Fresh Territory
WATERS PROFILE
Swift may be the last word in the world of payments, but James Donovan, the head of Swift's Securities Industry Division, says there are remarkable opportunities ahead.
Historically, Swift's business has focused on providing payment solutions to the banking community. "We really haven't paid attention to the continuing growth, and the pace of that growth, in the industry," says Donovan. His division grew 18.9 percent in 2005 and market share may outstrip the payments division's North American
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