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)

Amex Inadvertently Confirms Ripple Blockchain Platform Plans
Amex Inadvertently Confirms Ripple Blockchain Platform Plans
June 13, 2018  |  B2B Payments

It’s not entirely clear yet how — or if — blockchain will transform the financial services market, but that hasn’t stopped industry players from scrambling...

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Ripple, SWIFT Vie For Top Cross-Border Payments Spot
Ripple, SWIFT Vie For Top Cross-Border Payments Spot
June 07, 2018  |  B2B Payments

Competition in the cross-border payments market is on the rise as blockchain firm Ripple and payments messaging company SWIFT vie for market leadership. Reports in...

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SWIFT Caught Up In The Squeeze Over The Iran Deal
SWIFT Caught Up In The Squeeze Over The Iran Deal
June 06, 2018  |  Europe

SWIFT, as an organization, bills itself as a neutral player in the global economic system. That’s why the recent international flare-up over U.S. President Donald...

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Ripple Partners With Kuwait Finance House For Cross-Border Payments
Ripple Partners With Kuwait Finance House For Cross-Border Payments
May 31, 2018  |  Blockchain

Adopting Ripple’s system for international remittance payments, The Kuwait Finance House (KFH) has joined Ripple Net. The institution is reportedly the first bank in Kuwait...

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SWIFT gpi Accounts For 25 Percent Of SWIFT Cross-Border Payment Traffic
SWIFT gpi Accounts For 25 Percent Of SWIFT Cross-Border Payment Traffic
May 24, 2018  |  Payments Innovation

SWIFT announced Thursday (May 24) that 25 percent of all SWIFT cross-border payment traffic is being sent over the global payments innovation — or gpi — in the 15...

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Five At Five: Facebook Adds To Its Marketplace
Five At Five: Facebook Adds To Its Marketplace
May 23, 2018  |  News

Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today’s stories focus on Facebook’s enhanced Marketplace and...

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SWIFT Deepens Faster Payments Presence Across Europe
SWIFT Deepens Faster Payments Presence Across Europe
May 23, 2018  |  B2B Payments

Global payments logistics service provider EFiS is broadening its collaboration with payments messaging firm SWIFT to facilitate connection to faster payments networks in Europe, the...

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Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future
Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future
May 11, 2018  |  Sizzle/Fizzle

It’s never a good sign when the headlines begin widely speculating about a firm’s impending demise. That’s currently the media narrative for MoviePass, which has...

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SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults
SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults
May 10, 2018  |  B2B Payments

India’s banking sector, like others around the globe, is in the midst of a digital overhaul. Businesses are largely behind the push, with government initiatives...

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