Remove B2B Remove Payment Initiation Remove SWIFT
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Payments regulation roadmap: Q3 2025​

The Payments Association

Willem Wellinghoff Chief compliance officer and UK chair, Ecommpay “The incoming FCA CASS/Safeguarding rules will require significant preparation from payment firms, with stricter audit obligations and a tighter compliance framework. Firms should act swiftly to meet the new standards. This transition presents both risk and opportunity.

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Western Union links to Swift GPI, adds B2B currency options

Payments Source

The payments division of Western Union has integrated with the Swift Global Payment Initiative for faster transfers, and has added international currency options.

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SWIFT To Create New Cross-Border Real-Time Rails

PYMNTS

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. Over the next two years, the Belgium-based cooperative said the initiative will provide transaction management services. SWIFT said the planned platform will leverage its reach across more than 11,000 institutions in 200 countries.

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SWIFT Delays X-Border Payments Migration To ISO 20022

PYMNTS

Cross-border payments via Swift’s ISO 20022 migration, originally set to roll out by November 2021, have now been set back a year and are expected to come by the end of 2022 instead, according to reports. ISO 20022 is set to make changes to the payment landscape as a whole, according to the company.

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Ascendant Joins Up With SWIFT Network For Cross-Border Benefits

PYMNTS

AscendantFX Capital , which works in technology-based payment innovations, has joined the SWIFT Network for the benefits it offers, including better transparency and faster payments, the company announced in a Wednesday (Aug. SWIFT gpi’s technology is revolutionary for the payments industry and gives power back to the customer.”

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

These underlying markets sometimes dictate the speed by which a cross-border payment can travel to an end beneficiary.”. For faster payments, technological innovation is introducing newer capabilities, but as Halpin emphasized, it will ultimately be up to the payments community of end users whether that technology is used.

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SWIFT Stands Behind Its Global Payments Innovation Initiative

PYMNTS

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 February, resulting in $81 million stolen from the bank’s account at the New York Federal Reserve.

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