In this webinar, our Principal Consultant Tim Richards, was joined by Piers Marais and Rich Arundel from Currency Cloud and Kristian T. Sørensen from Norfico as they explored the innovation in cross-border payments.
As businesses continue to transact across multiple countries and in different currencies, the need for innovation in cross-border payments will be the topic for discussion. Open banking initiatives are becoming a driving force for banks to migrate their systems and data to new cloud-hybrid architectures. These systems are interoperable but what are the potential vulnerabilities and how resilient are these solutions. When treasury departments within global organisations continually test digital solutions to optimise their cross-currency workflow, this must happen without disruption to existing operations. Outsourcing, if done right, presents opportunities for competitive advantage.
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