SWIFT gpi, along with a number of corporates and banks, has announces plans to start testing an enhanced multi-bank standard to further improve the cross-border…
The R3 Blockchain Consortium of 39 financial firms has completed more than 300 transactions via R3’s know your customer (KYC) application, according to a post on R3’s blog. R3…
After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering the cost of remitting money…
The SWIFT Community is to universally adopt the gpi service, in a move which will see all 10,000 banks on SWIFT’s global network use the…
It would appear that a new rivalry is raging that looks set to decide how cross-border payments are handled for decades to come. Ripple and…