Tag: Financial Services

How is SWIFT still relevant after five decades?

Too many people in the payments industry today hold the misconception that the SWIFT network is only for cross-border payments. This was indeed the case in 1973, when 239 banks from 15 countries joined forces to create an efficient, automated, and secure payments network. At launch, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) was […]

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