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

Iran Faces Long Road To New Business
Iran Faces Long Road To New Business
January 25, 2016  |  International

Iran’s banks are reconnecting to SWIFT, but banks are shying away from pushing anew into the country. Here’s what’s holding up the progress toward new...

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Big Banks Say ‘Yes’ To SWIFT’s X-Border Payments Initiative
Big Banks Say ‘Yes’ To SWIFT’s X-Border Payments Initiative
January 22, 2016  |  Mobile Commerce

SWIFT, the collective that spans more than 10,800 financial institutions, banks and corporate customers, said Thursday (Jan. 21) that 45 new banks have signed on...

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Making SWIFT Swifter
Making SWIFT Swifter
December 18, 2015  |  B2B Payments

Liquidity, transparency and compliance will be the hallmarks of SWIFT’s new drive to improve customer experience globally. Here’s how B2B stands to benefit, in 2016...

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SWIFT Launches Initiative To Save Correspondent Banking
SWIFT Launches Initiative To Save Correspondent Banking
December 11, 2015  |  International

SWIFT has announced another major move in the cross-border payments space aimed at innovating global payments in a way that enhances customer experience in correspondent banking....

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Is China’s Cross-Border Inter-Bank Payments System A Bust?
Is China’s Cross-Border Inter-Bank Payments System A Bust?
October 09, 2015  |  Controversial

China’s cross border payments system debuted this week to little fanfare. The hours are short, for one thing. Here’s what bears watching as CIPS works...

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