Cloud payment technology provider Form3 is launching a new SWIFT connectivity solution.
In Brief:
Form3 is launching a cloud-native API solution.
It will connect financial solutions globally to the SWIFT network.
This means financial institutions will be connected to over 11,000 other institutions through API.
What does this mean?
The “SWIFT as a Service” solution will help banks and FinTechs gain access to SWIFT more easily, which means they can reduce costs and increase efficiency.
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