La Hulpe

SWIFT Launches SWIFT Go, a Fast, Cost-Effective Service for Low-Value Cross-Border Payments

Retrieved on: 
Tuesday, July 27, 2021
Networks, Internet, Finance, Banking, Data management, Small business, Professional services, Technology, Computer programming, Programming languages, Software engineering, La Hulpe, Market data, Network architecture, Society for Worldwide Interbank Financial Telecommunication, Bank, Swift

Seven global banks, which collectively handle 33 million low-value cross-border payments per year, are already live with the service.

Key Points: 
  • Seven global banks, which collectively handle 33 million low-value cross-border payments per year, are already live with the service.
  • The SWIFT Go service builds on the high-speed rails of SWIFT gpi , which have transformed the speed and predictability of high-value payments.
  • It will further strengthen the capabilities of banks to serve their customers in the high-growth small business and consumer payments segments.
  • SWIFT Go was developed in close collaboration with the global SWIFT community and is underpinned by several key pillars:
    Speed: Tighter service levels between banks increase speed.

Global Banks Preparing to Leverage SWIFT’s New Platform for International Payments Flows

Retrieved on: 
Thursday, June 24, 2021
Professional services, Technology, Mobile, Wireless, Telecommunications, Finance, Banking, Finance, Money, Economy, La Hulpe, Market data, Network architecture, Society for Worldwide Interbank Financial Telecommunication, Bank, Swift

The platform evolution builds on extensive work by the SWIFT community in the past five years to transform cross-border payments.

Key Points: 
  • The platform evolution builds on extensive work by the SWIFT community in the past five years to transform cross-border payments.
  • This happens across SWIFTs network connecting more than 11,000 institutions, and 4 billion accounts across 200 countries worldwide.
  • Preparations for new services are already underway, and international banks see significant potential in the platform capabilities across both payments and securities processing.
  • Headquartered in Belgium, SWIFTs international governance and oversight reinforces the neutral, global character of its cooperative structure.

Line of Credit.AI announces SWIFT MT110 Educational Content.

Retrieved on: 
Monday, March 15, 2021
Programming languages, Computer programming, Software engineering, La Hulpe, Market data, Network architecture, Society for Worldwide Interbank Financial Telecommunication, Swift

TORONTO, March 15, 2021 /PRNewswire-PRWeb/ -- Line of Credit.AI announces SWIFT MT110 Educational Content.

Key Points: 
  • TORONTO, March 15, 2021 /PRNewswire-PRWeb/ -- Line of Credit.AI announces SWIFT MT110 Educational Content.
  • Line of Credit.AI has announced an educational video and blog post describing what is a MT 110 is and how various institutions are using it.
  • The video and blog post answer questions such as:
    How do I start the MT 110 process?
  • We are happy to showcase and explain how SWIFT MT 110 are being used today," said Taimour Zaman, CEO of Line of Credit.Ai

Western Union Expands Global B2B Payments Platform

Retrieved on: 
Thursday, February 25, 2021
Professional services, Technology, Small business, Other Technology, Finance, Banking, Money, Finance, Financial markets, Payment systems, Online payments, La Hulpe, Market data, Network architecture, Society for Worldwide Interbank Financial Telecommunication

Western Union Business Solutions, the payments arm of the Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announced the expansion of its global capabilities, bringing faster and more transparent payment services to business customers.

Key Points: 
  • Western Union Business Solutions, the payments arm of the Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announced the expansion of its global capabilities, bringing faster and more transparent payment services to business customers.
  • Western Union Business Solutions has integrated SWIFT Global Payment Initiative and increased its international currency options within its WU Mass Payments API to 130.
  • By integrating SWIFT Global Payment Initiative (GPI), Western Union Business Solutions advances its best-in-class global financial network for a growing portfolio of business customers seeking greater operational efficiency for payments worldwide.
  • For organizations seeking a partner to optimize cross-border payments, Western Union Business Solutions equips you with the solutions you need to send, receive, and manage international payments.

PCBB Joins SWIFT gpi Network

Retrieved on: 
Wednesday, October 21, 2020
Finance, Consulting, Banking, Professional services, Small business, Economy, Money, Finance, La Hulpe, Market data, Network architecture, Society for Worldwide Interbank Financial Telecommunication, Bank, Remittance

PCBB is the first bankers bank serving community-based financial institutions across the U.S. to launch SWIFT global payments innovation (gpi) service.

Key Points: 
  • PCBB is the first bankers bank serving community-based financial institutions across the U.S. to launch SWIFT global payments innovation (gpi) service.
  • Utilizing SWIFT gpi, PCBB will provide its International Banking clients with faster payment processing, greater transparency of fees, instant tracking of payments, and unaltered details of remittance information.
  • SWIFT gpi is a network of over 3,900 financial institutions that offer faster payments across the globe, and the ability to trace remittances from origination to destination.
  • By joining SWIFT gpi, PCBB has demonstrated its significant commitment to delivering an improved cross-border payments service to its clients.

Ascendant Introduces Payment Tracking Through SWIFT gpi

Retrieved on: 
Wednesday, August 12, 2020
La Hulpe, Market data, Network architecture, Society for Worldwide Interbank Financial Telecommunication, GPI

TORONTO, Aug. 12, 2020 (GLOBE NEWSWIRE) -- AscendantFX Capital announced today that they have become members of the SWIFT network, and more specifically the Global Payment Initiative (gpi).

Key Points: 
  • TORONTO, Aug. 12, 2020 (GLOBE NEWSWIRE) -- AscendantFX Capital announced today that they have become members of the SWIFT network, and more specifically the Global Payment Initiative (gpi).
  • Ascendant will leverage SWIFT gpi to further enhance its customer platform aPay and its API capabilities, improve payment delivery, and provide greater transparency for customers.
  • SWIFT gpi provides end-to-end transparency on fees related to both deductions and exchange rates.
  • Ascendant also expects to see a significant reduction in the number of payment investigations and time taken to resolve these investigations.

Itiviti Partners With ECS Fin to Add SWIFT Messaging to NYFIX Matching

Retrieved on: 
Tuesday, March 31, 2020
Programming languages, Computing, Songs, Market data, La Hulpe, Network architecture, Society for Worldwide Interbank Financial Telecommunication, Me!, Swift, Matching

Through this partnership, NYFIX Matching now has the ability to process trade messages with custodians via all networks including SWIFT.

Key Points: 
  • Through this partnership, NYFIX Matching now has the ability to process trade messages with custodians via all networks including SWIFT.
  • "Working with ECS Fin was a logical next step for Itiviti's post-trade platform, NYFIX Matching," said Jason Landauer, Head of Network Sales, Itiviti.
  • "Our Trade Settlement Platform supported by our SWIFT Service Bureau when engaged with Itiviti's NYFIX Matching service will defragment the messaging workflows and optimize the overall post-trade process."
  • ECS Fin's SWIFT Service Bureau is PREMIER certified by SWIFT and its Trade Settlement Platform is Gold certified by SWIFT.

Itiviti Partners With ECS Fin to Add SWIFT Messaging to NYFIX Matching

Retrieved on: 
Tuesday, March 31, 2020
Programming languages, Computing, Songs, Market data, La Hulpe, Network architecture, Society for Worldwide Interbank Financial Telecommunication, Me!, Swift, Matching

Through this partnership, NYFIX Matching now has the ability to process trade messages with custodians via all networks including SWIFT.

Key Points: 
  • Through this partnership, NYFIX Matching now has the ability to process trade messages with custodians via all networks including SWIFT.
  • "Working with ECS Fin was a logical next step for Itiviti's post-trade platform, NYFIX Matching," said Jason Landauer, Head of Network Sales, Itiviti.
  • "Our Trade Settlement Platform supported by our SWIFT Service Bureau when engaged with Itiviti's NYFIX Matching service will defragment the messaging workflows and optimize the overall post-trade process."
  • ECS Fin's SWIFT Service Bureau is PREMIER certified by SWIFT and its Trade Settlement Platform is Gold certified by SWIFT.

Landec Corporation Amends Credit Agreement, Appoints Brian McLaughlin Chief Financial Officer

Retrieved on: 
Wednesday, March 25, 2020
La Hulpe, Market data, Network architecture, Society for Worldwide Interbank Financial Telecommunication, Chief financial officer

Following May 31, 2020, all other covenants remain substantively unchanged compared to the existing terms of the Credit Agreement.

Key Points: 
  • Following May 31, 2020, all other covenants remain substantively unchanged compared to the existing terms of the Credit Agreement.
  • The Company appointed Brian McLaughlin as Chief Financial Officer, effective March 20, 2020 following his post as interim CFO since January 2020.
  • Mr. McLaughlin will continue to lead Landecs financial strategy as it executes the priorities of its value creation program, Project SWIFT.
  • Brian was instrumental in executing the amended credit agreement and has already made great strides in positioning our business for future growth.

Volante Technologies delivers immediate support for SWIFT Standards Release 2020 MT messages

Retrieved on: 
Monday, March 16, 2020
Programming languages, Songs, Computing, Market data, La Hulpe, Network architecture, Society for Worldwide Interbank Financial Telecommunication, Me!, Swift

NEW YORK and LONDON and DUBAI, United Arab Emiratesand MEXICO CITY, March 16, 2020 /PRNewswire/ -- Volante Technologies , a global provider of payments and financial messaging solutions to accelerate digital transformation, today announced immediate support for SWIFT Standards Release 2020 MT messages.

Key Points: 
  • NEW YORK and LONDON and DUBAI, United Arab Emiratesand MEXICO CITY, March 16, 2020 /PRNewswire/ -- Volante Technologies , a global provider of payments and financial messaging solutions to accelerate digital transformation, today announced immediate support for SWIFT Standards Release 2020 MT messages.
  • Volante implemented the updated SWIFT messages releasing them today, less than three days after the release.
  • These messages will be live on the SWIFT network on November 22, 2020 giving users of Volante Designer and the SWIFT plug-in for SR 2020 more than eight months to enhance their SWIFT applications and test them before the go-live date.
  • Validators for the new SWIFT SR 2020 MT messages are also available as Amazon Machine Images (AMIs) on the AWS Marketplace .