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Swift enables global trade interoperability in successful trials

News
In collaboration with BNY Mellon, Deutsche Bank and four electronic Bills of Lading (eBL) platforms, we’ve successfully tested an interoperability solution capable of enabling the widespread use of electronic documents that are critical to digitise trade.

5 reasons why you should adopt ISO 20022 now

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ISO 20022’s rich data is at the heart of achieving the industry’s ambition for instant and frictionless payments. And it opens big benefits for firms that embrace the opportunity. Nicolas Stuckens, Head of ISO 20022 Adoption and Data Quality at Swift, discusses the 5 key reasons you should adopt the new standard today.

New collaborative experiments explore more complex CBDC use cases

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The results of our latest collaborative CBDC sandbox experiments are in, successfully demonstrating the use of CBDCs and other digital tokens across simulated digital trade, tokenised asset and FX networks, and payments.

Swift Hackathon 2023: Winning teams announced!

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IBM and Capgemini are this year’s Hackathon 2023 winners! We asked the winning teams how they tackled the Hackathon challenges, how they developed this year’s most innovative environmental, social and governance (ESG) solutions, and what they took away from the experience.

Harnessing AI in the fight against payments fraud

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We’re launching two pilots to test the practical application of AI to enhance fraud detection in payments – all in collaboration with our global community.

Swift and global banks launch AI pilots to tackle cross-border payments fraud

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The cooperative has convened financial institutions for two pilots that will use AI to enhance fraud detection in cross-border payments Swift is using its unique role to bring the finance industry together to improve anti-fraud capabilities by using leading AI technology AI could help the payments industry save billions in fraud-related costs and remove friction from the cross-border payments ecosystem

Overcoming the innovation challenge through collaboration

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With changing customer expectations, increased competition and ever-evolving technology, innovation is essential. But it must be balanced alongside many other priorities. Here’s why collaboration is needed to solve the challenges the financial industry faces. 

Successful blockchain experiments unlock potential of tokenisation

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We partnered with more than a dozen financial institutions and market infrastructures to demonstrate how our network could be used to transfer tokenised assets across multiple public and private blockchains. Read about how we did it and what it could mean for our industry.

Rare earths – a powerful attraction

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China has dominated the production of rare earth metals – the vital inputs in the clean energy transition as well as military equipment. But this could be all set to change as Western economies seek greater control and to reduce their dependence.

From Geneva to Toronto

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Swift at Sibos brought together three senior Swift executives to review Sibos 2016 and look ahead to next year’s event in Toronto
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