From education to business to healthcare, the opportunities that artificial intelligence presents are limitless — at least according to proponents of the technology. But what about the specifics of AI’s actual applications? “I think the impact on payments is pretty significant,” AI-ID founder and CEO Shaunt Sarkissian told PYMNTS...
Payments messaging company SWIFT is gearing up to close its Trade Services Utility (TSU), a workflow engine aimed at facilitating value-added supply chain services. Reports in Global Trade Review (GTR) on Monday (April 8) said SWIFT will switch off its TSU in December 2020. “TSU has...
SWIFT, a payment messaging firm based in Belgium, began implementing its SWIFTNet Instant service for the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service on Friday (November 30), when the first banks using it went live, according to a report by the company. The service allows...
June 14, 2024
It might not get the amount of play that real-time payments, open banking and artificial intelligence get, but the global payments industry reached a milestone recently when the U.S. CHIPS network, one of the world’s largest dollar clearing systems, completed its migration to the ISO 20022 messaging standard. This move brings the industry one step […]
November 30, 2018
SWIFT, a payment messaging firm based in Belgium, began implementing its SWIFTNet Instant service for the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service on Friday (November 30), when the first banks using it went live, according to a report by the company. The service allows customers to make instant payments from anywhere inside the Single […]
