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New pieces of technology, like Synapse, assist Citi in migrating clients to newer technologies, and newer ways to settle and clear more efficiently. ....
Baft has updated its playbook to help respondents establish and maintain correspondent banking relationships not an easy feat under current stringent financial crime compliance regimes. ....
While AI solutions and ISO 20022’s rollout offer some relief, the challenges to correspondent banking remain acute in an era of ever greater de-risking. ....