right security officer (RSO)
A role that carries joint responsibility with a left security officer for the configuration and the management of the security functions within Alliance.
Why adopting ISO 20022 is good for you and your clients
Cross-border payments are entering an exciting new era with the global introduction of the data-rich ISO 20022 standard. To find out what outcomes banks and customers can look forward to, Swift's Stephen Lindsay spoke to Isabel Schmidt, Co-Head of Payment Products, from BNY Mellon at Sibos.
ISO 20022 in bytes: Better data, better payments
Correspondent banking is undergoing a data revolution. In coming years the community will make significant investment in improving the quality and richness of data in domestic and cross-border payments. Together we will reduce manual interventions and costs, improve automation and speed of settlement, better mitigate risks of financial crime compliance, and support our clients with faster reconciliation and business solutions.
Welcome to our first edition of “ISO 20022 in bytes”, a new…
Streamlining the KYC process for corporates
As the global requirements for customer due diligence become increasingly complex, there has never been a better time for innovative KYC solutions that offer new efficiencies. In December 2019, Swift opened the KYC registry to Swift’s corporate customers to dramatically reduce the KYC burden for corporates. Since then, both corporates and banks have been benefiting from a more streamlined process for KYC information collection.
Swift explores Asia Pacific cross-border real-time payments
Swift and Banks in Asia Pacific join forces to develop a unique cross-border real-time payments service in the Asia Pacific region
Cross-border payments reinvented
In his new article, Wim Raymaekers, Head of Banking Market at Swift, sets out how in 2019 we’re continuing to pave the way towards frictionless cross-border payments
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.
Learning a new language for the next generation of payments
When it comes to ISO 20022, time is of the essence
Rare earths – a powerful attraction
China has dominated the production of rare earth metals – the vital inputs in the clean energy transition as well as military equipment. But this could be all set to change as Western economies seek greater control and to reduce their dependence.
The drivers of change in cross-border payments
What are the key issues shaping cross-border payments today and how is the industry responding?