Can cross-border payments be made in real time?
Podcast |
Financial Futures
Publisher |
FIS
Media Type |
audio
Podknife tags |
Business, 
Fintech, 
Technology
Categories Via RSS |
Business, 
Investing, 
Technology
Publication Date |
Apr 27, 2021
Episode Duration |
00:28:32

Adoption and usage of real-time payments has accelerated during the COVID-19 pandemic, with the volume of real-time payments surging around the globe. In this new era of faster payments, Daniel Mayhew, GM, Real-Time Payments Cross-Border, FIS, says "the digital borderless commerce economy of 2021 demands faster payments, more efficiency, and more transparency. A simplified solution for cross-border payments is what we need."

Traditionally, when money is sent from one country to another, the payment process can be expensive, slow, and frustrating. But as global e-commerce booms, this complicated process no longer cuts it. In this episode of Financial Futures, we're breaking down the cross-border payment process to understand how these payments can be ramped up to real-time.

We'll also cover:

  • What are the roadblocks to making cross-border payments faster?
  • What are some cross-border payments use cases?
  • What technologies will make cross-border RTP a reality?
  • When can we expect to send a cross-border payment in real time?

Cross-border payments traditionally have been expensive, slow, and complicated. But with digital commerce growing and the demand for faster payments increasing, it's clear that the cross-border payment process needs a tune-up. In this episode of Financial Futures, Daniel Mayhew, GM, Real-Time Payments Cross-Border, FIS, joins us to explain how real-time cross-border payments will become a reality.

Adoption and usage of real-time payments has accelerated during the COVID-19 pandemic, with the volume of real-time payments surging around the globe. In this new era of faster payments, Daniel Mayhew, GM, Real-Time Payments Cross-Border, FIS, says "the digital borderless commerce economy of 2021 demands faster payments, more efficiency, and more transparency. A simplified solution for cross-border payments is what we need."

Traditionally, when money is sent from one country to another, the payment process can be expensive, slow, and frustrating. But as global e-commerce booms, this complicated process no longer cuts it. In this episode of Financial Futures, we're breaking down the cross-border payment process to understand how these payments can be ramped up to real-time.

We'll also cover:

  • What are the roadblocks to making cross-border payments faster?
  • What are some cross-border payments use cases?
  • What technologies will make cross-border RTP a reality?
  • When can we expect to send a cross-border payment in real time?

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