Tag: Cross-border Payments
The Inefficiencies of Traditional Cross-Border Payments and Why Change Is Needed
Cross-border payments remain one of the most outdated areas of financial services. While fintech has transformed many aspects of banking, international money transfers still rely on slow, expensive, and inefficient systems. Banks process these payments through multiple intermediaries, increasing costs and delays. With growing demand for faster, cheaper alternatives, fintech firms and blockchain solutions are…