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Mambu Expands Global Payments Reach with Swift Business Connect Certification

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Mambu Expands Global Payments Reach with Swift Business Connect Certification

Mambu has been certified as an Enabler of Swift‘s Business Connect and Value-Added Services.

The cloud banking platform can now provide financial institutions with fully managed access to Swift’s global financial messaging network without needing to operate dedicated infrastructure or rely on legacy services.

Integrated directly into the Mambu Payments Hub, the capability allows banks and fintechs to manage cross-border and domestic payment flows from a single platform.

Institutions can also use the platform to manage international payment use cases consistently. These include correspondent banking, partner bank connectivity, and direct access to market infrastructures.

Under this model, Mambu manages the infrastructure, security, and compliance requirements associated with Swift connectivity on behalf of its customers.

Edouard Mandon
Edouard Mandon

“We’re proud to bring fully managed Swift connectivity to our customers. This certification means our customers can access Swift’s global network without the operational burden of managing the infrastructure themselves,”

said Édouard Mandon, VP Payments at Mambu.

Mandon added that BankB is already live on the platform, using the Swift Alliance Cloud connectivity to link with ING as its Single Euro Payments Area (SEPA) sponsor bank.

Several more institutions are completing their onboarding and will go live in the coming weeks.

The Swift Business Connect offering is now available globally to banks, fintechs, neobanks, and electronic money institutions.

 

 

Featured image credit: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Magnific

The post Mambu Expands Global Payments Reach with Swift Business Connect Certification appeared first on Fintech Singapore.



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