Directory of cyber security service providers
… for your reference when looking for providers in your country. These companies can help you to implement the CSP …
RMB internationalisation: Can the Belt and Road revitalise the RMB?
Swift’s RMB Tracker provides new data and analysis into five key enablers of RMB internationalisation
RMB falls back to position #5 as an international payments currency
According to Swift data, the RMB has dropped a position in the currency rankings for international payments, whilst underlying growth remains positive.
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Over 1,000 banks across the world use RMB for payments with China and Hong Kong
Brussels, 25 June 2015 - Recent Swift data shows that the growth in RMB payments is supported by an increasing number of banks. In May 2015, 1,081 financial institutions used the RMB for payments with China and Hong Kong, representing 35% of all institutions exchanging payments with the latter across all currencies. This is a 22% increase in the number of institutions using the RMB and a 6% increase in adoption, up from 29% two years ago.
Key takeaways from the 5th AML Directive
The 5th AML Directive (5AMLD) came into effect in early 2020 to mitigate criminal economic activity. The following is a summary of the key changes.
Swift Essentials
… Invoicing and Payments Place orders Business Identifier Code (BIC) The Swift Essentials pack provides the customer … reference data owners, including banks, central banks, and code issuers can manage and publish their reference data to …
Canadian companies remain loyal to the Canadian dollar
Swift’s latest RMB Tracker shows that Canadian corporations have been slow to start using RMB for cross-border payments