Swift - News, Articles & Research

Company announcement/people

Swift names JP Morgan's Graeme Munro non-executive chair

The Swift Board of Directors today announced new leadership, with the election of J.P. Morgan’s Graeme Munro as non-Executive Chair and Samantha Emery of Lloyds Banking Group as non-Executive Deputy Chair at its regular meeting this week.

30 March 2023

News/wholesale

Swift hails results of blockchain pilot for corporate actions data

Interbank co-operative Swift has successfully completed its blockchain-based corporate actions pilot, describing it as a "compelling solution".

24 March 2023

Company announcement/cloud

Eastnets migrates Americas Swift and sanctions screening infrastructure to Microsoft Azure

Eastnets, a global leader in compliance and payment solutions for the financial services industry, is responding to the increasingly complex and rapidly evolving financial landscape and becomes one of the first Swift service bureausi to migrate its full infrastructure in the Americas to Microsoft Azure.

22 March 2023

News/payments

Swift to develop beta version of experimental CBDC connector

Interbank co-operative Swift is reporting strong support from central and commercial banks after sandbox testing of an experimental method for interlinking central bank digital currencies (CBDC) with existing fiat infrastructures.

09 March 2023

Company announcement/people

Swift's David Watson named CEO of The Clearing House

The Clearing House (TCH) today announced that President & CEO Jim Aramanda will be retiring in early-2023, after 15 years leading the company.

03 January 2023

News/people

Swift re-hires Grainger to lead Americas and UK business

Financial messaging co-operative Swift has re-hired Stephen Grainger from Mastercard to serve as chief executive for Americas and UK region.

03 January 2023

Company announcement/payments

Swift Go sign-ups triple

Swift today reported significant progress in 2022 toward the G20’s goals for enhancing the cross-border experience, rapidly setting a new standard for low-value payments, transforming upfront payment processing to remove friction, bringing new levels of transparency to the securities industry, and delivering breakthrough innovation to integrate CBDCs into the financial ecosystem.

29 November 2022

News/crime

Featurespace scores funding to develop money laundering AI prototype

Featurespace has secured funding from UK and US governments to develop a prototype privacy-enhancing artificial intelligence system to help banks and payments service providers (PSPs) detect financial crime.

23 November 2022

News/payments

RBC jumps on Swift Go for cross-border payments

RBC has become the first Canadian bank to roll out Swift Go, enabling businesses to send cross-border near real-time low-value cross-border payments.

21 November 2022

News/crypto

US banks launch digital asset settlement platform PoC

Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.

16 November 2022

Company announcement/payments

Gleif and Swift collaborate for interoperability across global entity identifier systems

The Global Legal Entity Identifier Foundation (GLEIF) today announces that it has expanded the scope of its collaboration with Swift by providing certification for the mapping of the Market Identifier Code (MIC) to the Legal Entity Identifier (LEI).

15 November 2022

News/payments

Canada latest to delay ISO 20022 migration

Canada's high-value payment system's move to ISO 20022 will be delayed until March in order to keep in step with the recently postponed migration to the message standard by Swift and the Eurosystem.

03 November 2022