Swift - News, Articles & Research

Company announcement

Swift report reveals RMB’s struggle to strengthen position in 2017

SWIFT’s latest RMB Tracker reveals a mixed year for the Chinese currency’s growth in 2017 and identifies some of the critical factors for success in 2018.

01 February 2018

Company announcement

Growth in payments drives Swift annual traffic to exceed 7 billion message mark

SWIFT’s FIN traffic rose to an all-time high of 7.1 billion messages in 2017, fuelled by double-digit growth in global payments.

29 January 2018

Company announcement

89% of Swift member banks meet security deadline

Following the introduction of SWIFT’s Customer Security Controls Framework in April 2017, we are pleased to report that 89% of all SWIFT customers attested their level of compliance with the mandatory security controls by the 31 December 2017 deadline.

26 January 2018

News

Swift recruits CSDs for DLT post trade plans

Banking cooperative Swift has signed an MoU with seven central securities depositaries (CSDs) to explore how distributed ledger technology (DLT) can be used to improve post-trade processes such as corporate actions, proxy voting and trade processing.

16 January 2018

News

Swift Institute challenges University teams to tackle data privacy under Open API

The academic research arm of interbank payments network Swift is calling on Australian-based students to devise new ways and means of protecting personal information in an open banking environment.

08 January 2018

Company announcement

JSC. Bank for Investment and Development of Vietnam joins Swift gpi

SWIFT announces today that JSC. Bank for Investment and Development of Vietnam (BIDV) signed up for its global payments innovation initiative, SWIFT gpi, confirming its digital banking strategy.

02 January 2018

Company announcement

Standard Chartered goes live for US Dollar Swift gpi services

Standard Chartered today went live with its US Dollar (USD) SWIFT global payments innovation (gpi) services to extend its offering to customers making USD cross-border payments.

18 December 2017

Company announcement

ACI Worldwide certified for Swift gpi

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, announced today that it is the first provider globally to receive SWIFT gpi certification for the Universal Payments (UP) Real-Time Payments solution—the industry’s only solution that allows financial institutions (FIs) to address their Real Time Gross Settlement (RTGS), SWIFT messaging and real-time payments needs with a single, universal offering.

13 December 2017

Company announcement

Industry automation rates for cross-border fund orders rise to 87%

The European Fund and Asset Management Association (EFAMA), in cooperation with SWIFT, published a new report about the evolution of automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund distribution centres of Luxembourg and Ireland during the first half of 2017.

07 December 2017

News

Swift Operations Forum Europe 2017, Amsterdam - Day 3 report

The final day of SOFE 2017 was dominated by the topic of cyber security. The closing plenary covered three key elements to this challenge: the evolution of the threat landscape, new technology and the evolution of Swift's Customer Security Programme (CSP), and the regulatory perspective.

04 December 2017

News

Swift Operations Forum Europe 2017, Amsterdam - Day 2 report

The innovation agenda has been top of mind for bankers attending Swift's operations forum in Amsterdam, with delegates sharing their experience of agile development practices, distributed ledger technology and IoT and AI deployment.

01 December 2017

News

Swift Operations Forum Europe 2017, Amsterdam - Day 1 report

The future of money, how we use data and the dizzying advances in digital technologies dominated the opening discussions at the annual Swift Operations Forum Europe (SOFE) convention in Amsterdam.

30 November 2017