SWIFT is integrating blockchain-based shared ledgers into its core infrastructure to connect fragmented digital asset ...
NEW YORK -- As Western allies levy increasingly harsher economic sanctions against Russia for its invasion of Ukraine, the latest target involves Russia's access to SWIFT. An acronym for Society for ...
LONDON (Reuters) -Global financial messaging network SWIFT and more than 30 global banks announced on Monday they were now working "at pace" on making cross-border payments instantaneous and on a ...
A report on SWIFT’s test program of DLT technology for Nostro account reconciliation has been published, DLT technology shows “fantastic progress.” A Nostro account is a bank’s account in a foreign ...
BRUSSELS--(BUSINESS WIRE)--Swift has today announced two AI-based experiments in collaboration with its member banks, to explore how the technology could assist in combatting cross-border payments ...
BRUSSELS--(BUSINESS WIRE)--Central and commercial banks will be able to use the Swift network to carry out trial transactions of digital currencies and assets, in expansive pilots that seek to ...
April 25 (Reuters) - SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers on Monday that it was aware of "a number of recent cyber ...
Swift says the enhanced standard, designed and built in conjunction with 10 multinational corporates and 12 leading banks — including National Australia Bank — streamlines the process for corporate ...
Swift has launched a raft of new security measures for users to protect against further fraudulent attempts to access the messaging network. Outside of this, banks still need to further invest in ...
TORONTO (Reuters) - Hackers continue to target the SWIFT bank messaging system, though security controls instituted after last year's $81 million heist at Bangladesh's central bank have helped thwart ...