Payments Modernisation: Interoperability fuels the transformation of Cross-Border Payments
Unfortunately, given the sheer cost and complexity of increasing cross-border payment efficiencies, fundamental issues have become embedded within the system for years. The G20 have jumped in this year to challenge the pace of modernisation – the known inefficiencies need not persist.
Co-existence between key players across the payments landscape is igniting significant change for cross-border payments, ensuring that correspondent banking can modernise and keep pace with technology breakthrough
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