Firm gets business application provider licence

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

A financial services platform providing access to a secure treasury and liquidity management system, Multigate, has announced its qualification as a licensed SWIFT Lite2 Business Application Provider.

It disclosed that the SWIFT qualification validates its business application and provides connectivity for its customers to thousands of financial institutions globally by leveraging the SWIFT network.

Statement by the company said, “The SWIFT license will also extend its capacity to offer standardised, safe, and secure services to its clients and partners with an overall objective of increasing revenue by efficiently maximising cash flows. He added, “This also solidifies our adherence to global information security and market best practices and our compliance with global ISO messaging for our clients. We are optimistic about the value we can offer to large corporates through SWIFT to expand to more international markets in the long term.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Firm pledges $1bn investment in Nigeria, othersVisa has announced a $1bn investment spread across five years in Nigeria and other African countries.
Source: MobilePunch - 🏆 8. / 63 Read more »