Swift’s ISO 20022 migration set back a year to November 2022
“The new approach will avoid short-lived investments by customers,” says Swift.
SWIFT
Thai blockchain start-up Lightnet gains $31.2m in Series A funding
Lightnet plans to dislodge cross-border giants like Swift.
Standard Chartered “first” bank to offer public platform to track payment status
The bank is ready for Swift’s November 2020 payments confirmation deadline.
ISO 20022: stepping in the right direction
Market participants should assess the impending transformation and work on action plans.
CMTI 2019: Capital markets in a “war” with disruptors
Innovators are drawing battle lines that banks need to meet, says panel.
BRICS nations aiming for common payment system
Russian official says the association is looking to reduce reliance on USD.
Swift and EBA Clearing kick off ISO 20022 migration for EURO1
Swift has provided the messaging layer for EURO1 since 1999.
Swift to expand its gpi into securities and FX transactions
Swift predicts the world too will take this holistic approach to gpi.
Swift and HSBC team up for common API standard in Hong Kong
Partnership aims to prevent fragmentation and enhance API uptake
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Sibos 2019: Swift reveals 41 second European payments pilot
The payment traveled from Singapore to Germany.
The revolution happening in cross-border payments
Drop in to one of the many panel discussions at Sibos.
Confirmations bring peace of mind to cross-border payments
Swift is working on a new universal confirmations initiative.
Swift to reveal European E2E payments pilot
Swift has already achieved sub-one-minute payments outside Europe.
Top fintech stories this week-06 September 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Swift launches new API standard for open banking innovation
Universal API standards will speed up open banking.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
SIA and Colt join Swift as ESMIG connectivity providers
Single market access is scheduled from November 2021, with the ECB overseeing the tender process.
Swift calls for industry collaboration to improve FX efficiency
Greater automation and better use of standards would benefit the FX market.
Swift awarded ESMIG network service provider status
Swift will be supporting its customers through their Target consolidation projects and the migration to ESMIG.
European banks sign up to gpi trial on TIPS
Designed to smoothen out real-time payments in Europe.
Swift takes step towards ESMIG Network Service Provider status
Swift seeks to be selected as a provider for the Eurosystem Single Market Infrastructure Gateway (ESMIG).
Video: fintech news weekly round-up – 8 April 2019
Africa Fintech association, City watchdog’s orders, and a new blockchain alliance!
Russian lawmakers give green light to alternative Swift system
Russia has discussed joint use of the system with China, India, Iran and Turkey.
Six Spanish banks sign up for gpi cross-border payments
Adoption of gpi has seen a year-on-year increase of 270%.
Swift gives short shrift over RBI penalties to Indian banks
It says the failures lie with automated payment processes at the banks.
Swift unveils e-voting PoC on blockchain
Alongside SLIB, SGX, Deutsche Bank, DBS, HSBC and Standard Chartered.
The biggest development since the Euro: how ISO 20022 will transform payment market infrastructures
ISO 20022 is an all-encompassing force that will irrevocably alter the payments space for the better.
Swift supports Bangladesh Bank network rebuild after 2016 cyberattack
They seem to have got over their quarrel about who was to blame.
Swift links up with R3 for trading on blockchain
Their trial will monitor the movement of goods and payments on gpi.
Swift gpi delights in double digit growth
Global payments innovation service’s values also exceed $300 billion daily.
Hapoalim first bank in Israel to sign up for Swift gpi
Global payments innovation makes its debut.
Swift releases pay later API standards
To prompt worldwide adoption.
Deutsche Bundesbank eases banks into ISO 20022
By signing up to Swift MyStandards and Readiness Portal.
ACI Worldwide plugs National Bank of Kuwait into Swift’s gpi
First bank in the country signing up to gpi.
Top fintech stories this week – 14 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Swift CEO calls time on seven “intense” years
Gottfried Leibbrandt will step down at the end of June 2019.
Swift adds information check pilot for gpi payments
The pilot for global payments innovation starts with 14 banks.
ECB’s pan-European instant payments service goes live
Target instant payment settlement (TIPS) now operational.
Swift’s gpi bags first bank win in Bulgaria
Central Cooperative Bank to implement the global payments innovation service.
