SWIFT stories

Wise forecasts five shifts to speed up cross-border payments by 2026, as new rules, tech links and customer demands reshape the market.

SEON launches enhanced AML platform tools to help businesses manage complex cross-border compliance with flexible screening and investigative analytics.

In 2026, traditional banks will face fierce competition from neobanks, rising fraud risks, and new ISO 20022 rules, forcing urgent modernisation or loss of customers.

Cleanverse International launches a compliance-native layer in Singapore, linking verified identities to stablecoins for regulated, traceable on-chain finance.

Chainlink and 24 major banks collaborate to reduce $58 billion global corporate actions costs, using AI and blockchain for real-time data sharing and automation.

Apple expands Apple Intelligence with new AI features and developer access to on-device models, enhancing privacy and offline capabilities across its devices.

Pegasystems has unveiled the latest Pega Smart Investigate Enterprise Edition, enhancing banks' capabilities in processing payment exceptions with AI automation.

Endor Labs reveals major security flaws in CocoaPods, threatening apps like Instagram and Uber. Critical CVEs could impact Swift and Objective-C supply chains.

Fintech firms Paysend and Currencycloud expand partnership, aiming to extend Paysend's global services and boost its foreign exchange capabilities, potentially benefiting customers worldwide.

In a move set to bolster its international expansion, Australian global payment solutions platform NexPay has announced key board appointments.

Mumbai fintech BriskPe collaborates with Currencycloud to improve global financial reach and offerings for Indian MSMEs. .

Google Cloud reveals cybersecurity predictions for 2024, highlighting the continued evolution of cyber threats.

ACE Money Transfer from the UK has partnered with dLocal to strengthen their payout services across remittance hotspots in APAC and EMEA regions.

The collaboration will help financial institutions provide a greater range of choice to their customers for cross-border payments.

The new capability significantly increases transparency in post-trade processing while preventing costly settlement fails; it will be widely available in 2023.

PPRO has appointed Lázaro Campos as its independent chairman of the board to strengthen governance and prepare for future growth trajectory.

PPRO appoints Lázaro Campos as its first independent chairman of the board, bringing extensive global payments infrastructure experience from leading SWIFT.

Recently I had the opportunity to sit down with SWIFT head of Oceania Bill Doran to discuss how payments are changing on a global scale.

Businesses that use the SWIFT network must comply with SWIFT’s Customer Security Programme (CSP) or face the risk of attacks.

Falsified SWIFT messages were used to attempt unauthorized fund transfers, which were blocked through a collaborative effort.