Learning a new language for the next generation of payments
When it comes to ISO 20022, time is of the essence
Future-proofing the financial ecosystem
We’ve made great strides towards our vision for an instant and frictionless future. To ensure the financial ecosystem continues to thrive, we’ve laid out our strategy for 2024 and beyond. Thierry Chilosi, Chief Business Officer at Swift, unpacks what it means for the Swift community and the benefits it will bring for the global economy.
Overcoming the innovation challenge through collaboration
With changing customer expectations, increased competition and ever-evolving technology, innovation is essential. But it must be balanced alongside many other priorities. Here’s why collaboration is needed to solve the challenges the financial industry faces.
Real-time payments closer to a reality in Australia
The New Payments Platform is a landmark payments industry initiative in Australia. It heralds a new dawn for fast, flexible and data-rich domestic payments.
Five central securities depositories go live in T2S Wave 4 using Swift
CSDs in Austria, Germany, Luxembourg, Slovakia and Slovenia successfully migrate to T2S using Swift’s Value Added Network solution
Fraud targeting banks’ customers
Find out how Payment Controls enables you to leverage account insights from the entire Swift community to fight fraud.
Harnessing AI in the fight against payments fraud
We’re launching two pilots to test the practical application of AI to enhance fraud detection in payments – all in collaboration with our global community.
Swift connects instant payment systems to bring round-the-clock processing across borders
Go-live of EPC scheme enables 24/7 instant payments across currency zones
Swift provides end-to-end traceability
Interlinking market infrastructures is key to achieving G20’s goals for cross-border payments
Payment operational issues
From business practices to process management, operational issues represent one of the largest sources of financial loss and operational costs in the financial industry.
Beyond borders: Progressing towards the G20 targets for enhancing cross-border payments
Fragmentation is a major obstacle to optimising payment flows across the globe. Addressing it head on is essential to meet the G20’s targets for enhancing cross-border payments, explains Harry Newman, Head of Banking and Payments Strategy, Swift.