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

Is China’s Cross-Border Inter-Bank Payments System A Bust?
Is China’s Cross-Border Inter-Bank Payments System A Bust?
October 09, 2015  |  Controversial

China’s cross border payments system debuted this week to little fanfare. The hours are short, for one thing. Here’s what bears watching as CIPS works...

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The Changing Landscape Of Real-Time Payments
The Changing Landscape Of Real-Time Payments
April 27, 2015  |  B2B Payments

The emergence of real-time payment services is transforming the payments landscape, according to a new research paper from financial cooperative SWIFT. Get the Full Story...

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Russia Unlikely To Be Banned From SWIFT Network
Russia Unlikely To Be Banned From SWIFT Network
March 23, 2015  |  International

Despite pressure from politicians, the U.S. and its allies won’t push to expel Russia from the SWIFT global financial-messaging network, Bloomberg News reported. Get the...

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SWIFT Extends Sanctions Screening Service To Cover All Financial Messaging
SWIFT Extends Sanctions Screening Service To Cover All Financial Messaging
January 15, 2015  |  B2B Payments

Global financial-messaging network SWIFT has extended its Sanctions Screening service to support all messages used in financial transactions, regardless of format or financial network, according...

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Euro Lawmakers Concerned About SWIFT Payments Data Sharing With The US
Euro Lawmakers Concerned About SWIFT Payments Data Sharing With The US
January 09, 2015  |  Europe

European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it,...

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