SWIFT has enhanced its connection to Denmark’s central securities depository (CSD) VP SECURITIES using ISO 20022 standards, reducing costs for banks by enabling them to leverage the same network and standards they use to connect with other securities market infrastructures across the globe.
SWIFT has launched a Correspondent Banking Suite that provides a single solution for banks seeking cost-effective access to SWIFT while increasing the efficiency and security of their correspondent banking activities.
Cybersecurity researchers at BAE System believe that a hacking crew operating out of North Korea were behind a recent malware and money-moving attack on Far Eastern International Bank in Taiwan.
SWIFT announced today that its global payments innovation (gpi) service is growing at a rapid rate, surpassing two million payments in September this year.
In recognition of two of the central threats facing his organisation - hackers and upstart rivals - Swift CEO Gottfried Leibbrandt used his opening remarks at this year's Sibos in Toronto to talk up his gpi and cybersecurity programmes.
SWIFT is aligning its Know Your Customer (KYC) Registry with the new Wolfsberg Due Diligence Questionnaire (DDQ) for Correspondent Banks.
Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.
A Taiwanese bank has become the latest to fall victim to hackers planting malware on its servers and sending unauthorised, doctored messages through the interbank Swift network.
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today launched the UP Real-Time Payments Solution—the only global solution that allows financial institutions to address their Real Time Gross Settlement (RTGS), SWIFT messaging and real-time payments needs with a single, universal offering.
SWIFT and EBA CLEARING today announced that users of EBA CLEARING’s instant payment system, RT1, will be able to access the platform via SWIFTNet Instant from November 2018.
© Finextra Research 2017