Swift
Latest news, explainers and analysis on Swift. Tracking 4 stories on Arth Vani.
Connected in the graph
Latest on Swift
ANZ Bank Completes Landmark Cross-Border Payment Using Tokenised Deposits & Swift Blockchain
Australian bank ANZ has successfully conducted a live cross-border corporate treasury transaction using 'tokenised deposits' on Swift's new blockchain ledger. This marks a significant step towards faster, more secure, and potentially cheaper international payments for businesses globally.
New LaunchBreakingCiti Launches Instant Cross-Border Payments for Businesses via Swift in Multiple Markets
Citi has introduced a new service enabling its corporate clients to make instant cross-border payments in multiple markets using the Swift network. This allows businesses to manage international transactions more efficiently through a single account.
Major Singapore Banks Pioneer Blockchain Transactions for Tokenised Deposits on Swift Ledger
Leading Singaporean banks — DBS, OCBC, and UOB — have successfully conducted live domestic transactions using tokenised Singapore dollars on Swift's innovative blockchain-based ledger. This move signals a significant advancement in banking technology, exploring more efficient and secure ways to handle digital money.
Swift Extends ISO 20022 Deadline for Banks Amidst Compliance Challenges
Swift has postponed the previously set November deadline for financial institutions to adopt structured postal addresses for ISO 20022 payment messages. This extension comes after numerous banks requested more time to align their systems with the new global standard, which aims to enhance the accuracy and efficiency of cross-border payments.
Some listings may be sponsored and Arth Vani may earn a referral fee. All information is for educational purposes only — verify terms and suitability with the provider before acting. Not financial advice.