He Highly Fragmented Global Payments Network Isa Hotc Suite Discussion Topic Even Though Business Has Already Become News Today : Breaking News, Live Updates & Top Stories | Vimarsana
New Delhi [India], September 6 (ANI/GPRC): The recent 'Essential Payments Transformation' report released by NIUM in August 2022 highlights the need for a 'Global by Default' approach to modern money movement. As part of the report, NIUM- the global platform for modern money movement- spoke to 172 business leaders and summarised that global businesses have unfortunately been relying on a fragmented patchwork of solutions to move money. 89 per cent CEOs say that streamlining payments is key to competitive advantage. Modern money movement can help accelerate growth, maintain competitive advantage, and retain market share in the future. The way the world works and moves money has changed irreversibly. Hence, the highly fragmented global payments network is a hot C-suite discussion topic. Even though business has already become global, money is still controlled, regulated, and moved differently according to geography. Add to this, the risk of fraud, money laundering, and fu