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Data for today’s episode is provided by Mercator Advisory Group’s report – Sibos 2020: The View from a Desk
5 Capabilities of the New SWIFT Transaction Management Solution:
While SWIFT doesn’t expect all 11,000 members to migrate to ISO 20022, the cooperative seeks to better compete against new entrants. SWIFT will be rolling out transaction management solutions to provide the following high-level capabilities:
- End-to-end transaction management
- Instant and frictionless cross-border payments
- Payment pre-validation
- Data and financial crime services
- Solutions for SME and consumer sectors
In the midst of a pandemic, the singular international banking event was delivered in an online and condensed format, but still provided valuable information for institutions to prepare for the changing market demands.
The future is now as corporate banking and payments are adjusting to the technology demands of global markets.drive advertising revenue at the expense of the individual and society. To drive revenue, social networks build psychographic models for each user to predict exactly which content will best engage that user.”