Swift will give free access to its new KYC Registry throughout 2015 to banks that contribute their own data to the service.
Bitcoin values may be languishing at the $400 mark, but financial services interest in the crypto-currency shows no signs of abating, with two of the biggest shows in the banking calendar - Sibos and Money20/20 - devoting significant airtime to the technology.
Open source payments outfit Ripple Labs has snared deals with two US banks who plans to use its real-time settlement protocol for cross-border money transfers.
Swift has given a strongly worded response to a European Parliament resolution calling on the EU to consider expelling Russia from the financial messaging network.
The Euro Banking Association and Finextra are preparing for a record turn-out at EBAday 2014, Europe's pre-eminent annual payments event, with over 800 bankers and treasury professionals from across Europe expected to attend the two-day conference and exhibition.
Five fintech start-ups have booked their place at the Swift Innotribe Start-up Challenge in Boston later this year after battling their way through the European semi-final in London.