SWIFT is exploring whether banks can use distributed ledger technology to improve the reconciliation of their nostro databases in real time to optimise their liquidity globally...
SWIFT has cited centralisation, common frameworks and emergency liquidity provision as part of basic criteria that the financial industry should embrace for stability in a geographically integrated market...
Only 39 percent of banks can confirm payments by nostro service providers in real time, according to a survey conducted by SWIFT...
SWIFT has announced the development of SWIFT Profile, a reporting tool that provides institutions with a global overview of their correspondent banking activities...
