(13 October 2026 – Global) The next phase of payments innovation is about certainty, transparency and trust as new market developments highlight how the industry is focusing on smoother, faster and more predictable money movement.
The Banker reports that the infrastructure behind international payments remains complex but the objective is clear: cross border payments need to be simpler. The industry has traditionally focused on the systems that enable secure money movement globally: correspondent banking networks, messaging standards, settlement arrangements and operational processes.
These foundations remain critical, but as payments become faster and increasingly digital, success is measured not only by how payments are processed, but also by the customer experience.
“The expectations of businesses operating internationally are changing. Speed remains important, but clients also need greater certainty over when a payment will arrive, how much it will cost and what the recipient will receive. Greater predictability can build confidence as businesses trade and grow across markets” commented Lloyds Head of Transaction Banking Products, Surath Sengupta.
“With more choice in the market, customers are increasingly comparing experiences and expecting greater transparency and consistency in how payments are delivered. The challenge for us is to make our services even simpler, more predictable and easier to use” stated Lloyds Head of Payments Industry and Regulation, Stuart Bailey.
East & Partners latest Australian and New Zealand Business FX and Cash & Payments services examine the link between FX and cross border payments:
- Do CFOs and treasurers view cross border payments and associated FX management and costing functions in a combined way or as two distinct functions?
- When making cross border payments, do corporates execute in their home currency and leave FX conversion to the recipient, execute in the recipient’s currency or use a mix of both depending on the corridor?
- As stablecoins and new capability become more mainstream, what is the main method for transacting across border payments both now and in 12 months’ time?
For data driven insights on the above and much more enquire now for access to the latest Business FX analysis based on direct interviews with key decision makers across Australia, New Zealand, Hong Kong, Singapore, the United States and United Kingdom.