Cross-border payments reforms continue to take shape. It is important for community banks to understand opportunities and significant changes in this space. The G20 roadmap continues to take shape around three key areas. 1) Payment system interoperability and extension, 2) Legal, regulatory, and supervisory frameworks, and 3) Cross-border data exchange and message standards. This episode examines an article from Independent Banker Magazine titled “What should community banks know about cross-boarder payments?” A link to the article is included below.
Link: What Should Community Banks Know About Cross-Border Payments?
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