SWIFT is integrating blockchain-based shared ledgers into its core infrastructure to connect fragmented digital asset ...

SWIFT also has tested connections with several blockchain networks to explore cross-border transfers, CBDC payments, and ...

Can SWIFT GPI act as a saviour to correspondent banking which is facing extinction due to disruptive Blockchain payments- RippleNet? Both systems have its pros and ...

New Swift scheme will require full predictability on price and speed for retail transactions – with no hidden fees, full value transfers and instant settlement where domestic infrastructure and ...

Swift has set out plans to help financial institutions streamline the cross-border payment experience for their corporate customers by “extending ISO 20022 across the entire payment chain and giving ...

BRUSSELS--(BUSINESS WIRE)--Swift today announced strong progress toward goals set by the G20 for enhancing cross-border payments, reporting that 89% of transactions processed on its network reach ...

In a move it says will cut friction in cross-border payments, Swift is launching a real-time validation service for banks to check and confirm payee details related to the payment beneficiary prior to ...

After two years of helping banks connect globally to domestic faster payments rails, Swift is planning to expand on that concept. The Brussels-based organization will spend the next two years ...

Global interbank messaging giant SWIFT has revealed it will allow blockchain firms to make use of its Global Payments Innovation (GPI) platform for near real-time payments. In a report published late ...

BRUSSELS--(BUSINESS WIRE)--SWIFT today announced the go-live of a service that will enable banks to verify payee account details before an international payment is sent, removing a key point of ...

Over 30 banks have committed to kickstarting the framework and will work with Swift to evolve the interbank model to ensure a best-in-class experience Initiative marks Swift’s latest strategic step to ...