Frictionless cross-border payments: Alternatives to correspondent banking

Payments innovation is at an all-time high in the financial industry. The reality of real-time, frictionless payments has led to expectations of a better payments experience for all payments methods and types, including cross-border payments.

Message standardisation utilising the ISO 20022 messaging format is a key component in improving cross-border payment automation and providing a foundation in developing interoperable services across geographic lines.

This free white paper, Frictionless Cross-Border Payments: Alternatives to Correspondence Banking, commissioned by Volante Technologies and produced by Aite Group, addresses the importance of capitalising market opportunities.