(source: en.wikipedia.org)
SWIFT is launching its global Know Your Customer (KYC) registry to more corporate groups, SWIFT announced in a press release on Monday (Dec. 16). The...
San Francisco-based blockchain FinTech Ripple is being questioned about its claims that rival cross-border payments firm SWIFT has a 6 percent error rate, AMBCrypto reported...
Cross-border payments still present challenges, but the landscape is changing rapidly. Swift recently announced that its gpi service can integrate with domestic real-time systems to...
The buyer is in Canada. The seller is in Singapore. The transaction wends its way across borders, in the middle of the night, settling instantly. In...
First Investment Bank (Fibank) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. SWIFT gpi provides...
HSBC debuts a new API geared toward trade finance. Separately, cross-border payments embrace business payments using XRP. In Russia, eight banks sign on to the Russian...
Criticism of the world’s correspondent banking network continues to mount — and at the same time, the number of correspondent banking relationships is on the...
SWIFT said this week that a new service will integrate gpi into instant payment offerings across the globe. Separately, in India, seven banks sign on to...