Swift - News, Articles & Research

Company announcement/payments

BNP Paribas, Vanderlande and Surecomp comple Swift - ICC API pilot for trade finance guarantees

Surecomp today announced that, together with BNP Paribas and Vanderlande, it has successfully piloted a new corporate-to-bank connectivity standard designed by Swift and the International Chamber of Commerce (ICC).

14 November 2024

Company announcement/crypto

UBS and Chainlink use Swift network for tokenized fund transactions

Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network.

05 November 2024

News/crime

Sibos: Interpol’s I-GRIP tool requested by increasing number of countries

Australia, Canada, Japan, Korea and Spain were among those mentioned as requesting to use Interpol’s Global Rapid Intervention of Payments (I-GRIP) system by Sungyong Kang, criminal intelligence officer, Interpol, during a panel at Sibos.

23 October 2024

Company announcement/ai

Kodex AI wins Swift pitch contest

Sibos 2024 hosted the fifth edition of the Discover Perfect Pitch competition, a challenge with a twist giving fintechs from around the globe the opportunity to showcase their products and services to the Sibos community.

23 October 2024

Company announcement/ai

Eurocler and Swift join Chainlink AI and blockchain initiative for corporate actions

Chainlink announced today the results of an industry initiative that harnesses the combined advancements in AI, oracles, and blockchain technology to address the lack of real-time and standardized data around corporate actions.

22 October 2024

News/Sibos

Sibos: PBoC to promote the ‘healthy development of cross-border payments’

“The People’s Bank of China (PBoC) will continue to promote healthy development of cross border payment in the principles of openness, cooperation and mutual benefit,” said Lu Lei, deputy governor, The People's Bank of China, during the Sibos’s opening plenary.

21 October 2024

Company announcement/payments

Nium connects with Swift

Nium, the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network.

21 October 2024

Company announcement/wholesale

WaveBL demonstrates blockchain-based trade finance with Swift and five global banks

WaveBL, the leading blockchain-based electronic Bill of Lading (eBL) platform, has completed a groundbreaking Proof of Value (POV) with Swift and the participation of five global banks: Lloyds, Emirates NBD Bank, Federal Bank Limited, and other banks, as well as MSC Mediterranean Shipping Company (MSC), a leading ocean carrier acting as an eBL issuer on WaveBL.

17 October 2024

Company announcement/payments

Swift speeds up cross-border payments

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.

17 October 2024

Company announcement/payments

Troata connects with Swift

Trovata, the pioneering force in corporate bank APIs, announces a new collaboration with Swift, the world’s leading provider of secure financial messaging services, which will extend the benefits of Swift’s tracking capabilities to more businesses through API connectivity.

17 October 2024

ResearchFuture of Report

The Future of Payments 2025 – Digital, Instant, Profitable?

17 October 2024 750 downloads

News/security

Swift unveils AI-powered real-time fraud barrier

Banking co-operative Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime.

16 October 2024