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Global Correspondent Banking Monitor - March 2025
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Global Correspondent Banking Monitor - March 202510:17 This month’s new developments in cross-border payments and correspondent banking. In this month’s Global Correspondent Banking Monitor, we examine the latest shifts in cross-border payments and correspondent banking worldwide. This edition covers Ripple’s regulatory milestone in Dubai, SEPA’s expansion to Moldova and North Macedonia, and Brazil’s push for a blockchain-based BRICS payment system. We also cover major fintech-bank collaborations, including Best Buy Canada’s partnership with PingPong, Citibank’s global payroll expansion with Papaya, and BriskPe’s RBI approval for cross-border payments in India. As alternative networks and digital solutions continue to reshape the industry, community banks must consider how to capture these growing opportunities in international payments. Read last month’s issue here. North America As global payment volumes grow,...
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Correspondent Banking Solutions