10 key takeaways from Swift at Sibos 2020
From our bold new strategy to enable instant, frictionless transactions to ISO 20022 adoption, fighting fraud, CSDR, new technologies and more, we break down the top 10 takeaways from Swift at Sibos’ packed three-day programme.
Swift unlocks potential of tokenisation with successful blockchain experiments
Cooperative demonstrates secure and scalable way to connect multiple blockchains for movement of tokenised assets around the world
Swift can provide single point of entry for financial institutions moving tokenised assets while leveraging existing secure infrastructure
Experiments are part of Swift’s ongoing work to maintain strong, secure interoperability across a fragmented financial ecosystem
ARC shows regional projects progressing and showcases African FinTech talent
Biggest ever ARC celebrated real progress towards regional integration and other goals but pointed out further steps needed to continue driving the inclusive growth agenda.
EBA CLEARING, Swift and The Clearing House join forces to speed up and enhance cross-border payments
Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payment as part of a proof of concept demonstrating the feasibility of synchronizing settlement across existing instant payment systems in one of the world’s largest currency corridors.
ESG is set to shape the future of finance
As Swift celebrates its 50th anniversary, we explore what changes the next 50 years might bring about when it comes to financial institutions’ relationship with Environmental, Social and Governance (ESG) issues.
Searching for the synthesisers
What role can third-party solutions such as ‘RegTech’ and industry utilities play in helping banks tackle regulatory compliance reporting challenges?
The benefits and challenges of being an ISO 20022 pioneer
During a recent roundtable discussion, representatives of Russia’s National Settlement Depository, Swift and the Russian National Swift Association (ROSSwift) explored the opportunities – and the obstacles – on the road to ISO 20022 adoption.
Swift CEO addresses EU parliament
Swift CEO Lázaro Campos told EU Parliamentarians today, "whatever the outcome of the current discussions about the use of data for counter-terrorism purposes, what we must not jeopardize are the protections which exist today for citizens' data, the certainty of the legal framework within which companies operate and the commercial level playing field."
Mr Campos was also keen to emphasise that the debate is not about Swift, but about how Europe plans to cooperate with the US for counter…
Swift joins Linux Foundation Distributed Ledger Initiative
"Swift is delighted to support this industry-wide effort to advance distributed ledger technology," said Craig Young, Swift's Chief Technology Officer. "Cooperation and collaboration - hallmarks of the Swift cooperative - will be key to ensuring the scalability and adoption of this technology."
Enabling payments transformation in North America
The march towards instant digital payments is changing the way that banks and financial institutions operate, collaborate, and compete. Although efficiencies can be gained from this transformation, there is also work to be done to take advantage of the opportunities and better serve customers in a rapidly evolving digital landscape.