Five payment trends for growth based on current condition
In recent years, businesses adapted to the evolving business environment and shifting economic conditions, believing it was temporary. After three years, we recognize these changes are just the beginning of a new fast-paced, rapidly-changing era. J.P. Morgan’s Forecasting Payments webinar has analyzed recent trends and identified five overarching themes to keep top-of-mind to navigate success in 2023 and beyond.
Swift selected as a Network Service Provider to all TARGET services
Swift is to provide connectivity to all Eurosystem market infrastructures (also known as TARGET services) via the new European Single Market Infrastructure Gateway (ESMIG), supporting the free flow of cash, securities and collateral across Europe.
Swift commits to improving gender balance across the financial sector
Swift signs Women in Finance Charter – a pledge to work together to build a gender-balanced industry
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.
Business Identifier Code (BIC)
BIC (Business Identifier Code) is an international standard for routing business transactions and identifying business parties.
Crypto assets: moving from theory to practice
A new whitepaper published by the International Securities Services Association (ISSA), provides a practical analysis of how to settle, safekeep and service crypto assets issued on Distributed Ledger Technology (DLT).
Swift joins forces with other major EU infrastructures to fight cyber threat
Protecting European citizens and financial institutions from cybercriminals
More Financial Institutions can now offer services to Corporates over Swift
Following Board approval in December 2015, the Annual General Meeting of shareholders (AGM) in June approved the resolution for extending SCORE eligibility of Financial Institutions. Now, any Swift User in the user category “Supervised Financial Institution” can join SCORE and offer messaging services to their corporate customers over Swift.