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SWIFT

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African fintech hubs join global initiative

27/09/2016(0)
South Africa-based AlphaCode and Kenya’s Nest have joined fintech associations and network providers from more than 20 countries in the Global Fintech Hubs Federation (GFHF), aimed at fostering innovation ... Read More
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SWIFT announces new security tool to strengthen customer fraud controls

20/09/2016(0)
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 ... Read More
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SWIFT: Virtual currencies unlikely to crowd out fiat currencies

07/09/2016(0)
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 ... Read More
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SWIFT Discloses More Cyber Thefts

31/08/2016(0)
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 ... Read More
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Innotribe and Innovate Finance launch Global FinTech Hubs Federation initiative

29/08/2016(0)
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation ... Read More
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Innotribe expands at Sibos as innovation chat moves centre stage

08/08/2016(0)
Innotribe, the innovation arm of Swift, is expanding its capacity at the messaging co-operative’s annual Sibos jamboree by 50%, but don’t expect any chat about distributed ledger technologies, which ... Read More
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Swift: 73 banks worldwide joined the global payments innovation initiative

01/07/2016(0)
More than 70 banks worldwide collaborate to dramatically improve the cross-border payments experience with greater speed, transparency and end-to-end tracking SWIFT announces today that 73 banks worldwide have now ... Read More
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SWIFT warns for a malware aims to reduce financial institutions’ abilities

26/04/2016(0)
SWIFT is aware of a malware that aims to reduce financial institutions’ abilities to evidence fraudulent transactions on their local systems. Contrary to reports that suggest otherwise, this malware ... Read More
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SWIFT offers secure financial messaging services to CIPS

29/03/2016(0)
SWIFT and CIPS sign memorandum of understanding on cross-border interbank payment system cooperation SWIFT has signed a memorandum of understanding (MOU) with China International Payment Service Corp., (CIPS Co.). ... Read More
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The Central Bank of the I.R. of Iran announced that SWIFT completes the on-boarding process for Iranian banks

18/02/2016(0)
Following the historic event of implementation of Joint Comprehensive Plan of Action (JCPOA) agreed by the 5+1 countries on January 16th 2016, the Central Bank of the I.R. of Iran ... Read More
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