Mastercard Unveils Move Commercial Payments for Faster, Transparent Cross-Border Transfers
Wednesday, October 30, 2024
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Posted by: Sierra Lindemann
Mastercard introduced its new Move Commercial Payments solution at the Sibos conference, designed to enable near real-time, 24/7 cross-border payments for banks and their business clients. By integrating with banks' existing SWIFT infrastructure, this innovation aims to enhance liquidity management, reduce counterparty risk, and offer predictable, transparent transactions, addressing key challenges in today’s fast-growing cross-border payments market.
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