Tag "SWIFT"
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
Read MoreSWIFT 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
Read MoreSWIFT 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
Read MoreSWIFT 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
Read MoreSWIFT 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
Read MoreSingapore, 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
Read MoreAccessPay and Assembly Payments win SWIFT’s Global GPI Industry Challenge
SWIFT gives two FinTech start-ups the opportunity to work with the co-operative and gpi banks over a three-month period to further enhance cross-border payments, leveraging on SWIFT gpi. The two startups will receive up to 100,000 EUR each to further
Read MoreSWIFT and Accenture Identify Key Factors for Blockchain Tech Wide Adoption
Although blockchain holds many promises for the financial services industry, the technology will need to overcome many challenges before reaching wide adoption, according to a new paper by SWIFT and Accenture. The paper, which aims at formalizing SWIFT’s position on
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