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

SWIFT Stands Behind Its Global Payments Innovation Initiative
SWIFT Stands Behind Its Global Payments Innovation Initiative
October 06, 2016  |  B2B Payments

SWIFT’s year has been filled with controversy, the apex of which occurred when reports surfaced that cyberthieves infiltrated Bangladesh Bank via the SWIFT messaging system in...

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Banks Boost Security Of SWIFT Networks
Banks Boost Security Of SWIFT Networks
September 30, 2016  |  Security & Fraud

Global banks using SWIFT networks, the global interbank messaging system used to move trillions of dollars each day, are stepping up their security systems amid...

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SWIFT Reveals Three Customer Cyberbreaches During The Summer
SWIFT Reveals Three Customer Cyberbreaches During The Summer
September 28, 2016  |  Security & Fraud

SWIFT, the interbank message carrier, revealed that customers had three new cyberbreaches over the summer and cautioned that attacks against banks in the network are...

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Understanding Corporates’ Faster Payments Strategies
Understanding Corporates’ Faster Payments Strategies
September 27, 2016  |  B2B Payments

Amid the rollout of Same Day ACH — in the midst of several other faster, digital payments initiatives and in a market where B2B payments seem...

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Winners Outweigh Losers In Payments Stocks
Winners Outweigh Losers In Payments Stocks
September 26, 2016  |  Stock Index

The PYMNTS Stock Index saw, on balance, more of a push toward positive momentum than negative. The biggest movers included Blackhawk Network Holdings, which gained...

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SWIFT Sets Sights On Smart Contracts
SWIFT Sets Sights On Smart Contracts
September 23, 2016  |  B2B Payments

SWIFT is the latest FinTech player to perk up at the thought of using distributed ledger technology for business transactions. In an announcement on Thursday (Sept....

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SWIFT’s New Plan To Stop Fraudulent Transfers Faster
SWIFT’s New Plan To Stop Fraudulent Transfers Faster
September 20, 2016  |  Retail

Daily reports to clients will soon be part of the SWIFT interbank messaging system — as the international payments network is working double time to ensure its...

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ACI Worldwide Gets 2016 SWIFT Certified Application For Payments Label
ACI Worldwide Gets 2016 SWIFT Certified Application For Payments Label
September 14, 2016  |  Payment Methods

ACI Worldwide, a provider of real-time electronic payment and banking solutions, announced on Tuesday (Sept. 13) that its global payment processing solution, ACI Money Transfer...

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BNY Mellon To Launch Payment Processing Enhancements
BNY Mellon To Launch Payment Processing Enhancements
September 09, 2016  |  Payment Methods

Two years ago, BNY Mellon began to transform its payment infrastructure with upgrades to its global payment capabilities, and more of that transformation will happen this...

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