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 said the new feature allows for dynamic query handling between banks on the SWIFT network. With the tool, banks...
Ecuador has announced the launch of an online business-to-business (B2B) marketplace. According to Produce Business UK, e-Ecuador — called the “Ecuadorean Alibaba” — enables buyers from around the world to locate and connect with more than 1,000 suppliers of the country’s products and fresh produce. Almost a quarter...
Amid an embrace of mobile payments and a push toward consumer choice, sometimes payments infrastructure must change. This week, the Monetary Authority of Singapore said it has launched SGQR (short for the Singapore Quick Response Code), billed as a single label that combines several QR...
Not everyone in the credit scoring business worries about validating their model — but they ought to. Sarah Davies, SVP of Analytics, Product Management & Research at VantageScore Solutions, explains how running a check on their own methodology can open up lenders to a whole...
May 02, 2019
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 said the new feature allows for dynamic query handling between banks on the SWIFT network. With the tool, banks can quickly resolve instances where operational, regulator or compliance information […]
