SWIFT today announces the introduction of Payment Controls, an intelligent new in-network solution to combat fraudulent payments, and to help strengthen its customers’ existing security.

The commercial availability of the service marks an important milestone in SWIFT’s Customer Security Programme (CSP) – a community initiative launched in 2016 that has increased security and trust across the global financial community.  

Moneynetint, UK based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the world, announced that it had completed the integration phase with Ripple, which offers blockchain solutions for payments.

SWIFT has today published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks and payment service providers. 

As pressure from regulators and customers shift banking towards more open access to financial services, SWIFT is playing a lead role in unlocking the potential of API technology by providing the neutral collaboration platform to develop the common data standards the industry needs.

 Moven Enterprise, the smart-banking solutions division of Movencorp, Inc, today announced that it has expanded its footprint globally to help banks deepen their digital customer engagement and drive new revenue streams while significantly reducing attrition and acquisition costs.

ING Bank has announced the release of its Zero-Knowledge Set Membership (ZKSM) solution. The solution marks the further development of the bank’s Zero-Knowledge Range Proof (ZKRP), that empowers clients by improving privacy in a Distributed Ledger Technology (DLT) environment.

Broadridge Financial Solutions, Inc. (NYSE:BR), an S&P 500 company and global Fintech leader, today announced a next-generation solution to address key industry, business and operational challenges with global asset servicing.

ICS BANKS Auto Collection System is a robust collections software solution that is introduced to reduce and mitigate risk of managing past due or delinquent accounts. This automated system monitors the customer’s accounts which have unpaid arrears in order to track any amount that becomes available, and blocks it against these arrears, before being drawn or used by the customer.

SWIFT announces successful test results of its new instant cross-border payments proof of concept, involving banks in China, Singapore, Thailand and Australia.
The trial successfully demonstrated that by enabling gpi in real-time domestic systems, payments can be effected almost instantly, even when they involve domestic settlement and non-gpi banks.

MYHSM announces the first dedicated payments hardware security module (HSM) hosted service using Thales payShield HSMs. MYHSM enables merchants, acquirers, Payment Service Providers (PSP), Payment Facilitators (PayFac), and issuers, to utilise security as a service to simplify operations as well as leverage cloud services while focusing on improving the consumer digital payment experience.

NETELLER, a leading digital wallet provider and part of Paysafe Group, is now offering its customers the opportunity to instantly buy and sell cryptocurrencies, as cryptocurrency adoption continues to grow. As of today, NETELLER users can buy, hold and sell cryptocurrencies via a recognised cryptocurrency exchange including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin, purchased using any one of 28 fiat currencies available in the NETELLER wallet.