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

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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The Cybercriminal’s Sweet Spot
The Cybercriminal’s Sweet Spot
September 01, 2016  |  Security & Fraud

Member Banks of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) seem to be in the cybercriminal’s crosshairs these days. Get the Full Story Complete...

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More Cybertheft Disclosures Coming Out Of SWIFT
More Cybertheft Disclosures Coming Out Of SWIFT
August 31, 2016  |  Security & Fraud

More troubling revelations out of global financial messaging system SWIFT today, as disclosures are surfacing that yet more hack attacks have been discovered. These attacks...

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SWIFT Sets ISO 20022 Sights On High-Value Payments
SWIFT Sets ISO 20022 Sights On High-Value Payments
August 19, 2016  |  B2B Payments

As SWIFT continues to promote the adoption of the ISO 20022 payments messaging standard across financial institutions, the company said it is zeroing in on...

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Bangladesh Central Bank Won’t Sue The NY Fed, SWIFT Over $81 Million Hack
Bangladesh Central Bank Won’t Sue The NY Fed, SWIFT Over $81 Million Hack
August 17, 2016  |  Security & Fraud

It looks like after all the Sturm und Drang, Bangladesh’s central bank will not take action against the Federal Reserve Bank of New York and SWIFT...

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Why Canada Is Blockchain’s Biggest Hot Spot
Why Canada Is Blockchain’s Biggest Hot Spot
August 10, 2016  |  B2B Payments

Banks across the globe have invested resources into exploring blockchain technology, and that includes in Canada. But this year, the nation thrust itself into the...

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First Indian Banks Join SWIFT Payments Intiative
First Indian Banks Join SWIFT Payments Intiative
July 26, 2016  |  Payment Methods

ICICI Bank and Axis Bank, two Indian banks, have something in common as of Monday (July 25), they are both the first Indian lenders to...

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SWIFT Seeks Outside Guidance On Improving Cybersecurity
SWIFT Seeks Outside Guidance On Improving Cybersecurity
July 11, 2016  |  Security & Fraud

Cybersecurity firm BAE System and Fox-It are working with SWIFT to shore up the interbank messaging system that has recently become the target of hackers worldwide....

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