Having reflected on what the top priority is for businesses looking to enter the cross-border payments space, we now turn our attention to the future, and how the sector will evolve in 2024.
Practical improvements await
Rachel Levi, global head of innovation engineering, Swift, the cross-border payments provider, notes how the company and ecosystem are working to make practical improvements to international payment speed.
“The G20 roadmap for cross-border payments remains an important touchstone for the industry as it works to make payments cheaper, faster, and more accessible to all. Now in its fourth year, the roadmap is pivoting to practical improvements and the targets are welcome guiding points behind which the industry can focus its efforts.
