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

SWIFT Pressures Member Banks To Enhance Cybersecurity

SWIFT Pressures Member Banks To Enhance Cybersecurity
SWIFT Pressures Member Banks To Enhance Cybersecurity
February 03, 2017  |  B2B Payments

SWIFT is putting the pressure on its members to enhance their cybersecurity capabilities, according to reports by SC Magazine. Get the Full Story Complete the form to...

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Pelican Has New AI Technology To Fight Fraud
Pelican Has New AI Technology To Fight Fraud
February 02, 2017  |  Fraud Prevention

Pelican, a global provider of payments and compliance solutions for banks and corporates, is using the latest in technology to protect its clients from wire...

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SWIFT Now Looking At Blockchain For Interbank Payments
SWIFT Now Looking At Blockchain For Interbank Payments
January 13, 2017  |  B2B Payments

Financial messaging firm SWIFT made its first public embrace of blockchain technology last year with a whitepaper exploring the use of the technology for smart...

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Attempted Cyberattack Cost Turkish Bank $4M
Attempted Cyberattack Cost Turkish Bank $4M
December 19, 2016  |  Cybersecurity

Turkey’s Akbank financial institution was targeted by hackers via the SWIFT global money transfer system earlier this month. While the bank confirmed no customer data...

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Hackers Won’t Let SWIFT Catch A Break
Hackers Won’t Let SWIFT Catch A Break
October 14, 2016  |  Cybersecurity

Another day, another cyberthreat on SWIFT. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Another Group of Hackers Target Swift, According To Symantec
Another Group of Hackers Target Swift, According To Symantec
October 12, 2016  |  Cybersecurity

A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. 11)....

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SWIFT Stands Behind Its Global Payments Innovation Initiative
SWIFT Stands Behind Its Global Payments Innovation Initiative
October 06, 2016  |  B2B Payments

SWIFT’s year has been filled with controversy, the apex of which occurred when reports surfaced that cyberthieves infiltrated Bangladesh Bank via the SWIFT messaging system in...

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Banks Boost Security Of SWIFT Networks
Banks Boost Security Of SWIFT Networks
September 30, 2016  |  Cybersecurity

Global banks using SWIFT networks, the global interbank messaging system used to move trillions of dollars each day, are stepping up their security systems amid...

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