Surecomp’s DOKA-NG Qualifies for SWIFT Certification

Surecomp®, the global trade finance fintech leader announced today that DOKA-NG®, a back-office trade finance solution, was granted the ‘SWIFT Certified Application – Trade Finance’ label for the 19th consecutive year.          Read more »

SWIFT Achieved License to Provide ESMIG Connectivity Services as Network Service Provider for TARGET Services

SWIFT announces today that it has been awarded a license to provide ESMIG connectivity services from November 2021, as a Network Service Provider for the Eurosystem’s TARGET Services. SWIFT’s appointment through the Eurosystem’s public tender process evidences both trust and confidence in SWIFT’s services as well as SWIFT’s own commitment to supporting Market Infrastructures and in driving modernisation. SWIFT supports 254 domestic and pan-... more Read more »

SWIFT Tests GPI Cross-Border Payments through TARGET Instant Payments Settlement

SWIFT today announces that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and SWIFT have launched this initiative to extend the reach of instant cross-border payments deeper into the European market by enabling gpi in the TIPS system. Banks will carry the cross-border legs of the payments, which they will then settle through... more Read more »

SWIFT extends integrated payments toolkit

SWIFT announces the launch of an ‘in-flight’ payment investigation and resolution service, available in the cloud, in a significant expansion of its network-wide payments validation toolkit. The new capability allows for dynamic query handling between banks on the SWIFT network, enabling them to quickly resolve instances in which required operational, regulatory or compliance information is incorrect or missing from payment instructions. Read more »

Innotribe Shares Hints of Successful Organisations

Innotribe has released a new report examining the way innovation teams from the financial services sector are harnessing innovation within their organisations. Based on interviews with 11 innovation leaders, the Innotribe report, “Dynamism in Diversity: The essentials for successful Innovation Teams in the Financial Industry,” details current innovation frameworks and best practices for developing innovation programmes across the wholesale... more Read more »

Worldcore payment institution binds up with BioID to present face recognition authentication at FinovateEurope 2017

Worldcore, an online based financial services provider and cloud biometrics developer BioID, revealed a joint project, in which BioID’s facial recognition technology will be used to secure Worldcore system, adding a second form of biometric authentication, named FaceKey. Read more »

The Innotribe Startup Challenge for Russia Is Opened

SWIFT announces today that the Innotribe Startup Challenge for Russia is open for applications. For the first time this year, Innotribe is pleased to partner with the ROSSWIFT (Russian National SWIFT Member and User Group), namely the Bank of Russia, the National Settlement Depository, Sberbank, and Alfa-Bank to organise the Startup Challenge showcase during the International Financial Congress (IFC). Read more »

The Innotribe Startup Challenge for Africa Is Opened

SWIFT Innotribe announces today that the Startup Challenge for Africa is open for applications. For the third year running, the Startup Challenge will be part of SWIFT’s African Regional Conference (ARC) held in Abidjan, Ivory Coast, from 16-18 May 2017. ARC brings together policy makers, industry leaders and the broader financial community from across the African continent. Read more »

SWIFT Announces Decline in RMB Payments

SWIFT RMB Tracker shows an overall decline in RMB payments by value for 2016, closing out the year in sixth place among currencies used for international payments SWIFT data shows that compared to 2015 the payments value for the RMB decreased by as much as 29.5% in 2016. The RMB’s share as an international payments currency dropped from 2.31% in December 2015 to 1.68% in December 2016, ending the year as the sixth most active currency for... more Read more »

SWIFT Records Strong Performance in its Messaging Traffic

The end of June peak in Payments traffic, combined with the ongoing Brexit-related surge in Securities and Treasury traffic, triggered two successive FIN traffic peak days on Tuesday 28th and Thursday 30th June 2016. Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel