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

Has SWIFT Beaten Crypto to Punch on Cross-Border Payments Interoperability?
Has SWIFT Beaten Crypto to Punch on Cross-Border Payments Interoperability?
October 05, 2022  |  Cross-border Payments

In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if...

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SWIFT Shapes Global CBDC Framework Following 8-Month Study
SWIFT Shapes Global CBDC Framework Following 8-Month Study
October 05, 2022  |  CBDC

A study analyzing the international use of central bank digital currencies (CBDCs) and the underlying distributed ledger technologies (DLTs) shows promise for cross-border interoperability among...

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Today in B2B Payments: 3 Companies Roll out New Products
Today in B2B Payments: 3 Companies Roll out New Products
October 03, 2022  |  B2B Payments

Today in B2B payments, the African Export-Import Bank (Afreximbank) launches a payment service, Nipendo expands access to automated invoicing and WEX adds a digital wallet...

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SWIFT Plots Real-Time Role for Next 50 Years of Cross-Border Payments
SWIFT Plots Real-Time Role for Next 50 Years of Cross-Border Payments
October 03, 2022  |  Cross-border Payments

This article is the first in a new series dedicated to organizations that are the biggest changemakers in the cross-border payments industry, where consumers have...

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Chainlink, SWIFT Team on Blockchain Services
Chainlink, SWIFT Team on Blockchain Services
September 28, 2022  |  Blockchain

Chainlink and SWIFT have rolled out a partnership for a new service to help finance institutions operate in blockchain environments, a press release said. The...

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Today in B2B Payments: Firms Announce Partnerships
Today in B2B Payments: Firms Announce Partnerships
September 28, 2022  |  B2B Payments

Today in B2B payments, newly announced partnerships aim to provide solutions for eInvoicing, request-to-pay services, capital advance, B2B eCommerce payments and payment tech for accounts...

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New SWIFT Tool Offers Front Row View of Post-Trade Settlement Journey
New SWIFT Tool Offers Front Row View of Post-Trade Settlement Journey
September 28, 2022  |  Technology

A new capability being piloted by SWIFT tackles the lack of visibility in post-trade processing while also helping prevent settlement fails. SWIFT Securities View addresses...

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SWIFT Testing Use of Blockchain for its Corporate Communications
SWIFT Testing Use of Blockchain for its Corporate Communications
September 13, 2022  |  Blockchain

Financial messaging services provider SWIFT is running a pilot project that is testing the use of Symbiont’s enterprise blockchain platform to more efficiently communicate corporate...

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Standard Chartered Tests Duplicate Finance Detection Tool
Standard Chartered Tests Duplicate Finance Detection Tool
September 08, 2022  |  B2B Payments

Financial services company Standard Chartered has completed what it called an industry-first test of the trade financing validation service from MonetaGo over the SWIFT payments...

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