Fintech Finance

MARCH 26, 2025

licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, today announced its successful launch of its SWIFT code: ITTLPRS2XXX. This strategic milestone is significant for FV Bank clients as it expands inbound wire options alongside stablecoin-based payment rails.

SWIFT 64

SWIFT Global Payments Cross-Border Cross-Border Payments 64

Fintech News

OCTOBER 20, 2024

Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure. This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable.

Cross-Border Payments 136

Cross-Border Payments Cross-Border SWIFT ISO 20022 136

Fintech News

JUNE 2, 2024

Swift, the global financial messaging cooperative, has announced two AI-driven experiments in collaboration with member banks to combat cross-border payments fraud which could potentially save the industry billions in fraud-related costs. That’s an incredibly exciting prospect, but one that will require strong collaboration.

Cross-Border Payments 131

Cross-Border Payments Cross-Border SWIFT AI 131

Finextra

MAY 21, 2024

Swift is working with 25 leading cash management banks and 20 corporates to develop a white labelled transaction tracking service for ISO 20022 messages across the entire payment chain.

ISO 20022 145

ISO 20022 ISOs SWIFT API 145

Fintech Finance

NOVEMBER 13, 2024

Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai ’s TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China.

Payment Solutions 97

Payment Solutions Online and Mobile Banking SWIFT Payments 97

Fintech Finance

JANUARY 29, 2025

Eastnets , a global leader in compliance and payments solutions, has launched its Managed SWIFT Service on AWS Cloud. Managing SWIFT connectivity internally often requires significant resources, infrastructure investments, and dedicated expertise.

SWIFT 59

SWIFT ISO 20022 Payment APIs and Integration Disaster Recovery 59

Fintech News

OCTOBER 28, 2024

Global payments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. This helps to reduce payment failures, operational inefficiencies, and compliance risks in cross-border payments. With payment failures costing the global economy an estimated US$118.5

Cross-Border 104

Cross-Border Payment APIs and Integration Cross-Border Payments Verification 104

VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. What is SWIFT CSP, and why it was introduced?

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Payments Dive

OCTOBER 10, 2022

The Clearing House, Swift and rivals are jostling to speed up cross-border payments, with collaboration and competition likely to emerge at an international conference this week.

Cross-Border Payments 218

Cross-Border Payments Cross-Border SWIFT Payments 218

Fintech News

MAY 21, 2024

Swift has announced a major upgrade aimed at improving the cross-border payment experience for corporate customers. The financial messaging network will extend ISO 20022 across the entire payment chain and provide banks with ready-to-use tracking services.

ISO 20022 110

ISO 20022 Cross-Border Payments Cross-Border ISOs 110

Finextra

JUNE 18, 2024

Bank-to-bank payment messaging network Swift is working to facilitate interoperability of Verifcation of Payee schemes across Europe as new research shows that 83% of SMEs across France, Germany, Italy and Spain rank upfront beneficiary checks as important to them in trading across borders.

SWIFT 132

SWIFT Payee Interoperability Payment Message 132

Payments Dive

FEBRUARY 15, 2023

The Clearing House and other payments players, including Swift, are readying for the March rollout of a international payments standard.

ISOs 205

ISOs SWIFT International Payments Payments 205

Fintech News

JULY 23, 2024

Payments infrastructure company TerraPay has announced that financial institutions can now send money directly to over 2.1 billion mobile wallets worldwide using their existing Swift connectivity. This development aims to enhance the cross-border payments experience for businesses and consumers. billion mobile wallets and 7.5

SWIFT 107

SWIFT Cross-Border Cross-Border Payments Payments 107

Fintech Finance

JANUARY 28, 2025

Akurateco , a global payment software provider with a strong presence in the MENA region, has joined forces with Dinero Pay , a rising Payment Service Provider (PSP) in Saudi Arabia, to drive innovation in the rapidly evolving mobile payments sector. According to IMARC Group , Saudi Arabias mobile payment market reached USD 24.7

Mobile Payments 95

Mobile Payments Payment Service Provider (PSP) Payments Gateways 95

Fintech News

MARCH 19, 2024

Swift has been selected by Australian Payments Plus (AP+) to develop a new service aimed at enhancing the safety and security of money transfers in Australia. This service, known as confirmation of payee, is designed to minimise the risk of erroneous payments and bolster defenses against fraud.

SWIFT 113

SWIFT Payee Cross-Border Payments Scams 113

Fintech News

AUGUST 8, 2024

In the dynamic financial landscape of the Asia-Pacific (APAC) region, private banks, asset managers, fund managers, and other capital market participants are increasingly recognising the pivotal role of Swift connectivity. As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits.

ISO 20022 124

ISO 20022 APACS SWIFT ISOs 124

Fintech Finance

NOVEMBER 19, 2024

Morgan Payments , a global payments leader, to enhance its global payment services for enterprise customers in the UK. Morgan Payments will provide Payhawk with several banking services through its API, including access to bank accounts in multiple currencies and for the safeguarding of funds, and domestic payment rails.

Innovation 98

Innovation Payments Payment Networks Non-Bank 98

Fintech News

DECEMBER 10, 2023

The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments.

Cross-Border Payments 122

Cross-Border Payments Cross-Border SWIFT Fed 122

Finextra

MAY 30, 2024

Banking co-operative Swift is working with global banks on AI pilots to tackle cross-border payments fraud.

SWIFT 119

SWIFT Cross-Border Payments AI Cross-Border 119

Fintech Finance

NOVEMBER 14, 2024

Mollie , one of Europe’s fastest-growing financial service providers, today announces its official launch in Italy, marking a significant milestone in its mission to make payments and money management effortless for every business in Europe. With Mollie, we feel empowered and equipped to handle our payment processes seamlessly.

Payment Solutions 98

Payment Solutions Cross-Border Payments Fraud Prevention 98

Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT ISO 20022 98

Finextra

DECEMBER 11, 2024

Bank-to-bank Payment network Swift is working with Google Cloud to develop multi-jurisdictional anti-fraud technologies that use advanced AI and federated learning

SWIFT 121

SWIFT Payment Networks AI Technology 121

Fintech News

OCTOBER 16, 2024

Swift, the global financial messaging network, is launching a new AI-powered service to help banks fight financial crime. This new capability builds on Swift ‘s existing Payment Controls Service and was developed in collaboration with banks around the world.

Fraud Detection 107

Fraud Detection SWIFT AI Financial Crimes 107

Fintech Finance

JULY 23, 2024

billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers. Swift connects more than 11,500 financial institutions in over 200+ countries. Swift connects more than 11,500 financial institutions in over 200+ countries.

SWIFT 98

SWIFT Cross-Border Cross-Border Payments Accounts 98

Fintech News

DECEMBER 11, 2023

Swift has announced the launch of its first-ever “The Innovation Challenges” that invites participants to create AI-based solutions aimed at improving the efficiency and security of cross-border transactions. They will be granted access to the Swift Challenge sandbox environment.

Cross-Border 126

Cross-Border SWIFT AI Innovation 126

Fintech Finance

JANUARY 16, 2025

I see Guavapay is clearly positioned to lead the next-generation payment solutions, offering unparalleled speed, transparency and cost-effectiveness. Guavapay’s flagship products, MyGuava (B2C) and MyGuava Business (B2B) payment apps offer users to open accounts in over 20 currencies, including GBP, USD, and EUR.

Innovation 98

Innovation Technology Multi-Currency Payment APIs and Integration 98

Finextra

NOVEMBER 30, 2023

Swift has connected domestic payment schemes across Europe to provide full transparency and end-to-end tracking for instant cross-border transfers destined for the EU.

SWIFT 118

SWIFT Cross-Border Instant Payments Process 118

Fintech Finance

OCTOBER 14, 2024

The collaboration progresses a strategic relationship the two organisations announced in October 2022, and reflects a commitment by Swift, GSS and the GSS Advisory Board, comprising 35 of the world’s leading financial institutions, to reduce inefficiency in the global payments ecosystem.

Cross-Border Payments 97

Cross-Border Payments Cross-Border SWIFT Innovation 97

Fintech Finance

OCTOBER 21, 2024

Thunes , the Smart Superhighway to move money around the world, today announced its proprietary Direct Global Network now provides banks with access to over 3 billion mobile wallets around the world via their existing Swift connectivity.

SWIFT 97

SWIFT Cross-Border Payments Cross-Border Instant Payments 97

Fintech News

OCTOBER 28, 2024

The initiative showcases how regulatory requirements can be embedded directly into cross-border payment processes, aligning with G20 priorities to make these transactions faster and more cost-effective. We are optimistic about the potential of these early results to enhance cross border payments.”

Cross-Border 126

Cross-Border Compliance Cross-Border Payments Automation 126

Fintech Finance

OCTOBER 16, 2024

Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. Available from January 2025, the service is the result of extensive collaboration with banks from around the world and a successful pilot earlier this year.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT AI 98

Fintech Finance

OCTOBER 21, 2024

Nium , the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network.

Real Time Payments 95

Real Time Payments SWIFT Payment Networks Cross-Border Payments 95

Fintech Finance

NOVEMBER 15, 2024

TransferTo , a Singapore-based global technology group, and Ecobank Group the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border payment solutions across Africa.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Financial Inclusion Underserved 98

Fintech Finance

JUNE 13, 2024

BVNK , the stablecoin payments provider, announced today that it has enabled Swift payments on its platform, so businesses can move easily between US dollars, Euros and stablecoins like USDT, USDC and PYUSD. BVNK offers the perfect pathway from our PSPs to our banks, saving us valuable time and money.

Stablecoins 99

Stablecoins SWIFT Settlement Digital Currency 99

Clearly Payments

OCTOBER 31, 2024

The economy today is tech-driven and payment methods are a key part of that paradigm. From traditional options like credit cards to emerging solutions such as cryptocurrencies and biometrics, each payment method comes with unique advantages that cater to varying consumer needs. They remain a staple payment method globally.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Fintech News

OCTOBER 6, 2024

Swift, the global financial messaging network, will launch live trials of digital asset and currency transactions in 2025. Banks in North America, Europe, and Asia will participate, using Swift ’s platform to conduct transactions involving both digital assets and traditional currencies.

SWIFT 109

SWIFT Transactions Settlement Use Case 109

Fintech Finance

OCTOBER 16, 2024

Trovata , the pioneering force in corporate bank APIs, announces a new collaboration with Swift , the world’s leading provider of secure financial messaging services, which will extend the benefits of Swift’s tracking capabilities to more businesses through API connectivity.

SWIFT 98

SWIFT ISO 20022 Cross-Border Payments API 98