New Swift scheme will require full predictability on price and speed for retail transactions – with no hidden fees, full value transfers and instant settlement where domestic infrastructure and ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The rules are being crafted to ensure full predictability on ...

As global payments shift toward instant settlement, cryptocurrencies built for real-world transfers are gaining renewed attention. While the broader market rema ...

SWIFT, a global payments giant, has made progress on integrating a blockchain-based ledger into its payment network. According to the announcement, it has collaborated with global banks to design ...

The groundwork for a system of international payments that bypasses the sclerotic SWIFT network has been created. Now the banking industry needs to get behind the switch to blockchain-based payments, ...