Project Agorá recently launched a public call for the participation of private sector entities, aiming to address today’s payment challenges, especially in cross-border payments, through the joint efforts of public-private partnerships. Cross-border payments will also face challenges such as different legal, regulatory, and technical requirements, operational hours, and time zone differences. Additionally, the complexity of implementing financial integrity controls (such as anti-money laundering and customer verification) is increased, as in the existing financial infrastructure, the same transaction typically goes through multiple intermediaries. Project Agorá hopes to improve these circumstances through a “public-private programmable core financial platform”.

Project Agorá recently issued a public call for the participation of private enterprises, hoping to overcome today’s payment challenges, especially in cross-border payments, through the joint efforts of public-private partnership. Cross-border payments will also face challenges in different legal, regulatory, and technical requirements, operational hours, and time zone differences. Additionally, the complexity of implementing financial integrity controls (such as anti-money laundering and customer verification) is increased, as in existing financial structures, the same transaction usually goes through multiple intermediaries. Project Agorá aims to improve these situations through a “public-private programmable core financial platform.”