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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.

Published in Market

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.

Published in Strategy

The holders of three accounts are believed to be involved in "fraudulent remittances" from India's City Union Bank to the tune of about US$2 million.

Published in Security
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