Tag "SWIFT"
ACI Worldwide Adds Swift Go to Its Cross-Border Payments Offering for Banks
ACI Worldwide, a real-time payments software provider, announced the addition of Swift Go to its cross-border payments offering. Swift Go enables consumers and businesses to send simple, fast and transparent cross-border payments straight from their bank account, combining the power
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Swift Completes Sandbox Testing of API-Based CBDC Project
Swift said that 18 central and commercial banks found “clear potential and value” in its API-based Central Bank Digital Currency (CBDC) connector. Following a 12-week period of collaborative sandbox testing, almost 5,000 transactions were simulated between two different blockchain networks
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Top 10 Highlights from Last Week’s Singapore Fintech Festival
The seventh edition of the Singapore Fintech Festival (SFF), one of the world’s largest annual fintech events, kicked off on October 31, 2022 as an in-person event at the Singapore Expo. This year’s event, themed “Building Resilient Business Models amid
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SWIFT Embraces APIs, Partnership Strategy to Digitize Global Trade
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global member-owned cooperative and the world’s leading provider of secure financial messaging services, is upgrading its trade proposition, leveraging new communication channels, APIs, and embracing a partnership strategy to digitize the
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SWIFT Go Is Now Live With 7 Global Banks for Low Cost Cross-Border Payments
SWIFT announces the launch of SWIFT Go, a new service that enables small businesses and consumers to send fast, low-cost cross-border payments anywhere in the world, direct from their bank accounts. Seven leading global banks are now using SWIFT Go
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SWIFT and Singapore’s IMDA to Accelerate Global Trade Digitalisation
SWIFT and Singapore’s Infocomm Media Development Authority (IMDA) has signed a Memorandum of Intent (MOI) to accelerate trade digitalisation globally. The MOI looks at offering SWIFT’s community a more efficient and cost-effective cross-border paperless trade, without the need for multiple
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SWIFT Announces New Strategy to Enhance Its Processing Platform
SWIFT announced that over the next 2 years and beyond, it will continually enhance its payments and securities platform as part of a new strategy approved by its Board. The digital platform will use APIs and cloud technology to provide
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SWIFT Teams up With Singapore’s Stock Exchange to Trial Voting on the Blockchain
SWIFT announced that they will be working with Singapore Exchange (SGX) along with Deutsche Bank, DBS, HSBC and Standard Chartered Bank to work on a proof-of-concept on e-voting using blockchain. The trial will explore whether blockchain can help simplify the
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SWIFT Completes Trial — Cross Border Payments From Singapore Made in 30 Seconds
SWIFT recently shared the successful test results of its new instant cross-border payments proof of concept. This news follows on the heels of their previous announcement of launching a sandbox which allows fintech players to test on Australia’s New Payments Platform
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Singapore, China, Australia and Thailand Banks Join Forces to Build APAC Cross-Border Real-Time Payment
SWIFT has joined forces with a group of SWIFT gpi banks from Australia, China, Singapore and Thailand to develop a unique cross-border real-time payments service in the Asia Pacific region. SWIFT has held exploratory talks with banks from the Asia
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