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12min chapter
863. Focus: How to revolutionise cross border payments for businesses in Southern Europe
Fintech Insider Podcast by 11:FS
The Role of AI in Cross-Border Payments and Business Integration
This chapter explores the significance of partnerships in FinTech for cross-border payments, focusing on how AI enhances network resilience, transaction analysis, and customer service. It discusses the integration of AI in various business aspects like onboarding, fraud detection, and payment reconciliation, emphasizing the benefits for small businesses. The conversation also highlights the need for innovation in back-office functions, expansion of payment networks, and the potential of open banking in enhancing user experience and reducing costs in cross-border transactions.
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