Local Registration Application (LRA)
The application that the security officer uses to register an organisation's users and manage an organisation's certificate.
Quick, easy, predictable: Delivering the payments experience customers expect
We’re working with 25 financial institutions and business application providers to show how Swift capabilities can benefit end customers. It’s part of our commitment to help our community meet customers’ rising expectations and support the G20’s goals for enhanced cross-border payments.
Payment Service Directive 2 (PSD2) - Strong Customer Authentication
On 23 December 2015, the European Union published the second Payment Service Directive (PSD2) in their Official Journal. If all goes according to plan, this EU Directive will be transposed into national legislation and become fully applicable by early 2018.
Swift partners with Omnicision to deliver Sanctions Testing service
BRUSSELS, 19 July 2012 - Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, announced today it will partner with Omnicision to deliver its Sanctions Testing service, an application that integrates the testing and tuning of sanctions filters to help banks operate a more effective and efficient sanctions environment.
Swift launches MyStandards
New York, 14 May 2012 – Swift announces the launch of MyStandards, an innovative web-based application designed to facilitate the management of global standards and related market practices across the financial industry. The platform will be commercially available at the end of June 2012.
Swift enhances connectivity to VPS, the Norwegian Central Securities Depository
Swift will reinforce its connectivity to Norway’s central securities depository
Swift Statement on OpenSSL
Swift can confirm that our core messaging services, our cloud connectivity services and our customer-installable Swift products are not, and never have been, exposed to the OpenSSL vulnerability (CVE-2014-0160). The same applies to all other value added services provided by Swift, such as Sanctions Screening, Accord and Euro1/Step1. Swift.com, as well as Swift internal applications, tools and data, are also fully protected from the vulnerability.
Banks and corporates use Swift for OTC derivatives reporting
At a time when financial markets participants are struggling to handle multiple new regulatory requirements, notably in the Over-The-Counter (OTC) derivatives space, many are finding that they can leverage existing Swift services and capabilities.
Swift launches MyStandards Readiness Portal
Brussels, 26 February 2014 - Swift launches a new cloud-based application that eases the client onboarding process between financial institutions and their clients. The MyStandards Readiness Portal, developed in collaboration with the industry, builds on the success of MyStandards, a collaborative platform for standards management. The Portal allows users to test their messages against specifications and prove their ability to reach certain quality and straight-through processing rates, helping…
Preparing Customers for the Swift Standards Release 2015
Every year, the annual standards release ensures that the messages exchanged by Swift users remain suitable for the business areas in which they are used. The Standards Release has a global impact on information systems across the financial services industry. The annual Standards Release deployed for FIN messages, impacts institutions at different levels, from the interface used to connect to Swift to back-office applications, to business flows and processes.