Bank of AmericaBAC

Daily Market Briefing

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Bank of America completes first external pilot for cross-border real-time payments.

Bank of America has successfully completed its first external pilot for cross-border real-time payments, collaborating with Bradesco to execute a transaction using existing Swift channels and Hong Kong's local real-time payment infrastructure. This development demonstrates Bank of America's commitment to enhancing its cross-border payment solutions.

Key points

  • Bank of America completes first external pilot for cross-border real-time payments.

Sources

AI-generated from public news sources. Not financial advice.

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