Asian banks continue to utilise Swift’s Sanctions Screening service
10 Nepalese banks join nearly 600 users of the hosted utility service for sanctions compliance
Swift launches a new Business Continuity service to support High Value Payment Systems
Brussels, 10 March 2014 - Swift launches a new business continuity solution to support global payment systems. Developed by Swift, the Market Infrastructure Resiliency Service (MIRS) is a backup service for Real Time Gross Settlement (RTGS) systems - electronic platforms used for the continuous settlement of high value and multi-currency cash payments between banks.
Faster not always better
Anyone with a mobile phone can send a text message to someone on the other side of the world instantaneously – and in most cases for free. However, when it comes to payments, interaction is slower and costly.
Swift examines application of financial business standards to distributed ledger technology and smart contracts
New paper highlights opportunity for financial industry to coordinate efforts using common messaging and data standards
Swift adds daily updates to the SwiftRef platform
Brussels, 13 May 2013 - Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries, today added daily updates to its reference data directories to further reduce industry costs associated with payments processing. As part of the SwiftRef data platform, the new service will replace monthly updates and will help financial institutions and corporates respond to market developments and the evolving regulatory landscape.
New BCBS intraday liquidity reporting tools present data challenges for the banking community
New Swift whitepaper suggests banks should act without delay to embrace a pragmatic approach to intraday liquidity management.
RMA and RMA Plus: managing correspondent connections
This Swift paper explains how you can better understand, manage and mitigate operational, compliance and fraud risks in line with industry recommendations
Banking 2015: Is digital even more of a priority than regulation?
Innotribe explores the startup trends set to have an impact on financial services.
Swift tests instant cross-border gpi payments in Asia Pacific
Together with banks from Australia, China, Singapore and Thailand Swift will test real-time cross-border payments using the New Payments Platform
Payments digitisation powers ahead
The trend towards digitisation in the payments world was supercharged in the past year as the pandemic saw customers reach for digital solutions in far greater numbers than ever before. For financial institutions in Africa, it is vital to stay on top of this demand.