
Scotiabank Market Points Let’s Talk Payments: The transformation of cross-border payments
Sep 18, 2023
Learn about recent advancements, trends, and game-changing innovations in cross-border payments. Explore the transformation of cross-border payments and the enhancements made in transparency, tracking, and transaction time. Understand the importance of instant and transparent cross-border payments, and the need for certainty, trust, credibility, and security. Discover the complexity of global payments and the collaboration between banks and experts to ensure a safe and secure infrastructure. Dive into the success of GPI and the development of SwiftGo, leveraging domestic real-time rails and the adoption of ISO 20022 as the global market infrastructure standard.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
The Transformation of Cross-Border Payments and Enhanced Tracking Abilities
02:18 • 3min
The Importance of Instant and Transparent Cross-Border Payments
05:18 • 2min
The Complexity of Global Payments and the Importance of Security
06:50 • 4min
Transforming Cross-Border Payments with GPI and ISO 20022
10:58 • 12min
