VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. What is SWIFT CSP, and why it was introduced?

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

The Payments Association

JANUARY 15, 2025

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. This is an example of how the scale of the Swift network can be leveraged to interoperate market infrastructures to enhance the user experience. The result is an improved customer experience.

SWIFT 88

SWIFT ISO 20022 Cross-Border Cross-Border Payments 88

Fintech Finance

JANUARY 29, 2025

Eastnets , a global leader in compliance and payments solutions, has launched its Managed SWIFT Service on AWS Cloud. Managing SWIFT connectivity internally often requires significant resources, infrastructure investments, and dedicated expertise.

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SWIFT ISO 20022 Payment APIs and Integration Disaster Recovery 59

Finextra

OCTOBER 3, 2024

Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network.

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SWIFT Transactions 145

Fintech News

SEPTEMBER 11, 2024

Swift, the global financial messaging network, is actively working to incorporate regulated digital assets and currencies onto its platform. Building on a series of successful experiments, Swift is advancing efforts to create practical solutions that will enable its members to transact seamlessly with digital assets.

SWIFT 145

SWIFT Multi-Currency CBDC Interoperability 145

VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. What is SWIFT CSP, and why it was introduced?

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Fintech News

OCTOBER 20, 2024

Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure. By utilising Swift MT and ISO 20022 messaging formats, Nium enables seamless connectivity for banks, facilitating quicker settlements and enhanced transparency.

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Cross-Border Payments Cross-Border SWIFT ISO 20022 137

Fintech Finance

APRIL 17, 2025

Swift today announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to identify and resolve issues when international payments are delayed. Financial institutions spend more than USD 1.6

Cross-Border Payments 52

Cross-Border Payments Cross-Border SWIFT ISO 20022 52

Fintech Finance

MARCH 26, 2025

licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, today announced its successful launch of its SWIFT code: ITTLPRS2XXX. The post FV Bank Announces Launch of SWIFT Services to Enhance Global Payment Capabilities appeared first on FF News | Fintech Finance.

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SWIFT Global Payments Cross-Border Cross-Border Payments 64

Fintech News

JUNE 2, 2024

Swift, the global financial messaging cooperative, has announced two AI-driven experiments in collaboration with member banks to combat cross-border payments fraud which could potentially save the industry billions in fraud-related costs. That’s an incredibly exciting prospect, but one that will require strong collaboration.

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Cross-Border Payments Cross-Border SWIFT AI 132

Fintech News

AUGUST 8, 2024

In the dynamic financial landscape of the Asia-Pacific (APAC) region, private banks, asset managers, fund managers, and other capital market participants are increasingly recognising the pivotal role of Swift connectivity. March 2023 marked the start of the migration with a coexistence period with MT messages.

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ISO 20022 APACS SWIFT ISOs 126

Finextra

MAY 21, 2024

Swift is working with 25 leading cash management banks and 20 corporates to develop a white labelled transaction tracking service for ISO 20022 messages across the entire payment chain.

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ISO 20022 ISOs SWIFT API 145

Fintech News

OCTOBER 16, 2024

Swift, the global financial messaging network, is launching a new AI-powered service to help banks fight financial crime. This new capability builds on Swift ‘s existing Payment Controls Service and was developed in collaboration with banks around the world.

Fraud Detection 108

Fraud Detection SWIFT AI Financial Crimes 108

Fintech Review

APRIL 7, 2025

Castries, Saint Lucia, April 7th, 2025, FinanceWire PrimeXBT , a regulated multi-asset broker, has integrated Neteller, a globally recognized e-wallet provider, and SWIFT, a leading wire transfer network, to provide secure and flexible payment options to traders worldwide.

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SWIFT Wire Transfer Wires Wire 52

Finextra

MARCH 25, 2024

Swift says a new round of sandbox testing has found that its central bank digital currency interlinking technology can enable financial institutions to carry out a wide range of transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.

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SWIFT CBDC Digital Currency Central Bank 132

Finextra

APRIL 17, 2025

Swift has launched a case management service for investigating payment defaults that it claims could save its member banks millions of dollars in operational costs and significantly reduce the time it takes to identify and resolve issues when international payments are delayed.

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SWIFT International Payments Payments 126

Fintech News

DECEMBER 11, 2023

Swift has announced the launch of its first-ever “The Innovation Challenges” that invites participants to create AI-based solutions aimed at improving the efficiency and security of cross-border transactions. They will be granted access to the Swift Challenge sandbox environment.

Cross-Border 127

Cross-Border SWIFT AI Innovation 127

VISTA InfoSec

MAY 15, 2025

SWIFT, the global backbone for secure financial messaging, plays a critical role in enabling fast and reliable cross-border transactions. But as cyber threats grow more advanced, financial institutions must implement robust SWIFT security controls to safeguard their systems and prevent fraud. SWIFT Environment Protection 1.2

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SWIFT Security Best Practices PCI DSS 100

Finextra

JUNE 18, 2024

Bank-to-bank payment messaging network Swift is working to facilitate interoperability of Verifcation of Payee schemes across Europe as new research shows that 83% of SMEs across France, Germany, Italy and Spain rank upfront beneficiary checks as important to them in trading across borders.

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SWIFT Payee Interoperability Payment Message 132

Finextra

DECEMBER 11, 2024

Bank-to-bank Payment network Swift is working with Google Cloud to develop multi-jurisdictional anti-fraud technologies that use advanced AI and federated learning

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SWIFT Payment Networks AI Technology 121

Fintech News

OCTOBER 6, 2024

Swift, the global financial messaging network, will launch live trials of digital asset and currency transactions in 2025. Banks in North America, Europe, and Asia will participate, using Swift ’s platform to conduct transactions involving both digital assets and traditional currencies.

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SWIFT Transactions Settlement Use Case 112

Fintech News

JULY 23, 2024

billion mobile wallets worldwide using their existing Swift connectivity. Payments initiated over Swift will reach TerraPay’s system efficiently and transparently from account to wallet, utilising Swift’s transaction tracking capabilities. Swift connects more than 11,500 financial institutions in over 200 countries.

SWIFT 108

SWIFT Cross-Border Cross-Border Payments Payments 108

Fintech Finance

OCTOBER 16, 2024

Trovata , the pioneering force in corporate bank APIs, announces a new collaboration with Swift , the world’s leading provider of secure financial messaging services, which will extend the benefits of Swift’s tracking capabilities to more businesses through API connectivity.

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SWIFT ISO 20022 Cross-Border Payments API 98

Fintech News

MAY 21, 2024

Swift has announced a major upgrade aimed at improving the cross-border payment experience for corporate customers. By standardising payments end-to-end with ISO 20022, Swift enables financial institutions to capture detailed data from the outset. Swift’s efforts align with the G20’s objectives for cross-border payments.

ISO 20022 111

ISO 20022 Cross-Border Payments Cross-Border ISOs 111

Fintech Finance

NOVEMBER 13, 2024

The funding and final return of funds will happen through a Citi full-value transfer solution, powered by Swift Go and using Citi’s proprietary SwiftGo converter. Swift Go is Swift’s fast, secure and predictable low-value payments solution that offers end-to-end visibility on payment status, as well as transparency on fees and FX costs.

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Payment Solutions Online and Mobile Banking SWIFT Payments 97

Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour. Swift is committed to continuing to support these efforts.”

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Cross-Border Payments Cross-Border SWIFT ISO 20022 98

Fintech Finance

OCTOBER 14, 2024

The collaboration progresses a strategic relationship the two organisations announced in October 2022, and reflects a commitment by Swift, GSS and the GSS Advisory Board, comprising 35 of the world’s leading financial institutions, to reduce inefficiency in the global payments ecosystem.

Cross-Border Payments 97

Cross-Border Payments Cross-Border SWIFT Innovation 97

Fintech Finance

OCTOBER 16, 2024

Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. Available from January 2025, the service is the result of extensive collaboration with banks from around the world and a successful pilot earlier this year.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT AI 98

Fintech Finance

OCTOBER 21, 2024

Thunes , the Smart Superhighway to move money around the world, today announced its proprietary Direct Global Network now provides banks with access to over 3 billion mobile wallets around the world via their existing Swift connectivity.

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SWIFT Cross-Border Payments Cross-Border Instant Payments 97

Fintech News

JUNE 4, 2024

Founded in 2021 by former Swift executives, iPiD offers advanced payee verification and identification solutions aimed at enhancing global payment security. ” The post Former Swift Execs’ Fintech iPiD Raises US$5.3M in Pre-Series A appeared first on Fintech Singapore.

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SWIFT Payee FinTech Verification 112

The Fintech Times

JUNE 1, 2024

Swift , the global financial messaging service, is set to launch two pilots of its own which will test the practical application of AI to enhance fraud detection in payments. ” The post How are Financial Firms Like Visa, Swift, Pay.UK That’s an incredibly exciting prospect, but one that will require strong collaboration.

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SWIFT AI Fraud Detection Fraud Prevention 124

Payments Dive

OCTOBER 10, 2022

The Clearing House, Swift and rivals are jostling to speed up cross-border payments, with collaboration and competition likely to emerge at an international conference this week.

Cross-Border Payments 218

Cross-Border Payments Cross-Border SWIFT Payments 218

Fintech News

OCTOBER 28, 2024

The project’s system architecture integrates both new digital asset frameworks and traditional financial networks, such as SWIFT, allowing it to function within various financial infrastructures. These examples highlight Mandala’s ability to support transparency and regulatory oversight without compromising transaction speed.

Cross-Border 127

Cross-Border Compliance Automation Cross-Border Payments 127

Payments Dive

FEBRUARY 15, 2023

The Clearing House and other payments players, including Swift, are readying for the March rollout of a international payments standard.

ISOs 205

ISOs SWIFT International Payments Payments 205

Finextra

APRIL 22, 2025

Stablecoin platform Circle is working with Standard Chartered, Deutsche Bank, Socit Gnrale and Santander to build a cross-border payment network to rival Swift.

SWIFT 84

SWIFT Stablecoins Cross-Border Payments Cross-Border 84

VISTA InfoSec

MARCH 25, 2025

Enhanced Compliance Support: Assisting clients in meeting regulatory obligations and boosting their security posture through focused penetration testing aligned with international standards and frameworks such as SWIFT CSP, PCI DSS, and GDPR. SWIFT CSP Assessor Accreditation : Supporting secure financial operations globally.

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Cybersecurity Accreditation PCI DSS Assessments 130

Fintech News

OCTOBER 28, 2024

Adding to Nium’s global payments network, the launch complements recent developments that enable financial institutions to connect using existing Swift capabilities and infrastructure. Alexandra Johnson “Nium Verify comes at a critical time as businesses expand internationally and need to pay multiple beneficiaries across the globe.

Cross-Border 106

Cross-Border Payment APIs and Integration Cross-Border Payments Verification 106