Swift

887 results about this entity

Period: 22 Jul 2008 - 17 Oct 2024

Russia pushes its Swift alternative

Russian authorities are promoting the international use of an alternative financial messaging system to the global Swift network in order to mitigate the risk of sanctions.

/payments

Broadridge integrates Swift gpi

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, has integrated Swift global payments innovation (gpi) for its corporate clients and is now on-boarding users.

/payments

Spanish banks embrace Swift gpi

Six Spanish banks, accounting for 85% of Spain’s cross-border payments, have adopted the Swift global payments innovation (Swift gpi), the new standard for cross-border payments.

/payments

SocGen extends Swift gpi coverage to nine new countries

Societe Generale today launched SWIFT gpi in nine new countries: Germany, Belgium, Spain, Italy, Netherlands, United Kingdom and Switzerland in Europe, as well as Hong Kong and Singapore in Asia.

/startups

Swift makes space for 100 startups at Sibos 2019

Applications for fintechs to exhibit in the Discover Zone at Sibos 2019 London are now open. This year the Discover Zone will be the largest ever, with space for 100 leading fintechs operating in areas such as regtech, cyber security, AI, machine learning, big data and blockchain, along with those involved in cash management and supply chain management.

National Settlement Depository first CSD to sign up for SWIFT gpi

National Settlement Depository (NSD), Russia’s central securities depository (CSD) has become the first CSD to sign up for SWIFT’s gpi service – a rapid cross-border payments service that provides real-time payments tracking and transparency on bank fees and foreign exchange rates.

/regulation

RBI fines Indian banks over Swift compliance failures

The Reserve Bank of India (RBI) has fined at least 19 banks, including ICICI, State Bank of India and Yes Bank, for failing to comply with rules on using the Swift network.

Swift combines with Asia Pacific institutions on DLT for proxy voting

Interbank payments network Swift is to run proof-of-concept trials of the use of distributed ledger technology for proxy voting in the Asia Pacific region.

CBA meets demanding Swift changeover schedule

Norwegian software vendor Commercial Banking Applications (CBA), today announced that the latest release of its IBAS GTF – Global Trade Finance Factory – went live at all CBA’s user banks in November 2018, in full compliance with SWIFT Release 2018.

/payments

Swift gpi hits 50% tipping point on two-year anniversary

Swift's global payments innovation (gpi) initiative has reached a critical tipping point, accounting for over 50% of messaging traffic across the interbank network.

Volante switches on support for latest Swift standards

Volante Technologies Inc., the global provider of software to accelerate digital transformation and modernization, today announced support for the latest SWIFT Standards Release 2019.

/regulation

Swift to open KYC Registry to corporates

Interbank messaging network Swift is to open its KYC Registry to corporates, providing a central hub for document exchange with multiple banking partners and eliminating duplication and ineffeciency.