Swift

905 results about this entity

Period: 22 Jul 2008 - 17 Apr 2025

MEPs clash with Commission over new EU-US Swift data deal

European parliamentarians are demanding limitations on bank data transfers to the US and the right of legal redress for EU citizens under a new deal hatched between Brussels and US authorities over Swift data sharing arrangements.

Europe demands reciprocal access to US bank account data in Swift row

The European Commission is considering setting up a system to track terrorist financing which would require the US to hand over citizen bank transaction data. The move comes as the EC prepares to reopen negotiations with the US on access to EU bank accounts after previous arrangements were torpedoed by the European Parliament.

IPF Association formed to simplify global credit transfers

A group of 21 banks, clearing houses and associated payment service providers have launched the International Payments Framework Association (IPFA).

Parliament votes to scrap EU-US Swift data transfer deal

The European Parliament has voted to scrap a controversial agreement to allow US authorities access to EU banking data transmitted over the international Swift network.

Liberal leaders threaten to derail EU-US Swift data deal

Liberal party leaders in the European Parliament are threatening to over-turn an interim agreement granting US authorities access to European banking transactions transmitted over the Swift messaging network.

Swift puts the squeeze on Sibos-goers with steep price hikes for 2010

International banking network Swift is imposing substantial price hikes on delegates and exhibitors attending its annual Sibos event in 2010, in a move it says will align the pricing "with the event's market position and value".

EU reaches deal on transfer of Swift data to US

European Union ministers have approved an interim deal to continue letting US anti-terror investigators access bank data sent over the Swift network.

Swift bids to woo investment managers with new microsite

Bank-owned payments network Swift has launched a purpose-built microsite for investment managers in a bid to get more traction with buy-side institutions.

Payments stakeholders push for XML clarity in the corporate-to-bank space

Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.

BNY Mellon and Pegasystems pilot Swift Ebam

BNY Mellon Treasury Services and Pegasystems have completed a "successful" pilot programme for Swift's new electronic bank account management scheme (Ebam).

Swift hits back at job loss claims

Financial messaging outfit Swift has dismissed reports that 300 jobs are on the line at its headquarters in La Hulpe, Belgium, as it acts to cut costs amid a decline in traffic volumes over the inter-bank network.

European Parliament wrests control of negotiations on US access to Swift data

Members of the European Parliament have claimed victory in their power struggle with the EC over negotiations on giving US authorities transaction information sent over the interbank Swift network.