Swift

876 results about this entity

Period: 22 Jul 2008 - 16 Aug 2024

Citi leverages Swift gpi to launch Payments Insights

Citi has launched Citi Payment Insights, a new service providing institutional clients with real-time payments visibility, and ability to action payments on-demand via its electronic banking platform, CitiDirect BE.

Funds processing automation rates reach new highs

The European Fund and Asset Management Association (EFAMA), in collaboration with SWIFT, today publishes a new report on the evolution of automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland in 2017.

Swift moves to universal adoption of gpi

Banking co-operative Swift is to extend its global payments innovation (gpi) scheme to all 10,000 member banks on the network as it faces up to competition from the likes of Ripple and a growing disenchantment with old-school correspondent banking models.

Collaboration in financial services is key in Latin America

Swift's Latin American Regional Conference in Miami had a clear focus on how new market entrants and developing technologies are dramatically changing the financial landscape in the region.

Banco de Chile lost $10 million while battling virus infection

Hackers infiltrated the IT systems of Banco de Chile with disk-wiping malware, causing chaos and distracting from the theft of $10 million via the international Swift network.

Italian banks test blockchain for interbank reconciliations

The Italian Banking Association (ABI) has opened a pilot project on blockchain-based interbank reconciliations to a first group of 14 lenders.

Banco Bradesco joins Swift gpi

SWIFT announces that Banco Bradesco, one of the largest banks in Brazil, has joined SWIFT’s global payment innovation (gpi) service to enhance its customer experience, and increase the speed, transparency and traceability of cross-border payments.

Swift: A quarter of all cross-border payments now over gpi

SWIFT announces today that just 15 months after the service launched, 25% of all SWIFT cross border payment traffic is being sent over the global payments innovation (gpi). SWIFT gpi, the most transformational change in cross-border payments in 30 years, dramatically enhances the customer experience by increasing the speed, transparency and end-to-end tracking capability of payments.

African banks embracing Swift gpi

15 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank - and many others are preparing to go live on the service in 2018.

Efis turns to Swift for instant payments

SWIFT announced today that EFiS, the longest serving SWIFT Service Bureau in the EU, has selected SWIFT to provide connectivity to the Eurosystem’s TIPS and EBA Clearing’s RT1 for instant payments within the euro-area.

Broadridge awarded blockchain patent for proxy voting

The prospect of applying blockchain technology to the proxy voting process has become more likely after Broadridge, one of the biggest providers of investor-related services, was awarded a patent for this very purpose.

Swift explores Asia Pacific cross-border real-time payments

SWIFT has joined forces with a group of SWIFT gpi banks from Australia, China, Singapore and Thailand to develop a unique cross-border real-time payments service in the Asia Pacific region.