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

Why B2B Payments Innovation Is Key To China’s Global Standing

Why B2B Payments Innovation Is Key To China’s Global Standing
Why B2B Payments Innovation Is Key To China’s Global Standing
February 08, 2018  |  B2B Payments

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. Get...

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The Collaborators – And Rivals – Of Blockchain
The Collaborators – And Rivals – Of Blockchain
January 17, 2018  |  B2B Payments

With the blockchain industry expected to exceed a $7.6 billion valuation by 2022, it’s no wonder companies large and small, old and new are scrambling...

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Hackers Targeted Russian Bank Globex’s SWIFT System
Hackers Targeted Russian Bank Globex’s SWIFT System
December 22, 2017  |  Security & Fraud

Russian bank Globex revealed that hackers attempted to steal 55 million rubles ($940,000) using the SWIFT international payments messaging system, in the latest attempted cyber...

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PSD2 And The US, Too
PSD2 And The US, Too
December 22, 2017  |  Bank Regulation

More innovation. Less smoke and mirrors. Those are the goals of Europe’s second Payment Services Directive (PSD2), which goes into effect in 2018. Get the...

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NY Fed Ponders Legal Action Over $81M Bangladeshi Heist
NY Fed Ponders Legal Action Over $81M Bangladeshi Heist
December 08, 2017  |  Security & Fraud

In what may be a legal salvo over a monumental bank heist perpetrated by cyber thieves, the central bank of Bangladesh has asked the New...

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SWIFT Warns Banks That Hackers Are Raising The Level Of Their Game
SWIFT Warns Banks That Hackers Are Raising The Level Of Their Game
November 29, 2017  |  Security & Fraud

SWIFT is warning banks that cybercriminals are getting more sophisticated and that the risk of digital heist is on the upswing.  The Brussels-based inter-bank messaging...

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B2B Payments, SWIFT And In The Cloud
B2B Payments, SWIFT And In The Cloud
November 08, 2017  |  B2B Payments

B2B transactions are complex, especially across borders.  Technology can help salve the pain points of information flow needed across an increasingly regulated landscape.  Speed and...

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Latest Victim Of The SWIFT Attacks? A Nepalese Bank
Latest Victim Of The SWIFT Attacks? A Nepalese Bank
November 08, 2017  |  Security & Fraud

Another bank has been hit in the string of cyberattacks that have been targeting the global SWIFT bank messaging system. The latest victim is a...

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Building A Faster, Safer Network On The Blockchain
Building A Faster, Safer Network On The Blockchain
November 08, 2017  |  API

It seems time to bring B2B collaboration into the fast lane, with help from the blockchain, says Hyperledger’s Executive Director Brian Behlendorf. In the latest...

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