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.

Financial crimes to continue to squeeze bank profits

Financial crimes to continue to squeeze bank profits

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

Asia struggles with G20 payment targets

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

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

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