Bank of America Says the Future of Cross-Border Payments Is Transcontinental Transparency

“If I had to define the current state of the cross-border landscape, I would say that there’s a lack of transparency,” Isabel Baransky, a director in Global Transaction Services at Bank of America and head of auto conversion products in transactional FX payments, told PYMNTS. That’s where the promise of modern technical innovations and data-driven insights comes in.