First American Trust has replaced its legacy wire transfer system with Volante’s US Fedwire as a Service in the cloud to modernise its payment processing infrastructure
Standard Chartered has launched SC GPI Track, a publicly accessible portal that offers the ability to trace all cross-border payments cleared through the bank’s major clearing centres to its clients, as well as its corporate and retail clients
One expert has said that banks cannot afford to ‘rest on their laurels’ now they have mastered stress testing, adding that the regulators will continue to demand more