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

Philippine Central Bank Issues Alert After Cyberattack On Malaysian Bank

Philippine Central Bank Issues Alert After Cyberattack On Malaysian Bank
Philippine Central Bank Issues Alert After Cyberattack On Malaysian Bank
April 02, 2018  |  Cybersecurity

The Philippine central bank is warning local financial institutions to be on the lookout for cyberattacks after the Malaysian central bank was hacked. Get the...

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Malaysia Central Bank Says It Stopped Hack Via SWIFT
Malaysia Central Bank Says It Stopped Hack Via SWIFT
March 30, 2018  |  Cybersecurity

Malaysia’s central bank announced Thursday (March 29) that it was the subject of a cyber attack in which hackers aimed to steal money via fraudulent...

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SWIFT, SAP Streamline Corporates’ Multi-Bank Relations
SWIFT, SAP Streamline Corporates’ Multi-Bank Relations
March 28, 2018  |  B2B Payments

SWIFT and SAP are collaborating to facilitate corporate-to-bank connectivity into the SWIFT network, the companies recently announced. Get the Full Story Complete the form to...

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SWIFT Broadens Real-Time Payment Tracking Capabilites
SWIFT Broadens Real-Time Payment Tracking Capabilites
March 26, 2018  |  B2B Payments

SWIFT’s gpi initiative is broadening payment tracking capabilities, according to a press release from the payments messaging organization. Get the Full Story Complete the form...

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SWIFT Reveals Success, Future Challenges Of Blockchain PoC
SWIFT Reveals Success, Future Challenges Of Blockchain PoC
March 09, 2018  |  B2B Payments

SWIFT has offered another update on its blockchain proof of concept (PoC), reiterating its potential to enrich transaction data, support real-time liquidity management and reconciliation...

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City Union Bank Says Hackers Transferred $2M
City Union Bank Says Hackers Transferred $2M
February 19, 2018  |  Fraud Prevention

City Union Bank, the Indian bank, disclosed this past weekend that it was hacked — with bad guys transferring close to $2 million. Get the...

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Russian Central Bank Says $6M Hack Linked To SWIFT
Russian Central Bank Says $6M Hack Linked To SWIFT
February 16, 2018  |  Cybersecurity

The Central Bank of the Russian Federation is reporting a SWIFT hack last year that saw hackers made 339.5 million rubles ($6 million) disappear.  The disclosure...

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Aussie’s New Payments Platform (Called New Payments Platform) Goes Live   
Aussie’s New Payments Platform (Called New Payments Platform) Goes Live   
February 13, 2018  |  News

The Reserve Bank of Australia and its Payments System Board announced on Tuesday (Feb. 13) the launch of a new payments infrastructure – called the New...

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