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
Swift’s cross-border payments processing speed surpasses G20 target
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…
Asian corporates joining Swift doubles in the past two years
In 2016, 46 corporates in Asia Pacific adopted Swift to communicate with their banking partners around the globe
Swift launches security tools campaign
Awareness campaign to drive greater take up of existing security tools
Achieving Financial Integration in the ASEAN Region
New paper discusses challenges to ASEAN regions financial integration efforts and recommends steps to address these
Realising the power of APIs in financial services
Harnessing the full potential of APIs could have tangible benefits for your institution, including delivering better customer experiences, rapidly developing new products and services and facilitating valuable industry collaborations. Read on to find out how you can benefit from connecting to Swift’s API channel.
Swift introduces mandatory customer security requirements and an associated assurance framework
Standards and framework will be applicable to all Swift customers
Swift launches enhanced gpi service for corporates
New service enables multi-banked corporates to initiate and track payments across all their banking partners
Top 10 takeaways from Inside Innovation
The rapid acceleration in the digitisation of financial services over the past year has thrust innovation into focus for the financial industry. At Swift's recent Inside Innovation event, thought leaders from around the world highlighted the challenges that this presents firms with, and ways they can look to innovate for a successful future.