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

NY Fed Ponders Legal Action Over $81M Bangladeshi Heist
NY Fed Ponders Legal Action Over $81M Bangladeshi Heist
December 08, 2017  |  Security & Fraud

In what may be a legal salvo over a monumental bank heist perpetrated by cyber thieves, the central bank of Bangladesh has asked the New...

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SWIFT Warns Banks That Hackers Are Raising The Level Of Their Game
SWIFT Warns Banks That Hackers Are Raising The Level Of Their Game
November 29, 2017  |  Security & Fraud

SWIFT is warning banks that cybercriminals are getting more sophisticated and that the risk of digital heist is on the upswing.  The Brussels-based inter-bank messaging...

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B2B Payments, SWIFT And In The Cloud
B2B Payments, SWIFT And In The Cloud
November 08, 2017  |  B2B Payments

B2B transactions are complex, especially across borders.  Technology can help salve the pain points of information flow needed across an increasingly regulated landscape.  Speed and...

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Latest Victim Of The SWIFT Attacks? A Nepalese Bank
Latest Victim Of The SWIFT Attacks? A Nepalese Bank
November 08, 2017  |  Security & Fraud

Another bank has been hit in the string of cyberattacks that have been targeting the global SWIFT bank messaging system. The latest victim is a...

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Building A Faster, Safer Network On The Blockchain
Building A Faster, Safer Network On The Blockchain
November 08, 2017  |  API

It seems time to bring B2B collaboration into the fast lane, with help from the blockchain, says Hyperledger’s Executive Director Brian Behlendorf. In the latest...

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Report Claims North Korea Responsible For SWIFT Hack 
Report Claims North Korea Responsible For SWIFT Hack 
October 17, 2017  |  Fraud Attack

A British cybersecurity firm believes that North Korean hackers are responsible for a recent cyberheist in Taiwan, which targeted the global SWIFT messaging system. Get...

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SWIFT Test Demonstrates Positive Potential Future For Blockchain Tech
SWIFT Test Demonstrates Positive Potential Future For Blockchain Tech
October 13, 2017  |  Blockchain / Distributed Ledger

The results are in for an early proof-of-concept test at Swift with six of the cooperative’s member banks. Get the Full Story Complete the form...

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ACI Streamlines Banks’ Path To Real-Time Payments
ACI Streamlines Banks’ Path To Real-Time Payments
October 11, 2017  |  B2B Payments

ACI Worldwide has unleashed its real-time payment solution for financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy...

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SWIFTNet Instant Allows Access To RT1 System
SWIFTNet Instant Allows Access To RT1 System
October 10, 2017  |  Banking

As of this morning, SWIFT and EBA Clearing have announced news that users of the RT1, EBA’s instant payment system, will be able to access the...

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