Discover all the Company news on SWIFT and other articles related to SWIFT in The Paypers News, Reports, and insights on the payments and fintech industry:
Discover all the Company news on SWIFT and other articles related to SWIFT in The Paypers News, Reports, and
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Exceptions and investigations are time-consuming and expensive. But by transforming these processes, the financial industry could save more than USD 600 million a year. To find out the true value of this opportunity, we conducted in-depth research with over 30 financial institutions.
exceptions, G20, financial institutions, ISO 20022, compliance
Swift has launched its Case Management solution for managing payment investigations that helps to identify and resolve issues when international payments are delayed.
payments , cross-border payments, product launch, payments orchestration, transactions
The European Payments Council (EPC) has officially selected Swift to develop and operate the EPC Directory Service (EDS) following a comprehensive Request for Proposal (RFP) process conducted in the second and third quarters of 2024.
Instant Payments Regulation, Verification of Payee, partnership, Request to Pay, SEPA Payment Account Access Scheme
Google Cloud and Swift have teamed up to develop a secure, privacy-preserving solution aimed at helping financial institutions combat fraud.
partnership, fraud detection, financial institutions, data, banks
Global digital payment and financial technology provider Ant International has entered Swift’s Network Interoperability Reference Implementation programme to advance cross-border payments.
PSP, cross-border payments, online payments, merchants, e-wallet
Swift, UBS Asset Management, and Chainlink have recently completed a pilot programme focused on settling tokenised fund subscriptions over Swift.
cryptocurrency, digital assets, financial institutions, tokenization, blockchain
Nium has announced its partnership with Swift in order to enable global financial institutions to benefit from simplified and secure cross-border payments.
partnership, payments , cross-border payments, cross-border ecommerce, ecommerce
Swift has announced its plans to introduce a new AI-enabled fraud detection to support the global payments sector in mitigating fraudulent activities.
product launch, fraud management, fraud detection, online fraud, fraud prevention, financial institutions
Lakeside Bank has announced its partnership with Volante Technologies in order to add secure and efficient real-time payments and optimise SWIFT processing.
partnership, real-time payments, payments , ecommerce
Scotland-based insuretech AutoRek has announced that it joined the Swift Partner Programme to optimise the consolidation and reconciliation of financial data.
financial data, data protection, financial services, insurtech, partnership
Central and commercial banks have revealed that they will be able to use the Swift network for trial transactions related to digital currencies and assets.
banking, fintech, partnership, banks, financial institutions
Swift has partnered with global tech company Wise to allow secure Swift transfers to be completed over Wise with full transparency for financial institutions and their customers.
cross-border payments, money transfer, banks, financial institutions, API
TerraPay has announced that financial institutions can transfer funds directly to mobile wallets internationally using their current Swift connections.
payments , SWIFT, financial institutions, International Payments, transactions
Small and medium-sized enterprises (SMEs) continue to face a myriad of pain points when sending money across borders. With the launch of Swift Go, this could be about to change. Steve Wojciechowicz, Senior Principal for Product Management at BNY, explores how Swift’s new service for low-value payments is helping.
Swift messages, cross-border payments, banks, online payments, mobile payments
Swift has released research findings indicating positive sentiment among SMEs in the European Union towards the EU’s Instant Payments Regulation.
research, study, instant payments, SMEs
Belgium-based telecommunications company Swift has announced two AI experiments developed in collaboration with its member banks.
fraud prevention, partnership, artificial intelligence, banks, cybersecurity
Swift has announced plans to help FIs streamline the cross-border payments process for corporate clients by expanding the use of ISO 20022.
ISO 20022, product upgrade, cross-border payments, payments
Mike Truter from SWIFT discusses how harmonised standards are essential for integrating domestic instant payment systems into a global payments ecosystem, ensuring faster, cheaper, and transparent cross-border transactions.
cross-border payments, instant payments, ISO 20022
Veritran has announced its partnership with Swift in order to optimise the user experience and increase the overall transparency in cross-border payments.
partnership, banking, online banking, mobile banking, digital banking, fina, financial institutions, cross-border payments, cross-border ecommerce
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced that it was selected to develop a confirmation of payee service for Australian Payments Plus.
product launch, online payments, fraud prevention, financial services, fraud management