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 ...

The SWIFT network, which connects more than 11,500 financial institutions globally, is working with Ethereum software giant Consensys and 30 different firms to build a prototype for “real-time 24/7 ...

As global payments shift toward instant settlement, cryptocurrencies built for real-world transfers are gaining renewed attention. While the broader market rema ...

SWIFT also has tested connections with several blockchain networks to explore cross-border transfers, CBDC payments, and asset tokenization. Any blockchain or platform that can speak the common ISO ...

SWIFT is integrating blockchain-based shared ledgers into its core infrastructure to connect fragmented digital asset ...

SWIFT reminds banks of their responsibility in securing their access to the financial network, and creates a centralized information sharing resources for users. The SWIFT banking network on Friday ...

In an attack reminiscent of the one on Bangladesh Bank in 2016, attackers this weekend made $2 million in unauthorized transfers from India's City Union Bank via the SWIFT financial network, Reuters ...

New Swift scheme will require full predictability on price and speed for retail transactions – with no hidden fees, full value transfers and instant settlement where domestic infrastructure and ...