13 Sep 23 @ 16:34

Swift has entered a new phase of its breakthrough work on Central Bank Digital Currency (CBDC) interoperability, announcing that three central banks are beta testing its solution for interlinking CBDCs.... read more

31 Aug 23 @ 11:33

Swift has released results from a new series of experiments that show its infrastructure can seamlessly facilitate the transfer of tokenised value across multiple public and private blockchains. The findings... read more

21 Jun 23 @ 17:36

Just days after hackers claimed to have targeted the inner workings of the European Investment Bank (EIB) – claims that have now been verified – hacking gangs Killnet, Anonymous Sudan and REvil... read more

13 Mar 23 @ 13:17

Swift says it will continue to progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear potential and value”... read more

30 Oct 22 @ 14:24

Swift says it has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+). Since August, all required... read more

05 Oct 22 @ 16:54

SWIFT says that it has demonstrated that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth... read more

02 Mar 22 @ 16:58

The European Union has announced it will exclude seven Russian banks from the Swift messaging system but stopped short of including those handling energy payments. However, there are those questioning... read more

28 Feb 22 @ 09:52

For all of those of us, myself included, who thought that the sanctions laid out by ally governments around the world on Russia were not strong enough, I think we... read more

25 Feb 22 @ 16:21

A raft of economic sanctions have been heaped on Russian banks and oligarchs as the West promises to make Vladimir Putin pay dearly for invading Ukraine. But even with Russian... read more

10 Dec 21 @ 09:00

SWIFT announced the availability of its new In-flow Translation service and confirms that it now offers a full ISO 20022 customer testing environment for cross-border payments. In-flow Translation will enable... read more

12 Oct 21 @ 13:58

Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payments as part of a proof of concept demonstrating the feasibility of synchronising settlement... read more

08 Feb 21 @ 17:33

SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... read more

01 Oct 20 @ 09:06

SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... read more

17 Sep 20 @ 08:05

In response to the growing number of Real-Time Payments initiatives taking place globally, SWIFT has announces that over the next two years and beyond it will fundamentally transform payments and... read more

21 May 19 @ 08:25

SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... read more

01 May 19 @ 11:02

Visa recently signed a deal enabling FIS’ clients to have access to Visa B2B Connect. The  uses blockchain to make high-value corporate payments internationally without using SWIFT. In order to... read more

12 Feb 19 @ 13:35

Back in 2016, The Bangladesh Bank suffered a massive cyber heist. Now, the bank has filed a lawsuit in New York federal court to recover the lost $81 million. The... read more

16 Oct 18 @ 15:08

SWIFT has published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks... read more

24 Aug 18 @ 11:45

SWIFT has announces that it will start testing its new instant cross-border SWIFT gpi payments service in the Asia Pacific region. The service has been designed to scale and integrate... read more

25 Jul 18 @ 15:35

SWIFT gpi, along with a number of corporates and banks, has announces plans to start testing an enhanced multi-bank standard to further improve the cross-border payments experience for multi-banked corporates.... read more