Tag: swift

While wider migration has been adopted across banks, corporate clients are being encouraged to follow suit to create a standardised payment ecosystem.

ANZ's managing director, transaction banking, told CT that the digital transition for corporate payments is continuing apace, as cheques and batch payments are increasingly phased out.

Global payments system says its cross border payments are reaching banks within an hour but wholesale payments and interoperability between markets will remain a key focus.

A global survey by Swift into the low value cross-border payment market has highlighted the importance of security and the adverse impact of hidden fees.

The payments player has proven interoperability between legacy and emerging infrastructure to enable cross-border use of CBDCs, but questions around financial intermediation and credit provision remain.

CorporateTreasurer spoke with Swift head of ASEAN, Sharon Toh, on Swift’s latest initiative to embed CBDCs within existing payment networks.

Experts at Swift’s Sibos conference last week bemoaned a lack of interoperability between digital trade platforms and offered suggestions on how the issue could be addressed.

A lack of standardisation is holding treasurers back from reaping the full benefits of API technology.

A new initiative by Swift aims to bridge the gap between blockchain-based platforms and existing payment systems.

This month, Taiwan's CHIMEI turned to the digital expertise of Bolero to transact across the trade finance space.

The new payment system promises much, but what will it deliver? With the US Federal Reserve already needing more time, what does ISO 20022 mean for corporates?

The take-up underscores growing demand from small businesses and individuals for faster international transactions.