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Let’s Talk Payments: The transformation of cross-border payments

Scotiabank Market Points

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Transforming Cross-Border Payments with GPI and ISO 20022

This chapter explores the success of GPI and the development of SwiftGo to enhance cross-border payments. It discusses the benefits of leveraging domestic real-time rails, the importance of data and the ISO 20022 standard, and the use of a single standardized format in Treasury Management Systems. The chapter also highlights the transformation of cross-border payments and the adoption of ISO 20022 as the global market infrastructure standard.

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