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January 17, 2025

On the web

January 9, 2025

On the web

January 8, 2025

On the web

January 3, 2025

On the web

December 11, 2024

On the web

Swift and Google Cloud Partner

Asset Servicing Times

"Google Cloud and the Society of Worldwide Interbank Financial Telecommunication (Swift) have partnered to build an AI-powered fraud detection capability. The new tool aims to support the financial industry in tackling sophisticated financial crime and help prevent cross-border payments fraud."

December 9, 2024

On the web

December 6, 2024

On the web

November 14, 2024

On the web

10 Takeaways From Swift at Sibos 2024

Swift

"Sibos 2024 saw four days of inspiring talks and expert insights as the global financial community gathered in Beijing to unpack the latest trends shaping our industry. A common theme was 'Connecting the future of finance' – and in an era defined by change, working together to maintain a strong integrated financial ecosystem is more important than ever."

October 17, 2024

On the wires

October 16, 2024

On the web

Swift to Launch AI-Powered Fraud Defence for Cross-Border Payments

Swift

"Starting in January 2025, we’ll be rolling out an AI-powered fraud detection capability that aims to help the financial industry tackle increasingly sophisticated forms of financial crime. This enhancement builds on our existing Payment Controls Service (PCS) and follows a successful pilot with financial institutions across Europe, North America, Asia and the Middle East."

October 3, 2024

On the web

Banks Optimistic on Meeting ISO 20022 Deadline, But Challenges Remain

The Banker

"Banks across the globe are facing significant challenges in the adoption of Swift’s ISO 20022 standard. The new transaction format requires an overhaul of many major banks’ legacy systems.  Swift has given banks the deadline of November 2025 to ensure that all payments messages between banks, both for sending and receiving, are based on ISO 20022."

Live Trials of Digital Asset Transactions on Swift to Start in 2025

Swift

"Starting in 2025, global financial institutions will have the ability to use Swift’s global platform to conduct pilot transactions for the settlement of digital assets and currencies. These trials will demonstrate how financial institutions can transact interchangeably across both existing and emerging asset and currency types using their current Swift connection."

September 12, 2024

On the web

September 9, 2024

On the web

June 19, 2024

On the web

June 7, 2024

Top Post

May 30, 2024

On the wires

May 21, 2024

On the wires

March 26, 2024

On the wires

March 25, 2024

On the wires

Swift Sets Industry Up for Seamless Introduction of CBDCs for Cross-Border Transactions as Interlinking Solution Finds More Use Cases

Business Wire

"Swift announced the findings of the second phase of industry-wide sandbox testing on its central bank digital currency (CBDC) interlinking solution, with the results showing that its connector can enable financial institutions to carry out a wide range of financial transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices."

February 13, 2024

On the web

January 2, 2024

On the web

November 30, 2023

On the web

September 25, 2023

On the web

Sibos TV: Swift & Visa's Collaboration to Streamline International B2B Payments [Video]

YouTube

"Swift and Visa have announced a partnership to streamline international business-to-business payments, providing financial institutions and their customers with more choice when sending money across borders, while improving the end-to-end speed and transparency of their transactions. Chris Newkirk, Global Head of New Flows, Commercial and Money Movement Solutions at Visa and Thierry Chilosi, Chief Strategy Officer at Swift join Sibos TV shed a light on the collaboration and how it will benefit the industry."

September 19, 2023

On the web

September 18, 2023

On the wires

September 13, 2023

On the wires

August 30, 2023

On the web

SWIFT: Small Payments. Big Opportunity

SWIFT

"Research: To help better understand the booming demand for low-value cross-border payments, we asked consumers and SMEs in eight key markets what they value most when sending money abroad. Those markets were Australia, China, Germany, India, Saudi Arabia, South Africa, the UK and the US."

August 22, 2023

On the wires

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