The cheque might be an outmoded payment method, but many US organisations are reluctant to give it up. What’s more, after years of decline, cheque fraud shows signs of an uptick.
Emerging markets offer “a world of opportunity”, but delegates at the recent ACT Conference heard from treasurers whose companies operate in regions such as Africa about the challenges they also present.
A US study of money transfer order providers provides clarity in what is traditionally an opaque industry.
Australia, Japan and other signatories to the proposed trade deal plan to move forward despite president Donald Trump’s decision to withdraw US membership.
Sometimes, bank relationships simply don’t work anymore. However, changing banks is rarely straightforward - from rejected KYC documentation to technical hitches, the potential hurdles are significant. This article outlines how detailed preparation, messaging standards and a strong moral compass can help the switch go smoothly.
With numerous industry proofs of concept surrounding the technology, the recent SWIFT Business Forum London considered what happens when the focus moves beyond technical aspects into real world challenges.
A group of 60 companies are stepping up opposition to the European Banking Authority’s plan to outlaw direct access - aka screen scraping - from the Payment Services Directive.
The financial messaging services provider’s theme this year was ‘Building the Future’, although what form it will take for the financial services sector is far from clear.