Widespread acceptance of internet protocol (IP) technologies has opened new connectivity channels between the financial and corporate sectors. By creating a new category of corporate participants, SWIFT has enabled its FIN and SWIFTNet infrastructures to be used for the delivery of banking and financial services to corporate customers. Such services would typically include payment initiation, payment and cash balance reporting, securities transaction initiation and confirmation, portfolio reporting, as well as a range of electronic banking products and services.