Nordic financial services group SEB has launched a mobile peer-to-peer (P2P) service entitled Swish, in cooperation with Danske Bank, Handelsbanken, Länsförsäkringar Bank, Nordea, Swedbank and Sparbankerna. Swish is available for iOS and Android devices.
Using the Swish app, users can securely send money to one another in real time using their mobile phone numbers. The Swish service connects those numbers to bank accounts.
“This is a quick, simple and secure way to pay via mobile phone. Through this cooperation with other banks in Sweden, we provide the opportunity for our customers to transfer money seamlessly from their own mobile phones to a bank account,” said Mats Torstendahl, head of retail banking at SEB.
Rising interest rates, excitement around blockchain use cases and cross-border payments were all hot topics at this year's AFP conference in San Deigo.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
The US dollar and debt yields falling on the North Korea missile test, treasury being a top target for cyber criminals and why treasurers aren't into real-time payments all hit the latest headlines in the world of treasury this week. Don't miss our ten top news stories from around the world.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.