Payments industry gathers in Sydney

SIBOS NEWS

SYDNEY – Swift, the industry-owned messaging services and software provider, launched a pilot program of its new corporate access model at Sibos on Tuesday (October 10).

The new model, Standardised Corporate Environment (Score) will improve standardisation and interactions between multiple banks, enabling corporates to join a single closed-user group and interact with all participating financial institutions. The pilot program will initially focus on cash management and treasury.

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