Axis Bank tied up with Swift to provide a digital banking solution

Axis Bank is working with new digital services from provider Swift to provide a comprehensive digital solution to clients. The bank is integrating with different digitization initiatives by government bodies and service providers to extend an end-to-end service to business clients.

In businesses, we have seen two years of digitization take place in two months after the pandemic. The pace of digitization and adoption has been phenomenal,” said Axis Bank deputy MD Rajiv Anand.

Axis bank’s B2B (business-to-business) digitization efforts are being supported by Swift, a cooperative of global banks that acts as an intermediary between banks and sets standards.

Static/Current Takeaways Important For All Exam 2021:

Axis Bank Founded: 3 December 1993;

Axis Bank Headquarters: Mumbai;

Axis Bank MD & CEO: Amitabh Chaudhary;

Axis Bank Chairperson: Shri Rakesh Makhija.