Source: en.wikipedia.org
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. Get...
First Investment Bank (Fibank) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. Get the Full...
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...
Today in the payments news roundup, SWIFT and Microsoft have teamed with Bank of New York Mellon (BNY Mellon) to finalize the pilot of the...
SWIFT and Microsoft have partnered with Bank of New York Mellon (BNY Mellon) to finalize the trial of Cloud Connect, a new payments solution, BNY...
Build or borrow? For today’s payment service providers, accelerating payments across borders means either developing new infrastructure, or making use of existing rails, to move...