Cross-border payments are a vital part of global trade, remittances, and financial services industry. While international payments experience has improved over a period—especially with ISO 20022 adoption—many remain expensive and slow. As digital commerce grows and customer expectations rise, banks and payment providers must find better ways to move money across borders to remain competitive—especially as customers increasingly turn to faster, cheaper alternatives, bypassing traditional banking channels. With over $1 quadrillion in global transaction value, the pressure to improve speed, transparency, and cost-efficiency has never been greater.

Financial institutions also must navigate a growing web of global regulations such as ISO 20022, data protection laws, anti-money laundering (AML) requirements, and real-time fraud prevention. Meeting these compliance demands and safeguarding high value payments—while improving speed, transparency, and cost-efficiency—is now a top priority for banks worldwide. Global initiatives such as the G20 targets and Project Nexus are accelerating this shift, pushing institutions toward more seamless, interoperable, and inclusive payment systems. Maintaining and funding correspondent banking relationships—especially for broader markets is increasingly complex.

In this webinar, hosted by Finastra, global experts will discuss how banks can improve cross-border payments experience. The session will focus on practical solutions, key trends, and how collaboration and technology can help build a more efficient and inclusive global payments system.

1. Understanding the global shift in cross-border payments

a) Why is the G20 initiative important, and what does it mean for banks in terms of regulatory compliance and competitiveness?
b) How are evolving customer expectations driving banks to explore alternative cross-border payment providers and networks?
c) What alternative networks or models are emerging, and how should banks evaluate them based on corridor coverage, cost, and settlement speed?

2. Modernizing infrastructure with cloud, APIs, and multi-rail systems

a) How can cloud platforms help banks scale operations, manage peak volumes, and improve operational resilience?
b) Why must banks shift towards centralized, composable, API-based, and multi-rail payment systems?
c) What are the practical considerations when choosing between single-cloud and multi-cloud environments?

3. How collaboration can help banks future proof their payments business

a) What strategic advantages banks can gain by working with technology and infrastructure partners?
b) How can technology help banks move beyond cost-saving, turning payments into profit centers to enhance customer retention?
c) How cloud providers bring scalable infrastructure—empowering banks to innovate securely and realize rapid time-to-value