The Volvo Group joins Swift to increase competitiveness
The Volvo Group, one of the world's leading manufacturers of trucks, buses, construction equipment and engines for industrial and marine usage has joined Swift to benefit from its multi-bank messaging solution for documentary trade flows.
Swift examines application of financial business standards to distributed ledger technology and smart contracts
New paper highlights opportunity for financial industry to coordinate efforts using common messaging and data standards
Swift adds daily updates to the SwiftRef platform
Brussels, 13 May 2013 - Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries, today added daily updates to its reference data directories to further reduce industry costs associated with payments processing. As part of the SwiftRef data platform, the new service will replace monthly updates and will help financial institutions and corporates respond to market developments and the evolving regulatory landscape.
RMB internationalisation is increasingly fuelled by offshore countries beyond Hong Kong
Swift's RMB Tracker shows that offshore countries, excluding Hong Kong, represent 25% of RMB payments compared to 17% two years ago.
RMB strengthens its position as the second most used currency for documentary credit transactions
Swift RMB Tracker shows RMB’s activity share for documentary credit transactions increased to 9.43% in January 2015.
Chinese Yuan demonstrates strong momentum to reach #4 as an international payments currency
Swift publishes a special edition of RMB Tracker for Sibos.
South Korea and Taiwan use the RMB for the majority of payments with China and Hong Kong
Swift's RMB Tracker shows double-digit growth for cross border payments between several Asia countries and China and Hong Kong
Carlo Palmers talks instant payments with The Global Treasurer
Innovation, new technologies, demand from customers and markets moving to real-time are all driving the development of real-time payments
Tackling the cybersecurity challenge at Sibos
Sibos brings financial leaders together to network, collaborate and find solutions to industry challenges. You will hear from leading experts in security and cyber issues and leave with key takeaways to help take your defences to the next level.