Tag: SWIFT
BNY Mellon suffers payments glitch
BNY Mellon experienced problems with processing clients’ payments instructions, it blamed the issue on its connection to Swift. Read more: www.bankingtech.com
KYC may be the next big thing for blockchain
The KYC process is costly, inefficient, and mandatory but the use of blockchain has the potential to reduce much of the headache. Read more: www.bankinnovation.net
Blockchain needs business standards
How the industry can best develop the business standards needed to ensure that blockchain developments don’t create islands of automation. Read more: www.finextra.com