Ant International joins SWIFT program exploring cross-border treasury mgmt

The program explores business scenarios on cross-border end-to-end transactions.

Ant International has joined SWIFT’s Network Interoperability Reference Implementation Program, which serves as a pre-pilot to improve cross-border payment transparency.

The program explores business scenarios on cross-border end-to-end transactions tracking through banks, PSPs, and tracking on e-wallet use cases.

Ant International’s head of platform tech Kelvin Li said that they are honored to be part of the program.

“With this program, we aim to leverage Swift’s existing infrastructure and Ant International’s experience and technological capabilities in cross-border and digital payments to deliver more convenient and seamless cross-border transaction experiences to merchants of all sizes, all over the world,” Li said.