Building on the transparency and speed of Swift GPI, the next big improvement in cross-border payments will result from better quality payments data enabled by the adoption of the ISO 20022 standard. Swift has recently announced a new strategy with an enhanced approach for ISO 20022 adoption.

89% of cross-border payments are processed over Swift within an hour, placing its transaction speed ahead of the G20’s end-to-end target of 75% by 2027 Fast in-flight processing and greater transparency reflects strong focus on helping industry meet G20 targets with strategy focused on instant, frictionless end-to-end payments Latest data also highlights that the majority of international payments are direct or involve only one intermediary, and reveals issues industry must tackle to…

Artificial intelligence can dramatically improve the speed of transactions and the accuracy of anomaly detection. To help realise the full potential of this technology, we’re building a state-of-the-art AI platform and innovating with our community.

After much thought and deliberation, the judges have made up their minds. Read why Deutsche Bank and J. P. Morgan have been crowned the winners of the Swift Hackathon 2021.

This year’s Hackathon challenges teams to come up with innovative solutions to help financial institutions leverage the potential of machine learning and artificial intelligence.

One year on from Sibos in Singapore and the progress of the global payments innovation (gpi) initiative can now be measured in a series of concrete steps

FinTech associations and network providers from more than 20 countries join Innotribe and Innovate Finance to form the Global FinTech Hubs Federation

The 117-strong audience engaged in lively discussions about Swift’s current and future strategy to meet customer needs with innovative solutions.

In 2016, 46 corporates in Asia Pacific adopted Swift to communicate with their banking partners around the globe

With its global reach, Swift GPI is regarded by banks as the natural place to collaborate and innovate cross-border payments