SWIFT and Identrus take the cake

SWIFT muscles into payments in the B2B world, thanks to Identrus.

That's it, game over That was the response from one transaction banker in Singapore upon hearing of the alliance between SWIFT, the international funds transfer messaging system, and Identrus, which provides legally binding digital signatures for companies in e-commerce.

The initiative is particularly significant because 3,000 banks in some 190 countries own SWIFT.

SWIFT, through this business alliance they have set up with Identrus, are, in no uncertain terms, going to compete in electronic and...

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