Remove Distributed Ledger Technology (DLT) Remove Irrevocability Remove Legal Framework
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Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation

The Payments Association

While digital infrastructure is advancing, including cloud-native solutions and distributed ledger technologies (DLT), legal frameworks are still rooted in outdated assumptions, creating friction in what should be frictionless systems. What were finding is that the regulatory landscape needs to catch up.