Almond FinTech, a global leader in cross-border payment innovation, has released its latest industry report, “2024 Top 10 Cross-Border Payment Trends”, shedding light on developments that will continue to shape the financial landscape over the next 12 months and beyond.
This comprehensive analysis explores the pivotal shifts driving efficiency, inclusivity, and innovation in international payments. With 2025 due to be another pivotal year for financial technology, Almond Fintech’s research shines a light on the trends setting the stage for the future.
Key Insights from the Report
The report, authored by Almond’s Chief Marketing Officer Howard Davidson, identifies the top ten trends redefining cross-border payments in 2024, including:
– Real-Time Payments: The accelerated adoption of instant settlement methods enhancing cash flow and improving supplier relations.
– Blockchain and Stablecoins: The growing role of decentralized systems and stablecoins like PayPal’s PYUSD in reducing intermediary costs and ensuring transaction transparency.
– Artificial Intelligence-Driven Payment Automation: How artificial intelligence is optimizing processes, reducing errors, and facilitating smarter financial decisions.
Other critical topics covered include ISO 20022 standardization, the ongoing decline of cash, the rise of financial inclusion in underserved regions, and cybersecurity’s growing importance in the digital payment era.
Download the Full Report Here
Transforming the Financial Landscape
The cross-border payments industry is witnessing an unprecedented evolution. With real-time payments, blockchain technology, and bank-fintech collaborations leading the charge, businesses, and financial institutions are poised to redefine how money moves across borders.
Almond FinTech is on a mission to empower financial institutions around the world with cross-border payment technology that transforms the way money moves. Almond has built proprietary and proven cross-border payment technology that maximizes speed, security, and transparency while reducing costs for institutions and their customers.
Howard Davidson, Chief Marketing Officer at Almond FinTech says:
“For payments providers, more is increasingly being asked of them when it comes to speed, security and transparency. Many of the trends found in our report – whether it’s the increased use of real-time payments or the growth of AI-driven automation – are in pursuit of these goals.”“Understanding and leveraging these trends is essential for staying competitive in a rapidly evolving global market.”
About Almond FinTech
Almond FinTech is a B2B financial technology company dedicated to transforming cross-border payments. Through cutting-edge solutions, Almond empowers financial institutions to deliver fast, affordable, and transparent international transactions.
For more information, visit www.almondfintech.com.
Media ContactCompany Name: Almond FinTechContact Person: Howard Davidson, CMO Email: Send EmailPhone: 1 617-771-7922Country: United StatesWebsite: https://www.almondfintech.com/
