The growth of international ecommerce has resulted in the world’s markets becoming more entwined than ever before. Though banks have stepped up to the challenge of facilitating an ever-growing volume of international payments, they face increasingly stiff competition from card networks, remittance providers, and non-traditional financial institutions, particularly for the lower fees they charge and the efficient cross-border transactions that they facilitate. More banks are now finding success in these market spaces by choosing a digital payment solution that helps remove different friction points in local and international payments. Here’s how choosing the right digital payment system can help your bank remain competitive. Removes the Roadblocks in International Payments It’s no longer unusual for product and labor supply chains to have links in several different countries. Today, even small-to-medium enterprises (SMEs) and microbusinesses can reap the benefits of having such setups. Choosing the right digital payment solution can enable your bank to tap into...