Search Results for: SWIFT
SWIFT launches gpi certification programme for global payment applications
September 12th, 2017
SWIFT announces today the launch of an approved certification programme for vendors that support SWIFT gpi in their payment applications. This certification programme will ensure that gpi capabilities are inherently available in these applications, thereby reducing both time and ...
SWIFT extends KYC Registry membership to all supervised financial institutions
July 18th, 2017
SWIFT, a global member owned cooperative and the world’s leading provider of secure financial messaging services, has issued an announcement to inform that it has opened membership in its KYC Registry to all supervised financial institutions. Since the launch ...
EBRD joins SWIFT’s Know Your Customer Registry
May 9th, 2017
In a move to facilitate global and local financial flows and ensure their transparency, the European Bank for Reconstruction and Development has signed up to use SWIFT’s Know Your Customer (KYC) Registry and is encouraging partner banks in countries ...
Leading global transaction banks kick off blockchain proof of concept with SWIFT gpi
April 26th, 2017
SWIFT’s proof of concept will determine if distributed ledger technology can help banks reconcile their nostro accounts in real time SWIFT, in collaboration with leading global transaction banks, is developing a proof of concept (PoC) application that will test ...
SWIFT updates reference data service
April 19th, 2017
SWIFTRef’s Bankers World Online query tool undergoes a facelift, adds improved search fields and simplified navigation for easier access to reference data SWIFT announces the launch of a significant information architecture and visual redesign for its online reference data ...
SWIFT announces a new real-time payment controls service
April 13th, 2017
SWIFT today announces a new real-time payment controls service to complement and strengthen its customers’ existing fraud controls. The new fraud and cyber-crime prevention service will enable SWIFT customers to screen their payment messages according to their own chosen ...
SWIFT introduces new elements to combatting fraud
February 6th, 2017
New elements are part of SWIFT’s Customer Security Programme to protect its community Combatting fraud is a challenge for the entire financial industry, as cyber-attacks grow in frequency and sophistication. SWIFT’s Customer Security Programme (CSP) helps its customers secure their ...
SWIFT announces new security tool to strengthen customer fraud controls
September 20th, 2016
Anti-fraud reports introduced under SWIFT’s Customer Security Programme Supports banks by helping detect unusual payment flows quickly and easily Improves possibility of cancelling fraudulent transfers SWIFT announces the introduction of Daily Validation Reports, a new tool designed to supplement ...
SWIFT: Virtual currencies unlikely to crowd out fiat currencies
September 7th, 2016
The SWIFT Institute has published a new research paper analysing whether Bitcoin will crowd out fiat currencies in the global community. The paper, entitled “Virtual currencies: Media of exchange or speculative assets?”, looks at the dynamic relationship between virtual currencies, such ...
SWIFT Discloses More Cyber Thefts
August 31st, 2016
SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February’s high-profile $81 million heist at Bangladesh Bank. In a private letter ...
