Swift - News, Articles & Research

Company announcement/people

Swift appoints Max Mamondez as CFO

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

01 November 2022

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

News/crypto

Swift completes tokenised asset experiments

A Swift-led pilot has successfully implemented a common framework linking tokenisation systems between CSD’s and global custodians

04 October 2022

News/markets

Swift builds proof-of-concept for blockchain interoperability

Interbank co-operative Swift is working on a pilot project with Chainlink to provide network interoperability across multiple blockchain platforms.

30 September 2022

Company announcement/payments

UniCredit first in Italy to launch the new Swift - Beneficiary Account Pre-validation service

UniCredit continues to innovate in international payments, announcing as the first in Italy the launch of "SWIFT Account Pre-validation" service, which allows enterprises to verify in real time both the existence of a specific beneficiary's account and its operational status.

20 September 2022

News/markets

Swift runs blockchain pilot for corporate actions data

Interbank co-operative Swift is working with Symbiont and seven securities players to trial a blockchain-based corporate actions system.

14 September 2022