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

Free Up Operational Time With Simpler Payment Processes
Free Up Operational Time With Simpler Payment Processes
September 19, 2017  |  B2B Payments

Time is money in business. Waste one, you waste the other. The adage holds true in payments, especially, and manual processes are to blame. Jon...

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SWIFT Is Bringing Instant Payments To The US
SWIFT Is Bringing Instant Payments To The US
August 15, 2017  |  Faster Payments

U.S. institutions will soon be seeing their real-time payments options expanding with the announcement that SWIFT will provide a gateway to The Clearing House’s real-time payments...

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SWIFT Has 22 Global Banks Join Its Blockchain Proof Of Concept Initiative
SWIFT Has 22 Global Banks Join Its Blockchain Proof Of Concept Initiative
July 25, 2017  |  Blockchain

SWIFT has announced news that 22 global banks recently joined its blockchain proof of concept (PoC) initiative, which is part of the company’s global payments...

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Swiss Corporates Urge Global Banks To Join SWIFT Gpi
Swiss Corporates Urge Global Banks To Join SWIFT Gpi
July 20, 2017  |  B2B Payments

A group of six multinational corporations in Switzerland is urging banks around the world to join SWIFT’s gpi initiative, news reports said Wednesday (July 19). ABB,...

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SWIFT KYC Registry Goes Global
SWIFT KYC Registry Goes Global
July 18, 2017  |  B2B Payments

SWIFT is opening up its KYC registry to more banks around the globe. The payments messaging company said Monday (July 17) that its KYC Registry...

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SWIFT Adds 22 Banks To Its Blockchain Proof Of Concept
SWIFT Adds 22 Banks To Its Blockchain Proof Of Concept
July 07, 2017  |  Payment Methods

Secure financial messaging services provider SWIFT announced Thursday that 22 additional global banks had joined its blockchain proof of concept (PoC). The PoC is designed...

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Today In Data: True Digital Security May Not Happen Because Of Cyber Crime
Today In Data: True Digital Security May Not Happen Because Of Cyber Crime
June 12, 2017  |  Today In Data

Digital security may just be a pipe dream that society will always be chasing. With each new digitally infused product or service that opens up to...

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$81 Million Bangladesh Cyber Heist Cuts Into SWIFT’s Earnings
$81 Million Bangladesh Cyber Heist Cuts Into SWIFT’s Earnings
June 12, 2017  |  Security & Fraud

Whenever there’s a breach in security, it’s never good news. This especially holds true when there’s any level of financial loss in the mix. Back in...

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SWIFT Lets Treasurers Track Global Transactions In Real-Time
SWIFT Lets Treasurers Track Global Transactions In Real-Time
May 24, 2017  |  B2B Payments

With lack of visibility into the correspondent banking system a top challenge for B2B payments, SWIFT is rolling out a way for payers to track...

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