Swift - News, Articles & Research

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

Company announcement/people

Swift appoints Max Mamondez as CFO

Swift today announces the appointment of Max Mamondez as Chief Financial Officer.

01 November 2022

News/payments

Swift delays ISO 20022 migration until March

Swift has postponed ISO 20022 migration to next March, citing members' desire to keep in line with the Eurosytem migration, which was delayed by the ECB earlier this month.

28 October 2022

News/wholesale

Swift and MonetaGo tackle trade finance fraud

Swift has teamed up with vendor MonetaGo to launch a trade financing validation service for the messaging network's 11,000+ members.

28 October 2022

Finextra TV/Sibos

Collaborative innovation and ‘Embracing the digital landscape’

Nick Kerigan, Head of Innovation, Swift joins FinextraTV at Sibos 2022. Elaborating on this year’s key Sibos topic ‘Embracing the digital landscape’, Kerigan catches us up on the latest available information in the field, walking us through how innovation and transformation are being encouraged in the industry and what is happening in banks to cover the next iteration of developments in CBDCs, tokenized assets, AI, data solutions and the impending arrival of Web 3.0 and the metaverse.

24 October 2022

News/sustainable

Sibos 2022: Spotlight on Greenomy, Swift Innotribe's sustainability winner

Escaping from the main stage for a hot minute, Finextra listened in to a pitch on the Sibos Discover stage, where Fabian Vandenreydt, chief strategy officer at Greenomy, outlined the ESG-focused fintech’s plan to streamline banks’ and corporates’ sustainable finance reporting in line with the EU Taxonomy, SFDR and CSRD/NFRD.

13 October 2022

Company announcement/payments

EBA Clearing, Swift and TCH to pilot faster cross-border payments between Europe and the US

EBA CLEARING, The Clearing House (TCH) and SWIFT announced today that the delivery of the Immediate Cross-Border Payments (IXB) pilot service is on track and is set to revolutionise cross-border payments.

06 October 2022

News/Sibos

Sibos 2022: Lighting the beacon under data quality through ISO 20022

In the lead up to Sibos 2022, Finextra reached out to Masayuki Tagai, industry issues executive for APAC, J.P. Morgan Payments, to respond to some questions tied to his Sibos panel, ‘Rethinking data architecture through the ISO 20022 lens.’

05 October 2022

News/crypto

Swift finds role as global hub for CBDCs and tokenised assets

Financial messaging network Swift has released the results of a trial that allowed digital currencies and assets to flow smoothly alongside, and interact with, their traditional counterparts by bridging between different distributed ledger technology (DLT) networks and existing payment systems

05 October 2022