SWIFT

The Society for Worldwide Interbank Financial Telecommunication, legally S.W.I.F.T. SCRL, provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.

Source: en.wikipedia.org

SWIFT Rolls Out Payment Investigation, Resolution Service
SWIFT Rolls Out Payment Investigation, Resolution Service
May 02, 2019  |  Faster Payments

SWIFT is expanding its network-wide payments validation toolkit, announcing Thursday (May 2) a new “in-flight” cloud-based payment investigation and resolution service. In a press release,...

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Citigroup Ramps Up Payments Tech With New Tools
Citigroup Ramps Up Payments Tech With New Tools
April 26, 2019  |  Payments Innovation

Citigroup’s Global Head of Payments and Receivables Manish Kohli is relying on technology to increase its payment business. “Our strategy has to be very simple,”...

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SWIFT Selects Javier Pérez-Tasso As New CEO
SWIFT Selects Javier Pérez-Tasso As New CEO
April 24, 2019  |  Personnel

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a payment messaging firm, has chosen Javier Pérez-Tasso as its new chief executive officer, according to a...

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Ripple’s Cross-Border Offerings Gain Asia Adoption
Ripple’s Cross-Border Offerings Gain Asia Adoption
April 18, 2019  |  B2B Payments

The competition for cross-border payments continues apace, with both SWIFT and Ripple making progress — the former in Asia, the latter in Africa. Stripe makes...

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SWIFT On Cybercrime’s Evolution Post-Bangladesh Bank Heist
SWIFT On Cybercrime’s Evolution Post-Bangladesh Bank Heist
April 11, 2019  |  Security & Fraud

Three years after fraudsters made off with $101 million from a Bangladesh bank, cyber threats have evolved, according to a new report by SWIFT.  The...

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Cybercrooks’ Latest Trick: Steal Less Money
Cybercrooks’ Latest Trick: Steal Less Money
April 10, 2019  |  Security & Fraud

A report by Bloomberg said that after one of the biggest cyber heists in history involving the theft of $100 million from the Bangladeshi central...

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SWIFT Set To Shutter Data Matching Tool TSU
SWIFT Set To Shutter Data Matching Tool TSU
April 09, 2019  |  B2B Payments

Payments messaging company SWIFT is gearing up to close its Trade Services Utility (TSU), a workflow engine aimed at facilitating value-added supply chain services. Reports...

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ACI Worldwide Exec Warns APIs, ISO 20022 ‘Completely Incompatible’
ACI Worldwide Exec Warns APIs, ISO 20022 ‘Completely Incompatible’
April 05, 2019  |  B2B Payments

Payments messaging firm SWIFT announced Thursday (April 4) the establishment of an ISO 20022 working group to promote adoption of the payments messaging standard. But...

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SWIFT, Ripple Support EU Blockchain Group Launch
SWIFT, Ripple Support EU Blockchain Group Launch
April 05, 2019  |  Blockchain

A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International Association of Trusted...

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