The Faster Payments Council (FPC) recently published a new report, B2B Cross-Border Payments: Expert Insights on Faster Payments Adoption, which explores the most pressing challenges facing B2B cross-border payments and practical strategies for addressing them. While cross-border B2B transactions remain critical to global trade, many organizations still contend with friction around settlement speed, liquidity management, foreign exchange, compliance, data quality, and fraud risk.

The report outlines seven core barriers to adoption of faster cross-border payments and highlights how modern payment hubs, APIs, and emerging technologies can help overcome these obstacles. Drawing on insights from industry experts, the report also discusses operational impacts and where future progress may be needed.