Brussels, 24 July 2013 - In June, the CNY gained two places in the ranking of world payments currencies to move one step closer to the top 10. According to Swift, CNY is now ranked #11 as payments currency in June 2013, with an all-time high market share of 0.87%, overtaking the Thai Bhat (THB) and the Norwegian Krone (NOK). RMB is currently at the same level in value as the Hong Kong Dollar (HKD) was in February 2013.

High Value Payments Systems (HVPS) are at the heart of the financial eco-system. They need to offer efficient clearing and settlement services for large value and high priority payments, and must ensure they are resilient enough to withstand a variety of threats to their security and integrity. Swift supports more than 80 HVPS providing common standards, and a highly secure and resilient messaging service.

Swift CEO reveals Customer Security Programme at industry conference

• PoC successfully delivers business functionalities • DLT instance meets governance, security and data privacy requirements • ISO 20022 data model and UETR pivotal to improving Nostro processes • DLT a strategic priority for Swift

No impact on Swift network, core messaging services or software

Swift and Suade Labs team up to explore how to give regulators better and faster insights on market liquidity – all while reducing the reporting burden on financial institutions

Marian Owczarzy, VP Utilities Lead, KYC Industry Utilities, Alwin Bathija, Global Head of Corporates Onboarding and their teams are responsible for the implementation of global KYC processes at HSBC. For a multi-jurisdictional bank, this is no small feat. We sat down with Owczarzy and Bathija to find out how HSBC tackles this complex task using Swift’s data solutions.

In collaboration with edoxOnline and CargoX, we’re innovating to accelerate digital trade by connecting electronic Bills of Lading (eBL) platforms and improving interoperability.

Cooperative piloted first phase of new capability, called Swift Securities View, with leading financial institutions as part of push towards ‘zero-touch’ processing Leverages the power of a Unique Transaction Identifier to make the complex flow of a securities trade as simple as tracking a package

ISO 20022 is an open global standard for financial information. It provides consistent, rich and structured data that can be used for every kind of financial business transaction. Understand the benefits of the standard, how it differs from MT, and learn more about market practices and better processes.