CCN on MSN

Goodbye MT Format—SWIFT Retires Legacy Payments in Favor of Blockchain-Friendly ISO 20022

SWIFT sunsetted the MT (Message Type) format for financial messaging on Saturday, Nov. 22. Having migrated to ISO 20022, ...
Crowdfund Insider

Swift Standardizes Payments End-to-End, Provides Banks Ready-to-Use Tracking Services

Swift has set out plans to help financial institutions streamline the cross-border payment experience for their corporate customers by “extending ISO 20022 across the entire payment chain and giving ...
American Banker

How Swift's blockchain could boost bank stablecoins

As stablecoins expand, there's a related trend that includes efforts to link the cryptocurrency to other forms of payments to encourage adoption. Swift, which oversees an international transaction ...
Cryptopolitan on MSN

Citi, Swift finish test of fast fiat-to-digital payment system

​​Citi and Swift complete a Singapore trial showing synchronized fiat-digital settlement through PvP, using Swift rails and ...
Nasdaq

StoneX Announces Adoption of Swift’s Payment Pre-validation Service

NEW YORK, Dec. 22, 2023 (GLOBE NEWSWIRE) -- StoneX is delighted to announce that it is one of the first financial organizations to enable Swift’s new leading-edge solution for cross-border payments.
Business Wire

Swift and Wise Join Forces to Expand Cross-Border Payment Options Globally

Collaboration will help financial institutions provide a greater range of choice to their customers for cross-border payments Payments initiated by banks via Swift will be able to complete on Wise ...