Swift - News, Articles & Research

Company announcement/Sibos

Bear Grylls to close Sibos

Bear Grylls OBE, one of the most recognised faces of outdoor survival and a champion for sustainability, will be the closing keynote speaker at Sibos 2022.

30 August 2022

Finextra TV/payments

EBAday 2022: Achieving instant and frictionless cross-border payments

Thierry Chilosi, Chief Executive, Europe, SWIFT, speaks at EBAday 2022 in Vienna, about achieving instant and frictionless cross-border payments. We hear about what is happening in the European payments landscape, SWIFT's role in the future world of cross-border payments and CBDCs.

09 June 2022

News/payments

Swift and CapGemini work on CBDC gateway to existing payment networks

Interbank messaging network Swift is working with Capgemini to explore ways to interlink the multiple domestic-based CBDC networks emerging worldwide with existing payment infrastructures for seamless cross-border payments.

25 May 2022

News/payments

Financial coalition to trial faster cross-border payments between Europe and the US

EBA Clearing, Swift and The Clearing House (TCH) are to run a pilot service for immediate cross-border payments (IXB) with the support of banks from both sides of the Atlantic.

28 April 2022

News/predictions

Deutsche Bank report warns of fallout from Russia's Swift ban

Facing criticism for its reluctance to pull out of Russia, Deutsche Bank has published a research report warning that banning the pariah state from Swift will "complicate trade and amplify jitters".

11 March 2022

News/payments

Swift ban extended to Belarus

Three Belarusian banks have been excluded from the Swift financial messaging network as the EU imposes further financial sanctions against warring forces in Ukraine.

09 March 2022

News/payments

EU bans seven banks from Swift network

The European Union has agreed to exclude seven Russian banks from the Swift financial messaging network.

02 March 2022

News/Sibos

Russian banks to be cut off from Swift

A select group of Russian banks are to be excluded from the Swift financial messaging system as part of a package of new financial sanctions agreed by Western allies.

28 February 2022

News/payments

UK pushes Europe to cut Russia off from Swift

As Russia moves further into Ukraine and sanctions have isolated Russian banks from the rest of the global financial system, depriving the country of vital technology, UK foreign secretary Liz Truss has revealed that the “UK is working with allies to exclude Russia from the Swift financial system.”

25 February 2022

News/payments

Paysera shuts down payments to Russia; Swift exclusion remains off the table

Baltic fintech Paysera is to halt transfers to and from Russia and close accounts of Russian clients in a show of solidarity with Ukraine as it comes under siege from Russian armed forces.

24 February 2022

News/payments

West steps back from imposing Swift ban on Russia

Western governments are no longer considering cutting Russian banks off from the Swift network, Germany's Handelsblatt newspaper reported, citing German government sources.

18 January 2022

News/crypto

Swift explores expansion of network into the digital asset market

Banking co-operative Swift is to explore how it can support interoperability in the development of the tokenised asset market, working in conjunction with Clearstream, Northern Trust, SETL and other market participants.

23 December 2021