For the third consecutive year our daughter PowertoPay’s Corporate Payment Hub has been accredited with the ‘2017 SWIFT Certified Application Corporates – Cash Management Label’. The accreditation by SWIFT ensures our customers our daughter company’s Corporate Payment Hub is fully compliant with all requirements for the SWIFT standards, messaging and connectivity.
SWIFT certification is available for applications in all SWIFT-related market segments. Each label category comes with a clear and specific set of criteria, designed to reflect the capability of an application to provide automation in a SWIFT environment. Criteria are re-evaluated every year to ensure alignment with market needs.
So this year PowertoPay again met all the required criteria. You’ll frequently find SWIFT certification listed as a requirement in requests for proposals for financial applications, as it provides a sound base to ensure continuous SWIFT compliance.
We are very proud to be a SWIFT Certified Application.