Cross-Border Payments - FF Awards - Fintech Finance

Cross-Border Payments

The world is now a much smaller place, and E-commerce has played a huge part in this. Transactions for goods and services, of varying volumes, are happening between currencies at an incredible scale. And that volume is only increasing. Technology and communications have enabled us to minimise this barrier to trade.

Despite this, there are still cross border transactions that are too expensive, and are even slower than flying cross-continent with a suitcase full of cash.

How does the speed and ability we can attain by technology power cross-border payments to make an impact in the world; not just for financial services, but all industries?