How BNDRY helped a leading global payment network improve the speed of cross border payments

Highlights * Missing, incomplete or incorrect information previously took up to 15 days to resolve * Multiple teams across many banking and payments partners needed to manually resolve requests for information * Global payments network able to expand and improve customer experience across the world Customer overview This global payment company enables secure

Information collection survey Nov-Dec '24

This November, we’re running an industry research program and we want to hear from experts like you!

Survey reveals confusion around IFTI reporting

Complete and accurate reporting to regulators is a challenge for many financial institutions, with changing legislation, technological innovation, and new payment standards adding complexity to the puzzle. International Fund Transfer Instructions (IFTIs) are perhaps the most complicated reportable transaction to understand for AUSTRAC-regulated entities, as different jurisdictions and ambiguity in

AUSTRAC reporting in 2023: Are you ISO 20022 ready?

The migration to the new ISO 20022 payment standard is well under way, with the coexistence period for SWIFT messaging starting this month. While the move to ISO 20022 promises many benefits—including richer, more structured data, less manual interventions, and enhanced harmonisation between cross border and domestic payments—many