Swift - News, Articles & Research

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 987 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

Company announcement/regulation

GSS works with Swift to streamline sanctions screening

Global Screening Services (GSS), a leading RegTech pioneer, today announced an extended partnership with Swift that will enable financial institutions around the world to access its unique end to-end sanctions screening platform over the same infrastructure that they already trust to move money between more than 200 countries and four billion accounts globally.

14 October 2024

Company announcement/payments

AutoRek joins Swift partner programme

AutoRek, a leading automated financial controls platform, is delighted to announce that it has joined the Swift Partner Programme, to improve and simplify the consolidation and reconciliation of financial data.

09 October 2024

News/crypto

Swift preps live digital asset trials

Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network.

03 October 2024

News/payments

Swift to develop concrete plans for CBDC and tokenised asset exchange

Global banking co-operative Swift is moving forward with plans to offer member banks access to emerging digital asset classes and currencies over its network, covering a range of use cases in payments, securities, FX, trade and beyond

11 September 2024

News/payments

Japanese banks pilot stablecoin-based cross-border payments

Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.

10 September 2024

Company announcement/cloud

Nomentia offers clients Swift Business Connect service

Nomentia, a European leader in treasury and cash management solutions, is becoming one of the first vendors to provide Swift‘s Business Connect service to its current and future clients.

16 August 2024

News/security

Australia moves one step closer to roll out of Confirmation of Payee

Australian Payments Plus (AP+) and the Australian Banking Association (ABA) have completed the design specs for a new national Confirmation of Payee service, providing another layer of protection against scammers.

08 August 2024