27 May 2018
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Latest articles for Swift

 

Swift: A quarter of all cross-border payments now over gpi

24 May 2018  |  2482 views  |  0 Company announcement

SWIFT announces today that just 15 months after the service launched, 25% of all SWIFT cross border payment traffic is being sent over the global payments innovation (gpi). SWIFT gpi, the most transformational change in cross-border payments in 30 years, dramatically enhances the customer experience by increasing the speed, transparency and end-to-end tracking capability of payments.

 

African banks embracing Swift gpi

22 May 2018  |  3066 views  |  0 Company announcement

15 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank - and many others are preparing to go live on the service in 2018.

 

Efis turns to Swift for instant payments

22 May 2018  |  1742 views  |  0 Company announcement

SWIFT announced today that EFiS, the longest serving SWIFT Service Bureau in the EU, has selected SWIFT to provide connectivity to the Eurosystem’s TIPS and EBA Clearing’s RT1 for instant payments within the euro-area.

 

Broadridge awarded blockchain patent for proxy voting

11 May 2018  |  6936 views  |  0 News

The prospect of applying blockchain technology to the proxy voting process has become more likely after Broadridge, one of the biggest providers of investor-related services, was awarded a patent for this very purpose.

 

Swift explores Asia Pacific cross-border real-time payments

30 April 2018  |  2495 views  |  0 Company announcement

SWIFT has joined forces with a group of SWIFT gpi banks from Australia, China, Singapore and Thailand to develop a unique cross-border real-time payments service in the Asia Pacific region.

 

DBS launches real-time cross-border payment tracking for all corporate and SME clients

27 April 2018  |  9444 views  |  0 Company announcement

More than 200,000 of DBS’ corporate and SME clients will now be able to benefit from better cashflow visibility through real-time cross-border payment tracking.

 

Swift consults on ISO 20022 migration

26 April 2018  |  12325 views  |  0 News

Swift has launched what it calls a "full-scale community consultation" as it steps up efforts to push for a migration of cross-border services to the ISO 20022 standard.

 

HSBC goes live with Swift gpi

24 April 2018  |  9821 views  |  0 Company announcement

HSBC, one of the world’s largest banks, has joined SWIFT’s global payments innovation (gpi) service.

 

Innovation and risk under the spotlight in Canada

20 April 2018  |  16311 views  |  0 News

Rapid technological advancement was to the fore at the recent Swift Business Forum Canada, Toronto, where over 340 financial services professionals gathered to discuss the opportunities and threats that the financial services community faces

 

Corporates clamour for enriched data rather than faster payments

11 April 2018  |  18371 views  |  1 News

Despite industry buzz about faster payments, corporate treasuries and commercial bankers rate obtaining detailed information on transaction flows as more important than speed when it comes to electronic payments, according to research from TD Bank

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