Role-Based Access Control (RBAC)
An optional SwiftNet facility that enables customers to control the access of end users and applications to service functions. The service administrator defines the available user access profiles (roles) for use with RBAC. After provisioning, the security officer within an institution can grant roles to end users and applications.
Related linksSwiftNet PKI Certificate Administration Guide
Making compliance checks easier for corporates
Know Your Customer (KYC) checks can be a real source of inefficiency for corporates, especially for those with multiple banking partners. We look at how Swift’s KYC Registry has helped streamline these processes for our corporates over the last year.
New experiments pave way for international payments using CBDCs
Swift, in collaboration with Capgemini, is conducting new experiments to test how we can interlink domestic CBDCs and take the next step towards seamless cross-border payments involving digital currencies.
CICI Utility sets strong foundation and prepares for continued growth in 2013
New York, NY - January 30, 2013 - The Depository Trust & Clearing Corporation (DTCC) and Swift announced today that their global legal entity identifier (LEI) solution has progressed at a robust pace since its August, 2012 launch with more than 47,000 entities from 125 countries registered in the US Commodity Futures Trading Commission (CFTC) Interim Compliant Identifier (CICI) database.
Re-assessing the risks
Serving low-risk clients in high-risk markets is made harder by financial crime compliance obligations, but not impossible
Transaction Manager: Supporting adoption of ISO 20022 and the future of global payments
Our Transaction Manager going live marked a key milestone in the ISO 20022 adoption journey and another important step towards enabling instant and frictionless global payments.
FX market changes and the potential impact on correspondent banking
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.
ISO 20022 in bytes: Adoption and how to prepare
Over 14 high value payment systems have confirmed dates to adopt ISO 20022 in the next 4 years. With cross-border payments starting coexistence with ISO 20022 and Swift MT in November 2022 payments are converging on a consistent and rich data standard. Better quality data in payments will significantly improve customer experience, with faster processing, fewer manual interventions and costs, better remittance information and improved compliance.
This is the second edition of “ISO 20022 in…
Swift’s global payments innovation initiative will transform cross-border payments
More than 70 banks worldwide collaborate to dramatically improve the cross-border payments experience with greater speed, transparency and end-to-end tracking
5 reasons why you should adopt ISO 20022 now
ISO 20022’s rich data is at the heart of achieving the industry’s ambition for instant and frictionless payments. And it opens big benefits for firms that embrace the opportunity.
Nicolas Stuckens, Head of ISO 20022 Adoption and Data Quality at Swift, discusses the 5 key reasons you should adopt the new standard today.
The need for rich data in a shared ledger paradigm
The concept of a new, universal shared ledger for digital payments and assets is gaining interest as a way of transforming how transactions are recorded and settled. When combined with a messaging layer, a shared ledger could create a powerful proposition capable of supporting the rich, structured data exchange needed for transactions in regulated assets or money.