International business transactions are slow and expensive. But why?
Really great piece. Thanks for the hard work and putting it together.
Very informative. The delta upside to spending billions justifies the need to improve cross border payments!
This was very informative!
It looks like there is a typo in the following sentence, one of the years listed is probably wrong:
"U.S. banks spent an estimated $80B on technology and IT in 2021, which is expected to grow to $114B in 2021...".
It would be helpful if this type of fact was linked directly to the source it came from.
Great article! I am curious on how you think Money Transfer companies can help solve this issue as well. Esp Wise/Remitly etc that are building APIs for businesses to use their network of payout methods etc
Really great piece. Thanks for the hard work and putting it together.
Very informative. The delta upside to spending billions justifies the need to improve cross border payments!
Very informative. The delta upside to spending billions justifies the need to improve cross border payments!
This was very informative!
It looks like there is a typo in the following sentence, one of the years listed is probably wrong:
"U.S. banks spent an estimated $80B on technology and IT in 2021, which is expected to grow to $114B in 2021...".
It would be helpful if this type of fact was linked directly to the source it came from.
Great article! I am curious on how you think Money Transfer companies can help solve this issue as well. Esp Wise/Remitly etc that are building APIs for businesses to use their network of payout methods etc