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Execution

SWIFT Launches Cybersecurity Portal Amidst Increasing Industry Threats

  • The world is an increasingly perilous place with cyber threats growing in complexity and frequency.
Monday, 15/05/2017 | 13:45 GMT by Jeff Patterson
Execution

SWIFT Deploys Update for Reference Data Suite

  • The upgrade will help provide a single and unique source for the reference data and financial information
Wednesday, 19/04/2017 | 10:41 GMT by Jeff Patterson
Execution

Spy Game? SWIFT Denies NSA Keeping Tabs on Middle Eastern Banks

  • SWIFT and EastNets shot down rumors that the NSA hacked their systems to spy on Middle Eastern Banks.
Tuesday, 18/04/2017 | 09:25 GMT by Jeff Patterson
Execution

SWIFT Rolls Out New Customer Protection Utility, Fortifying Cyberdefenses

  • The new utility will help fortify existing fraud controls for SWIFT customers.
Thursday, 13/04/2017 | 09:17 GMT by Jeff Patterson
Executive Moves

Ripple Poaches Marjan Delatinne from SWIFT to Spearhead its European Sales

  • Marjan Delatinne joins Ripple from SWIFT after helping launch its recent GPI program.
Thursday, 13/04/2017 | 08:47 GMT by Jeff Patterson
Regulation

North Korean Connection? Fed Explores Link to $81 Million Heist, SWIFT Breach

  • US authorities are investigating a potential link to last year's $81 million heist with North Korean hackers.
Thursday, 23/03/2017 | 14:11 GMT by Jeff Patterson
Regulation

SWIFT Bans North Korean Banks from Accessing Financial Network

  • Three North Korean banks have been banned from SWIFT's network on the heels of a UN investigation.
Wednesday, 08/03/2017 | 10:18 GMT by Jeff Patterson
Execution

RMB Usage Holding Steady in January, Unable to See Growth – SWIFT Data Shows

  • The RMB could not overtake the CAD in terms of usage, falling by nearly 3% on a month-over-month basis in January.
Thursday, 23/02/2017 | 13:50 GMT by Jeff Patterson
Execution

SWIFT gpi Secures Leading Banks for Cross-Border Payments Project

  • Phase one of SWIFT gpi has seen many leading transaction banks go live with the service across 60 countries.
Thursday, 16/02/2017 | 11:44 GMT by Jeff Patterson
Execution

SWIFT Implementing a Daily Report Tracking Service to Strengthen Security

  • SWIFT's latest initiative will see the deployment of an anti-fraud utility to help police its network of users.
Monday, 06/02/2017 | 18:21 GMT by Jeff Patterson
Payments

Pelican Unveils AI-Powered Fraud Prevention Tool to Monitor Security Breaches

  • The PelicanSecure Fraud Prevention solution is powered by AI technology that learns to detect fraud in systems.
Wednesday, 01/02/2017 | 11:59 GMT by Jeff Patterson
Execution

RMB Usage Tanks in 2016, Falling to Sixth Most Utilized Currency by Payments

  • RMB usage dove nearly -30.0% YoY in 2016, with a slowing Chinese economy driving this trend.
Thursday, 26/01/2017 | 11:52 GMT by Jeff Patterson
Innovation

SWIFT Tests Blockchain for Real Time Nostro Database Reconciliation

  • SWIFT will deploy the open-source Hyperledger technology in its blockchain development.
Thursday, 12/01/2017 | 12:18 GMT by Avi Mizrahi
Execution

SWIFT Inks MoU with Fox-IT, Combating Cyber Security Challenges

  • Amidst a rise of cyber security threats in the industry, SWIFT has teamed up with Fox-IT.
Wednesday, 30/11/2016 | 15:07 GMT by Jeff Patterson
Education Center

Swift is Not "a Legacy Incumbent that will be Doomed" by Blockchain

  • Swift will use its connections to make sure it's not bypassed in the transition to blockchain-based bank wire transfers.
Thursday, 24/11/2016 | 10:02 GMT by Avi Mizrahi
Execution

RMB Usage Sees Decline in October, Falls to Sixth Most Utilized Currency

  • The RMB has lost ground in the international payments realm, falling to the 6th spot, behind the Canadian dollar.
Wednesday, 23/11/2016 | 14:34 GMT by Jeff Patterson
Executive Moves

Trading Places: UBS, HSBC See New Hires Despite Lackluster Year

  • Catch up on the biggest moves of the week from around the financial services industry.
Sunday, 30/10/2016 | 09:35 GMT by Jeff Patterson
Executive Moves

SWIFT Adds Marc Hofmann as New Chief Information Security Officer

  • Hofmann's addition strengthens SWIFT’s security team which increased threefold over the past 3 years.
Friday, 28/10/2016 | 09:27 GMT by Finance Magnates Staff
Execution

RMB Usage Rises in September, Overtaking Key Metrics, SWIFT Data Shows

  • 57 countries have now broken a 10% threshold by RMB usage for direct payments, its highest figure ever.
Thursday, 27/10/2016 | 18:31 GMT by Jeff Patterson
Execution

Uruguay Achieves Payments Harmonization on SWIFT via RTGS

  • The RTGS helps promote better efficiency, also curbing operational risk for domestic and international investors.
Thursday, 27/10/2016 | 13:31 GMT by Jeff Patterson
Payments

Visa Partnering with Chain to Enter into Real Time Payments Race

  • Visa and Chain are teaming up to provide a system that supports near real-time module and a private blockchain.
Friday, 21/10/2016 | 20:21 GMT by Jeff Patterson
Regulation

Ecuadorian Bank Gets Green Light in Wells Fargo Suit for $12m SWIFT Heist

  • Banco del Austro is going after Wells Fargo after $12m in transfers were wrongfully sourced using SWIFT's network.
Wednesday, 19/10/2016 | 13:49 GMT by Jeff Patterson
Execution

RMB’s Global Payments Share Holds Steady in August, SWIFT Data Shows

  • The UAE has seen a strong growth in RMB usage in August, while the currency has held its top 5 spot for global payments.
Tuesday, 27/09/2016 | 10:11 GMT by Jeff Patterson
Regulation

Illusive Networks Launches SWIFT Guard as Countermeasure to Cyber Threats

  • A new solution has helped shore up any vulnerabilities in SWIFT's comprehensive system.
Monday, 26/09/2016 | 13:22 GMT by Jeff Patterson
Regulation

SWIFT’s Harmonisation Charter Progresses Amidst Widespread Endorsement

  • The project has been endorsed by 20 market infrastructure groups, adhering to a comprehensive charter.
Monday, 26/09/2016 | 09:40 GMT by Jeff Patterson
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