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

Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
December 09, 2024  |  Cross-border Payments

Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of...

READ MORE >
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024  |  Payment Methods

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted...

READ MORE >
Citi and Bank of Shanghai Team on International Travel Payments
Citi and Bank of Shanghai Team on International Travel Payments
November 13, 2024  |  Travel Payments

Citi and the Bank of Shanghai have teamed to streamline payments for visitors to China. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Swift Settles Tokenized Fund Subscriptions and Redemptions on Its Network
Swift Settles Tokenized Fund Subscriptions and Redemptions on Its Network
November 05, 2024  |  Payment Methods

Swift has completed a successful pilot for tokenized fund subscriptions and redemptions using its network. Get the Full Story Complete the form to unlock this...

READ MORE >
Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
October 21, 2024  |  Cross-border Payments

Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. Get the Full Story Complete...

READ MORE >
Halfway Through: 3 Things We’ve Learned From PYMNTS B2B Month
Halfway Through: 3 Things We’ve Learned From PYMNTS B2B Month
October 18, 2024  |  B2B Payments

It’s been a busy October at PYMNTS. The monthlong event, B2B Payments: Outlook 2030, has been putting an exclamation point on the fact that B2B...

READ MORE >
This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
October 17, 2024  |  B2B Payments

For decades, B2B payments were an unglamorous yet essential component of corporate finance. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Swift Says It Beat G20 Cross-Border Payments Speed Target by 15%
Swift Says It Beat G20 Cross-Border Payments Speed Target by 15%
October 17, 2024  |  Cross-border Payments

By 2027, the G20 wants 75% of international payments processed within an hour. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Swift Adds New Tools to AI Fraud Prevention Offerings
Swift Adds New Tools to AI Fraud Prevention Offerings
October 16, 2024  |  Fraud Prevention

With scammers becoming more and more sophisticated, Swift is bolstering its AI-enhanced fraud detection capabilities. Get the Full Story Complete the form to unlock this article and...

READ MORE >