Swift Cross-Border Payment Processing Speed Stretched Ahead of G20 Target

Swift published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour. Swift’s data shows that the speed of processing transactions to all but two of the top 40 countries on its network – by volume of payments received – continues to be above the G20’s target of one-hour end-to-end...

The ai Corporation appoints Mark Wheelhouse as Chief Financial Officer

Experienced CFO joins The ai Corporation to bolster ambitious growth strategy, as business continues to grow its global footprint providing end-to-end payment solutions, specialising in retail fuel and mobility payments, fraud management, and business intelligence to more than 100 banks, over three million multi-channel merchants and over 300 million consumer cardholders across the globe.

Money20/20 USA Agenda Tackles The Future of Instant, Borderless Payments

Money20/20, the world’s leading fintech show and the place where money does business, presents a heavyweight selection of payments-focused sessions on the agenda for the upcoming USA show in Las Vegas on Oct. 27-30, 2024. This year’s event will feature an unprecedented gathering of payment innovators and fintech leaders, exploring the future of transactions under the theme “Human X Machine.” Industry experts including Co-CEO of Adyen, Ingo Uytdehaage, Michael Shaulov, CEO & Co-founder of Fireblocks,...

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