11 Jul 2024
A global player as a financial messaging network: SWIFT More than 11,000 banks and financial institutions rely on the SWIFT messaging network for financial transactions. In 2022, the SWIFT network registered an impressive average of 44.8 million messages daily, facilitating $150 trillion in transactions annually. As of May 2024, the breakdown of t...
21 Dec 2022
Money has taken on different shapes, sizes, and forms throughout history. Payments have evolved from offline to electronic in credit cards and electronic wallets.. Instant payments will become the new normal. The volumes in domestic and cross-border payments will increase as instant payment offers financial institutions the opportunity to innovat...