LONDON, Sept. 24, 2019 /PRNewswire/ — SWIFT and Microsoft collaborated with Bank of New York Mellon Treasury Services, the first bank to execute a real-time payment (RTP) transaction in the US, to complete the test transaction validating their new Cloud Connect payments capability for banks, financial institutions and enterprises. Bank of New York Mellon executed the payment for Microsoft’s Treasury Department, confirming the Cloud Connect proof of concept unveiled at Sibos last year. Cloud Connect hosts SWIFT infrastructure and enables payment transfers via Microsoft Azure – the Redmond, WA tech firm’s cloud-based platform.

source https://finance.yahoo.com/news/bny-mellon-swift-microsoft-turn-071500844.html?.tsrc=rss