RMB ranks #1 in Asia Pacific for payments with Greater China
Swift’s RMB Tracker shows that the RMB is now the most active currency used by Asia for payments with China and Hong Kong.
Money may be unrecognisable in 50 years
How will the global trade landscape evolve over the next 50 years? Three payments and trade experts share their views on where we’ll see growth, and where the biggest changes will come.
National Commercial Bank first Saudi Arabian bank to join Swift GPI
Swift GPI will bring more transparency and traceability to cross-border payments in the Middle East region
Future Trends in Sanctions
Can automation, artificial intelligence and outsourcing resolve inefficiencies?
Banking Customers Enhance their payments transparency and efficiency with Swift’s Payments Data Quality tool
Regulators are placing increasing focus on payment transparency and the quality of information included within payment messages
Swift for Corporates continues to gain traction in Asia Pacific with 29 new connections
A significant increase of corporations join Swift in Asia Pacific to communicate with their banking partners around the globe
Swift enables payments to be executed in seconds
New service links Swift GPI, banks and domestic real-time payments systems
Industry automation rates for cross-border fund orders remain stable at nearly 91%
New report from EFAMA and Swift highlights the evolution of automation and standardisation rates of fund orders during the first half of 2019
Experts debate liquidity in FX markets
Liquidity in major currency pairs is healthy, but the structure of liquidity in FX is changing. Fewer banks are willing to take principal risk, most feed off the liquidity of others, the much-vaunted non-bank liquidity providers are proving reliant on bank credit, and buy-side firms are interested primarily in data that can tell them where liquidity is - and is not.
RMB reaches nearly 40% adoption across financial institutions worldwide
Swift’s RMB Tracker shows an 18% increase in RMB usage by financial institutions worldwide for payments with China and Hong Kong