Building on the success of a number of global trials, Swift GPI Instant has gained its first live link in the UK, with customers of Lloyds Banking Group now able to remit instant cross-border payments through Lloyds via the UK Faster Payments system. 

New collaboration will help financial institutions provide more choice to their customers for cross-border payments.

New Swift-sponsored research finds continued uncertainty and ‘wait and see’ attitude around the impact of T2S on settlement, asset servicing and securities payments.

Kuala Lumpur, 12 March 2014 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, has been chosen by Malaysian Electronic Clearing Corporation (MyClear), a wholly-owned subsidiary of Bank Negara Malaysia (Central Bank of Malaysia), as an access channel to connect to the new RENTAS system.

Streamlines access to financial messaging service while ensuring resiliency and security Public cloud has potential to unlock significant benefits while lowering costs

Global banks prepare for gpi go-live in early 2017

Since going live in March, Swift’s initiative to support domestic financial messaging in India is bearing fruit, says Swift India CEO, Kiran Shetty.

Brussels, 18 March 2013 - The European Fund and Asset Management Association (EFAMA) today published in cooperation with Swift, a new report on the evolution of automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland in 2012. This report confirms that the automation rate and the use of the ISO standards in the fund industry continued to increase in 2012.

The most promising fintech companies in Asia have now been selected to compete in the Startup Challenge Finale at Sibos in Singapore.

The most promising fintech companies in Europe have now been selected to compete in the Startup Challenge Finale at Sibos in Singapore.