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)

Private Sector and Messaging Standards Target Cross-Border Interoperability Challenges
Private Sector and Messaging Standards Target Cross-Border Interoperability Challenges
October 30, 2023  |  Cross-border Payments

As faster payments schemes take shape around the globe — in the U.S., the FedNow® Service is the latest example — realizing the full potential...

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Fiserv Expands Partnership With Swift to Enhance Cross-Border Payments
Fiserv Expands Partnership With Swift to Enhance Cross-Border Payments
October 04, 2023  |  Partnerships

Fiserv has expanded its longstanding partnership with Swift to improve the speed and visibility of cross-border payments. The global provider of payments and financial services technology...

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Cross-Border Payments Innovation Key to SMB Growth
Cross-Border Payments Innovation Key to SMB Growth
September 19, 2023  |  Cross-border Payments

Industries are defined by what customers do, not what companies produce. And if something doesn’t scale up across a global audience, then it isn’t worth much.  That’s...

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Visa and Swift Streamline Cross-Border Payments With B2B Connect
Visa and Swift Streamline Cross-Border Payments With B2B Connect
September 19, 2023  |  B2B Payments

Visa and Swift have announced a collaboration aimed at streamlining international B2B payments. The joint effort will provide financial institutions and their customers with more choice, speed and...

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IBM and Swift Partner to Deliver Payments-as-a-Service to Financial Institutions
IBM and Swift Partner to Deliver Payments-as-a-Service to Financial Institutions
September 18, 2023  |  Partnerships

IBM Payments Center has joined the Swift Partner Programme, creating new collaboration opportunities with Swift members. The partnership between IBM and Swift brings together IBM’s expertise and Swift’s global reach to...

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Swift and Wise Team to Offer FIs More Cross-Border Options
Swift and Wise Team to Offer FIs More Cross-Border Options
September 18, 2023  |  Partnerships

Money transfer firm Wise and global messaging platform Swift have launched a cross-border payment partnership. The collaboration, announced Monday (Sept. 18), is designed to provide financial institutions and their customers with...

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Swift Testing Interlinking CBDC Solutions With Three Central Banks
Swift Testing Interlinking CBDC Solutions With Three Central Banks
September 13, 2023  |  CBDC

Global messaging platform Swift says three central banks are testing its solution for interlinking CBDCs. In the meantime, another 30 financial institutions are experimenting with...

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SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
August 22, 2023  |  Faster Payments

One overarching theme in payments — no matter whether commercial or retail transactions — is that of speed.   Faster payments tend to translate into greater...

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Ripple Joins BIS Task Force for Cross-Border Payments
Ripple Joins BIS Task Force for Cross-Border Payments
August 11, 2023  |  Payment Methods

Enterprise blockchain and crypto solutions provider Ripple is among the members of a cross-border payments task force recently formed by the Bank for International Settlements (BIS). As part of the cross-border...

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