SWIFT Lauds Arrival Of SWIFT II At Its Annual SIBOS Meeting

THIS WEEK'S LEAD STORIES

"SWIFT II is a reality." That was the message promulgated by the biggest financial message carrier in the business -- the Society for Worldwide Interbank Financial Telecommunication (SWIFT) -- at its annual operations bash two weeks ago. Another message delegates came away with, though, was that their organizations could face technical difficulties during the migration to the new SWIFT network.

At the SWIFT International Banking Operations Seminar (SIBOS), held this year in Berlin, SWIFT blew its

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