Qatar Foundation goes live with SWIFT system
Qatar Foundation has gone live with the SWIFT global electronic payment system, making it the first non-bank in Qatar and the first not-for-profit organisation in the world to join the network.
SWIFT, a financial messaging provider for over 9,700 financial institutions and corporations in 209 countries, has selected Sword FircoSoft's Sanctions Screening service components to help small- and medium-sized banks more easily comply with sanctions regulations.