Missed opportunities for cross-border payments

Payments and FinTech can’t keep up with their clients’ demand for international services, according to a new paper by Saxo Payments. The firm’s white paper, Missing the Opportunity, identified barriers that corporate face when attempting to transact globally, highlighting the gaps that financial service providers struggle to fill. The cost and speed of international payments are among businesses’ top concerns, while the manual processes involved with such transactions are also high on the list, according to a survey conducted by Saxo. Read more: www.pymnts.com