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central bank digital currencies, Central bank digital currencies (CBDC), central bank digital currencies (CBDCs), Cryptocurrency, Daily news, digital yuan, Issuing & Acquiring, Mobile Remittance, People’s Bank of China (PBOC), Remittance, SWIFT -

SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... more

The post SWIFT and PBoC set up JV for internationalisation of digital yuan appeared first on Payments Cards & Mobile.

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cross border payments, Daily news, E-Money, Mobile Remittance, P2P, Products, Remittance, SWIFT, SWIFT gpi, SWIFT gpi payments -

SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... more

The post SWIFT sets sights on new service for low value cross-border payments appeared first on Payments Cards & Mobile.

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API, cross border payments, Daily news, E-Money, Instant Payments, Processing & Systems, Real-Time Payments, SWIFT, SWIFT gpi -

In response to the growing number of Real-Time Payments initiatives taking place globally, SWIFT has announces that over the next two years and beyond it will fundamentally transform payments and... more

The post SWIFT announces a new strategy for instant payments appeared first on Payments Cards & Mobile.

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Bangladesh Bank, cyber heist, Cyber Security, Daily news, Fraud & Security, New York federal court, SWIFT -

Back in 2016, The Bangladesh Bank suffered a massive cyber heist. Now, the bank has filed a lawsuit in New York federal court to recover the lost $81 million. The... more

The post Bangladesh Bank files lawsuit in partnership with New York Federal Reserve and SWIFT appeared first on Payments Cards & Mobile.

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