Remove Funds Transfer Remove Payment Message Remove Remittance Data
article thumbnail

Why Blockchain Holds Promise For Cross-Border Payments

PYMNTS

Blockchain has caught the attention of several FIs, especially for B2B and cross-border payments, even if there’s not yet consensus on how to best deploy it in real-world situations. The new remittance scheme will be powered by Ripple’s xRapid and xCurrent services.

article thumbnail

The Canadian Case For ISO 20022

PYMNTS

That’s probably sound advice for any market hoping to achieve faster, more efficient payments — especially cross-border — by adopting a unified payments messaging system. Now, Canada is taking on the education and marketing effort.