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SWIFT Inks MoU with Fox-IT, Combating Cyber Security Challenges

Amidst a rise of cyber security threats in the industry, SWIFT has teamed up with Fox-IT.

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SWIFT Tests Blockchain for Real Time Nostro Database Reconciliation

SWIFT will deploy the open-source Hyperledger technology in its blockchain development.

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RMB Usage Tanks in 2016, Falling to Sixth Most Utilized Currency by Payments

RMB usage dove nearly -30.0% YoY in 2016, with a slowing Chinese economy driving this trend.

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Pelican Unveils AI-Powered Fraud Prevention Tool to Monitor Security Breaches

The PelicanSecure Fraud Prevention solution is powered by AI technology that learns to detect fraud in systems.

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SWIFT Implementing a Daily Report Tracking Service to Strengthen Security

SWIFT's latest initiative will see the deployment of an anti-fraud utility to help police its network of users.

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SWIFT gpi Secures Leading Banks for Cross-Border Payments Project

Phase one of SWIFT gpi has seen many leading transaction banks go live with the service across 60 countries.

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RMB Usage Holding Steady in January, Unable to See Growth – SWIFT Data Shows

The RMB could not overtake the CAD in terms of usage, falling by nearly 3% on a month-over-month basis in January.

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SWIFT Bans North Korean Banks from Accessing Financial Network

Three North Korean banks have been banned from SWIFT's network on the heels of a UN investigation.

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North Korean Connection? Fed Explores Link to $81 Million Heist, SWIFT Breach

US authorities are investigating a potential link to last year's $81 million heist with North Korean hackers.

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Ripple Poaches Marjan Delatinne from SWIFT to Spearhead its European Sales

Marjan Delatinne joins Ripple from SWIFT after helping launch its recent GPI program.

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SWIFT Rolls Out New Customer Protection Utility, Fortifying Cyberdefenses

The new utility will help fortify existing fraud controls for SWIFT customers.

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Spy Game? SWIFT Denies NSA Keeping Tabs on Middle Eastern Banks

SWIFT and EastNets shot down rumors that the NSA hacked their systems to spy on Middle Eastern Banks.

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SWIFT Deploys Update for Reference Data Suite

The upgrade will help provide a single and unique source for the reference data and financial information

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SWIFT Launches Cybersecurity Portal Amidst Increasing Industry Threats

The world is an increasingly perilous place with cyber threats growing in complexity and frequency.

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SWIFT Launches International Cross-Border Payments Tracker

The cross-border tracker is available via an open API as well, compatible with proprietary banking systems worldwide.

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SWIFT Endorses FX Global Code, Outlines Impact for Clients

The newly introduced FX Global Code has been well received by SWIFT, which supports the new measures.

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SWIFT Expands FX Performance Tool, Market Data to Broader Client Base

SWIFT's new efforts will help offer the wider financial community new access to FX data.

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SWIFT Extends Multi-lateral Testing of Blockchain Application

Twenty-two additional global banks join SWIFT's blockchain for nostro accounts reconciliation proof of concept.

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In Terms of Financial Transfers, SWIFT Remains the Only Game in Town

A technological arms race is unfolding across the payments and transfer industry.

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SWIFT Launches Domestic Instant Payment Solution in US

The company will provide institutions within the US with access to The Clearing House’s real-time payments platform.

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