Swift
Swift seeks to add more services to stay engaged with clients
Head of securities and FX says value-added services will be a focus in 2017
CLS upgrades infrastructure channel for settlement members
A new member gateway based on Swift ISO standards is expected to save up to $500,000 per settlement member
Renminbi's share of payments rises slightly in September
Swift finds 57 countries have crossed the 10% threshold for direct payments in the renminbi
Renminbi's global share of payments slides
China's currency holds fifth place globally, but overall share shrinks again, Swift says
Fiat currencies stand firm against bitcoin
The cryptocurrency is a victim of its own success as strong demand pushes its price up, increasing speculative flows
Renminbi use in South Africa surges
Payments in the currency soar by 65% over the past year
Global renminbi adoption slows in June
Decline continues in the internationalisation of China's currency, overtaken by the Canadian dollar in payments by value
Renminbi adoption in US slows in May
A decline of 1.6% from a year ago highlights the slowdown in the Chinese currency's internationalisation
Swift initiative aims to transform cross-border payments
More than 70 banks worldwide collaborate to offer greater speed, transparency and end-to-end tracking
Renminbi's global share of payments drops
The Chinese currency fell to sixth place last month, overtaken by the Canadian dollar
UK tops Singapore as second-largest renminbi-clearing centre
Forty per cent of all payments between the UK and China are now made using the Chinese currency, Swift data shows
Renminbi's global share of payments drops
But the Chinese currency is being increasingly adopted to settle transactions with China and Hong Kong
Renminbi overtakes ringgit for Malaysian payments to China
The US dollar still accounts for the overwhelming majority of payments from Malaysia to the red dragon
Renminbi direct payments make inroads in Middle East
The Chinese currency ranks first when the UAE and Qatar make direct payments to China and Hong Kong
Renminbi becomes fourth most-used payment currency
The Chinese currency overtakes the yen with a share of 2.79% in global payments by value
Renminbi emerges as top currency for payments between Asia and China
Chinese currency now accounts for third of Asia's payments with China and Hong Kong, following a 327% increase in three years, says Swift
RMB payments fall by a fifth in February
The Chinese currency dropped from sixth to seventh place, according to Swift, most likely due to Chinese New Year
Surge in RMB payments between offshore centres
Share of RMB activity for international payments between offshore hubs reaches 3.25%, and usage grows for payments, FX and trade finance
Global trade reporting ‘a mess', Sibos delegates told
DTCC and Commerzbank tell Sibos delegates that global derivatives trade reporting requires further regulatory intervention to be a success
Scotland faces technology and infrastructure challenges
Credit cards, bank payments, clearing and settlement of securities – if Scotland goes it alone, its financial infrastructure will need an overhaul
CLS faces up to Eastern realities
CLS suspends operational trials of the ruble and will delay the currency's adoption from its original November deadline
US overtakes Taiwan as offshore RMB clearing centre
The value of RMB payments between the US and China jump 229% in the year to April 2014
MarkitServ partners with Misys to boost FX clearing
Users of the Misys Confirmation Matching Service will be able to use MarkitServ's clearing connectivity to route FX derivatives to clearing houses
Swift to roll out structured messages for bilateral trade netting
Industry messaging provider aims to streamline netting of non-CLS currencies