The Swift MT to MX migration is prompting banks to reassess not just their messaging infrastructure, but their entire cross-border payments strategy. Over 80% of banks worldwide plan to modernize their cross-border payment systems within the next 18 months—giving financial institutions a prime opportunity to level up.
This new Celent paper offers banks a clear action plan to future-proof their strategies. Download the report to maximize your share in the cross-border payments market.
Discover:
- The impact of regulatory initiatives, such as the "Roadmap for Enhancing Cross-border Payments" in the G20 economies
- The ways that technology and the new rails are democratizing cross-border payments and opening opportunities for mid-market players
- The need to choose the right technology partner to help navigate the complexity of choice – from digital assets to linking instant payment systems to fintechs to traditional remittance providers
- Essential features to look for when selecting a solution, such as smart routing capabilities