Lead Global Adoption of Stablecoins for Utility Use
• Ripple Takes Equity Stake in Flutterwave, Will Integrate Stablecoin for Cross-Border Payments
• CBN Extends Deadline for PoS Geo-Fencing Compliance to August 1
• Safaricom Masks M-Pesa Sender Phone Numbers to Enhance User Privacy
• Pepkor to Merge Flash and Shop2Shop, Creating R21.3 Billion Fintech for SA's Informal Market
• Djibouti Introduces Remittance Tax and Digital Platform to Supervise Outbound Transfers

Chapters:
00:00 Intro
01:09 Nigeria Formalizes Crypto Oversight with New Virtual Asset Council
01:52 Angola's Largest Private Bank to Join China's CIPS Network, Boosting Yuan Settl…
02:32 OPay Details AI-Powered Fraud Defenses for Nigerian Market
03:11 Visa Rolls Out AI Tools to Automate and Preempt Credit Card Charge Disputes
03:48 Report: Nigeria, South Africa Lead Global Adoption of Stablecoins for Utility U…
04:24 Ripple Takes Equity Stake in Flutterwave, Will Integrate Stablecoin for Cross-B…
05:03 CBN Extends Deadline for PoS Geo-Fencing Compliance to August 1
05:37 Safaricom Masks M-Pesa Sender Phone Numbers to Enhance User Privacy
06:09 Pepkor to Merge Flash and Shop2Shop, Creating R21.3 Billion Fintech for SA's In…
06:45 Djibouti Introduces Remittance Tax and Digital Platform to Supervise Outbound T…
07:18 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-23/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>21</itunes:episode>
      <itunes:title>Jul 23: Kenyan Banks Slash PesaLink Fees in Direct Challenge to M-Pesa's Dominance</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 22: CBN Governor Touts $1B+ Daily FX Turnover as Nigeria Holds Interest Rate at 26.5%</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-22/</link>
      <description>Today on The Settlement Layer, structural upgrades are advancing across multiple The Settlement Layer financial hubs. In Nigeria, the central bank's Monetary Policy Committee is holding rates steady against a backdrop of surging daily FX turnover, while South Africa's tax authority is launching a proactive program to bring certainty to transfer pricing. Meanwhile, the infrastructure for cross-border money movement continues to mature, as stablecoins gain institutional traction for diaspora remittances and regional central banks deepen their commitment to the PAPSS network.

In this episode:
• CBN Governor Touts $1B+ Daily FX Turnover as Nigeria Holds Interest Rate at 26.5%
• African Banks Ramp Up AI Investment, But a Third Fail to Measure ROI Amid Legacy System Drag
• SARS Launches Pilot Program for Advance Pricing Agreements, Offering Certainty on Transfer Pricing
• Institutional Fraud Crisis Plagues Nigerian Fintech as Insiders Exploit Systemic Weaknesses
• E-commerce Veteran Predicts PayShap Will Revolutionize South African Payments
• LemFi Partners with BVNK to Rebuild Diaspora Remittance Rails on Stablecoin Settlement
• Nigeria's $40B Blockchain Ambition Stalls as Government Focuses on Crypto Regulation
• Busha Business Partners with Tether to Expand Licensed Stablecoin Infrastructure for African Merchants
• Report: Building a Fraud-Proof Payment Stack in 2026 Requires Layered AI Solutions
• Kenyan Banks Cut PesaLink Fees, Intensifying Competition with M-Pesa
• West African Central Bank to Pilot PAPSS with Over 80 Banks
• Ethiopia Developing Regulatory Sandbox for Cross-Border Payments

Chapters:
00:00 Intro
01:03 African Banks Ramp Up AI Investment, But a Third Fail to Measure ROI Amid Legac…
01:46 SARS Launches Pilot Program for Advance Pricing Agreements, Offering Certainty…
02:23 Institutional Fraud Crisis Plagues Nigerian Fintech as Insiders Exploit Systemi…
03:05 E-commerce Veteran Predicts PayShap Will Revolutionize South African Payments
03:41 LemFi Partners with BVNK to Rebuild Diaspora Remittance Rails on Stablecoin Set…
04:18 Nigeria's $40B Blockchain Ambition Stalls as Government Focuses on Crypto Regul…
04:55 Busha Business Partners with Tether to Expand Licensed Stablecoin Infrastructur…
05:29 Report: Building a Fraud-Proof Payment Stack in 2026 Requires Layered AI Soluti…
06:05 Kenyan Banks Cut PesaLink Fees, Intensifying Competition with M-Pesa
06:39 West African Central Bank to Pilot PAPSS with Over 80 Banks
07:11 Ethiopia Developing Regulatory Sandbox for Cross-Border Payments
07:44 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-22/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer, structural upgrades are advancing across multiple The Settlement Layer financial hubs. In Nigeria, the central bank's Monetary Policy Committee is holding rates steady against a backdrop of surging daily FX turnover, while South Africa's tax authority is launching a proactive program to bring certainty to transfer pricing. Meanwhile, the infrastructure for cross-border money movement continues to mature, as stablecoins gain institutional traction for diaspora remittances and regional central banks deepen their commitment to the PAPSS network.</p><h3>In this episode</h3><ul><li><strong>CBN Governor Touts $1B+ Daily FX Turnover as Nigeria Holds Interest Rate at 26.5%</strong> — Following the convergence of Nigeria's official and parallel foreign exchange rates we noted earlier this week, the…</li><li><strong>African Banks Ramp Up AI Investment, But a Third Fail to Measure ROI Amid Legacy System Drag</strong> — A new report from African Banker magazine and Backbase, surveying 277 banking executives across 37 countries, reveals…</li><li><strong>SARS Launches Pilot Program for Advance Pricing Agreements, Offering Certainty on Transfer Pricing</strong> — The South African Revenue Service (SARS) has officially launched its Advance Pricing Agreement (APA) programme, with a…</li><li><strong>Institutional Fraud Crisis Plagues Nigerian Fintech as Insiders Exploit Systemic Weaknesses</strong> — Nigeria's fintech sector is battling a wave of sophisticated institutional fraud, driven by networks of rogue employees…</li><li><strong>E-commerce Veteran Predicts PayShap Will Revolutionize South African Payments</strong> — Building on the South African Reserve Bank's recent decision to prioritize PayShap over a retail digital rand…</li><li><strong>LemFi Partners with BVNK to Rebuild Diaspora Remittance Rails on Stablecoin Settlement</strong> — LemFi, a financial platform for diaspora communities, is partnering with crypto infrastructure provider BVNK to shift…</li><li><strong>Nigeria's $40B Blockchain Ambition Stalls as Government Focuses on Crypto Regulation</strong> — Three years after Nigeria launched a national blockchain policy aiming to generate $40 billion in economic value, the…</li><li><strong>Busha Business Partners with Tether to Expand Licensed Stablecoin Infrastructure for African Merchants</strong> — Detailing the Busha Business and Tether partnership we noted yesterday, the Nigerian crypto platform's B2B arm…</li><li><strong>Report: Building a Fraud-Proof Payment Stack in 2026 Requires Layered AI Solutions</strong> — With AI-assisted fraud growing, a Tuesday report outlines a modern, layered fraud prevention architecture for…</li><li><strong>Kenyan Banks Cut PesaLink Fees, Intensifying Competition with M-Pesa</strong> — At least 19 Kenyan banks and microfinance institutions are now offering sharply discounted fees on the PesaLink…</li><li><strong>West African Central Bank to Pilot PAPSS with Over 80 Banks</strong> — Adding to the momentum from the Central Bank of Kenya's formal endorsement of the Pan-African Payment and Settlement…</li><li><strong>Ethiopia Developing Regulatory Sandbox for Cross-Border Payments</strong> — The National Bank of Ethiopia (NBE) is developing a regulatory sandbox for fintech firms to test cross-border online…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:03 African Banks Ramp Up AI Investment, But a Third Fail to Measure ROI Amid Legac…<br/>01:46 SARS Launches Pilot Program for Advance Pricing Agreements, Offering Certainty…<br/>02:23 Institutional Fraud Crisis Plagues Nigerian Fintech as Insiders Exploit Systemi…<br/>03:05 E-commerce Veteran Predicts PayShap Will Revolutionize South African Payments<br/>03:41 LemFi Partners with BVNK to Rebuild Diaspora Remittance Rails on Stablecoin Set…<br/>04:18 Nigeria's $40B Blockchain Ambition Stalls as Government Focuses on Crypto Regul…<br/>04:55 Busha Business Partners with Tether to Expand Licensed Stablecoin Infrastructur…<br/>05:29 Report: Building a Fraud-Proof Payment Stack in 2026 Requires Layered AI Soluti…<br/>06:05 Kenyan Banks Cut PesaLink Fees, Intensifying Competition with M-Pesa<br/>06:39 West African Central Bank to Pilot PAPSS with Over 80 Banks<br/>07:11 Ethiopia Developing Regulatory Sandbox for Cross-Border Payments<br/>07:44 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-22/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-22/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-22.mp3" length="4041251" type="audio/mpeg"/>
      <pubDate>Wed, 22 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer, structural upgrades are advancing across multiple The Settlement Layer financial hubs. In Nigeria, the central bank's Monetary Policy Committee is holding rates steady against a backdrop of surging daily FX tu</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer, structural upgrades are advancing across multiple The Settlement Layer financial hubs. In Nigeria, the central bank's Monetary Policy Committee is holding rates steady against a backdrop of surging daily FX turnover, while South Africa's tax authority is launching a proactive program to bring certainty to transfer pricing. Meanwhile, the infrastructure for cross-border money movement continues to mature, as stablecoins gain institutional traction for diaspora remittances and regional central banks deepen their commitment to the PAPSS network.

In this episode:
• CBN Governor Touts $1B+ Daily FX Turnover as Nigeria Holds Interest Rate at 26.5%
• African Banks Ramp Up AI Investment, But a Third Fail to Measure ROI Amid Legacy System Drag
• SARS Launches Pilot Program for Advance Pricing Agreements, Offering Certainty on Transfer Pricing
• Institutional Fraud Crisis Plagues Nigerian Fintech as Insiders Exploit Systemic Weaknesses
• E-commerce Veteran Predicts PayShap Will Revolutionize South African Payments
• LemFi Partners with BVNK to Rebuild Diaspora Remittance Rails on Stablecoin Settlement
• Nigeria's $40B Blockchain Ambition Stalls as Government Focuses on Crypto Regulation
• Busha Business Partners with Tether to Expand Licensed Stablecoin Infrastructure for African Merchants
• Report: Building a Fraud-Proof Payment Stack in 2026 Requires Layered AI Solutions
• Kenyan Banks Cut PesaLink Fees, Intensifying Competition with M-Pesa
• West African Central Bank to Pilot PAPSS with Over 80 Banks
• Ethiopia Developing Regulatory Sandbox for Cross-Border Payments

Chapters:
00:00 Intro
01:03 African Banks Ramp Up AI Investment, But a Third Fail to Measure ROI Amid Legac…
01:46 SARS Launches Pilot Program for Advance Pricing Agreements, Offering Certainty…
02:23 Institutional Fraud Crisis Plagues Nigerian Fintech as Insiders Exploit Systemi…
03:05 E-commerce Veteran Predicts PayShap Will Revolutionize South African Payments
03:41 LemFi Partners with BVNK to Rebuild Diaspora Remittance Rails on Stablecoin Set…
04:18 Nigeria's $40B Blockchain Ambition Stalls as Government Focuses on Crypto Regul…
04:55 Busha Business Partners with Tether to Expand Licensed Stablecoin Infrastructur…
05:29 Report: Building a Fraud-Proof Payment Stack in 2026 Requires Layered AI Soluti…
06:05 Kenyan Banks Cut PesaLink Fees, Intensifying Competition with M-Pesa
06:39 West African Central Bank to Pilot PAPSS with Over 80 Banks
07:11 Ethiopia Developing Regulatory Sandbox for Cross-Border Payments
07:44 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-22/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>20</itunes:episode>
      <itunes:title>Jul 22: CBN Governor Touts $1B+ Daily FX Turnover as Nigeria Holds Interest Rate at 26.5%</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 21: Nigeria Urged to Overhaul Cybercrime Strategy to Combat AI Threats and Deepfakes</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-21/</link>
      <description>Nigeria is tightening its grip on both ends of the digital transaction lifecycle today, pushing for a complete overhaul of its national cybercrime strategy while the SEC simultaneously aims for zero-fail T+1 settlement. Elsewhere on the continent, South Africa is weighing a massive national ID mandate for SIM cards to stem fraud, and Kenya's central bank has formally backed the PAPSS network for local currency trade.

In this episode:
• Nigeria Urged to Overhaul Cybercrime Strategy to Combat AI Threats and Deepfakes
• Digital Fraud and Regulatory Lag Increase Systemic Risk in South Africa
• Jumia CEO Calls for Payment Harmonization to Boost African Digital Trade
• Analyst Details Pillars of Africa's Next-Gen Financial Infrastructure: Connection, Data, and AI
• South Africa Considers Linking SIM Cards to National ID to Combat Digital Fraud
• Busha Business Partners With Tether for Stablecoin Settlement in Nigeria and Kenya
• Central Bank of Kenya Backs Pan-African Payment System (PAPSS) to Cut Trade Costs
• South Africa Faces Renewed FATF Greylisting Threat Over R84.6bn Illicit Economy
• Safaricom's M-PESA Chief to Depart Amid Executive Shake-up
• Virtual Cards Gain Traction in East Africa as Bridge to Global E-commerce
• Nigeria SEC Aims for T+1 Zero-Fail Settlement to Boost Investor Confidence

Chapters:
00:00 Intro
00:50 Digital Fraud and Regulatory Lag Increase Systemic Risk in South Africa
01:29 Jumia CEO Calls for Payment Harmonization to Boost African Digital Trade
02:05 Analyst Details Pillars of Africa's Next-Gen Financial Infrastructure: Connecti…
02:43 South Africa Considers Linking SIM Cards to National ID to Combat Digital Fraud
03:15 Busha Business Partners With Tether for Stablecoin Settlement in Nigeria and Ke…
03:48 Central Bank of Kenya Backs Pan-African Payment System (PAPSS) to Cut Trade Cos…
04:21 South Africa Faces Renewed FATF Greylisting Threat Over R84.6bn Illicit Economy
04:53 Safaricom's M-PESA Chief to Depart Amid Executive Shake-up
05:27 Virtual Cards Gain Traction in East Africa as Bridge to Global E-commerce
05:58 Nigeria SEC Aims for T+1 Zero-Fail Settlement to Boost Investor Confidence
06:30 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-21/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Nigeria is tightening its grip on both ends of the digital transaction lifecycle today, pushing for a complete overhaul of its national cybercrime strategy while the SEC simultaneously aims for zero-fail T+1 settlement. Elsewhere on the continent, South Africa is weighing a massive national ID mandate for SIM cards to stem fraud, and Kenya's central bank has formally backed the PAPSS network for local currency trade.</p><h3>In this episode</h3><ul><li><strong>Nigeria Urged to Overhaul Cybercrime Strategy to Combat AI Threats and Deepfakes</strong> — Justice sector leaders in Nigeria are calling for a structural overhaul of the country's cybercrime strategy to counter…</li><li><strong>Digital Fraud and Regulatory Lag Increase Systemic Risk in South Africa</strong> — The delayed fintech regulatory roadmap we've been tracking from South Africa's FSCA is now translating into quantified…</li><li><strong>Jumia CEO Calls for Payment Harmonization to Boost African Digital Trade</strong> — Speaking at the AfCFTA Digital Trade Forum 2026 on Monday, Jumia Nigeria CEO Temidayo Ojo called for harmonized payment…</li><li><strong>Analyst Details Pillars of Africa's Next-Gen Financial Infrastructure: Connection, Data, and AI</strong> — In an analysis published Monday, Winston Osuchukwu, CEO of Mathesis Analytics Inc., argued that Africa's financial…</li><li><strong>South Africa Considers Linking SIM Cards to National ID to Combat Digital Fraud</strong> — South Africa is planning a significant overhaul of its SIM card registration system (RICA), aiming to link every SIM to…</li><li><strong>Busha Business Partners With Tether for Stablecoin Settlement in Nigeria and Kenya</strong> — Busha Business, the B2B arm of Nigerian crypto exchange Busha, announced a partnership with Tether on Monday to…</li><li><strong>Central Bank of Kenya Backs Pan-African Payment System (PAPSS) to Cut Trade Costs</strong> — Following Afreximbank's recent campaign to overcome initial central bank resistance to the Pan-African Payment and…</li><li><strong>South Africa Faces Renewed FATF Greylisting Threat Over R84.6bn Illicit Economy</strong> — South Africa is facing a renewed threat of being greylisted by the Financial Action Task Force (FATF) due to its…</li><li><strong>Safaricom's M-PESA Chief to Depart Amid Executive Shake-up</strong> — Esther Waititu will resign as Safaricom's Chief Financial Services Officer on July 31, 2026, marking another…</li><li><strong>Virtual Cards Gain Traction in East Africa as Bridge to Global E-commerce</strong> — Virtual cards are increasingly being adopted in East Africa to connect the region's dominant mobile money ecosystems to…</li><li><strong>Nigeria SEC Aims for T+1 Zero-Fail Settlement to Boost Investor Confidence</strong> — Nigeria's Securities and Exchange Commission (SEC) is targeting a near-zero trade fail rate for its T+1 settlement…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:50 Digital Fraud and Regulatory Lag Increase Systemic Risk in South Africa<br/>01:29 Jumia CEO Calls for Payment Harmonization to Boost African Digital Trade<br/>02:05 Analyst Details Pillars of Africa's Next-Gen Financial Infrastructure: Connecti…<br/>02:43 South Africa Considers Linking SIM Cards to National ID to Combat Digital Fraud<br/>03:15 Busha Business Partners With Tether for Stablecoin Settlement in Nigeria and Ke…<br/>03:48 Central Bank of Kenya Backs Pan-African Payment System (PAPSS) to Cut Trade Cos…<br/>04:21 South Africa Faces Renewed FATF Greylisting Threat Over R84.6bn Illicit Economy<br/>04:53 Safaricom's M-PESA Chief to Depart Amid Executive Shake-up<br/>05:27 Virtual Cards Gain Traction in East Africa as Bridge to Global E-commerce<br/>05:58 Nigeria SEC Aims for T+1 Zero-Fail Settlement to Boost Investor Confidence<br/>06:30 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-21/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-21/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-21.mp3" length="3436592" type="audio/mpeg"/>
      <pubDate>Tue, 21 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Nigeria is tightening its grip on both ends of the digital transaction lifecycle today, pushing for a complete overhaul of its national cybercrime strategy while the SEC simultaneously aims for zero-fail T+1 settlement. Elsewhere on the con</itunes:subtitle>
      <itunes:summary>Nigeria is tightening its grip on both ends of the digital transaction lifecycle today, pushing for a complete overhaul of its national cybercrime strategy while the SEC simultaneously aims for zero-fail T+1 settlement. Elsewhere on the continent, South Africa is weighing a massive national ID mandate for SIM cards to stem fraud, and Kenya's central bank has formally backed the PAPSS network for local currency trade.

In this episode:
• Nigeria Urged to Overhaul Cybercrime Strategy to Combat AI Threats and Deepfakes
• Digital Fraud and Regulatory Lag Increase Systemic Risk in South Africa
• Jumia CEO Calls for Payment Harmonization to Boost African Digital Trade
• Analyst Details Pillars of Africa's Next-Gen Financial Infrastructure: Connection, Data, and AI
• South Africa Considers Linking SIM Cards to National ID to Combat Digital Fraud
• Busha Business Partners With Tether for Stablecoin Settlement in Nigeria and Kenya
• Central Bank of Kenya Backs Pan-African Payment System (PAPSS) to Cut Trade Costs
• South Africa Faces Renewed FATF Greylisting Threat Over R84.6bn Illicit Economy
• Safaricom's M-PESA Chief to Depart Amid Executive Shake-up
• Virtual Cards Gain Traction in East Africa as Bridge to Global E-commerce
• Nigeria SEC Aims for T+1 Zero-Fail Settlement to Boost Investor Confidence

Chapters:
00:00 Intro
00:50 Digital Fraud and Regulatory Lag Increase Systemic Risk in South Africa
01:29 Jumia CEO Calls for Payment Harmonization to Boost African Digital Trade
02:05 Analyst Details Pillars of Africa's Next-Gen Financial Infrastructure: Connecti…
02:43 South Africa Considers Linking SIM Cards to National ID to Combat Digital Fraud
03:15 Busha Business Partners With Tether for Stablecoin Settlement in Nigeria and Ke…
03:48 Central Bank of Kenya Backs Pan-African Payment System (PAPSS) to Cut Trade Cos…
04:21 South Africa Faces Renewed FATF Greylisting Threat Over R84.6bn Illicit Economy
04:53 Safaricom's M-PESA Chief to Depart Amid Executive Shake-up
05:27 Virtual Cards Gain Traction in East Africa as Bridge to Global E-commerce
05:58 Nigeria SEC Aims for T+1 Zero-Fail Settlement to Boost Investor Confidence
06:30 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-21/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>19</itunes:episode>
      <itunes:title>Jul 21: Nigeria Urged to Overhaul Cybercrime Strategy to Combat AI Threats and Deepfakes</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 20: South African Banks Join Global Push for AI Agent Payments via Stablecoins</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-20/</link>
      <description>The plumbing for autonomous machine commerce is shifting from testnets to institutional adoption today, as South Africa's largest banks integrate with the x402 standard for AI-driven stablecoin payments. Elsewhere on the continent, the Central Bank of Nigeria's recent forex market reforms are showing tangible results, and a new open-source wallet framework aims to give software agents direct control over their own crypto balances.

In this episode:
• South African Banks Join Global Push for AI Agent Payments via Stablecoins
• AI-Powered Payment Middleware Using Stablecoins Aims to Automate B2B Cross-Border Trade
• Stablecoins Target $100T B2B Payments Market as Settlement Rail, S&amp;P Global Finds
• HSBC Joins Asian Working Group to Define Liability Rules for AI-Driven Payments
• Open-Source 'Wallet-as-a-Service for AI' Emerges to Give Agents Autonomous Economic Power
• Nigeria Sets July 31 Deadline for Large Companies to Adopt E-Invoicing
• Mastercard Partners With Yellow Card to Deploy Stablecoin Payments in Africa
• South Africa Sees 155% Surge in Digital Wallet Transaction Value
• M-Pesa Enhances Privacy with Masked Phone Numbers in P2P Transfers
• Nigeria's Official FX Market Strengthens as CBN Reforms Take Hold, Weakening Parallel Market
• Nigerian Banks May Need to Raise N1.7 Trillion More Under Tougher CBN Holdco Rules
• Ghana's SEC Greenlights 11 Crypto Companies for Regulatory Sandbox

Chapters:
00:00 Intro
00:56 AI-Powered Payment Middleware Using Stablecoins Aims to Automate B2B Cross-Bord…
01:30 Stablecoins Target $100T B2B Payments Market as Settlement Rail, S&amp;P Global Fin…
02:08 HSBC Joins Asian Working Group to Define Liability Rules for AI-Driven Payments
02:44 Open-Source 'Wallet-as-a-Service for AI' Emerges to Give Agents Autonomous Econ…
03:19 Nigeria Sets July 31 Deadline for Large Companies to Adopt E-Invoicing
03:54 Mastercard Partners With Yellow Card to Deploy Stablecoin Payments in Africa
04:24 South Africa Sees 155% Surge in Digital Wallet Transaction Value
04:55 M-Pesa Enhances Privacy with Masked Phone Numbers in P2P Transfers
05:27 Nigeria's Official FX Market Strengthens as CBN Reforms Take Hold, Weakening Pa…
06:22 Ghana's SEC Greenlights 11 Crypto Companies for Regulatory Sandbox
06:55 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-20/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>The plumbing for autonomous machine commerce is shifting from testnets to institutional adoption today, as South Africa's largest banks integrate with the x402 standard for AI-driven stablecoin payments. Elsewhere on the continent, the Central Bank of Nigeria's recent forex market reforms are showing tangible results, and a new open-source wallet framework aims to give software agents direct control over their own crypto balances.</p><h3>In this episode</h3><ul><li><strong>South African Banks Join Global Push for AI Agent Payments via Stablecoins</strong> — We've been tracking the emergence of agentic commerce standards like the x402 protocol and Stripe's MPP.</li><li><strong>AI-Powered Payment Middleware Using Stablecoins Aims to Automate B2B Cross-Border Trade</strong> — Stables, a Singapore-based startup, is developing AI-native payment middleware that uses stablecoins to bypass…</li><li><strong>Stablecoins Target $100T B2B Payments Market as Settlement Rail, S&amp;P Global Finds</strong> — A new S&amp;P Global Market Intelligence analysis concludes that stablecoins are emerging as a viable settlement rail for…</li><li><strong>HSBC Joins Asian Working Group to Define Liability Rules for AI-Driven Payments</strong> — The unresolved question of liability for AI-initiated transactions—which we noted recently in Visa's agentic commerce…</li><li><strong>Open-Source 'Wallet-as-a-Service for AI' Emerges to Give Agents Autonomous Economic Power</strong> — Adding to the wave of 'agentic commerce' tools we've tracked from Visa, Stripe, and Tempo, a new open-source project…</li><li><strong>Nigeria Sets July 31 Deadline for Large Companies to Adopt E-Invoicing</strong> — Nigeria's Revenue Service (NRS) has mandated that large taxpayer companies must comply with its national electronic…</li><li><strong>Mastercard Partners With Yellow Card to Deploy Stablecoin Payments in Africa</strong> — Mastercard has announced a strategic collaboration with crypto exchange Yellow Card to deploy stablecoin payment…</li><li><strong>South Africa Sees 155% Surge in Digital Wallet Transaction Value</strong> — South Africa is experiencing a massive shift in payment preferences, with the total transaction value of digital…</li><li><strong>M-Pesa Enhances Privacy with Masked Phone Numbers in P2P Transfers</strong> — Safaricom's M-Pesa has rolled out a new privacy feature that partially masks the sender's phone number and reduces the…</li><li><strong>Nigeria's Official FX Market Strengthens as CBN Reforms Take Hold, Weakening Parallel Market</strong> — The Central Bank of Nigeria's aggressive recent interventions—including the deployment of a real-time digital tracker…</li><li><strong>Nigerian Banks May Need to Raise N1.7 Trillion More Under Tougher CBN Holdco Rules</strong> — Following up on the CBN's proposed ring-fencing rules and 20% capital buffers for financial holding companies we noted…</li><li><strong>Ghana's SEC Greenlights 11 Crypto Companies for Regulatory Sandbox</strong> — Hot on the heels of Ghana's parliament passing the VASP Bill to legalize cryptocurrency services, the country's…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:56 AI-Powered Payment Middleware Using Stablecoins Aims to Automate B2B Cross-Bord…<br/>01:30 Stablecoins Target $100T B2B Payments Market as Settlement Rail, S&amp;P Global Fin…<br/>02:08 HSBC Joins Asian Working Group to Define Liability Rules for AI-Driven Payments<br/>02:44 Open-Source 'Wallet-as-a-Service for AI' Emerges to Give Agents Autonomous Econ…<br/>03:19 Nigeria Sets July 31 Deadline for Large Companies to Adopt E-Invoicing<br/>03:54 Mastercard Partners With Yellow Card to Deploy Stablecoin Payments in Africa<br/>04:24 South Africa Sees 155% Surge in Digital Wallet Transaction Value<br/>04:55 M-Pesa Enhances Privacy with Masked Phone Numbers in P2P Transfers<br/>05:27 Nigeria's Official FX Market Strengthens as CBN Reforms Take Hold, Weakening Pa…<br/>06:22 Ghana's SEC Greenlights 11 Crypto Companies for Regulatory Sandbox<br/>06:55 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-20/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-20/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-20.mp3" length="3861912" type="audio/mpeg"/>
      <pubDate>Mon, 20 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>The plumbing for autonomous machine commerce is shifting from testnets to institutional adoption today, as South Africa's largest banks integrate with the x402 standard for AI-driven stablecoin payments. Elsewhere on the continent, the Cent</itunes:subtitle>
      <itunes:summary>The plumbing for autonomous machine commerce is shifting from testnets to institutional adoption today, as South Africa's largest banks integrate with the x402 standard for AI-driven stablecoin payments. Elsewhere on the continent, the Central Bank of Nigeria's recent forex market reforms are showing tangible results, and a new open-source wallet framework aims to give software agents direct control over their own crypto balances.

In this episode:
• South African Banks Join Global Push for AI Agent Payments via Stablecoins
• AI-Powered Payment Middleware Using Stablecoins Aims to Automate B2B Cross-Border Trade
• Stablecoins Target $100T B2B Payments Market as Settlement Rail, S&amp;P Global Finds
• HSBC Joins Asian Working Group to Define Liability Rules for AI-Driven Payments
• Open-Source 'Wallet-as-a-Service for AI' Emerges to Give Agents Autonomous Economic Power
• Nigeria Sets July 31 Deadline for Large Companies to Adopt E-Invoicing
• Mastercard Partners With Yellow Card to Deploy Stablecoin Payments in Africa
• South Africa Sees 155% Surge in Digital Wallet Transaction Value
• M-Pesa Enhances Privacy with Masked Phone Numbers in P2P Transfers
• Nigeria's Official FX Market Strengthens as CBN Reforms Take Hold, Weakening Parallel Market
• Nigerian Banks May Need to Raise N1.7 Trillion More Under Tougher CBN Holdco Rules
• Ghana's SEC Greenlights 11 Crypto Companies for Regulatory Sandbox

Chapters:
00:00 Intro
00:56 AI-Powered Payment Middleware Using Stablecoins Aims to Automate B2B Cross-Bord…
01:30 Stablecoins Target $100T B2B Payments Market as Settlement Rail, S&amp;P Global Fin…
02:08 HSBC Joins Asian Working Group to Define Liability Rules for AI-Driven Payments
02:44 Open-Source 'Wallet-as-a-Service for AI' Emerges to Give Agents Autonomous Econ…
03:19 Nigeria Sets July 31 Deadline for Large Companies to Adopt E-Invoicing
03:54 Mastercard Partners With Yellow Card to Deploy Stablecoin Payments in Africa
04:24 South Africa Sees 155% Surge in Digital Wallet Transaction Value
04:55 M-Pesa Enhances Privacy with Masked Phone Numbers in P2P Transfers
05:27 Nigeria's Official FX Market Strengthens as CBN Reforms Take Hold, Weakening Pa…
06:22 Ghana's SEC Greenlights 11 Crypto Companies for Regulatory Sandbox
06:55 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-20/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>18</itunes:episode>
      <itunes:title>Jul 20: South African Banks Join Global Push for AI Agent Payments via Stablecoins</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 19: Spendin’ Expands to Francophone Africa with Instant XAF/XOF Stablecoin &amp; Fiat Payouts</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-19/</link>
      <description>Francophone Africa is opening up to instant stablecoin settlement as Spendin' rolls out its payment rails across four nations. Also on The Settlement Layer today: Standard Bank officially secures authorization to clear direct Yuan payments across 19 The Settlement Layer countries, and a Stripe-backed protocol makes its bid to become the standard for autonomous AI transactions.

In this episode:
• Spendin’ Expands to Francophone Africa with Instant XAF/XOF Stablecoin &amp; Fiat Payouts
• Stripe-Backed Tempo Launches Open Protocol for AI Agent Payments
• Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries
• AI-Powered Invoicing and Automation Gains Traction Among SMEs
• Kenyan SMEs Adopt Custom Software to Bridge M-Pesa and KRA Integration Gaps
• 'Friendly Fraud' Accounts for 86% of Chargebacks, New Analysis Shows
• South Africa's SARB Hikes Repo Rate to 7.0% to Curb Inflation
• Safaricom Clarifies M-Pesa GlobalPay and Paybill Dispute Processes
• Zakhaa Pay Launches NFC Wristband for Cashless Payments in South Africa's Informal Sector
• SARB Flags Risks from Unregulated Stablecoin Trading in South Africa
• Fraudsters Evolve from Simple Proxies to Full Identity Simulation Stacks
• Ghana Passes Bill to Legalize and Regulate Cryptocurrency Services

Chapters:
00:00 Intro
00:58 Stripe-Backed Tempo Launches Open Protocol for AI Agent Payments
01:34 Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries
02:07 AI-Powered Invoicing and Automation Gains Traction Among SMEs
02:37 Kenyan SMEs Adopt Custom Software to Bridge M-Pesa and KRA Integration Gaps
03:08 'Friendly Fraud' Accounts for 86% of Chargebacks, New Analysis Shows
04:08 Safaricom Clarifies M-Pesa GlobalPay and Paybill Dispute Processes
04:40 Zakhaa Pay Launches NFC Wristband for Cashless Payments in South Africa's Infor…
05:10 SARB Flags Risks from Unregulated Stablecoin Trading in South Africa
05:40 Fraudsters Evolve from Simple Proxies to Full Identity Simulation Stacks
06:11 Ghana Passes Bill to Legalize and Regulate Cryptocurrency Services

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-19/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Francophone Africa is opening up to instant stablecoin settlement as Spendin' rolls out its payment rails across four nations. Also on The Settlement Layer today: Standard Bank officially secures authorization to clear direct Yuan payments across 19 The Settlement Layer countries, and a Stripe-backed protocol makes its bid to become the standard for autonomous AI transactions.</p><h3>In this episode</h3><ul><li><strong>Spendin’ Expands to Francophone Africa with Instant XAF/XOF Stablecoin &amp; Fiat Payouts</strong> — Spendin', a fintech positioning itself as the 'Revolut of Africa,' announced on Sunday it has expanded its instant…</li><li><strong>Stripe-Backed Tempo Launches Open Protocol for AI Agent Payments</strong> — Adding to the wave of 'agentic commerce' infrastructure we've been tracking, Stripe-backed blockchain startup Tempo…</li><li><strong>Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries</strong> — The People's Bank of China (PBoC) has authorized Standard Bank to operate the Renminbi (RMB) Clearing Bank of Africa…</li><li><strong>AI-Powered Invoicing and Automation Gains Traction Among SMEs</strong> — An interview on Saturday with the founder of Pop A.I Automations, Pelumi Ololade Pelumi, highlights the increasing…</li><li><strong>Kenyan SMEs Adopt Custom Software to Bridge M-Pesa and KRA Integration Gaps</strong> — Small and medium-sized enterprises in Nairobi are increasingly commissioning custom software to overcome operational…</li><li><strong>'Friendly Fraud' Accounts for 86% of Chargebacks, New Analysis Shows</strong> — A new analysis published Sunday estimates that 'friendly fraud'—where legitimate customers dispute valid charges—now…</li><li><strong>South Africa's SARB Hikes Repo Rate to 7.0% to Curb Inflation</strong> — In an unexpected move, the South African Reserve Bank (SARB) hiked its repo rate by 25 basis points to 7.0%, reversing…</li><li><strong>Safaricom Clarifies M-Pesa GlobalPay and Paybill Dispute Processes</strong> — Safaricom issued clarifications this weekend regarding dispute resolution for its M-Pesa services.</li><li><strong>Zakhaa Pay Launches NFC Wristband for Cashless Payments in South Africa's Informal Sector</strong> — South African fintech Zakhaa Pay has launched the Leruo NFC Wristband, a wearable payment device targeting the…</li><li><strong>SARB Flags Risks from Unregulated Stablecoin Trading in South Africa</strong> — The South African Reserve Bank (SARB) has again voiced concerns over the risks from the country's lack of a…</li><li><strong>Fraudsters Evolve from Simple Proxies to Full Identity Simulation Stacks</strong> — The fraud arms race driving the industry's adoption of behavioral analytics continues to escalate.</li><li><strong>Ghana Passes Bill to Legalize and Regulate Cryptocurrency Services</strong> — Building on the sweeping Cyber and Information Security Directive introduced last week, Ghana's parliament has…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:58 Stripe-Backed Tempo Launches Open Protocol for AI Agent Payments<br/>01:34 Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries<br/>02:07 AI-Powered Invoicing and Automation Gains Traction Among SMEs<br/>02:37 Kenyan SMEs Adopt Custom Software to Bridge M-Pesa and KRA Integration Gaps<br/>03:08 'Friendly Fraud' Accounts for 86% of Chargebacks, New Analysis Shows<br/>04:08 Safaricom Clarifies M-Pesa GlobalPay and Paybill Dispute Processes<br/>04:40 Zakhaa Pay Launches NFC Wristband for Cashless Payments in South Africa's Infor…<br/>05:10 SARB Flags Risks from Unregulated Stablecoin Trading in South Africa<br/>05:40 Fraudsters Evolve from Simple Proxies to Full Identity Simulation Stacks<br/>06:11 Ghana Passes Bill to Legalize and Regulate Cryptocurrency Services</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-19/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-19/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-19.mp3" length="3512965" type="audio/mpeg"/>
      <pubDate>Sun, 19 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Francophone Africa is opening up to instant stablecoin settlement as Spendin' rolls out its payment rails across four nations. Also on The Settlement Layer today: Standard Bank officially secures authorization to clear direct Yuan payments </itunes:subtitle>
      <itunes:summary>Francophone Africa is opening up to instant stablecoin settlement as Spendin' rolls out its payment rails across four nations. Also on The Settlement Layer today: Standard Bank officially secures authorization to clear direct Yuan payments across 19 The Settlement Layer countries, and a Stripe-backed protocol makes its bid to become the standard for autonomous AI transactions.

In this episode:
• Spendin’ Expands to Francophone Africa with Instant XAF/XOF Stablecoin &amp; Fiat Payouts
• Stripe-Backed Tempo Launches Open Protocol for AI Agent Payments
• Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries
• AI-Powered Invoicing and Automation Gains Traction Among SMEs
• Kenyan SMEs Adopt Custom Software to Bridge M-Pesa and KRA Integration Gaps
• 'Friendly Fraud' Accounts for 86% of Chargebacks, New Analysis Shows
• South Africa's SARB Hikes Repo Rate to 7.0% to Curb Inflation
• Safaricom Clarifies M-Pesa GlobalPay and Paybill Dispute Processes
• Zakhaa Pay Launches NFC Wristband for Cashless Payments in South Africa's Informal Sector
• SARB Flags Risks from Unregulated Stablecoin Trading in South Africa
• Fraudsters Evolve from Simple Proxies to Full Identity Simulation Stacks
• Ghana Passes Bill to Legalize and Regulate Cryptocurrency Services

Chapters:
00:00 Intro
00:58 Stripe-Backed Tempo Launches Open Protocol for AI Agent Payments
01:34 Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries
02:07 AI-Powered Invoicing and Automation Gains Traction Among SMEs
02:37 Kenyan SMEs Adopt Custom Software to Bridge M-Pesa and KRA Integration Gaps
03:08 'Friendly Fraud' Accounts for 86% of Chargebacks, New Analysis Shows
04:08 Safaricom Clarifies M-Pesa GlobalPay and Paybill Dispute Processes
04:40 Zakhaa Pay Launches NFC Wristband for Cashless Payments in South Africa's Infor…
05:10 SARB Flags Risks from Unregulated Stablecoin Trading in South Africa
05:40 Fraudsters Evolve from Simple Proxies to Full Identity Simulation Stacks
06:11 Ghana Passes Bill to Legalize and Regulate Cryptocurrency Services

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-19/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>17</itunes:episode>
      <itunes:title>Jul 19: Spendin’ Expands to Francophone Africa with Instant XAF/XOF Stablecoin &amp; Fiat Payouts</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 18: Nigeria's CBN Deploys Digital Tracker and Tightens Rules for Retail Forex Market</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-18/</link>
      <description>Today on The Settlement Layer, regulatory momentum is driving the agenda across all three of Africa's primary financial hubs. Nigeria's Central Bank is following up its recent BDC digital tracker rollout with a new executive council to harmonize crypto oversight. In Ghana, a sweeping new digital finance framework extends the central bank's reach into AI and cloud infrastructure, while South Africa's Prudential Authority puts the banking sector's AI deployments under active supervision. Plus, the ongoing arms race against AI-driven fraud forces a pivot to behavioral analytics.

In this episode:
• Nigeria's CBN Deploys Digital Tracker and Tightens Rules for Retail Forex Market
• Nigeria Establishes CBN-Led Council to Harmonize Virtual Asset Regulation
• Ghana Rolls Out Sweeping Digital Finance Regulations Covering AI, Crypto, and Cloud Security
• South Africa's Prudential Authority Tightens Scrutiny on AI in Banking
• Survey: 70% of African Finance Professionals See Fraud Risk Rising with Digital Payment Growth
• Visa Unveils Acquirer Monitoring Program (VAMP) Consolidating Fraud and Dispute Tracking
• AI-Driven Fraud Pushes Financial Firms Towards Behavioral Analytics and Unified Platforms
• Paystack Deepens Pesalink Integration to Enable Direct Bank Transfers at Checkout in Kenya
• SARS Centralizes Tax Residency Status, Clarifying Emigration Rules
• AWS Billing Console Glitch Displays Erroneous Multi-Billion Dollar Charges
• Safaricom and Visa Report M-Pesa GlobalPay Virtual Card Hits 316,000 Users
• Failed Government Bond Auction Signals Weak Demand for South African Debt

Chapters:
00:00 Intro
00:52 Nigeria Establishes CBN-Led Council to Harmonize Virtual Asset Regulation
01:27 Ghana Rolls Out Sweeping Digital Finance Regulations Covering AI, Crypto, and C…
02:06 South Africa's Prudential Authority Tightens Scrutiny on AI in Banking
02:43 Survey: 70% of African Finance Professionals See Fraud Risk Rising with Digital…
03:17 Visa Unveils Acquirer Monitoring Program (VAMP) Consolidating Fraud and Dispute…
03:50 AI-Driven Fraud Pushes Financial Firms Towards Behavioral Analytics and Unified…
04:29 Paystack Deepens Pesalink Integration to Enable Direct Bank Transfers at Checko…
05:01 SARS Centralizes Tax Residency Status, Clarifying Emigration Rules
05:31 AWS Billing Console Glitch Displays Erroneous Multi-Billion Dollar Charges
06:30 Failed Government Bond Auction Signals Weak Demand for South African Debt

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-18/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer, regulatory momentum is driving the agenda across all three of Africa's primary financial hubs. Nigeria's Central Bank is following up its recent BDC digital tracker rollout with a new executive council to harmonize crypto oversight. In Ghana, a sweeping new digital finance framework extends the central bank's reach into AI and cloud infrastructure, while South Africa's Prudential Authority puts the banking sector's AI deployments under active supervision. Plus, the ongoing arms race against AI-driven fraud forces a pivot to behavioral analytics.</p><h3>In this episode</h3><ul><li><strong>Nigeria's CBN Deploys Digital Tracker and Tightens Rules for Retail Forex Market</strong> — As part of the broader retail forex framework we tracked earlier this week—which launched the FX BDC Purchase Tracker…</li><li><strong>Nigeria Establishes CBN-Led Council to Harmonize Virtual Asset Regulation</strong> — On Friday, Nigerian President Bola Tinubu signed an executive order creating the country's first coordinated regulatory…</li><li><strong>Ghana Rolls Out Sweeping Digital Finance Regulations Covering AI, Crypto, and Cloud Security</strong> — Following up on the Bank of Ghana's recent revocation of Zeepay's e-money license and the finalization of digital asset…</li><li><strong>South Africa's Prudential Authority Tightens Scrutiny on AI in Banking</strong> — South Africa's Prudential Authority (PA) is increasing its supervision of technology risks in the banking sector, with…</li><li><strong>Survey: 70% of African Finance Professionals See Fraud Risk Rising with Digital Payment Growth</strong> — A new survey by ITWeb and ACI Worldwide published Saturday reveals that 70% of African respondents believe fraud risk…</li><li><strong>Visa Unveils Acquirer Monitoring Program (VAMP) Consolidating Fraud and Dispute Tracking</strong> — Visa is replacing its various fraud and dispute monitoring programs with a single global framework called the Visa…</li><li><strong>AI-Driven Fraud Pushes Financial Firms Towards Behavioral Analytics and Unified Platforms</strong> — In response to the escalating AI-driven fraud arms race we've been tracking—which has increasingly overwhelmed…</li><li><strong>Paystack Deepens Pesalink Integration to Enable Direct Bank Transfers at Checkout in Kenya</strong> — Adding crucial detail to Paystack's integration with Pesalink that we noted yesterday: the newly enabled direct…</li><li><strong>SARS Centralizes Tax Residency Status, Clarifying Emigration Rules</strong> — South Africa's tax authority, SARS, has streamlined the process for declaring non-residency for tax purposes, becoming…</li><li><strong>AWS Billing Console Glitch Displays Erroneous Multi-Billion Dollar Charges</strong> — On Thursday, AWS's Billing and Cost Management Console began displaying wildly inaccurate projected costs for customers…</li><li><strong>Safaricom and Visa Report M-Pesa GlobalPay Virtual Card Hits 316,000 Users</strong> — Safaricom and Visa announced Friday that their M-Pesa GlobalPay Virtual Card now has over 316,000 active users.</li><li><strong>Failed Government Bond Auction Signals Weak Demand for South African Debt</strong> — South Africa's government failed to sell any inflation-linked bonds at its weekly auction on Friday, receiving no bids…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:52 Nigeria Establishes CBN-Led Council to Harmonize Virtual Asset Regulation<br/>01:27 Ghana Rolls Out Sweeping Digital Finance Regulations Covering AI, Crypto, and C…<br/>02:06 South Africa's Prudential Authority Tightens Scrutiny on AI in Banking<br/>02:43 Survey: 70% of African Finance Professionals See Fraud Risk Rising with Digital…<br/>03:17 Visa Unveils Acquirer Monitoring Program (VAMP) Consolidating Fraud and Dispute…<br/>03:50 AI-Driven Fraud Pushes Financial Firms Towards Behavioral Analytics and Unified…<br/>04:29 Paystack Deepens Pesalink Integration to Enable Direct Bank Transfers at Checko…<br/>05:01 SARS Centralizes Tax Residency Status, Clarifying Emigration Rules<br/>05:31 AWS Billing Console Glitch Displays Erroneous Multi-Billion Dollar Charges<br/>06:30 Failed Government Bond Auction Signals Weak Demand for South African Debt</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-18/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-18/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-18.mp3" length="3500621" type="audio/mpeg"/>
      <pubDate>Sat, 18 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer, regulatory momentum is driving the agenda across all three of Africa's primary financial hubs. Nigeria's Central Bank is following up its recent BDC digital tracker rollout with a new executive council to harm</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer, regulatory momentum is driving the agenda across all three of Africa's primary financial hubs. Nigeria's Central Bank is following up its recent BDC digital tracker rollout with a new executive council to harmonize crypto oversight. In Ghana, a sweeping new digital finance framework extends the central bank's reach into AI and cloud infrastructure, while South Africa's Prudential Authority puts the banking sector's AI deployments under active supervision. Plus, the ongoing arms race against AI-driven fraud forces a pivot to behavioral analytics.

In this episode:
• Nigeria's CBN Deploys Digital Tracker and Tightens Rules for Retail Forex Market
• Nigeria Establishes CBN-Led Council to Harmonize Virtual Asset Regulation
• Ghana Rolls Out Sweeping Digital Finance Regulations Covering AI, Crypto, and Cloud Security
• South Africa's Prudential Authority Tightens Scrutiny on AI in Banking
• Survey: 70% of African Finance Professionals See Fraud Risk Rising with Digital Payment Growth
• Visa Unveils Acquirer Monitoring Program (VAMP) Consolidating Fraud and Dispute Tracking
• AI-Driven Fraud Pushes Financial Firms Towards Behavioral Analytics and Unified Platforms
• Paystack Deepens Pesalink Integration to Enable Direct Bank Transfers at Checkout in Kenya
• SARS Centralizes Tax Residency Status, Clarifying Emigration Rules
• AWS Billing Console Glitch Displays Erroneous Multi-Billion Dollar Charges
• Safaricom and Visa Report M-Pesa GlobalPay Virtual Card Hits 316,000 Users
• Failed Government Bond Auction Signals Weak Demand for South African Debt

Chapters:
00:00 Intro
00:52 Nigeria Establishes CBN-Led Council to Harmonize Virtual Asset Regulation
01:27 Ghana Rolls Out Sweeping Digital Finance Regulations Covering AI, Crypto, and C…
02:06 South Africa's Prudential Authority Tightens Scrutiny on AI in Banking
02:43 Survey: 70% of African Finance Professionals See Fraud Risk Rising with Digital…
03:17 Visa Unveils Acquirer Monitoring Program (VAMP) Consolidating Fraud and Dispute…
03:50 AI-Driven Fraud Pushes Financial Firms Towards Behavioral Analytics and Unified…
04:29 Paystack Deepens Pesalink Integration to Enable Direct Bank Transfers at Checko…
05:01 SARS Centralizes Tax Residency Status, Clarifying Emigration Rules
05:31 AWS Billing Console Glitch Displays Erroneous Multi-Billion Dollar Charges
06:30 Failed Government Bond Auction Signals Weak Demand for South African Debt

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-18/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>16</itunes:episode>
      <itunes:title>Jul 18: Nigeria's CBN Deploys Digital Tracker and Tightens Rules for Retail Forex Market</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 17: Nigeria's Central Bank Launches Real-Time FX Tracker for BDCs, Mandates 24-Hour Resale…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-17/</link>
      <description>Today on The Settlement Layer: The Central Bank of Nigeria is making a major play to sanitize the country's retail forex market, mandating a real-time digital tracker for all Bureau De Change transactions. In tandem, Ghana and Tanzania are formalizing new regulatory frameworks for digital assets, while a new strategy report from Visa maps out why AI-driven commerce will force a dual-track payment system built on both cards and stablecoins.

In this episode:
• Nigeria's Central Bank Launches Real-Time FX Tracker for BDCs, Mandates 24-Hour Resale of Unused Dollars
• Visa Report: AI Agents Require Dual-Track Payment System of Cards and Stablecoins
• Ghana and Tanzania Finalize New Regulatory Frameworks for Digital Assets
• Paystack Deepens Pesalink Integration for Direct Bank Payments in Kenya
• AI-Driven 'Friendly Fraud' and Fake Invoices Emerge as Top Threats
• Nigeria's Net FX Reserves Surge to $40 Billion, Diaspora Remittances Targeted at $1B Monthly
• Ghana Mandates Biometric Verification for National ID, Banning Photocopies
• Visa Launches Enterprise Stablecoin Platform for Banks and Fintechs
• AWS CloudFront Outage Disrupts Global Services, Including PayPay
• Report: Nigerian Consumers Lead AI Adoption in E-commerce
• Analysis: South Africa's Special Economic Zones Fail Due to Structural Flaws

Chapters:
00:00 Intro
01:00 Visa Report: AI Agents Require Dual-Track Payment System of Cards and Stablecoi…
01:43 Ghana and Tanzania Finalize New Regulatory Frameworks for Digital Assets
02:22 Paystack Deepens Pesalink Integration for Direct Bank Payments in Kenya
02:58 AI-Driven 'Friendly Fraud' and Fake Invoices Emerge as Top Threats
03:37 Nigeria's Net FX Reserves Surge to $40 Billion, Diaspora Remittances Targeted a…
04:15 Ghana Mandates Biometric Verification for National ID, Banning Photocopies
04:53 Visa Launches Enterprise Stablecoin Platform for Banks and Fintechs
05:31 AWS CloudFront Outage Disrupts Global Services, Including PayPay
06:04 Report: Nigerian Consumers Lead AI Adoption in E-commerce
06:39 Analysis: South Africa's Special Economic Zones Fail Due to Structural Flaws
07:12 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-17/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: The Central Bank of Nigeria is making a major play to sanitize the country's retail forex market, mandating a real-time digital tracker for all Bureau De Change transactions. In tandem, Ghana and Tanzania are formalizing new regulatory frameworks for digital assets, while a new strategy report from Visa maps out why AI-driven commerce will force a dual-track payment system built on both cards and stablecoins.</p><h3>In this episode</h3><ul><li><strong>Nigeria's Central Bank Launches Real-Time FX Tracker for BDCs, Mandates 24-Hour Resale of Unused Dollars</strong> — As the Central Bank of Nigeria continues its interventions to stabilize tightening Naira liquidity, the regulator on…</li><li><strong>Visa Report: AI Agents Require Dual-Track Payment System of Cards and Stablecoins</strong> — Building on its recent agentic commerce pilots and its backing of the Linux Foundation's new x402 protocol, Visa…</li><li><strong>Ghana and Tanzania Finalize New Regulatory Frameworks for Digital Assets</strong> — The Bank of Ghana (BoG) and the Bank of Tanzania (BoT) are both finalizing sweeping new regulatory frameworks for…</li><li><strong>Paystack Deepens Pesalink Integration for Direct Bank Payments in Kenya</strong> — Paystack on Thursday expanded its partnership with Pesalink, Kenya's instant interbank transfer network, to allow…</li><li><strong>AI-Driven 'Friendly Fraud' and Fake Invoices Emerge as Top Threats</strong> — Following the data we recently tracked showing friendly fraud now accounts for the vast majority of chargebacks, new…</li><li><strong>Nigeria's Net FX Reserves Surge to $40 Billion, Diaspora Remittances Targeted at $1B Monthly</strong> — Confirming the upward trajectory in external reserves we noted earlier this week, CBN Governor Olayemi Cardoso…</li><li><strong>Ghana Mandates Biometric Verification for National ID, Banning Photocopies</strong> — As of Thursday, Ghana's National Identification Authority (NIA) has made biometric verification of the national ID card…</li><li><strong>Visa Launches Enterprise Stablecoin Platform for Banks and Fintechs</strong> — Visa on Thursday unveiled a new enterprise platform to help banks, fintechs, and merchants integrate stablecoin…</li><li><strong>AWS CloudFront Outage Disrupts Global Services, Including PayPay</strong> — A significant Amazon Web Services (AWS) outage occurred on Thursday, impacting its CloudFront content delivery network.</li><li><strong>Report: Nigerian Consumers Lead AI Adoption in E-commerce</strong> — A new DHL eCommerce report released Thursday reveals that Nigerian consumers are outpacing global peers in the adoption…</li><li><strong>Analysis: South Africa's Special Economic Zones Fail Due to Structural Flaws</strong> — Despite a World Bank recommendation to expand tax incentives, an analysis published Thursday argues that South Africa's…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:00 Visa Report: AI Agents Require Dual-Track Payment System of Cards and Stablecoi…<br/>01:43 Ghana and Tanzania Finalize New Regulatory Frameworks for Digital Assets<br/>02:22 Paystack Deepens Pesalink Integration for Direct Bank Payments in Kenya<br/>02:58 AI-Driven 'Friendly Fraud' and Fake Invoices Emerge as Top Threats<br/>03:37 Nigeria's Net FX Reserves Surge to $40 Billion, Diaspora Remittances Targeted a…<br/>04:15 Ghana Mandates Biometric Verification for National ID, Banning Photocopies<br/>04:53 Visa Launches Enterprise Stablecoin Platform for Banks and Fintechs<br/>05:31 AWS CloudFront Outage Disrupts Global Services, Including PayPay<br/>06:04 Report: Nigerian Consumers Lead AI Adoption in E-commerce<br/>06:39 Analysis: South Africa's Special Economic Zones Fail Due to Structural Flaws<br/>07:12 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-17/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-17/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-17.mp3" length="3731337" type="audio/mpeg"/>
      <pubDate>Fri, 17 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: The Central Bank of Nigeria is making a major play to sanitize the country's retail forex market, mandating a real-time digital tracker for all Bureau De Change transactions. In tandem, Ghana and Tanzania are </itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: The Central Bank of Nigeria is making a major play to sanitize the country's retail forex market, mandating a real-time digital tracker for all Bureau De Change transactions. In tandem, Ghana and Tanzania are formalizing new regulatory frameworks for digital assets, while a new strategy report from Visa maps out why AI-driven commerce will force a dual-track payment system built on both cards and stablecoins.

In this episode:
• Nigeria's Central Bank Launches Real-Time FX Tracker for BDCs, Mandates 24-Hour Resale of Unused Dollars
• Visa Report: AI Agents Require Dual-Track Payment System of Cards and Stablecoins
• Ghana and Tanzania Finalize New Regulatory Frameworks for Digital Assets
• Paystack Deepens Pesalink Integration for Direct Bank Payments in Kenya
• AI-Driven 'Friendly Fraud' and Fake Invoices Emerge as Top Threats
• Nigeria's Net FX Reserves Surge to $40 Billion, Diaspora Remittances Targeted at $1B Monthly
• Ghana Mandates Biometric Verification for National ID, Banning Photocopies
• Visa Launches Enterprise Stablecoin Platform for Banks and Fintechs
• AWS CloudFront Outage Disrupts Global Services, Including PayPay
• Report: Nigerian Consumers Lead AI Adoption in E-commerce
• Analysis: South Africa's Special Economic Zones Fail Due to Structural Flaws

Chapters:
00:00 Intro
01:00 Visa Report: AI Agents Require Dual-Track Payment System of Cards and Stablecoi…
01:43 Ghana and Tanzania Finalize New Regulatory Frameworks for Digital Assets
02:22 Paystack Deepens Pesalink Integration for Direct Bank Payments in Kenya
02:58 AI-Driven 'Friendly Fraud' and Fake Invoices Emerge as Top Threats
03:37 Nigeria's Net FX Reserves Surge to $40 Billion, Diaspora Remittances Targeted a…
04:15 Ghana Mandates Biometric Verification for National ID, Banning Photocopies
04:53 Visa Launches Enterprise Stablecoin Platform for Banks and Fintechs
05:31 AWS CloudFront Outage Disrupts Global Services, Including PayPay
06:04 Report: Nigerian Consumers Lead AI Adoption in E-commerce
06:39 Analysis: South Africa's Special Economic Zones Fail Due to Structural Flaws
07:12 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-17/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>15</itunes:episode>
      <itunes:title>Jul 17: Nigeria's Central Bank Launches Real-Time FX Tracker for BDCs, Mandates 24-Hour Resale…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 16: Stripe Details Production-Grade AI for Optimizing Authorizations, Fraud, and Cross-Bord…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-16/</link>
      <description>Today on The Settlement Layer, the payments landscape is facing a potential earthquake with a reported $53 billion bid for PayPal by Stripe and Advent. Alongside that M&amp;A shockwave, we are looking at Accertify's new data quantifying the The Settlement Layer fraud surge we've been tracking, and charting the next phase of agentic commerce as the Linux Foundation launches a dedicated payment standard for AI agents.

In this episode:
• Stripe Details Production-Grade AI for Optimizing Authorizations, Fraud, and Cross-Border Pricing
• Stripe and Advent Reportedly Bid $53B for PayPal, Threatening Major Shake-up in Global Payments
• NVIDIA Details Rise of 'Payment Foundation Models' for Contextual Fraud Detection and Agentic Commerce
• Linux Foundation Launches x402 Standard for AI Agent Payments, Backed by AWS, Visa, Mastercard, and Stripe
• Fraud Pressure Intensifies in Africa with Cairo and Accra as Global Hotspots, Report Finds
• SARB to Tighten Forex Rules with New BoP Codes Effective August 11
• JCB and Circle Partner to Explore USDC Stablecoin Payments for 40 Million Merchants
• Moniepoint Acquires Sumac Microfinance Bank in Kenya, Appoints Former Branch CEO to Lead Operations
• Interswitch Profits Driven Almost Entirely by Nigeria, Highlighting Single-Market Risk
• Airtel Money Quietly Raises M-PESA Transfer Fees to Match Safaricom's Rates
• Dangote Refinery's Shift to USD Pricing Receives Regulatory Backing in Nigeria
• Analysis of Zeepay's License Revocation Highlights Governance Gaps in African Fintech

Chapters:
00:00 Intro
00:52 Stripe and Advent Reportedly Bid $53B for PayPal, Threatening Major Shake-up in…
01:32 NVIDIA Details Rise of 'Payment Foundation Models' for Contextual Fraud Detecti…
02:07 Linux Foundation Launches x402 Standard for AI Agent Payments, Backed by AWS, V…
02:40 Fraud Pressure Intensifies in Africa with Cairo and Accra as Global Hotspots, R…
03:17 SARB to Tighten Forex Rules with New BoP Codes Effective August 11
03:49 JCB and Circle Partner to Explore USDC Stablecoin Payments for 40 Million Merch…
04:20 Moniepoint Acquires Sumac Microfinance Bank in Kenya, Appoints Former Branch CE…
04:51 Interswitch Profits Driven Almost Entirely by Nigeria, Highlighting Single-Mark…
05:21 Airtel Money Quietly Raises M-PESA Transfer Fees to Match Safaricom's Rates
06:22 Analysis of Zeepay's License Revocation Highlights Governance Gaps in African F…
06:53 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-16/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer, the payments landscape is facing a potential earthquake with a reported $53 billion bid for PayPal by Stripe and Advent. Alongside that M&amp;A shockwave, we are looking at Accertify's new data quantifying the The Settlement Layer fraud surge we've been tracking, and charting the next phase of agentic commerce as the Linux Foundation launches a dedicated payment standard for AI agents.</p><h3>In this episode</h3><ul><li><strong>Stripe Details Production-Grade AI for Optimizing Authorizations, Fraud, and Cross-Border Pricing</strong> — Building on the Adaptive Checkout and Radar 3.0 rollouts we've tracked, Stripe is now detailing its use of AI beyond…</li><li><strong>Stripe and Advent Reportedly Bid $53B for PayPal, Threatening Major Shake-up in Global Payments</strong> — Stripe and private equity firm Advent International have reportedly made a $53 billion takeover bid for PayPal…</li><li><strong>NVIDIA Details Rise of 'Payment Foundation Models' for Contextual Fraud Detection and Agentic Commerce</strong> — Pahal Patangia, head of payments and fintech at NVIDIA, detailed the emergence of 'payment foundation models'—AI models…</li><li><strong>Linux Foundation Launches x402 Standard for AI Agent Payments, Backed by AWS, Visa, Mastercard, and Stripe</strong> — Following the live agentic payment pilots from Mastercard and Stripe we covered earlier this week, the infrastructure…</li><li><strong>Fraud Pressure Intensifies in Africa with Cairo and Accra as Global Hotspots, Report Finds</strong> — Putting hard numbers to the surge in West African fraud we've been tracking, Accertify's Q2 2026 Global Air Travel…</li><li><strong>SARB to Tighten Forex Rules with New BoP Codes Effective August 11</strong> — The South African Reserve Bank (SARB) is implementing updated Balance of Payments (BoP) reporting codes, effective…</li><li><strong>JCB and Circle Partner to Explore USDC Stablecoin Payments for 40 Million Merchants</strong> — Japanese credit card giant JCB has signed a Memorandum of Understanding with Circle to explore integrating USDC…</li><li><strong>Moniepoint Acquires Sumac Microfinance Bank in Kenya, Appoints Former Branch CEO to Lead Operations</strong> — Fresh off upgrading its Nigerian operating license to national status, Moniepoint has confirmed its expansion into…</li><li><strong>Interswitch Profits Driven Almost Entirely by Nigeria, Highlighting Single-Market Risk</strong> — Pan-African payments company Interswitch reported a NGN 23 billion (KES 1.98 billion) pre-tax profit for its 2025…</li><li><strong>Airtel Money Quietly Raises M-PESA Transfer Fees to Match Safaricom's Rates</strong> — Airtel Money has discreetly increased its fees for cross-network transfers to M-PESA wallets, with the new tariff…</li><li><strong>Dangote Refinery's Shift to USD Pricing Receives Regulatory Backing in Nigeria</strong> — Adding a new layer to the severe FX liquidity squeeze we've been tracking, Nigeria's petroleum regulator has confirmed…</li><li><strong>Analysis of Zeepay's License Revocation Highlights Governance Gaps in African Fintech</strong> — Following yesterday's abrupt revocation of Zeepay's e-money license by the Bank of Ghana, industry analysis is focusing…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:52 Stripe and Advent Reportedly Bid $53B for PayPal, Threatening Major Shake-up in…<br/>01:32 NVIDIA Details Rise of 'Payment Foundation Models' for Contextual Fraud Detecti…<br/>02:07 Linux Foundation Launches x402 Standard for AI Agent Payments, Backed by AWS, V…<br/>02:40 Fraud Pressure Intensifies in Africa with Cairo and Accra as Global Hotspots, R…<br/>03:17 SARB to Tighten Forex Rules with New BoP Codes Effective August 11<br/>03:49 JCB and Circle Partner to Explore USDC Stablecoin Payments for 40 Million Merch…<br/>04:20 Moniepoint Acquires Sumac Microfinance Bank in Kenya, Appoints Former Branch CE…<br/>04:51 Interswitch Profits Driven Almost Entirely by Nigeria, Highlighting Single-Mark…<br/>05:21 Airtel Money Quietly Raises M-PESA Transfer Fees to Match Safaricom's Rates<br/>06:22 Analysis of Zeepay's License Revocation Highlights Governance Gaps in African F…<br/>06:53 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-16/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-16/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-16.mp3" length="3680379" type="audio/mpeg"/>
      <pubDate>Thu, 16 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer, the payments landscape is facing a potential earthquake with a reported $53 billion bid for PayPal by Stripe and Advent. Alongside that M&amp;A shockwave, we are looking at Accertify's new data quantifying the The</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer, the payments landscape is facing a potential earthquake with a reported $53 billion bid for PayPal by Stripe and Advent. Alongside that M&amp;A shockwave, we are looking at Accertify's new data quantifying the The Settlement Layer fraud surge we've been tracking, and charting the next phase of agentic commerce as the Linux Foundation launches a dedicated payment standard for AI agents.

In this episode:
• Stripe Details Production-Grade AI for Optimizing Authorizations, Fraud, and Cross-Border Pricing
• Stripe and Advent Reportedly Bid $53B for PayPal, Threatening Major Shake-up in Global Payments
• NVIDIA Details Rise of 'Payment Foundation Models' for Contextual Fraud Detection and Agentic Commerce
• Linux Foundation Launches x402 Standard for AI Agent Payments, Backed by AWS, Visa, Mastercard, and Stripe
• Fraud Pressure Intensifies in Africa with Cairo and Accra as Global Hotspots, Report Finds
• SARB to Tighten Forex Rules with New BoP Codes Effective August 11
• JCB and Circle Partner to Explore USDC Stablecoin Payments for 40 Million Merchants
• Moniepoint Acquires Sumac Microfinance Bank in Kenya, Appoints Former Branch CEO to Lead Operations
• Interswitch Profits Driven Almost Entirely by Nigeria, Highlighting Single-Market Risk
• Airtel Money Quietly Raises M-PESA Transfer Fees to Match Safaricom's Rates
• Dangote Refinery's Shift to USD Pricing Receives Regulatory Backing in Nigeria
• Analysis of Zeepay's License Revocation Highlights Governance Gaps in African Fintech

Chapters:
00:00 Intro
00:52 Stripe and Advent Reportedly Bid $53B for PayPal, Threatening Major Shake-up in…
01:32 NVIDIA Details Rise of 'Payment Foundation Models' for Contextual Fraud Detecti…
02:07 Linux Foundation Launches x402 Standard for AI Agent Payments, Backed by AWS, V…
02:40 Fraud Pressure Intensifies in Africa with Cairo and Accra as Global Hotspots, R…
03:17 SARB to Tighten Forex Rules with New BoP Codes Effective August 11
03:49 JCB and Circle Partner to Explore USDC Stablecoin Payments for 40 Million Merch…
04:20 Moniepoint Acquires Sumac Microfinance Bank in Kenya, Appoints Former Branch CE…
04:51 Interswitch Profits Driven Almost Entirely by Nigeria, Highlighting Single-Mark…
05:21 Airtel Money Quietly Raises M-PESA Transfer Fees to Match Safaricom's Rates
06:22 Analysis of Zeepay's License Revocation Highlights Governance Gaps in African F…
06:53 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-16/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>14</itunes:episode>
      <itunes:title>Jul 16: Stripe Details Production-Grade AI for Optimizing Authorizations, Fraud, and Cross-Bord…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 15: Kenya's High Court Upholds Joint Liability for Safaricom and DTB in SIM Swap Fraud</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-15/</link>
      <description>Today on The Settlement Layer: Central banks and courts are flexing their authority across the continent. Ghana's regulator has abruptly revoked Zeepay's e-money license over compliance failures, while a landmark Kenyan ruling has established joint liability for telcos and banks in SIM swap fraud. We are also tracking the launch of new, fully licensed stablecoin settlement corridors in East Africa.

In this episode:
• Kenya's High Court Upholds Joint Liability for Safaricom and DTB in SIM Swap Fraud
• Bank of Ghana Revokes Zeepay's E-Money License Over Regulatory Breaches
• Licensed Stablecoin Settlement Corridors Launch in East Africa to Tackle USD Scarcity
• Nigerian Startup Clea Uses Stablecoins for B2B Payments, Tackling Forex Crisis
• Surge in AI-Driven Fraud in West Africa Prompts Omnichannel Defense Strategy
• Rwanda's eKash Goes Live with $0.014 Fee Cap, Driving Payment Interoperability
• INETCO Launches Agentic AI Tool to Automate and Accelerate Fraud Investigations
• Safaricom Launches 'Shiriki Pay' for Shared M-PESA Merchant Payments
• Morocco Unbundles Card Payments, Opening Merchant Acquiring to Fintechs
• First Abu Dhabi Bank Clears Legal Hurdle for South African Banking License
• CBN Reiterates Data Localization and Beneficial Owner Mandates for Nigeria
• Package-Forwarding Services Create 'Hidden Pipeline' for Global Brands into Africa

Chapters:
00:00 Intro
00:54 Bank of Ghana Revokes Zeepay's E-Money License Over Regulatory Breaches
01:34 Licensed Stablecoin Settlement Corridors Launch in East Africa to Tackle USD Sc…
02:14 Nigerian Startup Clea Uses Stablecoins for B2B Payments, Tackling Forex Crisis
02:51 Surge in AI-Driven Fraud in West Africa Prompts Omnichannel Defense Strategy
03:30 Rwanda's eKash Goes Live with $0.014 Fee Cap, Driving Payment Interoperability
04:03 INETCO Launches Agentic AI Tool to Automate and Accelerate Fraud Investigations
04:38 Safaricom Launches 'Shiriki Pay' for Shared M-PESA Merchant Payments
05:16 Morocco Unbundles Card Payments, Opening Merchant Acquiring to Fintechs
05:50 First Abu Dhabi Bank Clears Legal Hurdle for South African Banking License
06:24 CBN Reiterates Data Localization and Beneficial Owner Mandates for Nigeria
06:56 Package-Forwarding Services Create 'Hidden Pipeline' for Global Brands into Afr…
07:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-15/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: Central banks and courts are flexing their authority across the continent. Ghana's regulator has abruptly revoked Zeepay's e-money license over compliance failures, while a landmark Kenyan ruling has established joint liability for telcos and banks in SIM swap fraud. We are also tracking the launch of new, fully licensed stablecoin settlement corridors in East Africa.</p><h3>In this episode</h3><ul><li><strong>Kenya's High Court Upholds Joint Liability for Safaricom and DTB in SIM Swap Fraud</strong> — Following the initial High Court ruling we tracked yesterday, Kenya's High Court has officially dismissed the appeals…</li><li><strong>Bank of Ghana Revokes Zeepay's E-Money License Over Regulatory Breaches</strong> — The Bank of Ghana on Tuesday revoked the electronic money issuer license of Zeepay Ghana Ltd, a major cross-border…</li><li><strong>Licensed Stablecoin Settlement Corridors Launch in East Africa to Tackle USD Scarcity</strong> — Swiss-based SCRYPT has launched licensed stablecoin settlement infrastructure in Kenya, Tanzania, Rwanda, and Uganda.</li><li><strong>Nigerian Startup Clea Uses Stablecoins for B2B Payments, Tackling Forex Crisis</strong> — Nigerian startup Clea is gaining traction by using stablecoins as a settlement rail to help local importers pay foreign…</li><li><strong>Surge in AI-Driven Fraud in West Africa Prompts Omnichannel Defense Strategy</strong> — Organizations across West Africa are adopting omnichannel communication and security strategies to combat a surge in…</li><li><strong>Rwanda's eKash Goes Live with $0.014 Fee Cap, Driving Payment Interoperability</strong> — Following the central bank mandate we noted yesterday, Rwanda has officially launched the eKash national instant…</li><li><strong>INETCO Launches Agentic AI Tool to Automate and Accelerate Fraud Investigations</strong> — INETCO has launched BullzAI Investigate, an agentic AI module designed for banks and payment providers to drastically…</li><li><strong>Safaricom Launches 'Shiriki Pay' for Shared M-PESA Merchant Payments</strong> — Safaricom on Tuesday launched 'Shiriki Pay,' a new M-PESA feature that allows an account holder to authorize other…</li><li><strong>Morocco Unbundles Card Payments, Opening Merchant Acquiring to Fintechs</strong> — After a decade-long effort, Morocco's central bank and competition watchdog have finalized the unbundling of the…</li><li><strong>First Abu Dhabi Bank Clears Legal Hurdle for South African Banking License</strong> — South Africa's top appeals court has dismissed a nearly decade-long trademark challenge from FirstRand, clearing a…</li><li><strong>CBN Reiterates Data Localization and Beneficial Owner Mandates for Nigeria</strong> — The Central Bank of Nigeria is doubling down on the January 2027 payment data localization mandate we've been tracking.</li><li><strong>Package-Forwarding Services Create 'Hidden Pipeline' for Global Brands into Africa</strong> — African consumers are increasingly buying from global giants like Amazon and Walmart by using intermediary…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:54 Bank of Ghana Revokes Zeepay's E-Money License Over Regulatory Breaches<br/>01:34 Licensed Stablecoin Settlement Corridors Launch in East Africa to Tackle USD Sc…<br/>02:14 Nigerian Startup Clea Uses Stablecoins for B2B Payments, Tackling Forex Crisis<br/>02:51 Surge in AI-Driven Fraud in West Africa Prompts Omnichannel Defense Strategy<br/>03:30 Rwanda's eKash Goes Live with $0.014 Fee Cap, Driving Payment Interoperability<br/>04:03 INETCO Launches Agentic AI Tool to Automate and Accelerate Fraud Investigations<br/>04:38 Safaricom Launches 'Shiriki Pay' for Shared M-PESA Merchant Payments<br/>05:16 Morocco Unbundles Card Payments, Opening Merchant Acquiring to Fintechs<br/>05:50 First Abu Dhabi Bank Clears Legal Hurdle for South African Banking License<br/>06:24 CBN Reiterates Data Localization and Beneficial Owner Mandates for Nigeria<br/>06:56 Package-Forwarding Services Create 'Hidden Pipeline' for Global Brands into Afr…<br/>07:31 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-15/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-15/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-15.mp3" length="3854444" type="audio/mpeg"/>
      <pubDate>Wed, 15 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: Central banks and courts are flexing their authority across the continent. Ghana's regulator has abruptly revoked Zeepay's e-money license over compliance failures, while a landmark Kenyan ruling has establish</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: Central banks and courts are flexing their authority across the continent. Ghana's regulator has abruptly revoked Zeepay's e-money license over compliance failures, while a landmark Kenyan ruling has established joint liability for telcos and banks in SIM swap fraud. We are also tracking the launch of new, fully licensed stablecoin settlement corridors in East Africa.

In this episode:
• Kenya's High Court Upholds Joint Liability for Safaricom and DTB in SIM Swap Fraud
• Bank of Ghana Revokes Zeepay's E-Money License Over Regulatory Breaches
• Licensed Stablecoin Settlement Corridors Launch in East Africa to Tackle USD Scarcity
• Nigerian Startup Clea Uses Stablecoins for B2B Payments, Tackling Forex Crisis
• Surge in AI-Driven Fraud in West Africa Prompts Omnichannel Defense Strategy
• Rwanda's eKash Goes Live with $0.014 Fee Cap, Driving Payment Interoperability
• INETCO Launches Agentic AI Tool to Automate and Accelerate Fraud Investigations
• Safaricom Launches 'Shiriki Pay' for Shared M-PESA Merchant Payments
• Morocco Unbundles Card Payments, Opening Merchant Acquiring to Fintechs
• First Abu Dhabi Bank Clears Legal Hurdle for South African Banking License
• CBN Reiterates Data Localization and Beneficial Owner Mandates for Nigeria
• Package-Forwarding Services Create 'Hidden Pipeline' for Global Brands into Africa

Chapters:
00:00 Intro
00:54 Bank of Ghana Revokes Zeepay's E-Money License Over Regulatory Breaches
01:34 Licensed Stablecoin Settlement Corridors Launch in East Africa to Tackle USD Sc…
02:14 Nigerian Startup Clea Uses Stablecoins for B2B Payments, Tackling Forex Crisis
02:51 Surge in AI-Driven Fraud in West Africa Prompts Omnichannel Defense Strategy
03:30 Rwanda's eKash Goes Live with $0.014 Fee Cap, Driving Payment Interoperability
04:03 INETCO Launches Agentic AI Tool to Automate and Accelerate Fraud Investigations
04:38 Safaricom Launches 'Shiriki Pay' for Shared M-PESA Merchant Payments
05:16 Morocco Unbundles Card Payments, Opening Merchant Acquiring to Fintechs
05:50 First Abu Dhabi Bank Clears Legal Hurdle for South African Banking License
06:24 CBN Reiterates Data Localization and Beneficial Owner Mandates for Nigeria
06:56 Package-Forwarding Services Create 'Hidden Pipeline' for Global Brands into Afr…
07:31 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-15/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>13</itunes:episode>
      <itunes:title>Jul 15: Kenya's High Court Upholds Joint Liability for Safaricom and DTB in SIM Swap Fraud</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 14: Visa &amp; Mastercard Cut Authorization Hold Window to 25 Days, Risking Pre-Order Sales</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-14/</link>
      <description>Today on The Settlement Layer, a major but under-the-radar rule change from Visa and Mastercard shortens the payment authorization window to just 25 days, creating new risks for merchants with pre-order or custom-made products. We also track Paystack's entry into the agentic commerce race we've been following, and Luno's formal pushback against South Africa's proposed crypto capital controls.

In this episode:
• Visa &amp; Mastercard Cut Authorization Hold Window to 25 Days, Risking Pre-Order Sales
• Luno Challenges South Africa's Proposed Crypto Capital Flow Rules as Potentially Unconstitutional
• Paystack Launches 'Index' to Enable AI-Driven Payments in Nigeria
• Circle Launches 'Nanopayments' Testnet for Gas-Free, Sub-Cent USDC Transfers for AI Agents
• US Crypto Firm Hurupay Exits Kenya and Nigeria Amid AML Scrutiny
• Rwanda Mandates eKash for National Payments, While Forcing Switch Operator Out of Wallet Business
• Naira Weakens Despite CBN Intervention as FX Demand Persists
• Peach Payments CISO: 'Agentic Commerce' Requires New Security Models for AI-Driven Transactions
• South Africa's FSCA Outlines Slow, Deliberate Fintech Regulatory Roadmap to 2029
• Tanzania and Rwanda Finalize Technical Framework for Instant Cross-Border Payments
• Safaricom &amp; DTB Bank Found Jointly Liable for SIM Swap Fraud in Kenyan High Court Ruling

Chapters:
00:00 Intro
01:01 Luno Challenges South Africa's Proposed Crypto Capital Flow Rules as Potentiall…
01:42 Paystack Launches 'Index' to Enable AI-Driven Payments in Nigeria
02:17 Circle Launches 'Nanopayments' Testnet for Gas-Free, Sub-Cent USDC Transfers fo…
02:48 US Crypto Firm Hurupay Exits Kenya and Nigeria Amid AML Scrutiny
03:20 Rwanda Mandates eKash for National Payments, While Forcing Switch Operator Out…
03:53 Naira Weakens Despite CBN Intervention as FX Demand Persists
04:27 Peach Payments CISO: 'Agentic Commerce' Requires New Security Models for AI-Dri…
05:00 South Africa's FSCA Outlines Slow, Deliberate Fintech Regulatory Roadmap to 2029
05:33 Tanzania and Rwanda Finalize Technical Framework for Instant Cross-Border Payme…
06:04 Safaricom &amp; DTB Bank Found Jointly Liable for SIM Swap Fraud in Kenyan High Cou…
06:34 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-14/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer, a major but under-the-radar rule change from Visa and Mastercard shortens the payment authorization window to just 25 days, creating new risks for merchants with pre-order or custom-made products. We also track Paystack's entry into the agentic commerce race we've been following, and Luno's formal pushback against South Africa's proposed crypto capital controls.</p><h3>In this episode</h3><ul><li><strong>Visa &amp; Mastercard Cut Authorization Hold Window to 25 Days, Risking Pre-Order Sales</strong> — Effective July 2026, Visa and Mastercard have significantly shortened the validity period for payment authorizations…</li><li><strong>Luno Challenges South Africa's Proposed Crypto Capital Flow Rules as Potentially Unconstitutional</strong> — Following through on the pushback against the draft capital controls we noted last week, cryptocurrency exchange Luno…</li><li><strong>Paystack Launches 'Index' to Enable AI-Driven Payments in Nigeria</strong> — The 'agentic commerce' race we've been tracking globally has explicitly arrived in Nigeria.</li><li><strong>Circle Launches 'Nanopayments' Testnet for Gas-Free, Sub-Cent USDC Transfers for AI Agents</strong> — Adding to the stablecoin infrastructure for AI agents that we covered yesterday, Circle has launched its Nanopayments…</li><li><strong>US Crypto Firm Hurupay Exits Kenya and Nigeria Amid AML Scrutiny</strong> — Following up on the restriction of its Kenyan USD banking services we reported on Sunday, crypto processing firm…</li><li><strong>Rwanda Mandates eKash for National Payments, While Forcing Switch Operator Out of Wallet Business</strong> — As Rwanda works to link its RSwitch network to Tanzania's instant payment system, its central bank is enforcing a…</li><li><strong>Naira Weakens Despite CBN Intervention as FX Demand Persists</strong> — Despite the Central Bank of Nigeria injecting a reported $250 million over the past two weeks—though some earlier…</li><li><strong>Peach Payments CISO: 'Agentic Commerce' Requires New Security Models for AI-Driven Transactions</strong> — As the protocol layer for 'agentic commerce' solidifies, security leaders are beginning to outline the defensive…</li><li><strong>South Africa's FSCA Outlines Slow, Deliberate Fintech Regulatory Roadmap to 2029</strong> — South Africa's Financial Sector Conduct Authority (FSCA) has released its three-year regulation plan, revealing a slow…</li><li><strong>Tanzania and Rwanda Finalize Technical Framework for Instant Cross-Border Payments</strong> — Following up on the Proof of Concept we noted over the weekend, Tanzania and Rwanda have finalized the technical…</li><li><strong>Safaricom &amp; DTB Bank Found Jointly Liable for SIM Swap Fraud in Kenyan High Court Ruling</strong> — In a significant ruling on Monday, Kenya's High Court upheld a decision finding both Safaricom and Diamond Trust Bank…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:01 Luno Challenges South Africa's Proposed Crypto Capital Flow Rules as Potentiall…<br/>01:42 Paystack Launches 'Index' to Enable AI-Driven Payments in Nigeria<br/>02:17 Circle Launches 'Nanopayments' Testnet for Gas-Free, Sub-Cent USDC Transfers fo…<br/>02:48 US Crypto Firm Hurupay Exits Kenya and Nigeria Amid AML Scrutiny<br/>03:20 Rwanda Mandates eKash for National Payments, While Forcing Switch Operator Out…<br/>03:53 Naira Weakens Despite CBN Intervention as FX Demand Persists<br/>04:27 Peach Payments CISO: 'Agentic Commerce' Requires New Security Models for AI-Dri…<br/>05:00 South Africa's FSCA Outlines Slow, Deliberate Fintech Regulatory Roadmap to 2029<br/>05:33 Tanzania and Rwanda Finalize Technical Framework for Instant Cross-Border Payme…<br/>06:04 Safaricom &amp; DTB Bank Found Jointly Liable for SIM Swap Fraud in Kenyan High Cou…<br/>06:34 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-14/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-14/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-14.mp3" length="3575551" type="audio/mpeg"/>
      <pubDate>Tue, 14 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer, a major but under-the-radar rule change from Visa and Mastercard shortens the payment authorization window to just 25 days, creating new risks for merchants with pre-order or custom-made products. We also trac</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer, a major but under-the-radar rule change from Visa and Mastercard shortens the payment authorization window to just 25 days, creating new risks for merchants with pre-order or custom-made products. We also track Paystack's entry into the agentic commerce race we've been following, and Luno's formal pushback against South Africa's proposed crypto capital controls.

In this episode:
• Visa &amp; Mastercard Cut Authorization Hold Window to 25 Days, Risking Pre-Order Sales
• Luno Challenges South Africa's Proposed Crypto Capital Flow Rules as Potentially Unconstitutional
• Paystack Launches 'Index' to Enable AI-Driven Payments in Nigeria
• Circle Launches 'Nanopayments' Testnet for Gas-Free, Sub-Cent USDC Transfers for AI Agents
• US Crypto Firm Hurupay Exits Kenya and Nigeria Amid AML Scrutiny
• Rwanda Mandates eKash for National Payments, While Forcing Switch Operator Out of Wallet Business
• Naira Weakens Despite CBN Intervention as FX Demand Persists
• Peach Payments CISO: 'Agentic Commerce' Requires New Security Models for AI-Driven Transactions
• South Africa's FSCA Outlines Slow, Deliberate Fintech Regulatory Roadmap to 2029
• Tanzania and Rwanda Finalize Technical Framework for Instant Cross-Border Payments
• Safaricom &amp; DTB Bank Found Jointly Liable for SIM Swap Fraud in Kenyan High Court Ruling

Chapters:
00:00 Intro
01:01 Luno Challenges South Africa's Proposed Crypto Capital Flow Rules as Potentiall…
01:42 Paystack Launches 'Index' to Enable AI-Driven Payments in Nigeria
02:17 Circle Launches 'Nanopayments' Testnet for Gas-Free, Sub-Cent USDC Transfers fo…
02:48 US Crypto Firm Hurupay Exits Kenya and Nigeria Amid AML Scrutiny
03:20 Rwanda Mandates eKash for National Payments, While Forcing Switch Operator Out…
03:53 Naira Weakens Despite CBN Intervention as FX Demand Persists
04:27 Peach Payments CISO: 'Agentic Commerce' Requires New Security Models for AI-Dri…
05:00 South Africa's FSCA Outlines Slow, Deliberate Fintech Regulatory Roadmap to 2029
05:33 Tanzania and Rwanda Finalize Technical Framework for Instant Cross-Border Payme…
06:04 Safaricom &amp; DTB Bank Found Jointly Liable for SIM Swap Fraud in Kenyan High Cou…
06:34 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-14/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>12</itunes:episode>
      <itunes:title>Jul 14: Visa &amp; Mastercard Cut Authorization Hold Window to 25 Days, Risking Pre-Order Sales</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 13: Mastercard Launches 'Agent Pay for Machines,' Adds Stablecoin Rails for AI Microtransac…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-13/</link>
      <description>Today on The Settlement Layer: The protocol race for autonomous checkout is accelerating. With Visa, Stripe, and Google already deploying agentic commerce tools, Mastercard is now stepping in with dedicated AI payment rails that lean heavily on stablecoins for micro-settlement. We are also tracking a sharp reversal in Nigeria's recently stabilized FX liquidity, and a major expansion of direct Yuan clearing across 19 The Settlement Layer markets.

In this episode:
• Mastercard Launches 'Agent Pay for Machines,' Adds Stablecoin Rails for AI Microtransactions
• AIsa Raises $6.5M to Build Transaction Network for AI Agent Economy, Integrates Stablecoin Settlement
• Agentic Payments Go Live, Riding Stablecoins as Invisible Rails for Conversational Commerce
• UK Places AWS, Google, Microsoft, and Oracle Under Direct Financial Sector Supervision
• Circle Secures Federal Trust Charter, Legitimizing USDC as Regulated Settlement Infrastructure
• Central Bank of Central African States (BEAC) Joins Pan-African Payment System PAPSS
• Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries
• Nigeria's FX Market Turnover Plummets 47% in One Week
• Fintech Startup Future Forex Challenges South African Banks on FX Margins
• SARB Confirms Development of Crypto Regulatory Frameworks
• Nigerian Fintech Nearpays Wins UN 'AI for Good' Award for Tap-on-Phone Payment Tech
• High Court Orders Safaricom to Pay KSh 1.4 Billion for IP Infringement on Mobile Wallet Idea

Chapters:
00:00 Intro
01:00 AIsa Raises $6.5M to Build Transaction Network for AI Agent Economy, Integrates…
01:40 Agentic Payments Go Live, Riding Stablecoins as Invisible Rails for Conversatio…
02:25 UK Places AWS, Google, Microsoft, and Oracle Under Direct Financial Sector Supe…
03:02 Circle Secures Federal Trust Charter, Legitimizing USDC as Regulated Settlement…
03:42 Central Bank of Central African States (BEAC) Joins Pan-African Payment System…
04:20 Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries
04:54 Nigeria's FX Market Turnover Plummets 47% in One Week
05:27 Fintech Startup Future Forex Challenges South African Banks on FX Margins
06:00 SARB Confirms Development of Crypto Regulatory Frameworks
06:32 Nigerian Fintech Nearpays Wins UN 'AI for Good' Award for Tap-on-Phone Payment…
07:03 High Court Orders Safaricom to Pay KSh 1.4 Billion for IP Infringement on Mobil…
07:36 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-13/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: The protocol race for autonomous checkout is accelerating. With Visa, Stripe, and Google already deploying agentic commerce tools, Mastercard is now stepping in with dedicated AI payment rails that lean heavily on stablecoins for micro-settlement. We are also tracking a sharp reversal in Nigeria's recently stabilized FX liquidity, and a major expansion of direct Yuan clearing across 19 The Settlement Layer markets.</p><h3>In this episode</h3><ul><li><strong>Mastercard Launches 'Agent Pay for Machines,' Adds Stablecoin Rails for AI Microtransactions</strong> — Following the rollout of 'agentic commerce' tools from Visa, Stripe, and Google that we've been tracking, Mastercard…</li><li><strong>AIsa Raises $6.5M to Build Transaction Network for AI Agent Economy, Integrates Stablecoin Settlement</strong> — AIsa, a San Francisco startup building a transaction network for the AI agent economy, announced on Sunday it has…</li><li><strong>Agentic Payments Go Live, Riding Stablecoins as Invisible Rails for Conversational Commerce</strong> — Real-world pilots for AI agent-initiated payments are now live, with processors like Stripe, Adyen, and Mastercard…</li><li><strong>UK Places AWS, Google, Microsoft, and Oracle Under Direct Financial Sector Supervision</strong> — Formalizing the move we flagged over the weekend, the UK has officially designated the cloud operations of Amazon Web…</li><li><strong>Circle Secures Federal Trust Charter, Legitimizing USDC as Regulated Settlement Infrastructure</strong> — Circle received final approval from the U.S.</li><li><strong>Central Bank of Central African States (BEAC) Joins Pan-African Payment System PAPSS</strong> — Following up on the initial integration we flagged last week, the Bank of Central African States (BEAC) has officially…</li><li><strong>Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries</strong> — Expanding on the South African clearing mandate we noted yesterday, Standard Bank announced on Monday it has been…</li><li><strong>Nigeria's FX Market Turnover Plummets 47% in One Week</strong> — Nigeria's official foreign exchange market is experiencing a sharp reversal: after the CBN injected liquidity and…</li><li><strong>Fintech Startup Future Forex Challenges South African Banks on FX Margins</strong> — On Monday, South African fintech Future Forex highlighted how it is challenging traditional banks by offering…</li><li><strong>SARB Confirms Development of Crypto Regulatory Frameworks</strong> — The South African Reserve Bank (SARB) and its Prudential Authority are actively developing regulatory frameworks for…</li><li><strong>Nigerian Fintech Nearpays Wins UN 'AI for Good' Award for Tap-on-Phone Payment Tech</strong> — Nigerian fintech startup Nearpays won the United Nations' 'AI for Good Innovation Factory' grand finale, it was…</li><li><strong>High Court Orders Safaricom to Pay KSh 1.4 Billion for IP Infringement on Mobile Wallet Idea</strong> — The Kenyan High Court has ordered Safaricom to pay innovator Peter Nthei Muoki KSh 1.4 billion (approx.</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:00 AIsa Raises $6.5M to Build Transaction Network for AI Agent Economy, Integrates…<br/>01:40 Agentic Payments Go Live, Riding Stablecoins as Invisible Rails for Conversatio…<br/>02:25 UK Places AWS, Google, Microsoft, and Oracle Under Direct Financial Sector Supe…<br/>03:02 Circle Secures Federal Trust Charter, Legitimizing USDC as Regulated Settlement…<br/>03:42 Central Bank of Central African States (BEAC) Joins Pan-African Payment System…<br/>04:20 Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries<br/>04:54 Nigeria's FX Market Turnover Plummets 47% in One Week<br/>05:27 Fintech Startup Future Forex Challenges South African Banks on FX Margins<br/>06:00 SARB Confirms Development of Crypto Regulatory Frameworks<br/>06:32 Nigerian Fintech Nearpays Wins UN 'AI for Good' Award for Tap-on-Phone Payment…<br/>07:03 High Court Orders Safaricom to Pay KSh 1.4 Billion for IP Infringement on Mobil…<br/>07:36 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-13/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-13/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-13.mp3" length="4050646" type="audio/mpeg"/>
      <pubDate>Mon, 13 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: The protocol race for autonomous checkout is accelerating. With Visa, Stripe, and Google already deploying agentic commerce tools, Mastercard is now stepping in with dedicated AI payment rails that lean heavil</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: The protocol race for autonomous checkout is accelerating. With Visa, Stripe, and Google already deploying agentic commerce tools, Mastercard is now stepping in with dedicated AI payment rails that lean heavily on stablecoins for micro-settlement. We are also tracking a sharp reversal in Nigeria's recently stabilized FX liquidity, and a major expansion of direct Yuan clearing across 19 The Settlement Layer markets.

In this episode:
• Mastercard Launches 'Agent Pay for Machines,' Adds Stablecoin Rails for AI Microtransactions
• AIsa Raises $6.5M to Build Transaction Network for AI Agent Economy, Integrates Stablecoin Settlement
• Agentic Payments Go Live, Riding Stablecoins as Invisible Rails for Conversational Commerce
• UK Places AWS, Google, Microsoft, and Oracle Under Direct Financial Sector Supervision
• Circle Secures Federal Trust Charter, Legitimizing USDC as Regulated Settlement Infrastructure
• Central Bank of Central African States (BEAC) Joins Pan-African Payment System PAPSS
• Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries
• Nigeria's FX Market Turnover Plummets 47% in One Week
• Fintech Startup Future Forex Challenges South African Banks on FX Margins
• SARB Confirms Development of Crypto Regulatory Frameworks
• Nigerian Fintech Nearpays Wins UN 'AI for Good' Award for Tap-on-Phone Payment Tech
• High Court Orders Safaricom to Pay KSh 1.4 Billion for IP Infringement on Mobile Wallet Idea

Chapters:
00:00 Intro
01:00 AIsa Raises $6.5M to Build Transaction Network for AI Agent Economy, Integrates…
01:40 Agentic Payments Go Live, Riding Stablecoins as Invisible Rails for Conversatio…
02:25 UK Places AWS, Google, Microsoft, and Oracle Under Direct Financial Sector Supe…
03:02 Circle Secures Federal Trust Charter, Legitimizing USDC as Regulated Settlement…
03:42 Central Bank of Central African States (BEAC) Joins Pan-African Payment System…
04:20 Standard Bank Authorized to Clear Yuan Payments Across 19 African Countries
04:54 Nigeria's FX Market Turnover Plummets 47% in One Week
05:27 Fintech Startup Future Forex Challenges South African Banks on FX Margins
06:00 SARB Confirms Development of Crypto Regulatory Frameworks
06:32 Nigerian Fintech Nearpays Wins UN 'AI for Good' Award for Tap-on-Phone Payment…
07:03 High Court Orders Safaricom to Pay KSh 1.4 Billion for IP Infringement on Mobil…
07:36 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-13/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>11</itunes:episode>
      <itunes:title>Jul 13: Mastercard Launches 'Agent Pay for Machines,' Adds Stablecoin Rails for AI Microtransac…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 12: Stripe's 'Adaptive Checkout' Uses AI to Personalize Payment Options, Boosting Conversions</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-12/</link>
      <description>Today on The Settlement Layer: The 'agentic commerce' shift we flagged earlier this month is rapidly gaining infrastructure, with Google, Meta, and Shopify joining the push to build protocols for AI-driven checkout. We are also watching Stripe deepen its AI stack with adaptive checkout personalization. On the risk side, the fraud arms race continues to escalate: Nigerian fintechs face real-time deepfakes capable of bypassing dynamic KYC liveness checks, and a massive transnational sting in Uganda has exposed severe vulnerabilities in regional telecom networks.

In this episode:
• Stripe's 'Adaptive Checkout' Uses AI to Personalize Payment Options, Boosting Conversions
• AI Deepfake Scam Bypasses Fintech KYC Liveness Checks in Nigeria
• Major Platforms Push 'Agentic Commerce' Protocols for AI-Powered Shopping
• VALR and Onafriq Partner to Link Mobile Money to Crypto Across Africa
• Kenya's FATF Grey-Listing Triggers Service Restrictions from Fintechs
• Uganda Detains Over 1,000 in Continent's Largest Cyber Fraud Bust
• Nigerian Fintech Gigbanc Shuts Down, Citing High Costs and Funding Drought
• Kenya Finalizes Draft VASP Regulations with 30% Local Reserve Mandate
• SARB Prioritizes PayShap Over Digital Rand for Real-Time Payments
• Standard Bank's Renminbi Clearing Mandate to Streamline Africa-China Trade
• AWS and NVIDIA Deepen Partnership to Accelerate AI Workloads
• Kenyan MPs Stand By Proposal to Exempt Mobile Money Fees from 16% VAT
• CBN Upgrades OPay, Moniepoint, Others to National Licenses in Nigeria
• Tanzania Increases Digital Services Tax, Imposes New VAT Rules on Marketplaces

Chapters:
00:00 Intro
00:55 AI Deepfake Scam Bypasses Fintech KYC Liveness Checks in Nigeria
01:35 Major Platforms Push 'Agentic Commerce' Protocols for AI-Powered Shopping
02:18 VALR and Onafriq Partner to Link Mobile Money to Crypto Across Africa
02:54 Kenya's FATF Grey-Listing Triggers Service Restrictions from Fintechs
03:28 Uganda Detains Over 1,000 in Continent's Largest Cyber Fraud Bust
04:02 Nigerian Fintech Gigbanc Shuts Down, Citing High Costs and Funding Drought
04:37 Kenya Finalizes Draft VASP Regulations with 30% Local Reserve Mandate
05:09 SARB Prioritizes PayShap Over Digital Rand for Real-Time Payments
05:39 Standard Bank's Renminbi Clearing Mandate to Streamline Africa-China Trade
06:09 AWS and NVIDIA Deepen Partnership to Accelerate AI Workloads
06:40 Kenyan MPs Stand By Proposal to Exempt Mobile Money Fees from 16% VAT
07:10 CBN Upgrades OPay, Moniepoint, Others to National Licenses in Nigeria
08:09 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-12/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: The 'agentic commerce' shift we flagged earlier this month is rapidly gaining infrastructure, with Google, Meta, and Shopify joining the push to build protocols for AI-driven checkout. We are also watching Stripe deepen its AI stack with adaptive checkout personalization. On the risk side, the fraud arms race continues to escalate: Nigerian fintechs face real-time deepfakes capable of bypassing dynamic KYC liveness checks, and a massive transnational sting in Uganda has exposed severe vulnerabilities in regional telecom networks.</p><h3>In this episode</h3><ul><li><strong>Stripe's 'Adaptive Checkout' Uses AI to Personalize Payment Options, Boosting Conversions</strong> — Stripe has launched Adaptive Checkout, an AI-powered feature that dynamically reorders payment methods for each shopper…</li><li><strong>AI Deepfake Scam Bypasses Fintech KYC Liveness Checks in Nigeria</strong> — The AI arms race we've been tracking in African fraud detection has escalated.</li><li><strong>Major Platforms Push 'Agentic Commerce' Protocols for AI-Powered Shopping</strong> — Following the early 'agentic commerce' moves from Visa and Stripe we tracked this month, the infrastructure for AI-led…</li><li><strong>VALR and Onafriq Partner to Link Mobile Money to Crypto Across Africa</strong> — VALR, Africa's largest crypto exchange, has partnered with Onafriq, the continent's largest digital payments network…</li><li><strong>Kenya's FATF Grey-Listing Triggers Service Restrictions from Fintechs</strong> — Kenya's continued presence on the Financial Action Task Force (FATF) grey list is leading to tangible consequences for…</li><li><strong>Uganda Detains Over 1,000 in Continent's Largest Cyber Fraud Bust</strong> — In what's being described as Uganda's largest-ever transnational cybercrime bust, authorities have detained over 1,000…</li><li><strong>Nigerian Fintech Gigbanc Shuts Down, Citing High Costs and Funding Drought</strong> — Nigerian fintech Gigbanc, which provided cross-border payment solutions for freelancers and businesses, is winding down…</li><li><strong>Kenya Finalizes Draft VASP Regulations with 30% Local Reserve Mandate</strong> — Kenya's National Treasury has released its draft Virtual Asset Service Provider (VASP) regulations for public comment.</li><li><strong>SARB Prioritizes PayShap Over Digital Rand for Real-Time Payments</strong> — Adding to the recent momentum behind PayShap—including its integration with South Africa's upgraded national QR code…</li><li><strong>Standard Bank's Renminbi Clearing Mandate to Streamline Africa-China Trade</strong> — Standard Bank has secured a mandate to clear renminbi (RMB) transactions, positioning it to directly facilitate the…</li><li><strong>AWS and NVIDIA Deepen Partnership to Accelerate AI Workloads</strong> — AWS and NVIDIA have expanded their collaboration to enhance AI deployment and performance.</li><li><strong>Kenyan MPs Stand By Proposal to Exempt Mobile Money Fees from 16% VAT</strong> — As Kenya's Finance Bill 2026 advances, MPs are maintaining the amendment we've been tracking to exempt mobile money…</li><li><strong>CBN Upgrades OPay, Moniepoint, Others to National Licenses in Nigeria</strong> — The Central Bank of Nigeria (CBN) has upgraded the licenses of several major fintechs, including OPay, Moniepoint, Kuda…</li><li><strong>Tanzania Increases Digital Services Tax, Imposes New VAT Rules on Marketplaces</strong> — Effective July 1, Tanzania's Finance Act 2026 has increased the income tax rate for non-resident electronic service…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:55 AI Deepfake Scam Bypasses Fintech KYC Liveness Checks in Nigeria<br/>01:35 Major Platforms Push 'Agentic Commerce' Protocols for AI-Powered Shopping<br/>02:18 VALR and Onafriq Partner to Link Mobile Money to Crypto Across Africa<br/>02:54 Kenya's FATF Grey-Listing Triggers Service Restrictions from Fintechs<br/>03:28 Uganda Detains Over 1,000 in Continent's Largest Cyber Fraud Bust<br/>04:02 Nigerian Fintech Gigbanc Shuts Down, Citing High Costs and Funding Drought<br/>04:37 Kenya Finalizes Draft VASP Regulations with 30% Local Reserve Mandate<br/>05:09 SARB Prioritizes PayShap Over Digital Rand for Real-Time Payments<br/>05:39 Standard Bank's Renminbi Clearing Mandate to Streamline Africa-China Trade<br/>06:09 AWS and NVIDIA Deepen Partnership to Accelerate AI Workloads<br/>06:40 Kenyan MPs Stand By Proposal to Exempt Mobile Money Fees from 16% VAT<br/>07:10 CBN Upgrades OPay, Moniepoint, Others to National Licenses in Nigeria<br/>08:09 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-12/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-12/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-12.mp3" length="4313643" type="audio/mpeg"/>
      <pubDate>Sun, 12 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: The 'agentic commerce' shift we flagged earlier this month is rapidly gaining infrastructure, with Google, Meta, and Shopify joining the push to build protocols for AI-driven checkout. We are also watching Str</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: The 'agentic commerce' shift we flagged earlier this month is rapidly gaining infrastructure, with Google, Meta, and Shopify joining the push to build protocols for AI-driven checkout. We are also watching Stripe deepen its AI stack with adaptive checkout personalization. On the risk side, the fraud arms race continues to escalate: Nigerian fintechs face real-time deepfakes capable of bypassing dynamic KYC liveness checks, and a massive transnational sting in Uganda has exposed severe vulnerabilities in regional telecom networks.

In this episode:
• Stripe's 'Adaptive Checkout' Uses AI to Personalize Payment Options, Boosting Conversions
• AI Deepfake Scam Bypasses Fintech KYC Liveness Checks in Nigeria
• Major Platforms Push 'Agentic Commerce' Protocols for AI-Powered Shopping
• VALR and Onafriq Partner to Link Mobile Money to Crypto Across Africa
• Kenya's FATF Grey-Listing Triggers Service Restrictions from Fintechs
• Uganda Detains Over 1,000 in Continent's Largest Cyber Fraud Bust
• Nigerian Fintech Gigbanc Shuts Down, Citing High Costs and Funding Drought
• Kenya Finalizes Draft VASP Regulations with 30% Local Reserve Mandate
• SARB Prioritizes PayShap Over Digital Rand for Real-Time Payments
• Standard Bank's Renminbi Clearing Mandate to Streamline Africa-China Trade
• AWS and NVIDIA Deepen Partnership to Accelerate AI Workloads
• Kenyan MPs Stand By Proposal to Exempt Mobile Money Fees from 16% VAT
• CBN Upgrades OPay, Moniepoint, Others to National Licenses in Nigeria
• Tanzania Increases Digital Services Tax, Imposes New VAT Rules on Marketplaces

Chapters:
00:00 Intro
00:55 AI Deepfake Scam Bypasses Fintech KYC Liveness Checks in Nigeria
01:35 Major Platforms Push 'Agentic Commerce' Protocols for AI-Powered Shopping
02:18 VALR and Onafriq Partner to Link Mobile Money to Crypto Across Africa
02:54 Kenya's FATF Grey-Listing Triggers Service Restrictions from Fintechs
03:28 Uganda Detains Over 1,000 in Continent's Largest Cyber Fraud Bust
04:02 Nigerian Fintech Gigbanc Shuts Down, Citing High Costs and Funding Drought
04:37 Kenya Finalizes Draft VASP Regulations with 30% Local Reserve Mandate
05:09 SARB Prioritizes PayShap Over Digital Rand for Real-Time Payments
05:39 Standard Bank's Renminbi Clearing Mandate to Streamline Africa-China Trade
06:09 AWS and NVIDIA Deepen Partnership to Accelerate AI Workloads
06:40 Kenyan MPs Stand By Proposal to Exempt Mobile Money Fees from 16% VAT
07:10 CBN Upgrades OPay, Moniepoint, Others to National Licenses in Nigeria
08:09 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-12/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>10</itunes:episode>
      <itunes:title>Jul 12: Stripe's 'Adaptive Checkout' Uses AI to Personalize Payment Options, Boosting Conversions</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 11: South Africa's Prudential Authority Pushes to Open National Payments System to Non-Bank…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-11/</link>
      <description>Today on The Settlement Layer: Direct access to South Africa's national payment rails could soon extend beyond traditional banks. The central bank's Prudential Authority is actively pushing to let retailers and telcos onto the system, a move that would fundamentally alter ZAR settlement mechanics and break the longstanding sponsorship model. We also dig into the specific attack vectors driving the 2.54% AI fraud rate currently hammering the continent's digital merchants, and track a new bilateral linkage between Rwanda and Tanzania.

In this episode:
• South Africa's Prudential Authority Pushes to Open National Payments System to Non-Bank Entities
• As Algorithms Shape Financial Inclusion in Nigeria, Accountability Questions Mount
• AI-Powered Fraud Projections Worsen as Financial Firms Overhaul Defenses
• Moniepoint Details How Real-Time Payments Transformed Nigeria's $11B Food Service Sector
• Africa Becomes Global Hotspot for iGaming Fraud, Driven by AI-Assisted Identity Misuse
• South Africa's Digital Payments Evolution: From Screen-Scraping to Direct Bank APIs
• Tanzania and Rwanda Link National Payment Systems for Real-Time Cross-Border Transfers
• Accrue Launches Stablecoin-Powered B2B Banking Platform for African SMEs
• Morocco Caps E-Payment Fees at 0.15% for Small Businesses to Drive Digital Adoption
• Circle Argues Mobile Money Frameworks Can Serve as Blueprint for Stablecoin Regulation in Africa
• Safaricom May Need Government Approval for Future Expansion Beyond Kenya and Ethiopia
• UK Designates AWS as a 'Critical Third Party', Placing it Under Direct Financial Regulation

Chapters:
00:00 Intro
00:55 As Algorithms Shape Financial Inclusion in Nigeria, Accountability Questions Mo…
01:36 AI-Powered Fraud Projections Worsen as Financial Firms Overhaul Defenses
02:23 Moniepoint Details How Real-Time Payments Transformed Nigeria's $11B Food Servi…
03:02 Africa Becomes Global Hotspot for iGaming Fraud, Driven by AI-Assisted Identity…
03:45 South Africa's Digital Payments Evolution: From Screen-Scraping to Direct Bank…
04:23 Tanzania and Rwanda Link National Payment Systems for Real-Time Cross-Border Tr…
04:59 Accrue Launches Stablecoin-Powered B2B Banking Platform for African SMEs
05:35 Morocco Caps E-Payment Fees at 0.15% for Small Businesses to Drive Digital Adop…
06:08 Circle Argues Mobile Money Frameworks Can Serve as Blueprint for Stablecoin Reg…
06:43 Safaricom May Need Government Approval for Future Expansion Beyond Kenya and Et…
07:20 UK Designates AWS as a 'Critical Third Party', Placing it Under Direct Financia…
07:54 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-11/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: Direct access to South Africa's national payment rails could soon extend beyond traditional banks. The central bank's Prudential Authority is actively pushing to let retailers and telcos onto the system, a move that would fundamentally alter ZAR settlement mechanics and break the longstanding sponsorship model. We also dig into the specific attack vectors driving the 2.54% AI fraud rate currently hammering the continent's digital merchants, and track a new bilateral linkage between Rwanda and Tanzania.</p><h3>In this episode</h3><ul><li><strong>South Africa's Prudential Authority Pushes to Open National Payments System to Non-Bank Entities</strong> — Fundi Tshazibana, CEO of South Africa's Prudential Authority, announced on Saturday that the central bank is actively…</li><li><strong>As Algorithms Shape Financial Inclusion in Nigeria, Accountability Questions Mount</strong> — In Nigeria's digital economy, algorithms are increasingly central to financial decisions, from credit scoring to fraud…</li><li><strong>AI-Powered Fraud Projections Worsen as Financial Firms Overhaul Defenses</strong> — As the AI-driven fraud arms race we've been tracking intensifies, financial firms are facing stark new projections.</li><li><strong>Moniepoint Details How Real-Time Payments Transformed Nigeria's $11B Food Service Sector</strong> — A case study released on Friday by Moniepoint Inc.</li><li><strong>Africa Becomes Global Hotspot for iGaming Fraud, Driven by AI-Assisted Identity Misuse</strong> — Building on the recent Sumsub data we highlighted—which pegged Africa's overall fraud rate at a global high of 2.54%—a…</li><li><strong>South Africa's Digital Payments Evolution: From Screen-Scraping to Direct Bank APIs</strong> — An analysis on Friday from Wesley Fetter, an OLP Product Manager at Ecentric, frames the evolution of South Africa's…</li><li><strong>Tanzania and Rwanda Link National Payment Systems for Real-Time Cross-Border Transfers</strong> — Rwanda and Tanzania are moving forward with a Proof of Concept (PoC) to interconnect their national instant payment…</li><li><strong>Accrue Launches Stablecoin-Powered B2B Banking Platform for African SMEs</strong> — Accrue, a fintech company, launched Accrue Business on Friday, a banking platform designed for African SMEs that uses…</li><li><strong>Morocco Caps E-Payment Fees at 0.15% for Small Businesses to Drive Digital Adoption</strong> — Morocco's central bank, Bank Al-Maghrib, has implemented a 0.15% cap on electronic payment fees for small retailers and…</li><li><strong>Circle Argues Mobile Money Frameworks Can Serve as Blueprint for Stablecoin Regulation in Africa</strong> — In a report highlighted on Friday, USDC-issuer Circle argues that African countries with established mobile money…</li><li><strong>Safaricom May Need Government Approval for Future Expansion Beyond Kenya and Ethiopia</strong> — Ahead of the July 31 Safaricom shareholder vote we've been tracking, new details clarify the proposed governance…</li><li><strong>UK Designates AWS as a 'Critical Third Party', Placing it Under Direct Financial Regulation</strong> — The UK government has formally designated Amazon Web Services (AWS), along with Microsoft, Google Cloud, and Oracle, as…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:55 As Algorithms Shape Financial Inclusion in Nigeria, Accountability Questions Mo…<br/>01:36 AI-Powered Fraud Projections Worsen as Financial Firms Overhaul Defenses<br/>02:23 Moniepoint Details How Real-Time Payments Transformed Nigeria's $11B Food Servi…<br/>03:02 Africa Becomes Global Hotspot for iGaming Fraud, Driven by AI-Assisted Identity…<br/>03:45 South Africa's Digital Payments Evolution: From Screen-Scraping to Direct Bank…<br/>04:23 Tanzania and Rwanda Link National Payment Systems for Real-Time Cross-Border Tr…<br/>04:59 Accrue Launches Stablecoin-Powered B2B Banking Platform for African SMEs<br/>05:35 Morocco Caps E-Payment Fees at 0.15% for Small Businesses to Drive Digital Adop…<br/>06:08 Circle Argues Mobile Money Frameworks Can Serve as Blueprint for Stablecoin Reg…<br/>06:43 Safaricom May Need Government Approval for Future Expansion Beyond Kenya and Et…<br/>07:20 UK Designates AWS as a 'Critical Third Party', Placing it Under Direct Financia…<br/>07:54 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-11/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-11/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-11.mp3" length="4113009" type="audio/mpeg"/>
      <pubDate>Sat, 11 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: Direct access to South Africa's national payment rails could soon extend beyond traditional banks. The central bank's Prudential Authority is actively pushing to let retailers and telcos onto the system, a mov</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: Direct access to South Africa's national payment rails could soon extend beyond traditional banks. The central bank's Prudential Authority is actively pushing to let retailers and telcos onto the system, a move that would fundamentally alter ZAR settlement mechanics and break the longstanding sponsorship model. We also dig into the specific attack vectors driving the 2.54% AI fraud rate currently hammering the continent's digital merchants, and track a new bilateral linkage between Rwanda and Tanzania.

In this episode:
• South Africa's Prudential Authority Pushes to Open National Payments System to Non-Bank Entities
• As Algorithms Shape Financial Inclusion in Nigeria, Accountability Questions Mount
• AI-Powered Fraud Projections Worsen as Financial Firms Overhaul Defenses
• Moniepoint Details How Real-Time Payments Transformed Nigeria's $11B Food Service Sector
• Africa Becomes Global Hotspot for iGaming Fraud, Driven by AI-Assisted Identity Misuse
• South Africa's Digital Payments Evolution: From Screen-Scraping to Direct Bank APIs
• Tanzania and Rwanda Link National Payment Systems for Real-Time Cross-Border Transfers
• Accrue Launches Stablecoin-Powered B2B Banking Platform for African SMEs
• Morocco Caps E-Payment Fees at 0.15% for Small Businesses to Drive Digital Adoption
• Circle Argues Mobile Money Frameworks Can Serve as Blueprint for Stablecoin Regulation in Africa
• Safaricom May Need Government Approval for Future Expansion Beyond Kenya and Ethiopia
• UK Designates AWS as a 'Critical Third Party', Placing it Under Direct Financial Regulation

Chapters:
00:00 Intro
00:55 As Algorithms Shape Financial Inclusion in Nigeria, Accountability Questions Mo…
01:36 AI-Powered Fraud Projections Worsen as Financial Firms Overhaul Defenses
02:23 Moniepoint Details How Real-Time Payments Transformed Nigeria's $11B Food Servi…
03:02 Africa Becomes Global Hotspot for iGaming Fraud, Driven by AI-Assisted Identity…
03:45 South Africa's Digital Payments Evolution: From Screen-Scraping to Direct Bank…
04:23 Tanzania and Rwanda Link National Payment Systems for Real-Time Cross-Border Tr…
04:59 Accrue Launches Stablecoin-Powered B2B Banking Platform for African SMEs
05:35 Morocco Caps E-Payment Fees at 0.15% for Small Businesses to Drive Digital Adop…
06:08 Circle Argues Mobile Money Frameworks Can Serve as Blueprint for Stablecoin Reg…
06:43 Safaricom May Need Government Approval for Future Expansion Beyond Kenya and Et…
07:20 UK Designates AWS as a 'Critical Third Party', Placing it Under Direct Financia…
07:54 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-11/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>9</itunes:episode>
      <itunes:title>Jul 11: South Africa's Prudential Authority Pushes to Open National Payments System to Non-Bank…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 10: AI-Driven Fraud Surges in South Africa as Regulators Demand Auditable AI Defenses</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-10/</link>
      <description>Today on The Settlement Layer: The AI fraud crisis we've been tracking is triggering a severe regulatory backlash. In South Africa, new mandates are forcing platforms to provide transparent audit trails for their defensive AI models, adding heavy compliance requirements to the technical challenge of stopping synthetic identity attacks. Meanwhile, Nigeria's payment ecosystem is facing similar pressures, as transaction volumes surge and industry leaders push for unified defense frameworks.

In this episode:
• AI-Driven Fraud Surges in South Africa as Regulators Demand Auditable AI Defenses
• AI-Powered Fraud Overwhelms Nigeria's Digital Payment Systems, Experts Urge Unified Defense
• Central Africa's Banking Authority (BEAC) Joins PAPSS, Integrating CEMAC Region
• South Africa Tightens Rules on Offshore IP Transfers and VAT for E-Services
• South Africa's COFI Bill Pushes to Unify Siloed Anti-Fraud Systems
• PawaPay Hits 3 Billion Transactions as Mobile Money Shifts to B2B Payments
• AWS Updates Service Terms, Prohibits Crypto Mining
• Nigeria's Forex Market Turnover Hits $46.4B in Four Months as Naira Stabilizes
• Binance Report: Africa Leads in Utility-Driven Crypto Adoption
• Safaricom Governance Vote Looms, Threatening Kenyan Government's Veto Power
• Flutterwave and PayPal's Xoom Partner to Speed Up Remittances to Nigeria
• Zimbabwe Formalizes Crypto Regulation with New VASP Framework

Chapters:
00:00 Intro
00:58 AI-Powered Fraud Overwhelms Nigeria's Digital Payment Systems, Experts Urge Uni…
01:43 Central Africa's Banking Authority (BEAC) Joins PAPSS, Integrating CEMAC Region
02:18 South Africa Tightens Rules on Offshore IP Transfers and VAT for E-Services
02:58 South Africa's COFI Bill Pushes to Unify Siloed Anti-Fraud Systems
03:39 PawaPay Hits 3 Billion Transactions as Mobile Money Shifts to B2B Payments
04:14 AWS Updates Service Terms, Prohibits Crypto Mining
04:51 Nigeria's Forex Market Turnover Hits $46.4B in Four Months as Naira Stabilizes
05:24 Binance Report: Africa Leads in Utility-Driven Crypto Adoption
05:59 Safaricom Governance Vote Looms, Threatening Kenyan Government's Veto Power
06:32 Flutterwave and PayPal's Xoom Partner to Speed Up Remittances to Nigeria
07:34 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-10/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: The AI fraud crisis we've been tracking is triggering a severe regulatory backlash. In South Africa, new mandates are forcing platforms to provide transparent audit trails for their defensive AI models, adding heavy compliance requirements to the technical challenge of stopping synthetic identity attacks. Meanwhile, Nigeria's payment ecosystem is facing similar pressures, as transaction volumes surge and industry leaders push for unified defense frameworks.</p><h3>In this episode</h3><ul><li><strong>AI-Driven Fraud Surges in South Africa as Regulators Demand Auditable AI Defenses</strong> — As the AI-driven fraud arms race we've been tracking escalates, South Africa is emerging as a critical front.</li><li><strong>AI-Powered Fraud Overwhelms Nigeria's Digital Payment Systems, Experts Urge Unified Defense</strong> — Echoing the push for unified fraud defense we recently saw in Ghana, experts in Nigeria are warning that the country's…</li><li><strong>Central Africa's Banking Authority (BEAC) Joins PAPSS, Integrating CEMAC Region</strong> — Following Afreximbank's recent push for wider adoption, the Bank of Central African States (BEAC) has officially joined…</li><li><strong>South Africa Tightens Rules on Offshore IP Transfers and VAT for E-Services</strong> — South Africa is increasing scrutiny on cross-border financial flows.</li><li><strong>South Africa's COFI Bill Pushes to Unify Siloed Anti-Fraud Systems</strong> — With an estimated R100bn lost annually to financial crime, South Africa's pending Conduct of Financial Institutions…</li><li><strong>PawaPay Hits 3 Billion Transactions as Mobile Money Shifts to B2B Payments</strong> — Mobile money aggregator PawaPay announced on Friday it has processed three billion transactions, with daily volumes…</li><li><strong>AWS Updates Service Terms, Prohibits Crypto Mining</strong> — Amazon Web Services updated its Service Terms on Thursday, making several key changes.</li><li><strong>Nigeria's Forex Market Turnover Hits $46.4B in Four Months as Naira Stabilizes</strong> — Nigeria's official foreign exchange market recorded a turnover of $46.37 billion between March and June 2026, according…</li><li><strong>Binance Report: Africa Leads in Utility-Driven Crypto Adoption</strong> — A Binance report published Thursday states that Africa is becoming a global leader in the practical, utility-driven use…</li><li><strong>Safaricom Governance Vote Looms, Threatening Kenyan Government's Veto Power</strong> — Safaricom shareholders are set to vote on July 31 on significant governance reforms following Vodacom's acquisition of…</li><li><strong>Flutterwave and PayPal's Xoom Partner to Speed Up Remittances to Nigeria</strong> — Flutterwave has partnered with PayPal's cross-border transfer service, Xoom, to accelerate remittances into Nigeria.</li><li><strong>Zimbabwe Formalizes Crypto Regulation with New VASP Framework</strong> — Zimbabwe has officially moved to regulate virtual asset service providers (VASPs) with the publication of Statutory…</li></ul><p>Chapters:<br/>00:00 Intro<br/>00:58 AI-Powered Fraud Overwhelms Nigeria's Digital Payment Systems, Experts Urge Uni…<br/>01:43 Central Africa's Banking Authority (BEAC) Joins PAPSS, Integrating CEMAC Region<br/>02:18 South Africa Tightens Rules on Offshore IP Transfers and VAT for E-Services<br/>02:58 South Africa's COFI Bill Pushes to Unify Siloed Anti-Fraud Systems<br/>03:39 PawaPay Hits 3 Billion Transactions as Mobile Money Shifts to B2B Payments<br/>04:14 AWS Updates Service Terms, Prohibits Crypto Mining<br/>04:51 Nigeria's Forex Market Turnover Hits $46.4B in Four Months as Naira Stabilizes<br/>05:24 Binance Report: Africa Leads in Utility-Driven Crypto Adoption<br/>05:59 Safaricom Governance Vote Looms, Threatening Kenyan Government's Veto Power<br/>06:32 Flutterwave and PayPal's Xoom Partner to Speed Up Remittances to Nigeria<br/>07:34 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-10/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-10/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-10.mp3" length="3973489" type="audio/mpeg"/>
      <pubDate>Fri, 10 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: The AI fraud crisis we've been tracking is triggering a severe regulatory backlash. In South Africa, new mandates are forcing platforms to provide transparent audit trails for their defensive AI models, adding</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: The AI fraud crisis we've been tracking is triggering a severe regulatory backlash. In South Africa, new mandates are forcing platforms to provide transparent audit trails for their defensive AI models, adding heavy compliance requirements to the technical challenge of stopping synthetic identity attacks. Meanwhile, Nigeria's payment ecosystem is facing similar pressures, as transaction volumes surge and industry leaders push for unified defense frameworks.

In this episode:
• AI-Driven Fraud Surges in South Africa as Regulators Demand Auditable AI Defenses
• AI-Powered Fraud Overwhelms Nigeria's Digital Payment Systems, Experts Urge Unified Defense
• Central Africa's Banking Authority (BEAC) Joins PAPSS, Integrating CEMAC Region
• South Africa Tightens Rules on Offshore IP Transfers and VAT for E-Services
• South Africa's COFI Bill Pushes to Unify Siloed Anti-Fraud Systems
• PawaPay Hits 3 Billion Transactions as Mobile Money Shifts to B2B Payments
• AWS Updates Service Terms, Prohibits Crypto Mining
• Nigeria's Forex Market Turnover Hits $46.4B in Four Months as Naira Stabilizes
• Binance Report: Africa Leads in Utility-Driven Crypto Adoption
• Safaricom Governance Vote Looms, Threatening Kenyan Government's Veto Power
• Flutterwave and PayPal's Xoom Partner to Speed Up Remittances to Nigeria
• Zimbabwe Formalizes Crypto Regulation with New VASP Framework

Chapters:
00:00 Intro
00:58 AI-Powered Fraud Overwhelms Nigeria's Digital Payment Systems, Experts Urge Uni…
01:43 Central Africa's Banking Authority (BEAC) Joins PAPSS, Integrating CEMAC Region
02:18 South Africa Tightens Rules on Offshore IP Transfers and VAT for E-Services
02:58 South Africa's COFI Bill Pushes to Unify Siloed Anti-Fraud Systems
03:39 PawaPay Hits 3 Billion Transactions as Mobile Money Shifts to B2B Payments
04:14 AWS Updates Service Terms, Prohibits Crypto Mining
04:51 Nigeria's Forex Market Turnover Hits $46.4B in Four Months as Naira Stabilizes
05:24 Binance Report: Africa Leads in Utility-Driven Crypto Adoption
05:59 Safaricom Governance Vote Looms, Threatening Kenyan Government's Veto Power
06:32 Flutterwave and PayPal's Xoom Partner to Speed Up Remittances to Nigeria
07:34 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-10/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>8</itunes:episode>
      <itunes:title>Jul 10: AI-Driven Fraud Surges in South Africa as Regulators Demand Auditable AI Defenses</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 9: Revolut's 'PRAGMA' AI Model Boosts Fraud Detection by 64.7%, Automates Support</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-09/</link>
      <description>Today on The Settlement Layer: Large-scale AI implementations are beginning to show hard ROI in core financial operations, highlighted by a 64% uplift in Revolut’s proprietary fraud detection modeling. Meanwhile, Nigeria's Central Bank is pushing through stringent new infrastructure and data requirements for domestic payment rails, even as the broader government attempts to pause digital rulemaking.

In this episode:
• Revolut's 'PRAGMA' AI Model Boosts Fraud Detection by 64.7%, Automates Support
• AI-Powered Automation for Card Disputes Goes Mainstream with New Partnership
• Nigeria's Central Bank Tightens Payment Rail Regulations with ISO 20022 Mandate and Real-Time AML
• South Africa Upgrades QR Code Standard for Full Interoperability, Integrates with PayShap
• New Onchain FX Platform 'HyperFX' Launches for Instant Naira Settlement Using Regulated cNGN Stablecoin
• Fraud in Ghana Shifts to Digital Channels, with PSPs Accounting for 97% of Cases
• Nigerian Crypto Processor Moves to Pay-As-You-Go Model to Boost Merchant Adoption
• Graph Databases Emerge as a Tool to Detect Organized Fraud Rings
• Kenyan MPs Scrap Proposed 16% VAT on Mobile Money Transfer Fees
• SARB Proposes 'Cash Smart Strategy' to Overhaul South Africa's $5.5B Annual Cash Costs
• Nigeria Proposes Stricter Ring-Fencing Rules for Financial Groups
• Cloud Provider AFRICLOUD Enables Mobile Money Payments for Hosting in 11 Countries

Chapters:
00:00 Intro
01:19 AI-Powered Automation for Card Disputes Goes Mainstream with New Partnership
02:04 Nigeria's Central Bank Tightens Payment Rail Regulations with ISO 20022 Mandate…
02:48 South Africa Upgrades QR Code Standard for Full Interoperability, Integrates wi…
03:29 New Onchain FX Platform 'HyperFX' Launches for Instant Naira Settlement Using R…
04:11 Fraud in Ghana Shifts to Digital Channels, with PSPs Accounting for 97% of Cases
04:56 Nigerian Crypto Processor Moves to Pay-As-You-Go Model to Boost Merchant Adopti…
05:37 Graph Databases Emerge as a Tool to Detect Organized Fraud Rings
06:17 Kenyan MPs Scrap Proposed 16% VAT on Mobile Money Transfer Fees
06:54 SARB Proposes 'Cash Smart Strategy' to Overhaul South Africa's $5.5B Annual Cas…
07:32 Nigeria Proposes Stricter Ring-Fencing Rules for Financial Groups
08:08 Cloud Provider AFRICLOUD Enables Mobile Money Payments for Hosting in 11 Countr…
08:46 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-09/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: Large-scale AI implementations are beginning to show hard ROI in core financial operations, highlighted by a 64% uplift in Revolut’s proprietary fraud detection modeling. Meanwhile, Nigeria's Central Bank is pushing through stringent new infrastructure and data requirements for domestic payment rails, even as the broader government attempts to pause digital rulemaking.</p><h3>In this episode</h3><ul><li><strong>Revolut's 'PRAGMA' AI Model Boosts Fraud Detection by 64.7%, Automates Support</strong> — Revolut announced on Thursday that its proprietary AI foundation model, PRAGMA, has improved fraud detection by 64.7%…</li><li><strong>AI-Powered Automation for Card Disputes Goes Mainstream with New Partnership</strong> — Card issuer platform Episode Six and AI-powered dispute automation provider Decisionly announced a partnership on…</li><li><strong>Nigeria's Central Bank Tightens Payment Rail Regulations with ISO 20022 Mandate and Real-Time AML</strong> — Despite the Nigerian Federal Government's recent suspension of new digital regulations to draft a unified policy, the…</li><li><strong>South Africa Upgrades QR Code Standard for Full Interoperability, Integrates with PayShap</strong> — The South African Reserve Bank (SARB) has upgraded its QR+ standard to version 1.2, enabling a single, standardized QR…</li><li><strong>New Onchain FX Platform 'HyperFX' Launches for Instant Naira Settlement Using Regulated cNGN Stablecoin</strong> — Polytope Labs on Wednesday launched HyperFX, an onchain foreign exchange engine that enables instant currency swaps…</li><li><strong>Fraud in Ghana Shifts to Digital Channels, with PSPs Accounting for 97% of Cases</strong> — Putting hard numbers to the Bank of Ghana's recent call for a unified fraud prevention system, a new report discussed…</li><li><strong>Nigerian Crypto Processor Moves to Pay-As-You-Go Model to Boost Merchant Adoption</strong> — ForgeLayer, a Nigerian blockchain payment infrastructure provider, has switched from a fixed monthly subscription to a…</li><li><strong>Graph Databases Emerge as a Tool to Detect Organized Fraud Rings</strong> — A new system called 'Kavach,' detailed on Wednesday, uses a graph database (Neo4j) to model relationships between…</li><li><strong>Kenyan MPs Scrap Proposed 16% VAT on Mobile Money Transfer Fees</strong> — Kenyan Members of Parliament have proposed amendments to the Finance Bill, 2026, to exempt mobile money transfer fees…</li><li><strong>SARB Proposes 'Cash Smart Strategy' to Overhaul South Africa's $5.5B Annual Cash Costs</strong> — The South African Reserve Bank (SARB) is proposing a major overhaul of the country's cash system through its 'Cash…</li><li><strong>Nigeria Proposes Stricter Ring-Fencing Rules for Financial Groups</strong> — Following up on the CBN's proposed 20% capital buffer for Financial HoldCos we tracked earlier this week, a new…</li><li><strong>Cloud Provider AFRICLOUD Enables Mobile Money Payments for Hosting in 11 Countries</strong> — AFRICLOUD, a cloud infrastructure provider, announced on Thursday that it now accepts mobile money for cloud hosting…</li></ul><p>Chapters:<br/>00:00 Intro<br/>01:19 AI-Powered Automation for Card Disputes Goes Mainstream with New Partnership<br/>02:04 Nigeria's Central Bank Tightens Payment Rail Regulations with ISO 20022 Mandate…<br/>02:48 South Africa Upgrades QR Code Standard for Full Interoperability, Integrates wi…<br/>03:29 New Onchain FX Platform 'HyperFX' Launches for Instant Naira Settlement Using R…<br/>04:11 Fraud in Ghana Shifts to Digital Channels, with PSPs Accounting for 97% of Cases<br/>04:56 Nigerian Crypto Processor Moves to Pay-As-You-Go Model to Boost Merchant Adopti…<br/>05:37 Graph Databases Emerge as a Tool to Detect Organized Fraud Rings<br/>06:17 Kenyan MPs Scrap Proposed 16% VAT on Mobile Money Transfer Fees<br/>06:54 SARB Proposes 'Cash Smart Strategy' to Overhaul South Africa's $5.5B Annual Cas…<br/>07:32 Nigeria Proposes Stricter Ring-Fencing Rules for Financial Groups<br/>08:08 Cloud Provider AFRICLOUD Enables Mobile Money Payments for Hosting in 11 Countr…<br/>08:46 Wrap-up</p><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-09/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-09/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-09.mp3" length="4586306" type="audio/mpeg"/>
      <pubDate>Thu, 09 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: Large-scale AI implementations are beginning to show hard ROI in core financial operations, highlighted by a 64% uplift in Revolut’s proprietary fraud detection modeling. Meanwhile, Nigeria's Central Bank is p</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: Large-scale AI implementations are beginning to show hard ROI in core financial operations, highlighted by a 64% uplift in Revolut’s proprietary fraud detection modeling. Meanwhile, Nigeria's Central Bank is pushing through stringent new infrastructure and data requirements for domestic payment rails, even as the broader government attempts to pause digital rulemaking.

In this episode:
• Revolut's 'PRAGMA' AI Model Boosts Fraud Detection by 64.7%, Automates Support
• AI-Powered Automation for Card Disputes Goes Mainstream with New Partnership
• Nigeria's Central Bank Tightens Payment Rail Regulations with ISO 20022 Mandate and Real-Time AML
• South Africa Upgrades QR Code Standard for Full Interoperability, Integrates with PayShap
• New Onchain FX Platform 'HyperFX' Launches for Instant Naira Settlement Using Regulated cNGN Stablecoin
• Fraud in Ghana Shifts to Digital Channels, with PSPs Accounting for 97% of Cases
• Nigerian Crypto Processor Moves to Pay-As-You-Go Model to Boost Merchant Adoption
• Graph Databases Emerge as a Tool to Detect Organized Fraud Rings
• Kenyan MPs Scrap Proposed 16% VAT on Mobile Money Transfer Fees
• SARB Proposes 'Cash Smart Strategy' to Overhaul South Africa's $5.5B Annual Cash Costs
• Nigeria Proposes Stricter Ring-Fencing Rules for Financial Groups
• Cloud Provider AFRICLOUD Enables Mobile Money Payments for Hosting in 11 Countries

Chapters:
00:00 Intro
01:19 AI-Powered Automation for Card Disputes Goes Mainstream with New Partnership
02:04 Nigeria's Central Bank Tightens Payment Rail Regulations with ISO 20022 Mandate…
02:48 South Africa Upgrades QR Code Standard for Full Interoperability, Integrates wi…
03:29 New Onchain FX Platform 'HyperFX' Launches for Instant Naira Settlement Using R…
04:11 Fraud in Ghana Shifts to Digital Channels, with PSPs Accounting for 97% of Cases
04:56 Nigerian Crypto Processor Moves to Pay-As-You-Go Model to Boost Merchant Adopti…
05:37 Graph Databases Emerge as a Tool to Detect Organized Fraud Rings
06:17 Kenyan MPs Scrap Proposed 16% VAT on Mobile Money Transfer Fees
06:54 SARB Proposes 'Cash Smart Strategy' to Overhaul South Africa's $5.5B Annual Cas…
07:32 Nigeria Proposes Stricter Ring-Fencing Rules for Financial Groups
08:08 Cloud Provider AFRICLOUD Enables Mobile Money Payments for Hosting in 11 Countr…
08:46 Wrap-up

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-09/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>7</itunes:episode>
      <itunes:title>Jul 9: Revolut's 'PRAGMA' AI Model Boosts Fraud Detection by 64.7%, Automates Support</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 8: SARB to Increase Regulation of Cross-Border Payment Facilitators in South Africa</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-08/</link>
      <description>Today on The Settlement Layer: The The Settlement Layer payments ecosystem is seeing central authorities assert new boundaries over the digital economy. The South The Settlement Layer Reserve Bank is establishing formal oversight over previously unchecked cross-border aggregators, and Kenya has legislated an expanded crisis toolkit for its central bank. On the infrastructure side, the battle for stablecoin settlement dominance is accelerating, as Flutterwave rounds out its multi-rail treasury with a strategic USDC integration.

In this episode:
• SARB to Increase Regulation of Cross-Border Payment Facilitators in South Africa — The South African Reserve Bank (SARB) announced on Tuesday its intention to increase regulation of cross-border payment…
• Flutterwave Adds USDC Settlement with Strategic Investment from Circle — Hot on the heels of integrating Ripple's RLUSD, Flutterwave has secured a strategic investment from Circle Ventures to…
• PCI DSS v4.0.1 Mandates Stricter Control Over Checkout Scripts to Combat Web Skimming — The new PCI DSS v4.0.1 standard introduces stringent requirements to combat 'Magecart' style web-skimming attacks.
• Guide to High-Converting Cross-Border Payments Emphasizes Local Methods and Nuanced Fraud Rules — An operational guide published Tuesday outlines best practices for optimizing cross-border payment stacks in 2026.
• Kenya Enacts New Central Bank Law, Strengthening Financial Oversight and Crisis Management — On Tuesday, Kenyan President William Ruto signed the Central Bank of Kenya (Amendment) Bill, 2026 into law.
• Mastercard's 'Merchant Trust Services' to Require Proactive Scam Monitoring — Effective July 24, Mastercard will launch its 'Merchant Trust Services' initiative, shifting its fraud-monitoring focus…
• Direct ZAR-RMB Clearing via Standard Bank to Reduce Costs for SA-China Trade — Following a June 26 announcement, Standard Bank is now authorized by the People's Bank of China to clear Renminbi (RMB)…
• BanffPay Launches Liberia's First Unified Payment API, Secures PSP License — BanffPay announced on Tuesday it has secured a Payment Service Provider (PSP) license from the Central Bank of Liberia…
• GTCO's HabariPay Targets Nigerian SME Market with 200,000 PoS Terminals — In a significant competitive move detailed Tuesday, GTCO's fintech arm, HabariPay, plans to deploy 200,000…
• Equity Group, AfricaNenda, and Gates Foundation Partner to Drive Digital Public Infrastructure — Equity Group, the AfricaNenda Foundation, and the Gates Foundation announced a partnership on Tuesday to accelerate the…
• Nigerian Government Suspends New Digital Regulations to Develop Unified Policy — Following the barrage of Nigerian directives we've been tracking—from the CBN's looming data localization mandate to…
• ECB Mandates Banks Submit Plans to Counter AI-Driven Cyberattacks by October 31 — The European Central Bank (ECB) has directed all supervised banks to submit formal plans by October 31 detailing how…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-08/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: The The Settlement Layer payments ecosystem is seeing central authorities assert new boundaries over the digital economy. The South The Settlement Layer Reserve Bank is establishing formal oversight over previously unchecked cross-border aggregators, and Kenya has legislated an expanded crisis toolkit for its central bank. On the infrastructure side, the battle for stablecoin settlement dominance is accelerating, as Flutterwave rounds out its multi-rail treasury with a strategic USDC integration.</p><h3>In this episode</h3><ul><li><strong>SARB to Increase Regulation of Cross-Border Payment Facilitators in South Africa</strong> — The South African Reserve Bank (SARB) announced on Tuesday its intention to increase regulation of cross-border payment…</li><li><strong>Flutterwave Adds USDC Settlement with Strategic Investment from Circle</strong> — Hot on the heels of integrating Ripple's RLUSD, Flutterwave has secured a strategic investment from Circle Ventures to…</li><li><strong>PCI DSS v4.0.1 Mandates Stricter Control Over Checkout Scripts to Combat Web Skimming</strong> — The new PCI DSS v4.0.1 standard introduces stringent requirements to combat 'Magecart' style web-skimming attacks.</li><li><strong>Guide to High-Converting Cross-Border Payments Emphasizes Local Methods and Nuanced Fraud Rules</strong> — An operational guide published Tuesday outlines best practices for optimizing cross-border payment stacks in 2026.</li><li><strong>Kenya Enacts New Central Bank Law, Strengthening Financial Oversight and Crisis Management</strong> — On Tuesday, Kenyan President William Ruto signed the Central Bank of Kenya (Amendment) Bill, 2026 into law.</li><li><strong>Mastercard's 'Merchant Trust Services' to Require Proactive Scam Monitoring</strong> — Effective July 24, Mastercard will launch its 'Merchant Trust Services' initiative, shifting its fraud-monitoring focus…</li><li><strong>Direct ZAR-RMB Clearing via Standard Bank to Reduce Costs for SA-China Trade</strong> — Following a June 26 announcement, Standard Bank is now authorized by the People's Bank of China to clear Renminbi (RMB)…</li><li><strong>BanffPay Launches Liberia's First Unified Payment API, Secures PSP License</strong> — BanffPay announced on Tuesday it has secured a Payment Service Provider (PSP) license from the Central Bank of Liberia…</li><li><strong>GTCO's HabariPay Targets Nigerian SME Market with 200,000 PoS Terminals</strong> — In a significant competitive move detailed Tuesday, GTCO's fintech arm, HabariPay, plans to deploy 200,000…</li><li><strong>Equity Group, AfricaNenda, and Gates Foundation Partner to Drive Digital Public Infrastructure</strong> — Equity Group, the AfricaNenda Foundation, and the Gates Foundation announced a partnership on Tuesday to accelerate the…</li><li><strong>Nigerian Government Suspends New Digital Regulations to Develop Unified Policy</strong> — Following the barrage of Nigerian directives we've been tracking—from the CBN's looming data localization mandate to…</li><li><strong>ECB Mandates Banks Submit Plans to Counter AI-Driven Cyberattacks by October 31</strong> — The European Central Bank (ECB) has directed all supervised banks to submit formal plans by October 31 detailing how…</li></ul><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-08/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-08/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-08.mp3" length="3339693" type="audio/mpeg"/>
      <pubDate>Wed, 08 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: The The Settlement Layer payments ecosystem is seeing central authorities assert new boundaries over the digital economy. The South The Settlement Layer Reserve Bank is establishing formal oversight over previ</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: The The Settlement Layer payments ecosystem is seeing central authorities assert new boundaries over the digital economy. The South The Settlement Layer Reserve Bank is establishing formal oversight over previously unchecked cross-border aggregators, and Kenya has legislated an expanded crisis toolkit for its central bank. On the infrastructure side, the battle for stablecoin settlement dominance is accelerating, as Flutterwave rounds out its multi-rail treasury with a strategic USDC integration.

In this episode:
• SARB to Increase Regulation of Cross-Border Payment Facilitators in South Africa — The South African Reserve Bank (SARB) announced on Tuesday its intention to increase regulation of cross-border payment…
• Flutterwave Adds USDC Settlement with Strategic Investment from Circle — Hot on the heels of integrating Ripple's RLUSD, Flutterwave has secured a strategic investment from Circle Ventures to…
• PCI DSS v4.0.1 Mandates Stricter Control Over Checkout Scripts to Combat Web Skimming — The new PCI DSS v4.0.1 standard introduces stringent requirements to combat 'Magecart' style web-skimming attacks.
• Guide to High-Converting Cross-Border Payments Emphasizes Local Methods and Nuanced Fraud Rules — An operational guide published Tuesday outlines best practices for optimizing cross-border payment stacks in 2026.
• Kenya Enacts New Central Bank Law, Strengthening Financial Oversight and Crisis Management — On Tuesday, Kenyan President William Ruto signed the Central Bank of Kenya (Amendment) Bill, 2026 into law.
• Mastercard's 'Merchant Trust Services' to Require Proactive Scam Monitoring — Effective July 24, Mastercard will launch its 'Merchant Trust Services' initiative, shifting its fraud-monitoring focus…
• Direct ZAR-RMB Clearing via Standard Bank to Reduce Costs for SA-China Trade — Following a June 26 announcement, Standard Bank is now authorized by the People's Bank of China to clear Renminbi (RMB)…
• BanffPay Launches Liberia's First Unified Payment API, Secures PSP License — BanffPay announced on Tuesday it has secured a Payment Service Provider (PSP) license from the Central Bank of Liberia…
• GTCO's HabariPay Targets Nigerian SME Market with 200,000 PoS Terminals — In a significant competitive move detailed Tuesday, GTCO's fintech arm, HabariPay, plans to deploy 200,000…
• Equity Group, AfricaNenda, and Gates Foundation Partner to Drive Digital Public Infrastructure — Equity Group, the AfricaNenda Foundation, and the Gates Foundation announced a partnership on Tuesday to accelerate the…
• Nigerian Government Suspends New Digital Regulations to Develop Unified Policy — Following the barrage of Nigerian directives we've been tracking—from the CBN's looming data localization mandate to…
• ECB Mandates Banks Submit Plans to Counter AI-Driven Cyberattacks by October 31 — The European Central Bank (ECB) has directed all supervised banks to submit formal plans by October 31 detailing how…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-08/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>6</itunes:episode>
      <itunes:title>Jul 8: SARB to Increase Regulation of Cross-Border Payment Facilitators in South Africa</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 7: UK Regulator's 'Mills Review' Frames Future of AI in Finance, Identifies Programmable M…</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-07/</link>
      <description>Today on The Settlement Layer: Agentic commerce is moving from concept to production rails, as Visa and Stripe deploy real-world purchasing capabilities for autonomous software. In parallel, tax and capital control nets are widening across The Settlement Layer markets, directly hitting digital service margins in Kenya and cross-border forex flows in South Africa.

In this episode:
• UK Regulator's 'Mills Review' Frames Future of AI in Finance, Identifies Programmable Money as Key Infrastructure — The UK's Financial Conduct Authority (FCA) on Monday released 'The Mills Review,' a landmark report concluding that AI…
• Visa and Stripe Launch Tools for AI-Driven 'Agentic Commerce' — Building on the autonomous payment protocols we tracked Stripe testing with Cross River Bank, major networks are moving…
• South Africa Proposes Sweeping Capital Controls for Cryptocurrency — South Africa's National Treasury released a draft bill to integrate cryptocurrencies into its capital flow management…
• Ripple Takes Equity Stake in Flutterwave to Drive Stablecoin Payments in Africa — Ripple has acquired an equity stake in African fintech giant Flutterwave to integrate its RLUSD stablecoin and Ripple…
• Kenya's Finance Act 2026 Expands 'Royalty' Definition to Tax Software and Card Network Fees — Adding to the recent digital payment tax pressures we've been tracking in Kenya, the Finance Act 2026 has broadened the…
• Nigerian Data Localization Mandate Spurs Local Infrastructure Offerings — Infrastructure providers are racing to capture the market created by the CBN's January 2027 payment data localization…
• Nigeria SEC Expands Crypto Sandbox, Prioritizes Asset Tokenization and Custody — Following up on the SEC's recent ARIP sandbox admissions—now cited as nine firms, including Luno, rather than the…
• Ghanaian Fintech Zeepay Faces Legal and Regulatory Crises — Ghanaian remittance and mobile money firm Zeepay is facing significant legal and regulatory challenges.
• BNPL Providers Defend Model Against SARB Scrutiny in South Africa — South African 'Buy Now, Pay Later' (BNPL) providers including Payflex and PayJustNow are actively defending their…
• Uganda Moves Forward with $5.5B Tokenized CBDC Project in Special Economic Zone — Miami-based Global Settlement Network (GSN) has acquired Uganda's AKIBA International to launch a $5.5 billion project…
• Bank of Ghana Calls for Unified, Industry-Wide Fraud Prevention System — The Bank of Ghana's Head of Fintech and Innovation, Elhanan Owureku Asare, is advocating for a unified fraud prevention…
• Ethiopia and Kenya Formalize Small-Scale Cross-Border Trade — Ethiopia's Customs Commission has introduced a directive to formalize small-scale cross-border trade with Kenya.

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-07/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: Agentic commerce is moving from concept to production rails, as Visa and Stripe deploy real-world purchasing capabilities for autonomous software. In parallel, tax and capital control nets are widening across The Settlement Layer markets, directly hitting digital service margins in Kenya and cross-border forex flows in South Africa.</p><h3>In this episode</h3><ul><li><strong>UK Regulator's 'Mills Review' Frames Future of AI in Finance, Identifies Programmable Money as Key Infrastructure</strong> — The UK's Financial Conduct Authority (FCA) on Monday released 'The Mills Review,' a landmark report concluding that AI…</li><li><strong>Visa and Stripe Launch Tools for AI-Driven 'Agentic Commerce'</strong> — Building on the autonomous payment protocols we tracked Stripe testing with Cross River Bank, major networks are moving…</li><li><strong>South Africa Proposes Sweeping Capital Controls for Cryptocurrency</strong> — South Africa's National Treasury released a draft bill to integrate cryptocurrencies into its capital flow management…</li><li><strong>Ripple Takes Equity Stake in Flutterwave to Drive Stablecoin Payments in Africa</strong> — Ripple has acquired an equity stake in African fintech giant Flutterwave to integrate its RLUSD stablecoin and Ripple…</li><li><strong>Kenya's Finance Act 2026 Expands 'Royalty' Definition to Tax Software and Card Network Fees</strong> — Adding to the recent digital payment tax pressures we've been tracking in Kenya, the Finance Act 2026 has broadened the…</li><li><strong>Nigerian Data Localization Mandate Spurs Local Infrastructure Offerings</strong> — Infrastructure providers are racing to capture the market created by the CBN's January 2027 payment data localization…</li><li><strong>Nigeria SEC Expands Crypto Sandbox, Prioritizes Asset Tokenization and Custody</strong> — Following up on the SEC's recent ARIP sandbox admissions—now cited as nine firms, including Luno, rather than the…</li><li><strong>Ghanaian Fintech Zeepay Faces Legal and Regulatory Crises</strong> — Ghanaian remittance and mobile money firm Zeepay is facing significant legal and regulatory challenges.</li><li><strong>BNPL Providers Defend Model Against SARB Scrutiny in South Africa</strong> — South African 'Buy Now, Pay Later' (BNPL) providers including Payflex and PayJustNow are actively defending their…</li><li><strong>Uganda Moves Forward with $5.5B Tokenized CBDC Project in Special Economic Zone</strong> — Miami-based Global Settlement Network (GSN) has acquired Uganda's AKIBA International to launch a $5.5 billion project…</li><li><strong>Bank of Ghana Calls for Unified, Industry-Wide Fraud Prevention System</strong> — The Bank of Ghana's Head of Fintech and Innovation, Elhanan Owureku Asare, is advocating for a unified fraud prevention…</li><li><strong>Ethiopia and Kenya Formalize Small-Scale Cross-Border Trade</strong> — Ethiopia's Customs Commission has introduced a directive to formalize small-scale cross-border trade with Kenya.</li></ul><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-07/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-07/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-07.mp3" length="4239021" type="audio/mpeg"/>
      <pubDate>Tue, 07 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: Agentic commerce is moving from concept to production rails, as Visa and Stripe deploy real-world purchasing capabilities for autonomous software. In parallel, tax and capital control nets are widening across </itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: Agentic commerce is moving from concept to production rails, as Visa and Stripe deploy real-world purchasing capabilities for autonomous software. In parallel, tax and capital control nets are widening across The Settlement Layer markets, directly hitting digital service margins in Kenya and cross-border forex flows in South Africa.

In this episode:
• UK Regulator's 'Mills Review' Frames Future of AI in Finance, Identifies Programmable Money as Key Infrastructure — The UK's Financial Conduct Authority (FCA) on Monday released 'The Mills Review,' a landmark report concluding that AI…
• Visa and Stripe Launch Tools for AI-Driven 'Agentic Commerce' — Building on the autonomous payment protocols we tracked Stripe testing with Cross River Bank, major networks are moving…
• South Africa Proposes Sweeping Capital Controls for Cryptocurrency — South Africa's National Treasury released a draft bill to integrate cryptocurrencies into its capital flow management…
• Ripple Takes Equity Stake in Flutterwave to Drive Stablecoin Payments in Africa — Ripple has acquired an equity stake in African fintech giant Flutterwave to integrate its RLUSD stablecoin and Ripple…
• Kenya's Finance Act 2026 Expands 'Royalty' Definition to Tax Software and Card Network Fees — Adding to the recent digital payment tax pressures we've been tracking in Kenya, the Finance Act 2026 has broadened the…
• Nigerian Data Localization Mandate Spurs Local Infrastructure Offerings — Infrastructure providers are racing to capture the market created by the CBN's January 2027 payment data localization…
• Nigeria SEC Expands Crypto Sandbox, Prioritizes Asset Tokenization and Custody — Following up on the SEC's recent ARIP sandbox admissions—now cited as nine firms, including Luno, rather than the…
• Ghanaian Fintech Zeepay Faces Legal and Regulatory Crises — Ghanaian remittance and mobile money firm Zeepay is facing significant legal and regulatory challenges.
• BNPL Providers Defend Model Against SARB Scrutiny in South Africa — South African 'Buy Now, Pay Later' (BNPL) providers including Payflex and PayJustNow are actively defending their…
• Uganda Moves Forward with $5.5B Tokenized CBDC Project in Special Economic Zone — Miami-based Global Settlement Network (GSN) has acquired Uganda's AKIBA International to launch a $5.5 billion project…
• Bank of Ghana Calls for Unified, Industry-Wide Fraud Prevention System — The Bank of Ghana's Head of Fintech and Innovation, Elhanan Owureku Asare, is advocating for a unified fraud prevention…
• Ethiopia and Kenya Formalize Small-Scale Cross-Border Trade — Ethiopia's Customs Commission has introduced a directive to formalize small-scale cross-border trade with Kenya.

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-07/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>5</itunes:episode>
      <itunes:title>Jul 7: UK Regulator's 'Mills Review' Frames Future of AI in Finance, Identifies Programmable M…</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 6: South Africa's SARS Proposes Sweeping Crypto Tax Rules, Forms Audit Unit</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-06/</link>
      <description>Today on The Settlement Layer: Sweeping new compliance frameworks are landing across Africa’s largest economies, from a dedicated crypto audit unit in South Africa to strict structural boundaries for Nigerian fintechs. We also track Afreximbank's expanding physical strategy for pan-The Settlement Layer settlements, and an Apple Pay token update changing the mechanics of recurring billing.

In this episode:
• South Africa's SARS Proposes Sweeping Crypto Tax Rules, Forms Audit Unit — On Wednesday, the South African Revenue Service (SARS) published comprehensive draft guidance for the taxation of…
• Nigerian Central Bank Proposes Stricter HoldCo Rules, Impacting Fintech Subsidiaries — On Sunday, the Central Bank of Nigeria (CBN) released exposure drafts for revised guidelines on Financial Holding…
• Nigeria's NIMC Act Transforms Digital ID into Economic Infrastructure — President Tinubu on Sunday signed the National Identity Management Commission (NIMC) Act 2026, a landmark law that…
• Afreximbank President Pushes for PAPSS Expansion, Reveals 'PAPSS Card' — Afreximbank is escalating the push for its Pan-African Payment and Settlement System (PAPSS) we've been tracking, with…
• Data Breach at Nigeria's Providus Bank Leads to Wave of Unauthorized Card Fraud — Customers of Nigeria's Providus Bank are reporting a surge in unauthorized card transactions, which appear to be linked…
• Apple Pay Expands Merchant Tokens for Stored Credential Billing — Apple has quietly expanded its Apple Pay Merchant Token specification, enabling ecommerce merchants to store tokenized…
• MoonPay Acquires AI Accounting Firm Entendre to Automate Stablecoin Finances — Crypto payments firm MoonPay has acquired Entendre, a maker of AI-powered accounting tools, to automate the financial…
• Kenya Proposes Strict 30% Local Reserve Requirement for Stablecoin Issuers — The clash we noted over Kenya's proposed stablecoin reserve rules is coming into sharper focus.
• Shopify Rolls Out Native B2B Checkout for Plus Merchants — On June 24, Shopify made its B2B Native Checkout available to all Shopify Plus merchants, integrating wholesale…
• Ecobank Nigeria Adds New Fees for Foreign Currency Transfers — Effective July 1, Ecobank Nigeria has implemented new charges for foreign currency transfers within the bank.
• SARB Considers Scrapping Prime Rate, Renaming Repo Rate — The South African Reserve Bank (SARB) is considering a major overhaul of its interest rate framework, which could…
• AWS Undergoes Strategic Workforce Shifts to Focus on AI Growth — Amazon Web Services (AWS) is making strategic workforce adjustments, including some layoffs, as it doubles down on…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-06/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: Sweeping new compliance frameworks are landing across Africa’s largest economies, from a dedicated crypto audit unit in South Africa to strict structural boundaries for Nigerian fintechs. We also track Afreximbank's expanding physical strategy for pan-The Settlement Layer settlements, and an Apple Pay token update changing the mechanics of recurring billing.</p><h3>In this episode</h3><ul><li><strong>South Africa's SARS Proposes Sweeping Crypto Tax Rules, Forms Audit Unit</strong> — On Wednesday, the South African Revenue Service (SARS) published comprehensive draft guidance for the taxation of…</li><li><strong>Nigerian Central Bank Proposes Stricter HoldCo Rules, Impacting Fintech Subsidiaries</strong> — On Sunday, the Central Bank of Nigeria (CBN) released exposure drafts for revised guidelines on Financial Holding…</li><li><strong>Nigeria's NIMC Act Transforms Digital ID into Economic Infrastructure</strong> — President Tinubu on Sunday signed the National Identity Management Commission (NIMC) Act 2026, a landmark law that…</li><li><strong>Afreximbank President Pushes for PAPSS Expansion, Reveals 'PAPSS Card'</strong> — Afreximbank is escalating the push for its Pan-African Payment and Settlement System (PAPSS) we've been tracking, with…</li><li><strong>Data Breach at Nigeria's Providus Bank Leads to Wave of Unauthorized Card Fraud</strong> — Customers of Nigeria's Providus Bank are reporting a surge in unauthorized card transactions, which appear to be linked…</li><li><strong>Apple Pay Expands Merchant Tokens for Stored Credential Billing</strong> — Apple has quietly expanded its Apple Pay Merchant Token specification, enabling ecommerce merchants to store tokenized…</li><li><strong>MoonPay Acquires AI Accounting Firm Entendre to Automate Stablecoin Finances</strong> — Crypto payments firm MoonPay has acquired Entendre, a maker of AI-powered accounting tools, to automate the financial…</li><li><strong>Kenya Proposes Strict 30% Local Reserve Requirement for Stablecoin Issuers</strong> — The clash we noted over Kenya's proposed stablecoin reserve rules is coming into sharper focus.</li><li><strong>Shopify Rolls Out Native B2B Checkout for Plus Merchants</strong> — On June 24, Shopify made its B2B Native Checkout available to all Shopify Plus merchants, integrating wholesale…</li><li><strong>Ecobank Nigeria Adds New Fees for Foreign Currency Transfers</strong> — Effective July 1, Ecobank Nigeria has implemented new charges for foreign currency transfers within the bank.</li><li><strong>SARB Considers Scrapping Prime Rate, Renaming Repo Rate</strong> — The South African Reserve Bank (SARB) is considering a major overhaul of its interest rate framework, which could…</li><li><strong>AWS Undergoes Strategic Workforce Shifts to Focus on AI Growth</strong> — Amazon Web Services (AWS) is making strategic workforce adjustments, including some layoffs, as it doubles down on…</li></ul><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-06/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-06/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-06.mp3" length="3346413" type="audio/mpeg"/>
      <pubDate>Mon, 06 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: Sweeping new compliance frameworks are landing across Africa’s largest economies, from a dedicated crypto audit unit in South Africa to strict structural boundaries for Nigerian fintechs. We also track Afrexim</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: Sweeping new compliance frameworks are landing across Africa’s largest economies, from a dedicated crypto audit unit in South Africa to strict structural boundaries for Nigerian fintechs. We also track Afreximbank's expanding physical strategy for pan-The Settlement Layer settlements, and an Apple Pay token update changing the mechanics of recurring billing.

In this episode:
• South Africa's SARS Proposes Sweeping Crypto Tax Rules, Forms Audit Unit — On Wednesday, the South African Revenue Service (SARS) published comprehensive draft guidance for the taxation of…
• Nigerian Central Bank Proposes Stricter HoldCo Rules, Impacting Fintech Subsidiaries — On Sunday, the Central Bank of Nigeria (CBN) released exposure drafts for revised guidelines on Financial Holding…
• Nigeria's NIMC Act Transforms Digital ID into Economic Infrastructure — President Tinubu on Sunday signed the National Identity Management Commission (NIMC) Act 2026, a landmark law that…
• Afreximbank President Pushes for PAPSS Expansion, Reveals 'PAPSS Card' — Afreximbank is escalating the push for its Pan-African Payment and Settlement System (PAPSS) we've been tracking, with…
• Data Breach at Nigeria's Providus Bank Leads to Wave of Unauthorized Card Fraud — Customers of Nigeria's Providus Bank are reporting a surge in unauthorized card transactions, which appear to be linked…
• Apple Pay Expands Merchant Tokens for Stored Credential Billing — Apple has quietly expanded its Apple Pay Merchant Token specification, enabling ecommerce merchants to store tokenized…
• MoonPay Acquires AI Accounting Firm Entendre to Automate Stablecoin Finances — Crypto payments firm MoonPay has acquired Entendre, a maker of AI-powered accounting tools, to automate the financial…
• Kenya Proposes Strict 30% Local Reserve Requirement for Stablecoin Issuers — The clash we noted over Kenya's proposed stablecoin reserve rules is coming into sharper focus.
• Shopify Rolls Out Native B2B Checkout for Plus Merchants — On June 24, Shopify made its B2B Native Checkout available to all Shopify Plus merchants, integrating wholesale…
• Ecobank Nigeria Adds New Fees for Foreign Currency Transfers — Effective July 1, Ecobank Nigeria has implemented new charges for foreign currency transfers within the bank.
• SARB Considers Scrapping Prime Rate, Renaming Repo Rate — The South African Reserve Bank (SARB) is considering a major overhaul of its interest rate framework, which could…
• AWS Undergoes Strategic Workforce Shifts to Focus on AI Growth — Amazon Web Services (AWS) is making strategic workforce adjustments, including some layoffs, as it doubles down on…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-06/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>4</itunes:episode>
      <itunes:title>Jul 6: South Africa's SARS Proposes Sweeping Crypto Tax Rules, Forms Audit Unit</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 5: Stripe Builds Payment Infrastructure for AI Agents to Autonomously Spend Real Money</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-05/</link>
      <description>Today on The Settlement Layer: Autonomous software is acquiring its own wallet, as Stripe and Cross River deploy dedicated card infrastructure for AI agents to initiate real-world payments. We also unpack South Africa's milestone credit upgrade—its first from Fitch in 21 years—and a new master plan from the Central Bank of Nigeria aimed at regional payments dominance.

In this episode:
• Stripe Builds Payment Infrastructure for AI Agents to Autonomously Spend Real Money — In a collaboration announced Thursday, Cross River Bank and Stripe are providing bank-grade card issuance…
• Stripe's 2026 Product Suite Review: Deeper AI in Fraud, Link Network Growth, and Persistent Cross-Border Challenges — A Saturday review of Stripe's 2026 product suite highlights significant advancements in AI, particularly with Stripe…
• Chargeback Software Market Hits $2.6B as AI Agents Create New Liability Concerns — Building on the escalating chargeback volumes and friendly fraud trends we've been tracking, the market for chargeback…
• Fitch Upgrades South Africa's Credit Rating for First Time in 21 Years — On Sunday, Fitch Ratings upgraded South Africa's long-term credit rating, the first such move in 21 years.
• Micro-Transaction Probing Emerges as Precursor to High-Value Fraud — Cybercriminals are increasingly using 'micro-transaction reconnaissance'—making tiny, often sub-dollar payments—to test…
• Nigeria Unveils 'Payment System Vision 2028' to Become Africa's Payment Hub — Following its strict 2027 data localization mandate, Nigeria's Central Bank (CBN) has launched its 'Payment System…
• Surge in Sophisticated ATM Attacks Targets African Banks' Authorization Infrastructure — Nigeria’s Computer Emergency Response Team (ngCERT) issued a high-risk advisory on Saturday concerning a surge in…
• Google Deepens Africa Investment with AI Lab and Digital Exchange Port — At its Google Cloud Africa Summit 2026 on Sunday, Google announced an expanded strategy for the continent, building on…
• South African Rand Strengthens as Citi Forecasts Favorable Policy Response — The South African Rand has strengthened in recent weeks, with the USD/ZAR exchange rate nearing 16.23.
• Digital Wallets See 'Explosive' 155% Growth in South Africa — South Africa is witnessing a surge in digital wallet usage, with transaction value growing nearly 155% between early…
• Nigerian Fintechs Embrace Banking Licenses, Shifting from Payments to Balance Sheet Models — Major Nigerian payment companies like Moniepoint, Paystack, and Flutterwave are increasingly acquiring banking…
• Ethiopia's EthSwitch Deploys AI for Credit Scoring and a New Merchant Portal — EthSwitch, Ethiopia's national payment switch, is launching a merchant portal and an AI-driven credit scoring system to…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-05/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: Autonomous software is acquiring its own wallet, as Stripe and Cross River deploy dedicated card infrastructure for AI agents to initiate real-world payments. We also unpack South Africa's milestone credit upgrade—its first from Fitch in 21 years—and a new master plan from the Central Bank of Nigeria aimed at regional payments dominance.</p><h3>In this episode</h3><ul><li><strong>Stripe Builds Payment Infrastructure for AI Agents to Autonomously Spend Real Money</strong> — In a collaboration announced Thursday, Cross River Bank and Stripe are providing bank-grade card issuance…</li><li><strong>Stripe's 2026 Product Suite Review: Deeper AI in Fraud, Link Network Growth, and Persistent Cross-Border Challenges</strong> — A Saturday review of Stripe's 2026 product suite highlights significant advancements in AI, particularly with Stripe…</li><li><strong>Chargeback Software Market Hits $2.6B as AI Agents Create New Liability Concerns</strong> — Building on the escalating chargeback volumes and friendly fraud trends we've been tracking, the market for chargeback…</li><li><strong>Fitch Upgrades South Africa's Credit Rating for First Time in 21 Years</strong> — On Sunday, Fitch Ratings upgraded South Africa's long-term credit rating, the first such move in 21 years.</li><li><strong>Micro-Transaction Probing Emerges as Precursor to High-Value Fraud</strong> — Cybercriminals are increasingly using 'micro-transaction reconnaissance'—making tiny, often sub-dollar payments—to test…</li><li><strong>Nigeria Unveils 'Payment System Vision 2028' to Become Africa's Payment Hub</strong> — Following its strict 2027 data localization mandate, Nigeria's Central Bank (CBN) has launched its 'Payment System…</li><li><strong>Surge in Sophisticated ATM Attacks Targets African Banks' Authorization Infrastructure</strong> — Nigeria’s Computer Emergency Response Team (ngCERT) issued a high-risk advisory on Saturday concerning a surge in…</li><li><strong>Google Deepens Africa Investment with AI Lab and Digital Exchange Port</strong> — At its Google Cloud Africa Summit 2026 on Sunday, Google announced an expanded strategy for the continent, building on…</li><li><strong>South African Rand Strengthens as Citi Forecasts Favorable Policy Response</strong> — The South African Rand has strengthened in recent weeks, with the USD/ZAR exchange rate nearing 16.23.</li><li><strong>Digital Wallets See 'Explosive' 155% Growth in South Africa</strong> — South Africa is witnessing a surge in digital wallet usage, with transaction value growing nearly 155% between early…</li><li><strong>Nigerian Fintechs Embrace Banking Licenses, Shifting from Payments to Balance Sheet Models</strong> — Major Nigerian payment companies like Moniepoint, Paystack, and Flutterwave are increasingly acquiring banking…</li><li><strong>Ethiopia's EthSwitch Deploys AI for Credit Scoring and a New Merchant Portal</strong> — EthSwitch, Ethiopia's national payment switch, is launching a merchant portal and an AI-driven credit scoring system to…</li></ul><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-05/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-05/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-05.mp3" length="3601005" type="audio/mpeg"/>
      <pubDate>Sun, 05 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: Autonomous software is acquiring its own wallet, as Stripe and Cross River deploy dedicated card infrastructure for AI agents to initiate real-world payments. We also unpack South Africa's milestone credit upg</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: Autonomous software is acquiring its own wallet, as Stripe and Cross River deploy dedicated card infrastructure for AI agents to initiate real-world payments. We also unpack South Africa's milestone credit upgrade—its first from Fitch in 21 years—and a new master plan from the Central Bank of Nigeria aimed at regional payments dominance.

In this episode:
• Stripe Builds Payment Infrastructure for AI Agents to Autonomously Spend Real Money — In a collaboration announced Thursday, Cross River Bank and Stripe are providing bank-grade card issuance…
• Stripe's 2026 Product Suite Review: Deeper AI in Fraud, Link Network Growth, and Persistent Cross-Border Challenges — A Saturday review of Stripe's 2026 product suite highlights significant advancements in AI, particularly with Stripe…
• Chargeback Software Market Hits $2.6B as AI Agents Create New Liability Concerns — Building on the escalating chargeback volumes and friendly fraud trends we've been tracking, the market for chargeback…
• Fitch Upgrades South Africa's Credit Rating for First Time in 21 Years — On Sunday, Fitch Ratings upgraded South Africa's long-term credit rating, the first such move in 21 years.
• Micro-Transaction Probing Emerges as Precursor to High-Value Fraud — Cybercriminals are increasingly using 'micro-transaction reconnaissance'—making tiny, often sub-dollar payments—to test…
• Nigeria Unveils 'Payment System Vision 2028' to Become Africa's Payment Hub — Following its strict 2027 data localization mandate, Nigeria's Central Bank (CBN) has launched its 'Payment System…
• Surge in Sophisticated ATM Attacks Targets African Banks' Authorization Infrastructure — Nigeria’s Computer Emergency Response Team (ngCERT) issued a high-risk advisory on Saturday concerning a surge in…
• Google Deepens Africa Investment with AI Lab and Digital Exchange Port — At its Google Cloud Africa Summit 2026 on Sunday, Google announced an expanded strategy for the continent, building on…
• South African Rand Strengthens as Citi Forecasts Favorable Policy Response — The South African Rand has strengthened in recent weeks, with the USD/ZAR exchange rate nearing 16.23.
• Digital Wallets See 'Explosive' 155% Growth in South Africa — South Africa is witnessing a surge in digital wallet usage, with transaction value growing nearly 155% between early…
• Nigerian Fintechs Embrace Banking Licenses, Shifting from Payments to Balance Sheet Models — Major Nigerian payment companies like Moniepoint, Paystack, and Flutterwave are increasingly acquiring banking…
• Ethiopia's EthSwitch Deploys AI for Credit Scoring and a New Merchant Portal — EthSwitch, Ethiopia's national payment switch, is launching a merchant portal and an AI-driven credit scoring system to…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-05/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>3</itunes:episode>
      <itunes:title>Jul 5: Stripe Builds Payment Infrastructure for AI Agents to Autonomously Spend Real Money</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 4: Nigeria Mandates Data Localization by January 2027</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-04/</link>
      <description>Today on The Settlement Layer: The Nigerian regulatory apparatus is tightening its grip on conventional data while opening new avenues for digital assets. As industry players verify the infrastructure needed to meet the Central Bank's looming data localization mandate, the SEC is formally expanding its crypto sandbox to include major exchanges.

In this episode:
• Nigeria Mandates Data Localization by January 2027 — Following the Central Bank of Nigeria's mandate requiring all payment data to be stored domestically by January 1…
• Nigeria SEC Expands Crypto Sandbox, Admitting Luno and Six Others — Nigeria's Securities and Exchange Commission (SEC) has granted Approval-in-Principle to seven new fintech and digital…
• AI Powers a New Generation of Sophisticated Fraud — Fraudsters are increasingly leveraging AI to execute sophisticated scams, including deepfake voice instructions and…
• Launch Africa Ventures Exits Peach Payments in Secondary Sale to 27four — Pan-African VC firm Launch Africa Ventures has sold its stake in South African payment processor Peach Payments to the…
• Afreximbank Intensifies Push for PAPSS Adoption — Afreximbank and the AfCFTA Secretariat are increasing their advocacy for the Pan-African Payment and Settlement System…
• South Africa's FSCA Publishes Three-Year Regulation Plan — South Africa's Financial Sector Conduct Authority (FSCA) released its three-year regulation plan for 2026-2029 on…
• SARB Prioritizes Payment Rails Modernization Over Retail CBDC — The South African Reserve Bank (SARB) is officially prioritizing the modernization of its existing digital payments…
• Report: Merchants Massively Underestimate Friendly Fraud's Share of Chargebacks — Digging deeper into the 2026 Chargeback Field Report from Chargebacks911 we recently covered, the data reveals a severe…
• China Expands Yuan Clearing to 19 African Countries via Standard Bank — China has approved South Africa's Standard Bank and its parent ICBC to clear Renminbi (Yuan) transactions across 19…
• M-PESA Masks Phone Numbers in Transactions to Enhance Privacy — Safaricom's M-PESA is rolling out a new privacy feature that masks users' full phone numbers in 'Send Money'…
• East African Community Approves Framework for Cross-Border Data Flows — Experts from East African Community (EAC) partner states have approved a harmonized framework for trusted cross-border…
• Core Banking Modernization Drives Shift to Cloud and APIs — Financial institutions globally are accelerating core banking modernization, moving from legacy batch-processing…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-04/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: The Nigerian regulatory apparatus is tightening its grip on conventional data while opening new avenues for digital assets. As industry players verify the infrastructure needed to meet the Central Bank's looming data localization mandate, the SEC is formally expanding its crypto sandbox to include major exchanges.</p><h3>In this episode</h3><ul><li><strong>Nigeria Mandates Data Localization by January 2027</strong> — Following the Central Bank of Nigeria's mandate requiring all payment data to be stored domestically by January 1…</li><li><strong>Nigeria SEC Expands Crypto Sandbox, Admitting Luno and Six Others</strong> — Nigeria's Securities and Exchange Commission (SEC) has granted Approval-in-Principle to seven new fintech and digital…</li><li><strong>AI Powers a New Generation of Sophisticated Fraud</strong> — Fraudsters are increasingly leveraging AI to execute sophisticated scams, including deepfake voice instructions and…</li><li><strong>Launch Africa Ventures Exits Peach Payments in Secondary Sale to 27four</strong> — Pan-African VC firm Launch Africa Ventures has sold its stake in South African payment processor Peach Payments to the…</li><li><strong>Afreximbank Intensifies Push for PAPSS Adoption</strong> — Afreximbank and the AfCFTA Secretariat are increasing their advocacy for the Pan-African Payment and Settlement System…</li><li><strong>South Africa's FSCA Publishes Three-Year Regulation Plan</strong> — South Africa's Financial Sector Conduct Authority (FSCA) released its three-year regulation plan for 2026-2029 on…</li><li><strong>SARB Prioritizes Payment Rails Modernization Over Retail CBDC</strong> — The South African Reserve Bank (SARB) is officially prioritizing the modernization of its existing digital payments…</li><li><strong>Report: Merchants Massively Underestimate Friendly Fraud's Share of Chargebacks</strong> — Digging deeper into the 2026 Chargeback Field Report from Chargebacks911 we recently covered, the data reveals a severe…</li><li><strong>China Expands Yuan Clearing to 19 African Countries via Standard Bank</strong> — China has approved South Africa's Standard Bank and its parent ICBC to clear Renminbi (Yuan) transactions across 19…</li><li><strong>M-PESA Masks Phone Numbers in Transactions to Enhance Privacy</strong> — Safaricom's M-PESA is rolling out a new privacy feature that masks users' full phone numbers in 'Send Money'…</li><li><strong>East African Community Approves Framework for Cross-Border Data Flows</strong> — Experts from East African Community (EAC) partner states have approved a harmonized framework for trusted cross-border…</li><li><strong>Core Banking Modernization Drives Shift to Cloud and APIs</strong> — Financial institutions globally are accelerating core banking modernization, moving from legacy batch-processing…</li></ul><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-04/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-04/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-04.mp3" length="4207341" type="audio/mpeg"/>
      <pubDate>Sat, 04 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: The Nigerian regulatory apparatus is tightening its grip on conventional data while opening new avenues for digital assets. As industry players verify the infrastructure needed to meet the Central Bank's loomi</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: The Nigerian regulatory apparatus is tightening its grip on conventional data while opening new avenues for digital assets. As industry players verify the infrastructure needed to meet the Central Bank's looming data localization mandate, the SEC is formally expanding its crypto sandbox to include major exchanges.

In this episode:
• Nigeria Mandates Data Localization by January 2027 — Following the Central Bank of Nigeria's mandate requiring all payment data to be stored domestically by January 1…
• Nigeria SEC Expands Crypto Sandbox, Admitting Luno and Six Others — Nigeria's Securities and Exchange Commission (SEC) has granted Approval-in-Principle to seven new fintech and digital…
• AI Powers a New Generation of Sophisticated Fraud — Fraudsters are increasingly leveraging AI to execute sophisticated scams, including deepfake voice instructions and…
• Launch Africa Ventures Exits Peach Payments in Secondary Sale to 27four — Pan-African VC firm Launch Africa Ventures has sold its stake in South African payment processor Peach Payments to the…
• Afreximbank Intensifies Push for PAPSS Adoption — Afreximbank and the AfCFTA Secretariat are increasing their advocacy for the Pan-African Payment and Settlement System…
• South Africa's FSCA Publishes Three-Year Regulation Plan — South Africa's Financial Sector Conduct Authority (FSCA) released its three-year regulation plan for 2026-2029 on…
• SARB Prioritizes Payment Rails Modernization Over Retail CBDC — The South African Reserve Bank (SARB) is officially prioritizing the modernization of its existing digital payments…
• Report: Merchants Massively Underestimate Friendly Fraud's Share of Chargebacks — Digging deeper into the 2026 Chargeback Field Report from Chargebacks911 we recently covered, the data reveals a severe…
• China Expands Yuan Clearing to 19 African Countries via Standard Bank — China has approved South Africa's Standard Bank and its parent ICBC to clear Renminbi (Yuan) transactions across 19…
• M-PESA Masks Phone Numbers in Transactions to Enhance Privacy — Safaricom's M-PESA is rolling out a new privacy feature that masks users' full phone numbers in 'Send Money'…
• East African Community Approves Framework for Cross-Border Data Flows — Experts from East African Community (EAC) partner states have approved a harmonized framework for trusted cross-border…
• Core Banking Modernization Drives Shift to Cloud and APIs — Financial institutions globally are accelerating core banking modernization, moving from legacy batch-processing…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-04/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>2</itunes:episode>
      <itunes:title>Jul 4: Nigeria Mandates Data Localization by January 2027</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
    </item>
    <item>
      <title>Jul 3: Nigeria's Banking Crackdown Catches Fintechs Using Microfinance Licenses for Growth</title>
      <link>https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-03/</link>
      <description>Today on The Settlement Layer: Concrete regulatory changes are landing in Nigeria and Kenya, altering the cost and compliance landscape for digital payments. At the same time, major card networks are rapidly deploying production-grade AI, moving from pilot to a new operational standard for fraud and dispute management.

In this episode:
• Nigeria's Banking Crackdown Catches Fintechs Using Microfinance Licenses for Growth — The Central Bank of Nigeria revoked 46 microfinance bank (MFB) licences on Wednesday, impacting several fintechs…
• SARS' New Mandatory Online Traveller Declaration System Faces Launch-Day Glitches — Effective Wednesday, the South African Revenue Service (SARS) made it mandatory for all travellers to complete an…
• Kenya Imposes 16% VAT on Digital Payment Processing Fees — Effective Wednesday, Kenya's Finance Act 2026 has imposed a 16% VAT on digital payment processing fees for over 40…
• Visa, M-Pesa, and Onafriq Pilot Stablecoin Settlements in DRC — Visa, M-Pesa, and pan-African payments company Onafriq have launched a pilot in the Democratic Republic of Congo (DRC)…
• Visa Rolls Out AI Tools to Automate Credit Card Dispute Resolution — Visa has introduced six new AI-powered tools aimed at making the credit card charge dispute process more efficient and…
• CBN Mandates Data Localization and Stricter Governance in H1 2026 Directives — A review of the Central Bank of Nigeria's directives in the first half of 2026 reveals a major push for tighter control…
• Kenyan Treasury and Crypto Firms Clash Over Stablecoin Reserve Rules — Virtual asset providers in Kenya are challenging a proposed National Treasury regulation that would require 30% of…
• Vodacom Finalizes Acquisition, Takes Majority Control of Safaricom — Vodacom Group has completed its acquisition of an additional 20% effective stake in Safaricom, raising its total…
• Report: Friendly Fraud Drives Up Merchant Costs and Consumer Prices — According to the 2026 Chargeback Field Report from Chargebacks911, 83% of enterprise merchants have seen a rise in…
• Nairobi-Based Daya Raises $2.4M Pre-Seed for Stablecoin Payment Infrastructure — Nairobi-based startup Daya has raised a $2.4 million pre-seed round led by Hivemind Capital to build infrastructure for…
• South Africa's Constitutional Court Allows Forex-Rigging Case Against Six Global Banks to Proceed — South Africa's Constitutional Court ruled this week that the Competition Commission can move forward with its…
• AfCFTA Digital Trade Protocol Pushed for Faster Ratification — Wamkele Mene, Secretary-General of the AfCFTA Secretariat, is calling for accelerated ratification of the AfCFTA…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-03/

Generated with AI from public sources — verify before acting on anything important.</description>
      <content:encoded><![CDATA[<p>Today on The Settlement Layer: Concrete regulatory changes are landing in Nigeria and Kenya, altering the cost and compliance landscape for digital payments. At the same time, major card networks are rapidly deploying production-grade AI, moving from pilot to a new operational standard for fraud and dispute management.</p><h3>In this episode</h3><ul><li><strong>Nigeria's Banking Crackdown Catches Fintechs Using Microfinance Licenses for Growth</strong> — The Central Bank of Nigeria revoked 46 microfinance bank (MFB) licences on Wednesday, impacting several fintechs…</li><li><strong>SARS' New Mandatory Online Traveller Declaration System Faces Launch-Day Glitches</strong> — Effective Wednesday, the South African Revenue Service (SARS) made it mandatory for all travellers to complete an…</li><li><strong>Kenya Imposes 16% VAT on Digital Payment Processing Fees</strong> — Effective Wednesday, Kenya's Finance Act 2026 has imposed a 16% VAT on digital payment processing fees for over 40…</li><li><strong>Visa, M-Pesa, and Onafriq Pilot Stablecoin Settlements in DRC</strong> — Visa, M-Pesa, and pan-African payments company Onafriq have launched a pilot in the Democratic Republic of Congo (DRC)…</li><li><strong>Visa Rolls Out AI Tools to Automate Credit Card Dispute Resolution</strong> — Visa has introduced six new AI-powered tools aimed at making the credit card charge dispute process more efficient and…</li><li><strong>CBN Mandates Data Localization and Stricter Governance in H1 2026 Directives</strong> — A review of the Central Bank of Nigeria's directives in the first half of 2026 reveals a major push for tighter control…</li><li><strong>Kenyan Treasury and Crypto Firms Clash Over Stablecoin Reserve Rules</strong> — Virtual asset providers in Kenya are challenging a proposed National Treasury regulation that would require 30% of…</li><li><strong>Vodacom Finalizes Acquisition, Takes Majority Control of Safaricom</strong> — Vodacom Group has completed its acquisition of an additional 20% effective stake in Safaricom, raising its total…</li><li><strong>Report: Friendly Fraud Drives Up Merchant Costs and Consumer Prices</strong> — According to the 2026 Chargeback Field Report from Chargebacks911, 83% of enterprise merchants have seen a rise in…</li><li><strong>Nairobi-Based Daya Raises $2.4M Pre-Seed for Stablecoin Payment Infrastructure</strong> — Nairobi-based startup Daya has raised a $2.4 million pre-seed round led by Hivemind Capital to build infrastructure for…</li><li><strong>South Africa's Constitutional Court Allows Forex-Rigging Case Against Six Global Banks to Proceed</strong> — South Africa's Constitutional Court ruled this week that the Competition Commission can move forward with its…</li><li><strong>AfCFTA Digital Trade Protocol Pushed for Faster Ratification</strong> — Wamkele Mene, Secretary-General of the AfCFTA Secretariat, is calling for accelerated ratification of the AfCFTA…</li></ul><p><a href="https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-03/">Read the full briefing with sources →</a></p><p><em>Generated with AI from public sources — verify before acting on anything important.</em></p>]]></content:encoded>
      <author>hello@betabriefing.ai (The Settlement Layer)</author>
      <guid isPermaLink="false">https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-03/</guid>
      <enclosure url="https://betabriefing.ai/feeds/the-settlement-layer-2/QCUTCNn63KWVGjoGyU_vAw/audio/2026-07-03.mp3" length="3968685" type="audio/mpeg"/>
      <pubDate>Fri, 03 Jul 2026 09:00:00 +0000</pubDate>
      <itunes:author>The Settlement Layer</itunes:author>
      <itunes:explicit>no</itunes:explicit>
      <itunes:subtitle>Today on The Settlement Layer: Concrete regulatory changes are landing in Nigeria and Kenya, altering the cost and compliance landscape for digital payments. At the same time, major card networks are rapidly deploying production-grade AI, m</itunes:subtitle>
      <itunes:summary>Today on The Settlement Layer: Concrete regulatory changes are landing in Nigeria and Kenya, altering the cost and compliance landscape for digital payments. At the same time, major card networks are rapidly deploying production-grade AI, moving from pilot to a new operational standard for fraud and dispute management.

In this episode:
• Nigeria's Banking Crackdown Catches Fintechs Using Microfinance Licenses for Growth — The Central Bank of Nigeria revoked 46 microfinance bank (MFB) licences on Wednesday, impacting several fintechs…
• SARS' New Mandatory Online Traveller Declaration System Faces Launch-Day Glitches — Effective Wednesday, the South African Revenue Service (SARS) made it mandatory for all travellers to complete an…
• Kenya Imposes 16% VAT on Digital Payment Processing Fees — Effective Wednesday, Kenya's Finance Act 2026 has imposed a 16% VAT on digital payment processing fees for over 40…
• Visa, M-Pesa, and Onafriq Pilot Stablecoin Settlements in DRC — Visa, M-Pesa, and pan-African payments company Onafriq have launched a pilot in the Democratic Republic of Congo (DRC)…
• Visa Rolls Out AI Tools to Automate Credit Card Dispute Resolution — Visa has introduced six new AI-powered tools aimed at making the credit card charge dispute process more efficient and…
• CBN Mandates Data Localization and Stricter Governance in H1 2026 Directives — A review of the Central Bank of Nigeria's directives in the first half of 2026 reveals a major push for tighter control…
• Kenyan Treasury and Crypto Firms Clash Over Stablecoin Reserve Rules — Virtual asset providers in Kenya are challenging a proposed National Treasury regulation that would require 30% of…
• Vodacom Finalizes Acquisition, Takes Majority Control of Safaricom — Vodacom Group has completed its acquisition of an additional 20% effective stake in Safaricom, raising its total…
• Report: Friendly Fraud Drives Up Merchant Costs and Consumer Prices — According to the 2026 Chargeback Field Report from Chargebacks911, 83% of enterprise merchants have seen a rise in…
• Nairobi-Based Daya Raises $2.4M Pre-Seed for Stablecoin Payment Infrastructure — Nairobi-based startup Daya has raised a $2.4 million pre-seed round led by Hivemind Capital to build infrastructure for…
• South Africa's Constitutional Court Allows Forex-Rigging Case Against Six Global Banks to Proceed — South Africa's Constitutional Court ruled this week that the Competition Commission can move forward with its…
• AfCFTA Digital Trade Protocol Pushed for Faster Ratification — Wamkele Mene, Secretary-General of the AfCFTA Secretariat, is calling for accelerated ratification of the AfCFTA…

Read the full briefing with sources: https://betabriefing.ai/channels/the-settlement-layer-2/briefings/2026-07-03/

Generated with AI from public sources — verify before acting on anything important.</itunes:summary>
      <itunes:episode>1</itunes:episode>
      <itunes:title>Jul 3: Nigeria's Banking Crackdown Catches Fintechs Using Microfinance Licenses for Growth</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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