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SWIFT
The Society for Worldwide Interbank Financial Telecommunication, legally S.W.I.F.T. SCRL, provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.
(source: en.wikipedia.org)
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EuropeEurope Seeks SWIFT Alternative
To help attain financial independence, Europe has reportedly been working on a money transfer...
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InternationalGermany Wants New, Non US Global Payments System
Germany’s Minister of Foreign Affairs Heiko Maas has called for the European Union (EU) to...
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B2B PaymentsIndia Grabs Headlines; Ripple Makes Waves In X-Border Efforts
India gains some traction with SWIFT's gpi service and cross-border payments, while even despite...
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InternationalCross-Border Grabs Spotlight Amid SWIFT, Blockchain Headlines
Payments infrastructure news tends to be global in scope, as firms and stakeholders eye...
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B2B PaymentsSWIFT Cleared To Link Into TIPS
Payments messaging service SWIFT has received clearance to provide access to the Eurosystem's TARGET...
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Security & FraudIran Central Bank Deputy Chief Arrested In Fraud Crackdown
The deputy chief of Iran's central bank was dismissed from the position and arrested...
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BankingSWIFT To Start Testing Enhanced Multi-Bank Standard For Cross-Border Payments
Financial messaging company SWIFT, along with a number of corporates and banks, announced Wednesday...
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Fraud PreventionLatin America Tries To Tackle Its Digital Security Problem
One of the recent cyberattacks against Latin American financial institutions, this one targeting Mexico’s...
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B2B PaymentsRussia Prepares For SWIFT Exit With Blockchain
Russia’s corporate treasurers are working with the nation’s central bank on a blockchain initiative,...
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Cross Border CommerceSWIFT Signs Up More Chinese Banks For GPI
A new deal involving SWIFT and 10 Chinese banks represents the latest move in...
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B2B PaymentsAmex Inadvertently Confirms Ripple Blockchain Platform Plans
It's not entirely clear yet how — or if — blockchain will transform the...
- B2B Payments
Ripple, SWIFT Vie For Top Cross-Border Payments Spot
Competition in the cross-border payments market is on the rise as blockchain firm Ripple...
