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)

Today In B2B: Western Union Boosts Business FX; Barclays Launches SMB Banking Package
Today In B2B: Western Union Boosts Business FX; Barclays Launches SMB Banking Package
February 25, 2021  |  B2B Payments

Today in B2B payments, Western Union Business Solutions integrates SWIFT gpi, and Barclays launches a small business banking package. Plus, Mastercard teams with Deutsche Bank...

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Businesses Drive Up Demand For Settlement Speed
Businesses Drive Up Demand For Settlement Speed
February 18, 2021  |  B2B Payments

A forward-thinking corporation’s massive bet on bitcoin may not be the boon that blockchain had hoped for as it continues to entice treasurers as a...

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Today In B2B: Zomato Collabs On Restaurant Financing; Clothing Suppliers Face Mounting Challenges
Today In B2B: Zomato Collabs On Restaurant Financing; Clothing Suppliers Face Mounting Challenges
December 29, 2020  |  B2B Payments

Today in B2B payments, Zomato partners for restaurant financing, while Bangladesh clothing suppliers struggle through canceled orders and late payments. Plus, Wolters Kluwer bolsters its...

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Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
December 28, 2020  |  Cryptocurrency

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). Olga Skorobogatova, first deputy governor of...

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Real-Time Innovators Bring Data To Corporates
Real-Time Innovators Bring Data To Corporates
December 15, 2020  |  B2B Payments

Real-time rails continue to gain traction as solution providers debut new tools wielding existing instant payment infrastructure to enhance their offerings to business customers. Increasingly,...

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Today In Payments: SWIFT gpi Instant Goes Live In The UK; UK Revolut Customers Get Access To Early Payday Option
Today In Payments: SWIFT gpi Instant Goes Live In The UK; UK Revolut Customers Get...
December 02, 2020  |  News

In today’s top news, SWIFT launched gpi instant for real-time cross border payments, and Revolut introduced an early payday option for U.K. users. Plus, Cyber...

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Today In Digital-First Banking: Revolut Clients Get Access To Early Payday Feature; SWIFT gpi Instant Goes Online In UK
Today In Digital-First Banking: Revolut Clients Get Access To Early Payday Feature; SWIFT gpi Instant...
December 02, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, Revolut is introducing a new function in the U.K. that will offer access to direct deposits a day...

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SWIFT gpi Instant Goes Live In The UK
SWIFT gpi Instant Goes Live In The UK
December 02, 2020  |  Faster Payments

Belgium-headquartered payments solution provider SWIFT is introducing a new service for real-time cross-border payments and transfers called gpi Instant. “This is an important milestone in...

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DBS Bank Rolls Out Real-Time Tracking For Cross-Border Pay
DBS Bank Rolls Out Real-Time Tracking For Cross-Border Pay
October 21, 2020  |  B2B Payments

DBS Bank has launched a real-time online tracking feature for cross-border collections, a press release says, which will give better digital services for corporate clients....

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