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      BMO Joins Global Initiative to Enhance Cross-Border Payments

      BMO Financial Group has announced its involvement in Project Agorá, a global collaboration aimed at improving wholesale cross-border payments through the use of tokenization and programmability. This initiative is organized by the Bank for International Settlements (BIS) and the Institute of International Finance (IIF).

      Project Agorá seeks to explore innovative solutions that could streamline and enhance the efficiency of international payment systems. By participating in this project, BMO aims to contribute to the development of advanced financial technologies that could transform the landscape of global transactions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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