Swift

909 results about this entity

Period: 22 Jul 2008 - 25 Jun 2025

Legal Entity Identifier standard nears

Plans to create a new legal entity identifier (LEI) system to help regulators and industry participants monitor systemic risk are gathering momentum, with Swift winning a vote to act as the registration authority for the ISO standard and a group of trade associations setting out their framework.

Swift taps Sword Fircosoft tech for sanctions screening service

Financial messaging body Swift has selected technology from Sword FircoSoft to support a new centralised sanctions screening service aimed at small banks.

Swift waiting for ISO vote on becoming RA for LEIs

Richard Young, manager for regulatory affairs at Swift, tells Finextra that the banking co-operative is now waiting on a vote from the relevant ISO committees on whether it will become the registration authority for the soon-to-be developed, independent legal entity identifier standard.

Bolero and Swift agree trade services pact

Internet-based trade finance utility Bolero has brokered an agreement with financial co-operative Swift to use the FileAct network for corporate-to-bank messaging.

EU citizens betrayed by Swift data deal - MEPs

European Parliamentarians have slammed the latest Swift bank data sharing deal with the US, saying that six months after it was introduced checks put in place are failing and American requests for information simply rubber stamped by Europol.

Swift tackles SSI errors

Financial messaging body Swift is introducing a suite of services it claims will improve automation and reduce errors in standing settlement instructions (SSIs).

Swift seeks pilots for collaborative standards management platform

Financial messaging network Swift is assembling a group of pilot users to help define a new collaborative Web-based platform for more efficient standards management.

WikiLeaks: Merkel furious at MEPs over Swift data sharing deal rejection

German Chancellor Angela Merkel was left "very, very angry" after the European Parliament voted earlier this year to scrap a deal to allow US authorities access to banking data transmitted over Swift, worried that Washington would see the move as a sign that the continent does not take terrorism seriously, according to a cable released by WikiLeaks.

Acquisition marks major shift for Swift

Hans Cobben, CEO of new Swift subsidiary Arkelis, says the co-operative's foray into solution vendor ownership is about controlling more than just the network and interface layers.

MiiCard wins out as start-ups vie for VC attention in Sibos' Dragon's Den

Twelve technology start-ups are competing for venture capitalists' blessing at a session on the final day of Sibos, the annual event run by financial messaging body Swift.

Sibos Innotribe Labs take centre stage

A business that aims to create a complete view of a bank's financial health by using recycled financial messages is the favourite to win the Innotribe Lab pitching contest held at Sibos, the annual conference held by financial messaging body Swift.

Deutsche Bank puts TSU to the test with first live corporate

Almost five years since it was among 19 banks to begin testing Swift's Trade Services Utility, Deutsche Bank has conducted its first live transactions with a corporate customer using the utility.