Global payment services provider SWIFT has completed a trial to integrate its cross-border instant payments service gpi Instant into Singapore’s domestic instant payment service, Fast And Secure Transfers (FAST) – with the fastest payment in the trial from Australia into Singapore processed via FAST in only 13 seconds.
Global payments company Swift is to collaborate with companies and banks in the testing of an enhanced multi-bank standard aimed at further improving cross-border payments experience for multi-banked corporates.
Global financial messaging services platform SWIFT has joined forces with a group of SWIFT gpi banks from Australia, China, Singapore and Thailand to develop a cross-border real-time payments service in the Asia Pacific region.
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