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

Another Group of Hackers Target Swift, According To Symantec

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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SWIFT Reveals Three Customer Cyberbreaches During The Summer
SWIFT Reveals Three Customer Cyberbreaches During The Summer
September 28, 2016  |  Cybersecurity

SWIFT, the interbank message carrier, revealed that customers had three new cyberbreaches over the summer and cautioned that attacks against banks in the network are...

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Understanding Corporates’ Faster Payments Strategies
Understanding Corporates’ Faster Payments Strategies
September 27, 2016  |  B2B Payments

Amid the rollout of Same Day ACH — in the midst of several other faster, digital payments initiatives and in a market where B2B payments seem...

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Winners Outweigh Losers In Payments Stocks
Winners Outweigh Losers In Payments Stocks
September 26, 2016  |  Stock Index

The PYMNTS Stock Index saw, on balance, more of a push toward positive momentum than negative. The biggest movers included Blackhawk Network Holdings, which gained...

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SWIFT Sets Sights On Smart Contracts
SWIFT Sets Sights On Smart Contracts
September 23, 2016  |  B2B Payments

SWIFT is the latest FinTech player to perk up at the thought of using distributed ledger technology for business transactions. Get the Full Story Complete...

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SWIFT’s New Plan To Stop Fraudulent Transfers Faster
SWIFT’s New Plan To Stop Fraudulent Transfers Faster
September 20, 2016  |  Retail

Daily reports to clients will soon be part of the SWIFT interbank messaging system — as the international payments network is working double time to ensure its...

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