Collaboration Is Key For Consensus On Cross-Border Payments
PYMNTS
SEPTEMBER 11, 2019
Electronic bank transfers (16 percent) and regular ACH (11 percent) are also popular. In July, SWIFT released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. In the Nordics, we know the benefits of collaboration in the standards space.
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