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Overcoming Transaction Banks’ Cross-Border Payments Pain Points

2 21 October 2024 1,535 Be the first to comment

This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.

In a FinextraTV interview for Sibos 2024, Chad Wallace, Global Head of Commercial Solutions, and Alan Marquard, Global Head of Transfer Solutions at Mastercard, discuss existing pain points for banks in facilitating commercial cross-border payments, including trapped liquidity and high rates of failed payments. As global trade grows, they see opportunities in developing solutions that help banks overcome these issues and transform the experience for their corporate customers.