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How Swift is moving the global financial industry towards instant and frictionless payments

The Payments Association

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. The UKs payments landscape is at an inflexion point. The result is an improved customer experience.

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ACI Worldwide Extends Fintech Partnership Ecosystem to Fight APP Fraud in Europe and the UK

Fintech Finance

ACI processes account-to-account payments for hundreds of PSPs in Europe and the UK with market-leading instant payments solutions. VOP service is a pan-European regulatory requirement as part of the new European Instant Payment Regulation, which all PSPs must adhere to by October 2025.

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Currency Risk Management Firm Argentex Partners with French Paytech Numeral

Finovate

This optimizes payment execution efficiency across multiple banking partners for Swift, SEPA, and UK Faster Payments. Second, Argentex will leverage advanced reconciliation capabilities to ensure accurate financial record-keeping and operational accuracy of both cross-border payments and associated FX trades.

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Growth : In regions such as Southeast Asia and Latin America, bank transfer payments have grown by 20% annually due to increasing banking access. Faster Payments (U.K.), Popular Examples : Interac e-Transfer (Canada) , Zelle (U.S.), PayID (Australia), and UPI (India). handled $1.6

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Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

Modern Treasury , essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Instant payments, powered by the first new payment rails in the U.S.

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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. 16) that its cross-border platform will be retooled to enable financial institutions to deliver instant transactions. SWIFT said the planned platform will leverage its reach across more than 11,000 institutions in 200 countries.

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SWIFT gpi Instant Goes Live In The UK

PYMNTS

Belgium-headquartered payments solution provider SWIFT is introducing a new service for real-time cross-border payments and transfers called gpi Instant. He added that SWIFT’s gpi Instant targets four main issues: “speed, security, transparency and compliance.” Global payments routed to the U.K.

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