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)

gpi Makes SWIFT Cross-Border Gains
gpi Makes SWIFT Cross-Border Gains
December 20, 2018  |  B2B Payments

SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing for faster payments,...

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SWIFT gpi Used For More Than Half Of Cross-Border Traffic
SWIFT gpi Used For More Than Half Of Cross-Border Traffic
December 18, 2018  |  Faster Payments

SWIFT said Tuesday (December 18) that its SWIFT gpi payment service is being used for more than half of SWIFT’s cross-border traffic. In a press release,...

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Cross-Border Payments Need More Than Bank-FinTech Collaboration
Cross-Border Payments Need More Than Bank-FinTech Collaboration
December 14, 2018  |  B2B Payments

When PYMNTS asked cross-border payments experts at the end of last year what they thought the driving trend would be for the industry in 2018,...

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Peru Taps Vocalink In Payments System Overhaul
Peru Taps Vocalink In Payments System Overhaul
December 13, 2018  |  B2B Payments

Real-time payments is a goal in Peru, as the automated clearing house there links with Vocalink. Retailers want real-time transactions, too, and SWIFT continues to broaden...

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SWIFT CEO To Step Down In June
SWIFT CEO To Step Down In June
December 12, 2018  |  Personnel

SWIFT announced Wednesday (Dec. 12) that the company’s Chief Executive Officer Gottfried Leibbrandt has informed the board that he plans to leave the company at...

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SWIFT Pilot Focused On Reducing Payment Message Errors
SWIFT Pilot Focused On Reducing Payment Message Errors
December 06, 2018  |  Payment Methods

SWIFT has announced the launch of a pilot program for an integrated gpi payments service designed to enable the fast identification and elimination of errors...

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SatchelPay Adds Multi-Currency SWIFT Payments Via ONPEX
SatchelPay Adds Multi-Currency SWIFT Payments Via ONPEX
December 04, 2018  |  B2B Payments

Lithuania payments company SatchelPay is adding multi-currency cross-border payments functionality through a new partnership with multi-currency IBAN account provider ONPEX (the Online Payment Exchange). The...

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SWIFT Goes Live With Connectivity To TIPS
SWIFT Goes Live With Connectivity To TIPS
November 30, 2018  |  Digital Payments

SWIFT, a payment messaging firm based in Belgium, began implementing its SWIFTNet Instant service for the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service on Friday...

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High Revenues, Low Margins An Opportunity In X-Border Corporate Payments
High Revenues, Low Margins An Opportunity In X-Border Corporate Payments
November 27, 2018  |  B2B Payments

Consumers may secure the majority of payments innovation efforts, but when it comes to cross-border payments, the opportunity undoubtedly lies in corporate transactions. In a...

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