We outline the market outlook for blockchain cross-border payments & CBDCs in the financial services industry — from investment trends and leading companies to recommendations for the players in the space.
What is blockchain cross-border payment & CBDCs?
Blockchain cross-border payments and central bank digital currencies (CBDCs) companies leverage blockchain and distributed ledger technology to help banks, financial institutions, and businesses move funds across multiple entities and countries in real time.
Features & capabilities
Blockchain cross-border payments and CBDCs provide payment leaders with several capabilities, including the following:
- Digital currency management system
- On-demand liquidity service
- Cryptographic data protection
- Customizable payment system
- Real-time global payments
- Automated invoice matching
Benefits
Blockchain cross-border payments and CBDCs offer these substantial benefits to payment leaders:
- Reduced cost of receivables
- Improved customer experience
- Increased digital payments
- Reduced transaction fees
- Reduced operating costs
- Reduced payment failures
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