As banks are managing their ISO 20022 migrations and implementing new services within the API program, Oracle has been investing in its solutions and supporting key industry initiatives.
With Oracle Banking Payments' built-in integration with the new SWIFT service, banks can meet the dynamic cross-border payment needs and lower the total cost of ownership.
With the addition of SWIFT's new account-to-account service for consumers and SMEs, they will also be able to offer competitively priced cross-border payments from account-to-account.
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