To gain speed and transparency, cross border payments need new infrastructure. Recent news show partnerships among banks, and in some cases, consortiums of FIs. Some...
According to the latest Smarter Payments Tracker, global payment usage is at an all-time high. Revenues are forecast to hit $2 trillion by 2020, according...
A group of banks in Europe said they are trialing SWIFT instant gpi cross-border payments. Elsewhere, Square has launched a payment processing service for CBD...
SWIFT is expanding its network-wide payments validation toolkit, announcing Thursday (May 2) a new “in-flight” cloud-based payment investigation and resolution service. In a press release,...
SWIFT announced Thursday (March 21) that six Spanish banks, representing 85 percent of the cross-border payments market in Spain, have adopted SWIFT global payments innovation...
Financial messaging service SWIFT said this past week that it has fashioned a partnership with R3, a blockchain startup. The partnership will integrate the R3 platform into...
Payments messaging company SWIFT is expanding its gpi for Corporates (g4C) initiative, adding treasury management technology company BELLIN to its roster of early adopters of...
News from SWIFT on Wednesday (Jan. 23) showed continued traction in the financial messaging service’s annual and daily average traffic volumes. Per an announcement, SWIFT said that...
SWIFT said Tuesday (December 18) that its SWIFT gpi payment service is being used for more than half of SWIFT’s cross-border traffic. In a press release,...