TechStock²
"SWIFT just announced the biggest overhaul to its retail payments infrastructure in years. It’s a new framework called “Global Payments for Consumer Payments” that brings together over 50 banks across over 25 corridors, with the first wave going live by mid-2026. The framework covers five of the world’s ten largest remittance markets, and it promises near-instant settlement, predictable fees, and full transparency on every transaction.The framework promises upfront fee certainty, full-value delivery with no deductions along the way, near-instant settlement where local infrastructure allows, and end-to-end traceability on every transaction."
Yahoo Finance
"SWIFT is building blockchain-based cross-border payment infrastructure with more than 40 global banks targeting a live scheme by mid-2026, and the plumbing it is laying quietly positions XRP crypto as an optional liquidity rail inside that network. The mechanism is not a partnership announcement or a headline integration, it runs through Thunes, a payments company now embedded in SWIFT’s network, whose connections reach Ripple’s payment products and, by extension, XRP’s on-demand liquidity functions."
Swift
"As the global payments community continues its transition to ISO 20022, the new global standard for cross-border payments, a new milestone is on the horizon. A key component of the transition will be the removal of unstructured postal addresses, planned for November 2026 as part of the SR 2026 standards release. The removal of unstructured addresses will improve data quality in cross-border payments. Structured address data allows for greater straight-through processing, more effective compliance screening and enhanced transparency across the payments chain."
Swift
"Last year, we announced plans to transform the cross-border payment experience with the launch of a new scheme, designed to ensure consistently fast, predictable and transparent payments worldwide. Thanks to progress in 2026, consumers and small businesses receiving payments across a range of countries, including five of the world’s ten largest remittance markets, will be among the first to benefit from a pioneering new framework for cross-border retail transactions."
Banking Exchange
"BNY has partnered with global financial messaging network SWIFT to develop a blockchain-based ledger designed to enhance cross-border payments and support the settlement of tokenized assets. Rather than replacing existing systems, the initiative will focus on building an interoperable layer designed to complement SWIFT’s established global messaging network."
Swift
"In 2025, the global financial community counted on Swift more than ever. We saw double-digit traffic growth and a new record of over 68 million messages exchanged in a single day. Read on to discover some of the highlights."
Yahoo Finance-Business Wire
"Ant International, HSBC and Swift have completed a successful Proof of Concept (POC) for the cross-border transfer of tokenised deposits using ISO 20022 standards. The initiative leverages Swift’s global messaging network and HSBC’s recently launched Tokenised Deposit Service, combined with Ant International’s blockchain technology."
Swift
"The theme of this year’s event was ‘The next frontiers of global finance’. More than 500 expert speakers joined us to discuss topics like the interoperability of digital assets, T+1 settlement and the use of AI in combatting payments fraud. Read on to discover eight key takeaways from this year’s event."
Swift
"Thousands of institutions are already reaping the benefits of migrating to ISO 20022. But some upcoming ISO 20022 deadlines require careful planning, including the move from unstructured to structured postal data. Here’s how we're helping financial institutions make this transition as smoothly as possible. By November 2026, banks must stop using unstructured postal addresses in certain ISO 20022 payment messages to avoid message rejection, fundamentally changing how address data is captured, stored and transmitted."
Swift
"The 2025 CBPR+ deadline is only one month away. The November deadline means that financial institutions must ensure they have adopted the ISO 20022 global payment standard. Otherwise, they may need to do last-minute preparations to avoid any adverse impact on their organisation and customers."
Swift
"Swift announced that it will add a blockchain-based shared ledger to its technology infrastructure, a pivotal step for global finance that promises to make instant, always-on cross-border transactions possible at unprecedented scale. Swift already has kicked off work with a group of more than 30 financial institutions globally to design and build the ledger, focused on a first use case of real-time 24/7 cross-border payments and starting with a conceptual prototype by Consensys. Swift will work at pace to complete the prototype in phase one and define its future phases of work."
Swift
"At Swift, the priority is to make cross-border payments as fast and seamless as domestic ones. With the latest major initiative, they are launching a new scheme to guarantee a consistently fast, predictable, and transparent experience for retail customers worldwide. Together with a coalition of over 30 early-adopter banks, rules will set a new standard for consumers and small businesses sending money internationally."
Business Wire
"Groundbreaking experiments led by Swift have demonstrated the potential impact AI and secure cross-border data collaboration could have on reducing fraud levels in international payments. Working with 13 global financial institutions, the experiments used privacy-enhancing technologies (PETs) to enable institutions to securely share fraud insights across borders. In one use case, the PETs enabled participants to verify intelligence on suspicious accounts in real-time. In a separate use case, participants used a combination of PETs and federated learning – an AI model that ‘visits’ each institution to train on its data locally to identify anomalous transactions. "
Swift
"Are you prepared for the end of coexistence inNovember 2025? After 22 November 2025, the coexistence period between MT & ISO 20022 ends, and all cross-border payment instructions sent by financial institutions must be exchanged in the ISO 20022 messaging standard."
Swift
"As the financial sector rapidly approaches the November 2025 CBPR+ deadline, adopting the ISO 20022 global payment standard has never been more essential. With the industry moving forward, now is the time to act."
Swift
"The industry has a lot to gain from transforming the way it processes exceptions and investigations. Through in-depth research with our community, we’ve quantified this huge opportunity and demonstrated how our enhanced Case Management solution can help achieve it."
Swift
"With the November 2025 deadline for payments instructions fast approaching, Barclays shares insights from their ISO 20022 migration journey, adopting the ISO 20022 Rulebook for Payment Initiation Relay, and highlight the importance of collaboration."
American Banker
"One way or another, all international Swift payments will follow the ISO 20022 standard by the Nov. 22 deadline, according to the financial messaging provider. "We will no longer deliver payment instructions in anything but ISO 20022 after the deadline," Stephen Lindsay, head of market infrastructures and standards for Swift, told American Banker. Swift supervises the ISO 20022 standard for international payments." [Subscription Required]
Swift
"Corporates worldwide face a range of challenges in managing payments. Gaining visibility into the status of their cross-border transactions can be difficult, as can achieving transparency on FX rates and associated charges...By making our new FINplus service available to the corporate community, we’re introducing a payment instruction standard for corporates enabling them to reap the benefits of ISO 20022, such as improved reconciliation, better forecasting of payment flows, and improved working capital management."
Swift
Adopting the new global standard for payments is more important than ever. As the financial industry moves closer to the CBPR+ November 2025 deadline, see what’s new.
Swift
"A new report from Economist Impact, supported by Swift, highlights the growing cost of financial fragmentation on countries, economies, businesses, and people’s lives."
Swift
"The MT/ISO 20022 cross-border co-existence period is coming to an end. Diamond Trust Bank shared how adopting the global ISO 20022 messaging standard can help financial institutions unlock strategic benefits."
"This year, we worked closely with our community to shape the next phase of our strategy, which at its core, aims to ensure we maintain the highest standards for operational excellence and enable financial institutions to provide a best-in-class cross-border transaction service to their customers."
Swift
Swift is supporting the industry-wide digitisation journey with a number of initiatives to enhance API standardisation, scale the use of digital trade documents, and ultimately enable the interoperability of trade transactions globally.
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."
Tech Edition
"Ant International has partnered with Swift’s Network Interoperability Reference Implementation program, marking a significant step towards enhancing cross-border treasury management solutions."
Swift
"Early adopters highlight key benefits of richer data as community enters final year of the MT/ISO 20022 cross-border coexistence period for payments instructions."
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."
Business Wire
"Swift published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour."
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."