Caribbean Association of Banks endorses SWIFT’s KYC Registry
SWIFT's KYC Registry gains momentum amongst Caribbean banks.
Read moreSWIFT's KYC Registry gains momentum amongst Caribbean banks.
Read more“At this time it is difficult to ascertain the impact the devaluation has had on the RMB usage for payments with China and Hong Kong", said Michael Moon, Head of Payments, Asia Pacific, at SWIFT.
Read moreThe latest RMB Tracker by SWIFT shows Renminbi payments accounted for 31% of direct payments value between South Africa and China/Hong Kong in June 2015.
Read moreThe latest RMB Tracker by SWIFT shows RMB payments accounted for 2.18% of global payments in May 2015.
Read moreEddie Astanin, chairman of the Executive Board of the National Settlement Depository, has become the first Russian candidate to join the SWIFT Board of Directors.
Read moreThe Chinese Yuan retained its position as the fifth most used currency for global payments in April 2015, accounting for 2.07% of world payments.
Read moreVolante Designer 5.1 includes support for BACS, Faster Payments (FPS), German, Canadian and Australian payments formats, and updates to messages in ISO 20022 and its derivatives and SWIFT Trade Finance MT798 templates in addition to support for SWIFT standards 2015
Read moreThe yuan, also known as the renminbi (RMB), overtook the Canadian dollar and the Australian dollar to enter the top five of world payment currencies in November, according to a SWIFT statement.
Read moreSWIFT's first delivery in this area will be the New Payments Platform (NPP), a new Australian infrastructure. Developed together with leading local financial institutions, the platform is expected to go live in 2017.
Read moreChinese policymakers are facing a challenging dilemma with interest rates and Renminbi liberalization According to a fresh batch of data for December 2013 released by SWIFT, the Renminbi is now in 8th place in transactions volumes tracked by the global payments system. While constituting a meager 1.12% of global transactions, the amount has risen 15%…
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