ISO 20022: The Payments Data Revolution
Building on the transparency and speed of Swift GPI, the next big improvement in cross-border payments will result from better quality payments data enabled by the adoption of the ISO 20022 standard. Swift has recently announced a new strategy with an enhanced approach for ISO 20022 adoption.
Features
Are you ready for upcoming ISO 20022 migrations and the next mandatory annual MT standards release?
What is Customer Due Diligence (CDD)?
In the world of Financial Crime Compliance (FCC), customer due diligence (CDD) is an important and complex field.
Swift’s cross-border payments processing speed surpasses G20 target
89% of cross-border payments are processed over Swift within an hour, placing its transaction speed ahead of the G20’s end-to-end target of 75% by 2027
Fast in-flight processing and greater transparency reflects strong focus on helping industry meet G20 targets with strategy focused on instant, frictionless end-to-end payments
Latest data also highlights that the majority of international payments are direct or involve only one intermediary, and reveals issues industry must tackle to…
Transform end-to-end transactions, with Swift Essentials
Got questions about SwiftRef? Our experts are here to help!
Unlocking the power of AI
Artificial intelligence can dramatically improve the speed of transactions and the accuracy of anomaly detection. To help realise the full potential of this technology, we’re building a state-of-the-art AI platform and innovating with our community.
Swift Hackathon 2021: The results are in!
After much thought and deliberation, the judges have made up their minds. Read why Deutsche Bank and J. P. Morgan have been crowned the winners of the Swift Hackathon 2021.
Swift Hackathon 2021: Be part of a big idea and deliver on the promise of AI
This year’s Hackathon challenges teams to come up with innovative solutions to help financial institutions leverage the potential of machine learning and artificial intelligence.
Swift GPI: The future of cross-border payments
One year on from Sibos in Singapore and the progress of the global payments innovation (gpi) initiative can now be measured in a series of concrete steps