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

ECB Official Challenges FinTech Firms On Payment Services Inroads
ECB Official Challenges FinTech Firms On Payment Services Inroads
September 13, 2018  |  Global Payments

Might Europe strive more and more for financial independence in the payments services space? News came last week that Yves Mersch, who serves as a...

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SWIFT Announces Pre-Validation Service For SWIFT gpi Payments
SWIFT Announces Pre-Validation Service For SWIFT gpi Payments
September 11, 2018  |  Banking

SWIFT is gearing up to roll out a pre-validation service that will enable customers to pinpoint and resolve errors that delay payment messages before they...

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IBM, SWIFT Make News In Cross-Border Initiatives
IBM, SWIFT Make News In Cross-Border Initiatives
September 06, 2018  |  B2B Payments

Beyond cryptocurrencies, blockchain is making wakes as a conduit for transactions. China may be in the news amid crackdowns on trading. And there are a...

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RBI Questions Bank Chiefs On SWIFT ‘Gaps’
RBI Questions Bank Chiefs On SWIFT ‘Gaps’
September 06, 2018  |  B2B Payments

The Reserve Bank of India (RBI) has reportedly sent letters to several heads of top banks in the country questioning why they have yet to...

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IBM, SWIFT Cap X-Border Payments Initiatives       
IBM, SWIFT Cap X-Border Payments Initiatives       
September 06, 2018  |  B2B Payments

Blockchain and beyond, cross border payments held the focus of IBM, and others this past week.  SWIFT grabbed some headlines too -- and not simply...

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Five At Five: Walmart Gets ‘Handy’ With Online Retail
Five At Five: Walmart Gets ‘Handy’ With Online Retail
August 30, 2018  |  News

Welcome to the Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes Walmart’s newest online initiative, the latest...

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