nanopay: The Global Middleman For Payments
PYMNTS
OCTOBER 11, 2017
As corresponding banking shrinks, said Cooke, direct point-to-point communications require multiple hops, and that can lead to more fraud, more mistakes and more mouths to feed along the way. Third, it reduces the anti-money laundering (AML) risk. Finally, it reduces the spread banks must offer to the end user.
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