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SWIFT, a provider of secure financial messaging services, announced today that it has signed up 73 banks to its global payments innovation initiative, with the aim of improving the cross-border payments experience.
Last month, the company rolled out a customer security program designed to help reinforce and foster secure and transparent measures across its international network.
As a part of its new initiative, banks will enhance their approach to cross border payments and follow a set of strict business rules designed by SWIFT in collaboration with participating banks.
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