Payment Service Directive 2 (PSD2) - Strong Customer Authentication
On 23 December 2015, the European Union published the second Payment Service Directive (PSD2) in their Official Journal. If all goes according to plan, this EU Directive will be transposed into national legislation and become fully applicable by early 2018.
Canadian Data Privacy Commission concludes Swift upheld privacy law
Canadian DPC Report issued
Swift instructed to disconnect sanctioned Iranian banks following EU Council decision
Brussels, 15 March 2012 – Following an EU Council decision, Swift is today announcing it has been instructed to discontinue its communications services to Iranian financial institutions that are subject to European sanctions.
EMEA: Still evolving, still growing
The EMEA region sits at the heart of Swift's business, containing many of Swift's biggest markets. But even if EMEA holds some of Swift's most mature markets, it still has huge scope for growth and development, whether through finding solutions to industry challenges or in expanding into new and growing markets.
Swift GPI reduces cross-border payment times to minutes, even seconds
Swift announces today that more than 100 billion USD in Swift GPI messages are being sent every day, enabling payments to be credited to end beneficiaries within minutes - many within seconds.
Swift launches gpi Observer Analytics tool
Solution gives users insights into their cross-border messaging flows, helping banks to optimise their gpi payment routes
Egypt’s recent economic reforms top the agenda at the Swift Business Forum Egypt
Latest Swift traffic data released at the event shows that growth in Egypt outperformed growth of Swift globally in 2016