Swift

Swift is a global member-owned cooperative and the world’s leading provider of secure financial messaging services.

See below for the Latest Swift News, Analysis, Profit Results, Share Price Information, and Commentary.

SWIFT payment framework targets clearer fees and faster tracing

SWIFT payment framework targets clearer fees and faster tracing

More than 50 banks back changes that rely on existing systems.

Exclusive

SWIFT rolls out new framework for retail payments

A group of 25 banks will go live with it by the end of June.

News

Five takeaways from day 1 of the Singapore Fintech Festival

Tokenisation emerges as a key driver of future digital money systems.

In Focus

Swift developing new retail payment rules to improve cost clarity

Banks from 17 countries will work with Swift to set the retail rules.

News

StanChart, Ant, Swift launch bank-to-wallet payments using ISO 20022

The first transaction was completed between a StanChart account and an e-wallet.

News

SWIFT cites high cost of splintered financial world

Many digital payment platforms remain disconnected from each other.

Exclusive

Financial fragmentation threatens bank profits and lending

Globally, it can lead to nearly 280 million fewer jobs by 2030.

In Focus

Financial crimes to continue to squeeze bank profits

More sophisticated crooks and stricter rules are expected to increase compliance costs.

Exclusive

Asia struggles with G20 payment targets

The ultimate goal is for cross-border payments to achieve “the speed of the internet.”

Exclusive

90% of cross-border payments reach banks within an hour

But transparency remains a challenge for cross-border payment systems.

News