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What Are You Doing That’s Over 40 Years Old?
SWIFT

What Are You Doing That’s Over 40 Years Old?

Back in 1973, the idea for a financial network of institutions which could send and receive information about transactions was born. SWIFT (or the Society for Worldwide Interbank Financial Telecommunication) was a revolutionary solution to the immediate problems occurring to banks in the late 1960s: market access; transaction efficiency; risk;

DeeMoney Sep 27, 2019 • 2 min read
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