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Swift announces expansion plans to support vibrant business growth in sub-Saharan Africa

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Following steady growth across the continent, Swift will open offices in West and East Africa to ensure closer collaboration with its customers and the Swift community.

Why Payment Controls won Best Solution in Payments Fraud Prevention at the Regulation Asia awards

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For the second year at the Regulation Asia awards, Payment Controls has been awarded Best Solution in Payments Fraud Prevention. Find out why.

The KYC Registry continues to foster trust across our community

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New capabilities underline the critical role the KYC Registry plays within the Swift community. 

Swift and Fox-IT reconfirm cyber cooperation during Belgian state visit to the Netherlands

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Memorandum of understanding cements cyber security cooperation

FX market changes and the potential impact on correspondent banking

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In a session held at last year’s Sibos, a wide-ranging discussion focused on the FX Global Code and its implications for technology, the buy-side and correspondent banking.

Italian financial community gathers to discuss challenges and opportunities for banks in the new payments landscape

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On 27 March 2018, 110 participants representatives from Italian banks, corporates, Banca d’Italia,  EBA Clearing and Swift gathered in Milan to discuss how Swift GPI and instant payments are transforming the customer experience and what opportunities these developments will offer to the financial industry. 

Japanese payment market infrastructure supports Swift GPI tracking of cross-border payments

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Swift and the Japanese Bankers Association (JBA) have announced a new Foreign Exchange Yen Clearing System (FXYCS) mapping recommendation

ISO 20022 in bytes: Better data, better payments

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Correspondent banking is undergoing a data revolution. In coming years the community will make significant investment in improving the quality and richness of data in domestic and cross-border payments. Together we will reduce manual interventions and costs, improve automation and speed of settlement, better mitigate risks of financial crime compliance, and support our clients with faster reconciliation and business solutions. Welcome to our first edition of “ISO 20022 in bytes”, a new…

Swift tests show blockchain has potential for global liquidity optimisation

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New paper highlights initial findings from proof of concept to improve real-time Nostro reconciliation, part of Swift’s gpi initiative

Canadian companies remain loyal to the Canadian dollar

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Swift’s latest RMB Tracker shows that Canadian corporations have been slow to start using RMB for cross-border payments
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