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SWIFT and PBoC set up JV for internationalisation of digital yuan
SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... more
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SWIFT sets sights on new service for low value cross-border payments
SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... more
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SWIFT announces a new strategy for instant payments
In response to the growing number of Real-Time Payments initiatives taking place globally, SWIFT has announces that over the next two years and beyond it will fundamentally transform payments and... more
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SWIFT trials instant cross-border gpi payments through TIPS
SWIFT says 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... more
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Bangladesh Bank files lawsuit in partnership with New York Federal Reserve and SWIFT
Back in 2016, The Bangladesh Bank suffered a massive cyber heist. Now, the bank has filed a lawsuit in New York federal court to recover the lost $81 million. The... more
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