BNP Paribas partners Ant International to enhance cross-border payment solutions in Europe

French banking giant BNP Paribas is teaming up with China’s Ant International, signing an MoU in Zurich to enhance cross-border payment solutions in Europe. The partnership focuses on enabling merchants to accept payments from international mobile wallets through Alipay+ and exploring innovations in global treasury management with blockchain technology. Additionally, BNP Paribas will support UK payments firm WorldFirst, owned by Ant Group, for their SEPA scheme participation. The collaboration aims to improve payment efficiency and global liquidity management. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures