Financial Institutions and Tech Firms Join Initiative to Explore Cross-Border Payment Tokenization
More than 40 financial institutions and tech firms join a central bank-led initiative to explore cross-border payment tokenization, aiming to enhance efficiency and security while addressing concerns about fraud.
This initiative marks a pivotal step in modernizing cross-border payments, aiming to create a more efficient, secure, and transparent framework for international financial transactions. As the project progresses, it seeks to contribute to a more resilient and innovative global financial system.
