Tag: alternative

  • Standard Chartered and Deutsche Bank pilot SWIFT alternative

    Standard Chartered and Deutsche Bank pilot SWIFT alternative

    ⁣ ‌ In a move to revolutionize global banking transactions, Standard ‌Chartered and Deutsche Bank are teaming up‍ to pilot a new alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system. ⁤ ‌ ⁤ The SWIFT network, established in 1973, has long been the backbone of international banking communication, enabling secure ⁤transactions ⁢between…