Tag : SWIFT

Chainlink and 8 Major Market Participants Launch AI-Powered Corporate Actions Initiative To Address Unstructured Data Challenge for the Financial Industry
Artificial Intelligence Blockchain News

Chainlink and 8 Major Market Participants Launch AI-Powered Corporate Actions Initiative To Address Unstructured Data Challenge for the Financial Industry

PR Newswire
by PR Newswire0
The industry initiative brings together leading financial and market infrastructures, Euroclear and Swift, along with some of the world’s largest financial institutions, including UBS, Franklin Templeton, Wellington Management, CACEIS, Vontobel, and Sygnum Bank. Chainlink announced the results of an industry initiative that harnesses the combined advancements in AI, oracles, and blockchain technology......
Nium Enables Financial Institutions to Connect to its Real-Time Payments Network via Swift
Finance Fintech News

Nium Enables Financial Institutions to Connect to its Real-Time Payments Network via Swift

PR Newswire
by PR Newswire0
The initiative allows banks to make payments through Nium using their existing Swift capabilities, eliminating the need for complex API integration and lowering cost of cross-border transfers Nium, the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift......
Swift to Launch AI-Powered Fraud Defence to Enhance Cross-Border Payments
Artificial Intelligence Digital Payments Fintech News

Swift to Launch AI-Powered Fraud Defence to Enhance Cross-Border Payments

Business Wire
by Business Wire0
Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime The new service follows a successful pilot with financial institutions across Europe, North America, Asia and the Middle East, and is part of a broader portfolio of Swift-facilitated AI innovation......
Lakeside Bank Adds Real-Time Payments and Enhances Swift Processing With Volante Technologies
Digital Payments Fintech News

Lakeside Bank Adds Real-Time Payments and Enhances Swift Processing With Volante Technologies

PR Newswire
by PR Newswire0
Community bank modernizes payments services with Volante’s Payments as a Service (PaaS) for SWIFT cross-border, RTP real-time, and FedNow instant payments Volante Technologies, the global leader in Payments as a Service (PaaS), announced that Lakeside Bank, a leading community bank with over $2.64 billion in assets that specializes in serving mid-sized and larger......
Swift-and-Global-Banks-Launch-AI-Pilots-to-Tackle-Cross-Border-Payments-Fraud
Artificial Intelligence Finance Fintech News

Swift and Global Banks Launch AI Pilots to Tackle Cross-Border Payments Fraud

Business Wire
by Business Wire0
The cooperative has convened financial institutions for two pilots that will use AI to enhance fraud detection in cross-border payments Swift is using its unique role to bring the finance industry together to improve anti-fraud capabilities by using leading AI technology AI could help the payments industry save billions in......
Swift Standardises Payments End-to-End and Gives Banks Ready-to-Use Tracking Services to Enhance Corporate Experience
Digital Payments News

Swift Standardises Payments End-to-End and Gives Banks Ready-to-Use Tracking Services to Enhance Corporate Experience

Business Wire
by Business Wire0
Swift has set out plans to help financial institutions streamline the cross-border payments experience for their corporate customers, by extending ISO 20022 across the entire payment chain and giving banks ready-to-use, white-labelled tracking services that can be activated for customers at the click of a button. In what marks a......
Veritran connects with Swift to enhance user experience and increase transparency in cross-border payments
Finance Fintech News

Veritran connects with Swift to enhance user experience and increase transparency in cross-border payments

PR Newswire
by PR Newswire0
The collaboration aims to address demands from users, retail, SMEs and large corporations. Synergy enhances speed and transparency by streamlining financial operations. Veritran announces a collaboration with Swift, the world’s leading provider of financial messaging services, that will enable financial institutions to offer an enhanced and streamlined cross-border payments experience......
Digital Digital Payments Featured Fintech Primers

What Are Cross-Border Payments In The UK?

Pooja Choudhary
by Pooja Choudhary0
Introduction In this blog, we shall highlight the CBP for the United Kingdom. Any “national payment” or “cross-border payment” made in British pounds or any other EU currency that requires a currency conversion falls under the purview of the UK regime. All parties involved in a “national payment” are based......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
IBM Payments Center Joins Swift Partner Programme Creating New Collaboration Opportunities with Swift Members
Digital Payments News

IBM Payments Center Joins Swift Partner Programme Creating New Collaboration Opportunities with Swift Members

PR Newswire
by PR Newswire0
IBM announced that the IBM Payments Center joined the Swift Partner Programme. The IBM Payments Center is a comprehensive payments-as-a-service solution that uses open, standards-based technologies to deliver managed payment and cash management services. It helps financial institutions and other businesses modernize their payment platforms and access the latest cognitive and AI technologies in......
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