SWIFT

The Society for Worldwide Interbank Financial Telecommunication, legally S.W.I.F.T. SCRL, provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.

Source: en.wikipedia.org

Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank 
Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank 
September 23, 2019  |  Digital Banking

The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the...

READ MORE >
Lifting The Veil On Cross-Border B2B Payments
Lifting The Veil On Cross-Border B2B Payments
September 12, 2019  |  B2B Payments

Faster cross-border commercial payments are within reach thanks to global initiatives from the private and public sectors, and to growing consensus among FinTechs and financial...

READ MORE >
Collaboration Is Key For Consensus On Cross-Border Payments
Collaboration Is Key For Consensus On Cross-Border Payments
September 11, 2019  |  Payment Methods

According to the new Simplifying Cross-Border Payments Playbook, there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency...

READ MORE >
Former Managing Director At Deutsche Bank Joins SWIFT 
Former Managing Director At Deutsche Bank Joins SWIFT 
September 09, 2019  |  Personnel

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital...

READ MORE >
The Treasurers’ Guide To Simplifying Cross-Border Payments
The Treasurers’ Guide To Simplifying Cross-Border Payments
September 09, 2019  |  Cross-border Payments

The global economy is more interconnected than ever, with more companies doing business abroad than at any time in recorded history. Get the Full Story...

READ MORE >
SWIFT Reveals New API Standard For Pre-Authorization Of Funds
SWIFT Reveals New API Standard For Pre-Authorization Of Funds
September 05, 2019  |  Digital Banking

A new API standard for the pre-authorization of funds is being rolled out by SWIFT, clearing a path for a revolution in financial services enabled...

READ MORE >
PYMNTS’ Labor Day Reading List (Without The Labor)
PYMNTS’ Labor Day Reading List (Without The Labor)
September 02, 2019  |  Payment Methods

Reading lists should cut to the chase, pointing to what’s most urgent or cutting edge.  PYMNTS offers dozens of reports, trackers and playbooks throughout the...

READ MORE >
SWIFT: Real-Time Payments Demands Real-Time Security And Compliance
SWIFT: Real-Time Payments Demands Real-Time Security And Compliance
August 23, 2019  |  Digital Payments

Speed isn’t the only factor to consider in the deployment of real-time payments systems. Security and compliance are also vital components in ensuring that payments...

READ MORE >
Global Cross-Border Payments Expected To Grow, But Challenges Remain
Global Cross-Border Payments Expected To Grow, But Challenges Remain
August 16, 2019  |  Cross Border Commerce

Cross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. These transactions reached $144 billion in...

READ MORE >