Messaging solutions for banking and payments

Together with our community, we’ve already started laying the foundation to make our vision a reality with innovations such as gpi, cloud and APIs.  As we move forward, our platform will evolve even further, going way beyond today’s capabilities to:

• Enable end-to-end transaction management, leading to mutualised services such as pre-validation of essential data, fraud detection, data analytics and transaction tracking, as well as evaluating going deeper into screening services – reducing costs that are typically carried by each financial institution individually.
• Orchestrate interactions between financial institutions and other participants to minimise friction, optimise speed and provide end-to-end transparency and predictability from one account to another anywhere in the world.
• Provide improved data quality, analytics and insights, paving the way for financial institutions to offer new value-added services to their customers. 
• Allow all of our customers to adopt and take advantage of new benefits at their own pace through backward compatibility. 

This move has the potential to power instant and frictionless transactions between at least 4 billion accounts serviced by financial institutions across the SWIFT network. 

In short, our platform will deliver the infrastructure that will help financial institutions adapt, thrive and grow. 

Learn more about the SWIFT platform evolution