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Swift News & Events
Featured news. Working together to connect a fast-evolving financial ecosystem for the benefit of all is a key... Swift at Sibos 2024: Where knowledge meets know-how. Swift data shows focus needed on beneficiary leg for faster international payments. Swift to launch AI-powered fraud defence for cross-border payments.
Swift’s cross-border payments processing speed surpasses G20 …
Brussels, 22 August 2023 – Swift today announced strong progress toward goals set by the G20 for enhancing cross-border payments, reporting that 89% of transactions processed on its network reach recipient banks within an hour.
Swift explores blockchain interoperability to remove friction from ...
Jun 6, 2023 · Chainlink will be used as an enterprise abstraction layer to securely connect the Swift network to the Ethereum Sepolia network, while Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will enable complete interoperability …
Swift unlocks potential of tokenisation with successful ...
Brussels, 31 August, 2023 – Swift today released results from a new series of experiments that show its infrastructure can seamlessly facilitate the transfer of tokenised value across multiple public and private blockchains. The findings have potential to remove significant friction slowing the growth of tokenised asset markets and enable ...
Press releases - Swift
Technology and Innovation 25 March 2024 | 8 min read. Swift sets industry up for seamless introduction of CBDCs for cross-border transactions as interlinking solution finds more use cases. Collaborative experiments with 38 global institutions demonstrate new use cases for Swift solution across digital trade... Read more.
Swift advances CBDC innovation as interlinking solution begins …
Sep 13, 2023 · Three central banks and monetary authorities currently beta testing Swift’s breakthrough CBDC connector as interest in interoperability solution grows.
New collaborative experiments explore more complex ... - Swift
Mar 25, 2024 · 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.
Global banks to use Swift for trialling live digital asset transactions ...
Oct 3, 2024 · Banks across North America, Europe and Asia will use Swift connectivity to conduct live trials of digital asset and currency transactions as innovation accelerates from experimental phase to real-world application.
Ground-breaking Swift innovation paves way for global use of …
Brussels, 5 October 2022 – Swift has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem.