While the US and Europe have been struggling with the economic downturn as a result of the financial crisis, China’s relationship with Latin America has strengthened.

Brussels, 2 January 2014 - Swift announces a 10% rebate on 2013 messaging fees which will return approximately EUR 33 million to Swift users worldwide. The rebate will be paid in March 2014.

A global and open standard, ISO 20022 creates a common language for payments worldwide. And its higher quality data means better payments for all. ISO 20022 adoption is also the opportunity to improve customers’ experience with richer information to ease invoices reconciliation, reduce manual intervention to correct or investigate payments with structured data or support customers profiling with better data analysis on the nature of payments processing. Native adoption of ISO 20022 will have…

With customers demanding instant and frictionless financial interactions, the emphasis is on the banking world to utilise cutting edge technologies to enhance their services.

According to Swift data, the RMB has dropped a position in the currency rankings for international payments, whilst underlying growth remains positive.

Swift GPI allows you to send fast, transparent, trackable cross-border payments in real-time anytime, anywhere.

Managing intraday liquidity reporting is becoming increasingly complex ‒ with banks facing a number of obstacles as they seek to comply with new regulation.

As regulatory requirements increase, corporate treasurers dedicate significant resources and time to performing Know Your Customer (KYC) compliance processes

Swift white paper examines the drivers of payments transformation in Europe and looks at the challenges and opportunities for financial institutions

New standard will allow instant loan approval flow between banks and retailers