Local Registration Application (LRA)
The application that the security officer uses to register an organisation's users and manage an organisation's certificate.
Japan’s Payments Systems: Digitisation, Globalisation & Innovation
New paper analyses the payments and settlements landscapes in Japan, compared with global trends, and gives insight into the ongoing development and renewal journey of Japan’s Payment Systems.
ISO 20022 in bytes: Adoption and how to prepare
Over 14 high value payment systems have confirmed dates to adopt ISO 20022 in the next 4 years. With cross-border payments starting coexistence with ISO 20022 and Swift MT in November 2022 payments are converging on a consistent and rich data standard. Better quality data in payments will significantly improve customer experience, with faster processing, fewer manual interventions and costs, better remittance information and improved compliance.
This is the second edition of “ISO 20022 in…
ISO 20022 in bytes: The voice of the Singapore community, getting ready for testing and more
ISO 20022 in bytes provides resources and tools to help you prepare for ISO 20022 adoption so you can benefit from high quality payments powered by high quality data.
Standard MT Release 2018 - Mandatory changes in category 1 and category 2
MT Standards Release 2018 is bigger and has more impact than most MT standards releases
Leading the way towards universal payments confirmations
By the end of 2020, all financial institutions will be required to provide confirmation that a payment has reached the beneficiary account. Thierry Chilosi, Swift GPI Go-to-Market Lead, explains why and how Swift is supporting this transition.
Banks must change their business model
BCG and Swift’s white paper formulates strategic choices banks face as new forces in international payments drive profound transformation
Global corporates urge banks to use Swift GPI
Six global Swiss companies say Swift GPI addresses their pain points around speed, transparency, and tracking of cross-border payments
Swift and EBA CLEARING start development phase of EURO1 migration to ISO 20022
The collaboration builds on a 20-year partnership and advances a broader future positioning programme that began last year
Banks support Swift adoption of ISO 20022 payments standard
Saqib Sheikh, Global Head of the ISO 20022 programme at Swift, discusses the myriad ways that ISO 20022 benefits banks and customers.
Industry automation rates for cross-border fund orders remain stable at nearly 91%
New report from EFAMA and Swift highlights the evolution of automation and standardisation rates of fund orders during the first half of 2019