Articles with tag like: SWIFT

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Russia may be cut off from SWIFT following West's sanctions

News | Payments General | 04 Jun 2021

Russia’s foreign ministry has warned that Russia-based banks may be blocked from using SWIFT as part of restrictions against Moscow, according to Russia Today.

SWIFT, banks

ICICI Bank, SWIFT offer instant facility for cross-border inward remittances

News | Payments General | 04 Jun 2021

India-based banking group ICICI Bank has teamed up with SWIFT to offer a facility that helps overseas partner banks to send instant remittances on behalf of their customers to the beneficiary in India. 

SWIFT, cross-border payments, banks

The digital rouble could help Russia bypass the SWIFT banking payment system

News | Payments General | 03 Jun 2021

Russia’s central bank governor, Elvira Nabiullina, has said for CNBC that digital currencies will be the future of financial systems, as the economy moves online.

CBDC, digital currency, SWIFT, cybersecurity, central bank

Siam Commercial Bank uses Surecomp's technology to support trade finance growth

News | Online & Mobile Banking | 21 May 2021

Siam Commercial Bank has deployed Surecomp’s IMEX and allNETT solutions for integrated, straight through digital trade finance processing into Myanmar and Vietnam.  

banks, trade finance, SWIFT, transactions , partnership

Railsbank teams up with Finadvant to deliver digital banking to SMEs

News | Online & Mobile Banking | 19 May 2021

Railsbank, a Banking-as-a-Service (BaaS) platform, has partnered with Finadvant, a SME banking platform which aims to make international payments more accessible to businesses.

partnership, digital banking, SMEs, BaaS, SWIFT, banks, cross-border payments

Finzly introduces new digital deposit core to its BankOSTM platform

News | Online & Mobile Banking | 18 May 2021

Finzly, a fintech provider of banking applications for payments, has announced the addition of new digital deposit core capabilities to its BankOSTM platform.

fintech, financial institutions, cryptocurrency, debit card, ACH, SWIFT, product launch

Philippines testing a new payments framework

News | Payments General | 18 May 2021

Bangko Sentral ng Pilipinas (BSP) and other partners in Philippines are testing a new payments framework called PhilPaSSplus.

central bank, payment methods, banks, SWIFT

SWIFT, Accenture publish joint paper on CBDCs in cross-border payments

News | Payments General | 13 May 2021

SWIFT and Accenture have published a paper on central bank digital currencies (CBDCs) in cross-border payments as part of broader digital asset innovation.

study, SWIFT, CBDC, central bank

SwissBorg partners with OpenPayd

News | Online & Mobile Banking | 13 May 2021

Payments and BaaS platform OpenPayd has partnered with SwissBorg, a cryptocurrency wealth management platform based on blockchain technology, according to the official press release.

partnership, BaaS, cryptocurrency, SEPA, SWIFT

Central Bank of the UAE works with SWIFT to improve cross-border payments

News | Online Payments | 07 May 2021

The Central Bank of the UAE (CBUAE) has been working with SWIFT on an initiative to improve the speed and transparency of cross-border payments.

SWIFT, cross-border payments, banks

CrecoFin teams up with Currencycloud for its multi-currency account infrastructure

News | Cryptocurrencies | 14 Apr 2021

CrescoFin, a digital banking alternative, has partnered with Currencycloud, a provider of B2B embedded cross-border solutions, to integrate its multi-currency account infrastructure into its expanded offering. 

Currencycloud, partnership, FX , e-wallet, digital banking, B2B payments, SWIFT, IBAN

Buna, owned by Arab Monetary Fund, to launch additional solutions

News | E-invoicing, SCF & E-procurement | 30 Mar 2021

Buna, the cross-border and multi-currency payment system owned by the Arab Monetary Fund, has announced plans to launch instant payments, in addition to other solutions.

cross-border payments, trade finance, payment methods, SWIFT

SH Payments taps Nano's technology for its digital banking platform

News | Online & Mobile Banking | 26 Mar 2021

SH Payments, a banking services provider, has chosen Nano as its core digital banking provider. 

digital banking, partnership, FX , e-wallet, SMEs, fintech, SWIFT, SEPA, cryptocurrency

New SWIFT joint venture to set up localised data warehouse for China's central bank

News | Payments General | 24 Mar 2021

China's central bank has announced that the newly established joint venture with the Belgium-based SWIFT financial messaging service will set up a localised data warehouse.

SWIFT, Swift messages, cross-border payments, payments infrastructure, settlement, banks

ISO mutation – the risks and solutions to a growing problem

Voice of the Industry | Payments General | 02 Mar 2021

Anthony Walton, Iliad Solutions focuses on the issues, risks, and solutions the banking industry needs to address when it comes to testing and launching new payments technology based on ISO20022

ISO 20022, SWIFT, real-time payments, digital banking, central bank

Western Union integrates SWIFT Global Payment Initiative

News | Payments General | 26 Feb 2021

US-based Western Union Business Solutions has announced the expansion of its global capabilities, bringing different payment services to business customers.  

Western Union, SWIFT, cross-border payments, digital currency

DZ BANK chooses Surecomp for digital trade finance transformation

News | E-invoicing, SCF & E-procurement | 26 Feb 2021

Canada-based Surecomp, a provider of global trade finance solutions, has announced its partnership with DZ BANK, as part of its journey towards digitised trade finance operations.

Surecomp, DZ Bank, partnership, trade finance, digital banking, SWIFT

SWIFT becomes TechQuartier's ecosystem partner

News | Online Payments | 19 Feb 2021

TechQuartier, a Germany-based fintech, has announced an ecosystem partnership with electronic payment messaging system SWIFT

TechQuartier, SWIFT, partnership, online payments, payment messaging system, Germany, Europe, fintech

Pelican, SWIFT partner to low value cross-border payments service

News | Online Payments | 11 Feb 2021

Pelican has announced its support for SWIFT as it develops a new service for low value cross-border payments.

Pelican, SWIFT, partnership, cross-border payments, AI, NLP, SMEs, banks, online payments

Lead Bank implements Finzly's Payment Hub

News | Online & Mobile Banking | 10 Feb 2021

US-based Lead Bank has implemented Finzly’s Payment Hub to add to the bank’s payment and digital capabilities.

Lead Bank, Finzly, payment hub, banking, payments, digital banking, trade finance, digital onboarding, bankos, SWIFT, ACH, API, Open Banking