The cross-border payments landscape is attracting more and more attention. New solutions are being rolled out to address the many issues related to executing cross-border payments.
As reported by GTNews in the article entitled “Cross-border payments: ready, set, go …“, we witness major shift in technology to affect the already dynamic payments market:
- Use of distributed consensus ledger (DCL) such as Ripple – see also recent news on Global Banks joining Ripple’s Growing Network
- SWIFT’s own Global Payments Innovation Initiative (GPII) – see also separate article on this initiative
- Immediate payments in the European Union such as Euro Banking Association’s Instant Payments initiative.
INTIX will help you navigate through your domestic and cross-border payments whichever way / provider is being used to process those.