Tag : SWIFT

CBP
Digital Payments Featured Fintech Primers

What Is International Digital Cross Border Payment?

Pooja Choudhary
Digital Cross Border payments is the latest buzz work for ripe innovation across every technology firm. Before we deep dive into how digital payments work, its working principle, stake holders involved, parameters to improve, bottlenecks in the current system, let us first understand what is ‘international digital payments system’. Cross......
SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud
Finance News

SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud

Fintech News Desk
SWIFT and MonetaGo have achieved an important milestone in the global fight against fraud and duplicate financing, with the live launch of the Trade Financing Validation Service provided by MonetaGo over the global SWIFT network. “Trade finance is rightly understood to be a low-risk asset class that finances the real......
Ground-Breaking SWIFT Innovation Paves Way for Global Use of CBDCs and Tokenised Assets
Banking Digital Asset Management News

Ground-Breaking SWIFT Innovation Paves Way for Global Use of CBDCs and Tokenised Assets

Fintech News Desk
SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem. Read: PX Acquires Education Marketing Firm Edufficient The findings, from two separate experiments, solve the significant challenge......
Impel Launches Next-Gen Alternative to SWIFT, SEPA on the XDC Network
Finance News

Impel Launches Next-Gen Alternative to SWIFT, SEPA on the XDC Network

Fintech News Desk
Impel’s services will run on the XDC Network, a top 100 enterprise-ready hybrid blockchain project for global trade and finance Impel and the XDC Network announced the official launch of Impel, an alternative solutions platform for quickly and securely sending ISO 20022-compliant financial messages. It includes the option to add......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 26th October 2022
Fintech News

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

Fintech Staff Writer
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......
Swift and CapGemini Work on CBDC Gateway to Existing Payment Networks
Digital Payments Fintech News

Swift and CapGemini Work on CBDC Gateway to Existing Payment Networks

Fintech News Desk
Interbank messaging network Swift is working with Capgemini to explore ways to interlink the multiple domestic-based CBDC networks emerging worldwide with existing payment infrastructures for seamless cross-border payments In 2021, Swift conducted a first set of CBDC experiments that demonstrated it could successfully orchestrate a cross-border transaction between one entity......
New Bank Wire Network Launching to Compete with Swift and RTGS Systems
Fintech News

New Bank Wire Network Launching to Compete with Swift and RTGS Systems

Fintech News Desk
Apollo Fintech announces launch date for Knox Wire, a new bank wire network capable of facilitating same day cross-border payments to nearly 20,000 financial institutions. The Knox Wire network can be used by financial institutions such as central banks, commercial banks, credit unions, loan associations, investment companies, brokerage firms, insurance......
EBA CLEARING, SWIFT and The Clearing House Join Forces to Speed up and Enhance Cross-Border Payments
Digital Payments Fintech News

EBA CLEARING, SWIFT and The Clearing House Join Forces to Speed up and Enhance Cross-Border Payments

Fintech News Desk
Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payment as part of a proof of concept demonstrating the feasibility of synchronizing settlement across existing instant payment systems in one of the world’s largest currency corridors With the support of banks from both......
SWIFT Launches SWIFT Go, a Fast, Cost-Effective Service for Low-Value Cross-Border Payments
Digital Payments Fintech News

SWIFT Launches SWIFT Go, a Fast, Cost-Effective Service for Low-Value Cross-Border Payments

Fintech News Desk
– New service enables businesses and consumers to send payments in seconds with full transparency and strong security – SWIFT Go is a key building block in the co-operative’s strategy to enable instant and frictionless cross-border transactions – Seven leading global banks already live with the service SWIFT announces the......
Global Banks Preparing to Leverage SWIFT’s New Platform for International Payments Flows
Analytics Digital Fintech

Global Banks Preparing to Leverage SWIFT’s New Platform for International Payments Flows

Fintech News Desk
Banks endorse new SWIFT platform set for launch in November 2022 New platform capabilities are part of SWIFT strategy to enable instant and frictionless end-to-end transaction management globally Six leading global banks announced their endorsement for SWIFT’s new transaction management platform and are preparing to use its expanded capabilities to......
1