Tag: Swift

British interbank payments service CHAPS (Clearing House Automated Payment System) experienced another glitch on Thursday, delaying many high-value, time-sensitive payments. ...

A significant number of large banks say they won’t be ready to adopt ISO 20022 protocols in time for its ...

Swift and Wise are teaming up to offer financial institutions and their customers more cross-border payment options. Via the partnership, ...

In an increasingly interconnected world, the demand for low-value cross-border payments has reached unprecedented levels. Swift, a global provider of ...

ISO 20022, a single standard approach to facilitate communication interoperability between financial institutions, their market infrastructures, as well as their ...

The global cross-border payments space has been under scrutiny for roughly ten years now due to perceived high costs, lack ...

The Russian Central Bank (RCB) said that roughly 50% of Russian cross-border payments are being made using currencies other than ...

We’ve commented on cross-border developments in the B2B space before and expect ongoing developments. This latest collaboration features JPMorgan and ...

In member research late last year, PaymentsJournal explained an initiative (IXB) launched in 2021 between TCH, EBA Clearing and SWIFT ...

Many of Russia’s largest banks have been denied access to the SWIFT network, save for certain energy-related payment activities. There have ...