Despite most industries witnessing digital leaps forward over the past decade, the world of trade has kept its focus on paper-based documentation. In fact, trade documents such as promissory notes, bills of lading and performance bonds have remained relatively unchanged for centuries. Considering that the scale and sophistication of global trade has increased enormously since these documents were initially used by merchants, it’s now high-time for an update.

The key benefits of the instant payment systems being rolled out in Australia and in Europe were discussed at Sibos, Toronto 2017 at the Instant Payments Over Swift session in the Swift Auditorium.

HSBC becomes the first bank to send FIXML and ISO20022 messages over their network

Hong Kong/ Singapore, 16 January 2012 - Swift is announcing a far-reaching plan to accelerate its investment and presence in Asia Pacific, reflecting the region's growth and development in the global financial industry. The financial messaging provider for financial institutions and corporations in 209 countries will increase its headcount in the region by 53 percent by 2015.

A summary of developments to date on Swift compliance

Much of the debate around Central Bank Digital Currencies (CBDCs) has focused on their domestic impact, but they have the potential to transform the most fundamental building blocks of international economic activity by creating new opportunities for faster, cheaper and more secure cross-border payments.

Banking is built on trust between counterparties. but what if trust is digitised in a decentralised future?

Citi® Payment Insights service leverages Citi’s gpi capability to provide its institutional clients with complete visibility over the transaction lifecycle

The connection enhances access to Thai and international funds for domestic and global participants

Belgium, 13 November 2013