Payment System

Faulty Venezuelan Payments System Creates Delays, Chaos
Faulty Venezuelan Payments System Creates Delays, Chaos
September 05, 2018  |  International

The launch of a new payment system in Venezuela hasn’t gone smoothly, with citizens facing long lines for gasoline in border states. According to Reuters,...

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The SWIFT Debate, In Europe And Beyond
The SWIFT Debate, In Europe And Beyond
August 30, 2018  |  B2B Payments

There may be no swift end to this SWIFT debate. Germany’s foreign minister, Heiko Maas, said late this month that there should be an alternative...

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SWIFT Debate Shows Politics, Payments Make Strange Bedfellows
SWIFT Debate Shows Politics, Payments Make Strange Bedfellows
August 29, 2018  |  Global Payments

The headlines all play on  the name “SWIFT” in some form or another: “Germany Wants A Swift End To SWIFT,” or “Some Critics Want A...

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SWIFT Names Barclay’s Dave Scola North America Head
SWIFT Names Barclay’s Dave Scola North America Head
August 29, 2018  |  Personnel

SWIFT has announced that Dave Scola is its new head of North America. Based in New York, Scola will be responsible for SWIFT’s innovation and...

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Europe Seeks SWIFT Alternative
Europe Seeks SWIFT Alternative
August 27, 2018  |  Europe

To help attain financial independence, Europe has reportedly been working on a money transfer system. It would be separate from the prevailing Society for Worldwide...

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