Nth Exception

Showing posts with the label RippleShow All

Japanese banks to join JPMorgan's Interbank Information Network (IIN)

According to Bloomberg , m ore than 80 Japanese banks have expressed a willingness to join the Interbank Information Network (IIN). JPMorgan, which …

In an increasingly digital world, banks are facing growing competition with greater emphasis on the need to innovate whilst, transforming the…

Old school fund transfer major Moneygram will see an investment of $50 million by Ripple as part of the 2-year alliance. As you can expect, Mone…

A report from management consultant McKinsey shared by Finextra, suggests circa $4 billion could be saved on cross-border payment costs by …

The telegraph was not a competitor to the telephone, similarly SWIFT isn't a competitor to IBM Blockchain World Wire and Ripple. These are fu…

Circa 7 to 8% of all the cross border payments processed by any transactional bank, drop in the exceptions queue, and 100% of these cross borde…

Existing payments exceptions and investigations processes are manually intensive, introduce unnecessary cost, risk & revenue leakage. SWI…

As a SWIFT GPI deployment lead for a leading transactional bank, I can comfortably say - While SWIFT tries to eliminate inborn problems…

Cross-border payments have long been a pain point for corporate treasurers. Thankfully, SWIFT’s - Global Payment Innovation (GPI) initiative looks …

Banks have been gungho overpayments as a product and have been commercializing it. Straight Through Processing (STP) has definitely increased i…