Cross-border payments volume continues to increase, and inefficiencies in processing international transfers are straining corporate back offices that are using manual processes to interact with their banks. However, the opportunities to improve the cross-border payments experience are wide open to those who are looking to innovate and lead the market.
This report focuses on the opportunities and challenges with one of the oldest payment methods, cross-border payments. It is based on a Datos Insights survey of 1,037 employees of midsize and large businesses, past Datos Insights research and extensive conversations with industry experts and practitioners, and the author’s extensive knowledge of the market.
Clients of Datos Insights’ Commercial Banking & Payments service can download this report.
This report mentions Swift.
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