Mail & Guardian
Mail & Guardian
Harry Scherzer

Creator

Harry Scherzer

The country’s financial systems, especially international transfers, must be fit for purpose in the digital age. Photo: File
FATF

Greylisting isn’t the only test of South Africa’s financial system

With a review imminent, the country faces more than the risk of remaining greylisted. Outdated, costly global money transfers are undermining competitiveness, increasing trade…

  • Harry Scherzer
5 min read
Currently accounting for nearly 60% of global currency reserves, the US has benefited immensely from its currency’s elevated status. Brics Pay could change that, especially with its emphasis on financial sovereignty.
BRICS BUSINESS FORUM

Brics Pay a challenger to dominant international money transfer system SWIFT

There is good reason to believe that Brics Pay could be a net positive for cross-border payments

  • Harry Scherzer
4 min read
Harry Scherzer, CEO of Future Forex
BRETTON WOODS CONFERENCE

How secure is the US dollar’s status as the world’s reserve currency? 

The biggest challenge to the dollar comes from China, the US’s main economic rival

  • Harry Scherzer
5 min read