SwiftNet Registration Authority (RA)
A Swift-registered body that identifies and authenticates an institution and the initial users of the SwiftNet Public Key Infrastructure (for example, an institution's security officer).
Swift extends Sanctions Screening to support all financial transaction formats
Hosted service provides simple, cost-effective compliance with sanctions regulations.
Singapore overtakes London as top RMB offshore clearing centre after Hong Kong
Brussels, 28 April 2014 - Swift data shows that Singapore's RMB payments value increased by 375% between March 2013 and March 2014, making Singapore number one in terms of RMB world payments value, excluding China and Hong Kong. Singapore's weight represents 6.8% of the overall RMB payments value, second behind Hong Kong, which still leads with 72.4%. London overtook Singapore in June 2012, but, since February 2014, it has slipped behind Singapore despite a good growth rate of 203% year-over…
3SKey enables reduction of costs in security solutions by up to 40%
Brussels, 22 October 2012 – Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries, today released an information paper that takes a closer look into the real costs associated with building and running a PKI solution. The paper focuses on the findings of a cost study conducted by SEALWeb, an independent consultancy firm specialised in PKI implementations. It exposes the hidden costs for financial institutions to build and maintain a…
Regulation, automation and financial crime compliance are top priorities for the investment management community
New paper from Swift highlights operational challenges impacting the buy-side in 2015.
Four things to do before the 2018 Swift Standards release
The 2018 Swift Standards release is only a month away; with this year’s update allowing customers to access a host of new innovations in cross-border payments. Here are four things you should do ahead of the release.
Southeast Bank and Uttara Bank Adopts Swift’s Sanctions Screening Service
Swift's Sanctions Screening Service continues to gain momentum in Bangladesh.
Regulatory Oversight Committee Endorses CICI Utility Developed by Swift and DTCC as a Globally Accepted Pre-LOU
Brussels - 9 October 2013 - Swift announced today that the CICI Utility, the interim global legal entity identifier (LEI) solution developed in collaboration with the Depository Trust & Clearing Corporation (DTCC), has been endorsed by the Regulatory Oversight Committee (ROC) as a pre-Local Operating Unit (LOU).
Major trade banks and ecosystem players highlight key enablers for trade digitisation
In our latest paper, we discuss how trade has been impacted by the pandemic, drawing on data and the voice of our community to identify what’s needed to successfully facilitate digitisation in this area.
Thailand’s ETDA and Swift collaborate for financial sector development
Singapore, 3 October 2013 – Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today signed a Memorandum of Understanding (“MoU”) with Electronic Transactions Development Agency (“ETDA”) of Thailand to promote the adoption and use of ISO 20022 among the financial industry in Thailand and ASEAN.
Swift selected by Payments Council to host national data platform for SEPA IBAN Only
London, 10 February 2015 – Swift announces that it has been selected by the UK’s Payments Council as the vendor for the country’s Single Euro Payments Area (SEPA) International Bank Account Number (IBAN) Only central infrastructure platform.