Value of the LEI in Cross-Border Payments: Enhancing Account-to-Account Owner Validation
In the evolving landscape of global finance, cross-border payments remain fraught with friction, risk, and inefficiencies. Among the many challenges — ambiguous identity, payment misdirection, fraud, and costly manual checks — one persistent deficiency is reliable verification of the counterparty (especially in account-to-account or “A2A”) flows. The Legal Entity...
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