18 March 2018
visit www.nextgenbanking.co.uk

EastNets offers support for entry-level Swift connectivity

25 May 2010  |  2513 views  |  0 Source: EastNets

EastNets, a leading global provider of compliance and payments solutions and services, has launched en.PaymentSafe, a new service which supports entry-level connectivity to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network.

en.PaymentSafe enables low-volume users to process their financial messages seamlessly and at low cost. It leverages existing EastNets products that facilitate SWIFT Message creation, verification, authorization and approval; Anti-Money Laundering checks; Reporting; Bank Identifier Codes (BIC) and International Bank Account Number (IBAN) Validation. The solution runs on the EastNets Service Bureau (en.Service Bureau), a highly reliable managed service that connects more than 250 financial institutions to the SWIFT Network.
"en.PaymentSafe offers financial institutions, companies, funds distributors, investment managers and fund transfer agents low cost access to use the SWIFT messaging service. Organizations now have a convenient way to join the SWIFT community by entrusting their SWIFT and Anti-Money Laundering operations to our service run by seasoned and trusted specialized professionals," said Hazem Mulhim, CEO, EastNets.
The new service is managed and maintained by a team of expert SWIFT-certified engineers. Customers enrolled for en.PaymentSafe only need a standard internet browser to access the service. en.PaymentSafe's 'on-demand' model combines flexible, easy and fast deployment with low cost of ownership to make joining SWIFT easy.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit www.facebook.com/business/

Top topics

Most viewed Most shared
Augmentum Fintech raises £94m in IPOAugmentum Fintech raises £94m in IPO
12079 views comments | 25 tweets | 5 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
7453 views comments | 8 tweets | 7 linkedin
BIS warns central banks on digital currency issuanceBIS warns central banks on digital currenc...
6703 views comments | 18 tweets | 17 linkedin
Barclays propels Coinbase into Faster PaymentsBarclays propels Coinbase into Faster Paym...
6558 views comments | 15 tweets | 28 linkedin
Capital One virtual assistant can now issue virtual card numbersCapital One virtual assistant can now issu...
6453 views comments | 12 tweets | 11 linkedin

Featured job

Basic c. EUR 90K OTE c. EUR 180K plus full bene...
Paris (preferred) or London

Find your next job