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Banks Caught Flat-Footed as Global Payroll Rides Innovation Wave

  • The rise of the contingent workforce is pushing companies, banks, and FinTechs to enhance global compensation infrastructure.
  • Global payments demand is increasing, while regulatory complexities related to compliance and KYC have intensified.
  • Traditional banking systems are struggling to support real-time global transactions, leading to payment delays and friction.
  • Papaya Global leverages automation and compliance expertise to streamline cross-border payroll processes for a seamless global hiring experience.

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