Bringing together payments industry experts to define market practice
Payments Market Practice Group
Swift’s ISO 20022 harmonisation project moves forward
Financial market infrastructures move to the next stage of harmonisation, while key payments and securities market practice groups support the initiative
Universal Confirmations: Completing the Last Leg of the Payments Journey
Swift and Aite Group report explores the benefits of mandatory confirmation of payment receipt for the payment community.
Swift opens its KYC Registry to corporates
- Global registry now open to Swift’s corporate customers
- Go-live follows testing period with 18 corporate groups supported by 16 global banks
Industry agrees to global guidelines for intraday liquidity reporting
Payments Market Practice Group endorses the use of Swift messages for compliance with new intraday liquidity reporting requirements.
A community approach to promoting trust, transparency, and efficiency in KYC processes
Swift’s KYC Registry is now fully aligned with the latest Wolfsberg Group due diligence questionnaires, giving banks everything they need to manage their correspondent relationships in one place.
Aite - Sibos 2012: An Asian Lens on Global Developments
Swift’s five-year plan is to increase its on-the-ground presence in the Asian region by 53%, focusing on the main financial market hubs in Hong Kong, Singapore, China, and India.
Swift trials instant cross-border gpi payments through TIPS
A group of banks join with Swift to test real-time gpi cross-border payments in Europe through the Eurosystem’s TARGET Instant Payments Settlement (TIPS)