Midas-Kapiti International (MKI) has been successful in achieving SWIFTReady Silver status accreditation for the latest release of Midas DBA, the company’s international banking system, which has been implemented worldwide by more than 350 banks in over 680 locations worldwide. To obtain the SWIFTReady Silver Label under the Multi-Market category, Midas had to meet a number of criteria set by SWIFT, one of which was the ability to support a wide range of payment messages. Other conditions required for SWIFTReady Silver Accreditation include automated general message handling and straight-through-processing, in addition to an interface to SWIFT Alliance CASmf.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.