Board appoints new CEO

- Attackers adjust Modus Operandi and fraudulent payment profiles - Increased vigilance enables early fraud detection - Swift’s information sharing initiative continues to deliver results

To reduce the costs of post-trade, the FX industry will either have to replace or evolve legacy technology. To do this, there needs to be a common strategy. At a recent Swift webinar moderated by Dominic Hobson, industry experts debated how the foreign exchange industry should respond to pressures to increase efficiency and reduce costs. This is the first article in a two part series detailing the ideas shared at the webinar.

Brussels, 9 September 2014 - Swift announces that its Sanctions Screening service has surpassed the 200-customer milestone just two years after its introduction as the first solution in Swift's financial crime compliance services portfolio. Sanctions Screening is a shared service that screens financial transactions against selected lists, providing small and medium-sized institutions with a reliable, cost-effective means of testing their compliance with sanctions regulations.

Awards underscore the industry's recognition and support for Swift's Know Your Customer Registry, which helps institutions address KYC compliance challenges.

Transform your payments process and reinforce security by upgrading to Release 7.2 or its equivalent

Corporate social responsibility is an ongoing effort at Swift and will remain important at Sibos 2018. Here are a few simple ways you can make a difference at this year’s conference.

Memorandum of understanding cements cyber security cooperation

Hong Kong banks will be able to use Swift to connect to the upcoming Faster Payment System

Episode 3 gives some insights into the evolving sophistication of the attacks from the joint report on the evolving cyber threat to the banking industry