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Most cross-border payments are done through the Society for Worldwide Interbank Financial Telecommunication, or Swift, a Belgian organization started in 1973 that counts 11,000 financial institutions as members. But its legacy system has inefficiencies. Because few banks are connected directly to each other, a payment that originates in Kansas City and is bound for Nairobi might have to stop at banks in New York and London before reaching its final destination, with each bank extracting a fee.
oh I really like forbes for such the news. visa was always the best payment system and it is a fact. visa & blockchain has to be boom!
the new era comes. the cryptoera comes. if even visa understands that blockchain has too much pros and is needed fo sure.. nothing to add here I'm proud of Visa
MMohamedAbshir SenatorAbshir huseinabshir
I would like to propose a small change. one=one.1
when Ripple ?
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
स्रोत: Reuters - 🏆 2. / 97 और पढो »