Correspondent, Electronic Funds Transfer (EFT) and End User

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International Payments Group Champions Faster Cross-Border Payments

PYMNTS

FEBRUARY 20, 2018

“Although competition and innovations such as mobile or eBanking have made these payments more convenient, the bulk of clearing and settlement for cross-border payments still goes through traditional correspondent banks, which struggle to handle the higher-volume, lower-value retail payments,” the CPMI noted in its report.

Cross-Border Payments

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT)

Payments Space

International Payments Group Champions Faster Cross-Border Payments

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