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Instant cross-border payments usher in a new phase of global financial interoperability

From swift.com

Integrating market infrastructures, the way the scheme has done, is crucial to meeting the G20's objectives for cross-border payments, focusing on speed, transparency, cost, and accessibility. This initiative links instant payment schemes across borders, offering round-the-clock processing and ushering in a new phase of global financial connectivity. Cross-border payments destined for Europe can now reach beneficiaries in seconds through seamless connection to domestic instant payment systems, with full transparency, and end-to-end tracking powered by the Swift network. Creating a seamless customer payments ... (full story)

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  • Category: Fundamental Analysis