Source: en.wikipedia.org
China’s cross border payments system debuted this week to little fanfare. The hours are short, for one thing. Here’s what bears watching as CIPS works...
The emergence of real-time payment services is transforming the payments landscape, according to a new research paper from financial cooperative SWIFT. Businesses now expect the...
Despite pressure from politicians, the U.S. and its allies won’t push to expel Russia from the SWIFT global financial-messaging network, Bloomberg News reported. At a...
Global financial-messaging network SWIFT has extended its Sanctions Screening service to support all messages used in financial transactions, regardless of format or financial network, according...
European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it,...
The Banking Payment Obligation (BPO) — the electronic document designed to replace the paper-document Letter of Credit — is steadily gaining ground among banks and...
Managing the “dozens of ACH islands” that exist around the worldwide in order to pay hundreds or even thousands of payments to suppliers is typically...