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    Question

    What key technology is recommended by the IFSCA Circular

    (January 8, 2024) for real-time tracking and transparency in cross-border payment processing?
    A Blockchain Correct Answer Incorrect Answer
    B SWIFT GPI Correct Answer Incorrect Answer
    C FinTech Cloud Correct Answer Incorrect Answer
    D MT 910 Messaging Correct Answer Incorrect Answer
    E MT 940 Messaging Correct Answer Incorrect Answer

    Solution

    The IFSCA recommends using SWIFT GPI (Global Payments Innovation) for continuous visibility and real-time tracking in cross-border payments.

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