Swift Launches Daily Data Feeds To Help Firms Cut Costs
Messaging provider Swift has begun to issue daily updates of its reference data files, in a move it says will help firms keep costs down by ensuring the data they use in payment messages is up to date and accurate.
Until now, the reference data provided in file downloads from the SwiftRef data platform has been updated on a monthly basis. This left costly manual work for users, who had to make sure the data was accurate in the weeks between monthly updates.
Swift says the daily updates are
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