In recent years, blockchain and cryptocurrency have disrupted traditional financial systems and are providing a viable alternative to cross-border fund transfer systems such as SWIFT. Cryptocurrency ...

Over 30 banks have committed to kickstarting the framework and will work with Swift to evolve the interbank model to ensure a best-in-class experience Initiative marks Swift’s latest strategic step to ...

Interbank messaging giant SWIFT has settled a cross-border payment, from Australia into Singapore, in just 13 seconds in a global trial.The post SWIFT settles cross-border payment in 13 seconds in a ...

SWIFT, the world’s leading provider of secure financial messaging services, has released a new report which sheds light on how SWIFT gpi has reshaped the cross-border payments’ landscape and the ...

SWIFT, the world’s leading provider of secure financial messaging services, has launched a new service to deliver global instant payments by integrating gpi, the cross-border payments service with ...

Global traditional finance (TradFi) payments system SWIFT said it is adding a blockchain-based ledger to its network. SWIFT is working with a group of over 30 financial institutions to build a ledger ...

Swift says it has finally brought 24/7 global payments to life for transfers destined to Europe. According to a statement by Swift, the European Payment Council’s One-Leg-Out Instant Credit Transfer ...

The EU had been criticized for not cutting off Russia from the global payments system. But together with the US and the UK, the bloc has now decided to take this drastic step in light of Russia's war ...