Reducing Payment Friction in FX and Fintech: Fees, FX Spreads, Settlement, and Finality (opens in new tab)

Business leaders tend to focus mainly on optimizing supply chains and increasing sales. Yet one of the most significant drains on profitability remains hidden in plain sight: the legacy banking system. For global companies, the standard cost of doing business through traditional payment rails has become a heavy and unnecessary tax on growth.The Hidden CostFor years, companies have accepted a 3–6% loss on card deposits and international wires as an unavoidable reality. Between intermediary ban...