Monday 23 September 2024
 
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Swift

ICC and Swift launch API standards for bank guarantees, LoCs

The International Chamber of Commerce (ICC) and Swift have jointly introduced the premier API (application programming interface) standards for bank guarantees and standby letters of credit.   In an announcement,

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ICC and Swift launch API standards for bank guarantees, LoCs

The International Chamber of Commerce (ICC) and Swift have jointly introduced the premier API (application programming interface) standards for bank guarantees and standby letters of credit.   In an announcement,

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NBB, Swift launch innovative cross-border payment service

The National Bank of Bahrain (NBB) has signed an agreement with Swift, the world’s leading provider of secure financial messaging services, to introduce Swift-Go payment solution to its customers.    T

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Swift Go sign-ups triple as it makes good progress on G20 goals

Swift, the largest and most streamlined method for international payments and settlements, has reported significant progress in 2022 toward the G20’s goals for enhancing the cross-border experience.   

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Adib enables cross-border instant INR currency transfers

Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, has launched instant fund tranfers from the UAE to recipients in India.   The service is available 24/7 and allows customers to use their mo

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Tamkeen backs training of 100 Bahrainis in iOS app development

Bahrain’s Labour Fund (Tamkeen) has signed a strategic cooperation with Bahrain Polytechnic to train 100 Bahrainis in Swift and iOS App Development as part of the Apple iOS Program, providing the local market with a talent pool of native

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SWIFT announces new capability to predict problems

As part of its strategy for instant and frictionless transactions, SWIFT has announced a new capability that uses its global intelligence on past cross-border flows to predict potential problems before new global payments are sent. 

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Swift broadens access with new public cloud connectivity

Swift, the world’s leading provider of secure financial messaging services, will enable financial institutions to connect to its network and applications through public cloud providers Amazon Web Services, Google Cloud and Microsoft. 

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SWIFT not an absolute stop to Russia commodity trade: MUFG

The exclusion of selected Russian banks from the SWIFT would create obstacles but not an absolute stop to commodity trades with Russia, said MUFG Bank, a member of global financial group MUFG, in its latest Commodities Flash.

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UBF organises webinar on latest update of ISO-20022

Financial institutions will need to work on a complete plan for ISO-20022 adoption, including gathering of requirements, high-level design, budget and training, noted a webinar.   The webinar was organised by UAE

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