Speed is table stakes. What separates scalable cross-border businesses from the rest is who controls the payment rails beneath the transaction.

At Money20/20 Asia in Bangkok, PingPong's Aaron Xu spoke with Bank of America's APAC Head of Payments Winnie Chen on a panel, "Trust at Scale: The Architecture Behind Moving Money in a Fragmented Global Commerce Landscape."

Here were our key takeaways:

Market structure shapes settlement speed and foreign exchange management

Direct access to payment schemes means fewer intermediaries, richer transaction data, and faster resolution when something goes wrong.

For clients managing high volumes across multiple currencies, that visibility from instruction to settlement is critical: it reduces uncertainty, improves forecasting, and strengthens FX management for enterprises.

For PingPong, this means richer data, fewer points of failure, faster resolution, and full transparency across the transaction. We're able to provide this through SWIFT membership, and key bank-fintech relationships that provide direct access to SEPA, BACS, CHAPS, and Faster Payments.

Trust and predictability are now the most valuable currencies in global payments

For CFOs and finance teams looking to scale, they want to rest assured that a payment will arrive when it's supposed to, in the right amount, and with clean payment reconciliation.

That's where fintech compliance infrastructure becomes a competitive moat, and why we've invested in building a compliance infrastructure backed by over 60 financial licenses around the globe. When compliance is a core foundation for business, you can operate with bank-grade security, trust, and compliance protocols to develop the best solutions for global businesses.

Fast payments are good. Predictable payments are better.

Bank-fintech partnerships will power the next era of cross-border payments

Each one brings different strengths to the table, depending on who is using it.

A global enterprise may favor banks because they bring institutional trust, regulatory depth, and relationships built over decades. Reliability is key, alongside a connection that works with their current tech stack and systems. SMEs may favor fintechs for instant transfers, local licences, and the agility to move quickly on specific use cases.

But when a bank and fintech work together? The result is the most comprehensive payment coverage that combines the agility of fintech with the institutional trust of a traditional bank, giving customers convenience without sacrificing confidence.

That's why PingPong has spent the last decade working with top-tier banking institutions to develop a unified payment platform that connects essential global payment rails through a single platform.

What's next?

The future of cross-border payments hinges on reliable infrastructure and predictable payments. Banks are becoming more selective about the partners they work with.

In three to five years, the platforms that will be most relevant are the ones that invested early in compliance, banking relationships, and genuine technical depth.