Traditionally slow and expensive as a result of legacy banking infrastructure, FinTechs are beginning to capitalise on the inefficiencies which have held back cross border payments. Providing solutions for both B2C and B2B customers, faster and at a lower cost than their incumbent counterparts, new entrants are set to break the monopoly banks have held over these services for decades.

The second video in The Banker Masterclass series with Banking Circle explores the role that utilities can play in reducing cost and increasing efficiency in cross border payments.

If you missed part one, you can watch it here.