Wednesday 26, September 2018 by Kudakwashe

SWIFT urges banks to embrace disruptive technology


SWIFT stressed the importance of technology in delivering efficient payments services of the future and managing risk in a real-time world.

SWIFT has encouraged industry leaders, regulators and financial experts to embrace disruptive technology on the traditional business model of banks to better serve their customers.

The firm also provided an innovation hub to showcase what banks and fintechs across the region are doing to develop a new, more innovative and dynamic offering.

Alain Raes, SWIFT’s Chief Executive, EMEA & APAC, said that SWIFT is at the centre of banking and payment innovation, creating collaborative solutions for the banking community.

“SWIFT is the world’s leading provider of secure financial messaging services with many DIFC clients relying on this platform,” added Salmaan Jaffery, Chief Business Development Officer, DIFC Authority.

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