EU reaches political accord on EU-US Terrorist Finance Tracking Program Agreement
European Parliament adopts EU-US Terrorist Finance Tracking Program Agreement
La Hulpe, 8 July, 2010
First banks go live on TIPS using SwiftNet Instant
Direct access to the Eurosystem’s TIPS with SwiftNet Instant offers customers the ability to execute instant payments anywhere within the Single Euro Payments Area.
CIPS membership information now published on SwiftRef
Easy access to CIPS data will facilitate transactions between China and the rest of the world
25% of all cross-border payments now over gpi
More than 165 banks signed up, with 100 currencies and 350 country corridors in operation as service quickly gains traction
Luxembourg now Second Highest Euro Country in RMB payments
Brussels, 27 August 2013 – Luxembourg is ranked #8 in the world for RMB payments value (excluding China and Hong Kong) in July 2013, making it the second highest placed Euro country behind France at position #6 (see April Tracker).
RMB breaks into the top ten most-used currencies for payments
Brussels, 23 January 2014 - A symbolic milestone has been achieved by the Chinese currency, as in both November and December 2013 it was one of the top ten most-used currencies for payments in terms of value. Over the past three years, the RMB overtook 22 currencies, most recently the Singapore Dollar and the Hong Kong Dollar, and is now trailing the Swiss franc 1.12% to 1.29%.
The power of community approach in Central-Asian countries
In the heart of Central Asia, the strength of community collaboration has been harnessed to foster a remarkable evolution for banks across the region.
SwiftNet Instant to provide access to EBA CLEARING’s RT1 system
Latest partnership helps maximize instant payments access for the European financial community
Buy side holds key to ETC harmonisation across industry
London, 19 March 2013 - The lack of an industry standard solution for electronic trade confirmation (ETC) is driving up industry costs, as buy sides deliberate about which technology platform best suits their business. This is among the key findings of the latest in a series of reports from analyst firm Aite into the challenges of and solutions for trade verification in the market today.
Chinese Renminbi Overtakes the Swiss Franc as a World Payments Currency
Brussels, 27 February 2014 - For the third consecutive month, the Renminbi (RMB) is one of the top ten most-used currencies for payments worldwide. With an activity share of 1.39% in payments value, the RMB now ranks 7th, closely followed by the Swiss Franc at 1.38%.