Swift

What’s changing in cross‑border payments, and why does it matter now? Over 50 banks worldwide have signed up to our payments scheme, introducing a new framework designed to transform retail cross‑border payments. With 25+ banks set to process payments under the framework by June, customers can expect: ✅ Certainty of cost ✅ Full‑value delivery ✅ Faster settlement – including instant where possible ✅ End‑to‑end traceability 💬 Read below how Bank of China, Banorte, PT. BANK NEGARA INDONESIA (Persero) Tbk. and Bank of the Philippine Islands (BPI) see this framework working in practice. 👉 Learn more: https://lnkd.in/eUU2NeSn #CrossBorderPayments #SwiftScheme

As March comes to an end, it’s a moment to reflect on how teams across Swift came together to mark International Women’s Day – celebrating women’s achievements, recognising progress, and reinforcing our shared commitment to building a workplace where inclusion, opportunity and equity are part of our everyday leadership and decisions. Across regions, conversations explored how progress is driven not by intention alone, but by deliberate choices, accountability and allyship. Discussions highlighted the value of stepping beyond comfort zones, supporting one another through mentorship and sponsorship, and creating environments where diverse perspectives can thrive.   These moments reinforced a simple but powerful message: progress is a choice, and each of us has a role to play in advancing equity through the decisions we make every day. While moments of reflection matter, the conversation – and the journey – continues as part of how we work, lead and grow together.  👉 Is this a journey you’d like to be part of? Learn more about careers at Swift. https://lnkd.in/eKU8Hh3n #InternationalWomensDay #Inclusion  

How can ISO 20022 go beyond compliance to transform custody operations? In this video, State Street explains how ISO 20022 is embedded across its custody activities to improve data quality, simplify client interactions and enable higher levels of straight‑through processing. By standardising data and removing ambiguity, ISO 20022 helps reduce manual intervention and allows transactions to move more cleanly through the system. State Street also shares how ongoing collaboration with Swift helps both internal teams and clients stay aligned as standards evolve. 👉 Find out more: https://lnkd.in/eFacf8uH #ISO20022 Chris Rowland

Our plans to build a blockchain-based shared ledger have reached a major new milestone.   After completing its design phase with a global group of banks, we are now shaping the ledger’s first MVP iteration, which will enable interoperability between banks’ tokenised deposits and facilitate 24/7 cross-border payments.   📅The MVP is planned to go live with real-world transactions this year, as we work in parallel with banks internationally to help accelerate the industry's transition to digital finance. The ledger will allow payments to be executed using tokenised deposits, leverages existing compliance processes and supports multiple settlement options. The result?   - Faster payment execution - Better liquidity visibility - Reduced reconciliation efforts - Interoperability across institutions   ⚡Learn more about how our progress on the ledger is part of a parallel track strategy to power a best-in-class payments experience, however value moves: https://lnkd.in/eM9Ch_Sf    #CrossBorderPayments #Ledger 

Can collaboration reshape the future of cross-border payments? Over 50 banks worldwide have signed up to Swift’s payments scheme, introducing a new framework designed to transform consumer and retail cross‑border payments. As progress continues through 2026, banks are beginning to roll out the framework across key corridors – helping deliver faster, more predictable and transparent payment experiences for end customers. Find out more: https://lnkd.in/eUU2NeSn #CrossBorderPayments #SwiftPaymentsScheme

🌍 The transition to ISO 20022 is reaching an important new milestone. As the global payments community continues its move to ISO 20022 – the global standard for cross‑border payments – a key change is on the horizon. 📅 In November 2026, as part of the SR 2026 standards release, unstructured postal addresses will be removed. This change has been requested by the community and reflects the continued evolution of ISO 20022 towards fully structured data – enabling more precise filtering, improved monitoring and higher levels of automation across payments processing. 👉 Learn what this means for your organisation and how to prepare: https://lnkd.in/eJhxnfqd #ISO20022 #CrossBorderPayments 

What if sending money across borders felt as seamless as sending it domestically? Last year, we set out to transform the cross‑border payment experience with the launch of a new Swift payments scheme – designed to deliver fast, predictable and transparent payments worldwide. So, who’s part of this initiative? More than 50 banks across the globe are already supporting the framework, including Akbank, ANZ, Axis Bank and Bank Alfalah Limited. 👉 Hear directly from Swift payments scheme participants and discover what this means in practice: https://lnkd.in/eUU2NeSn #CrossBorderPayments #SwiftScheme

What’s changing in cross‑border payments, and why does it matter now? Over 50 banks worldwide have signed up to our payments scheme, introducing a new framework designed to transform consumer cross‑border payments. Find out more: https://lnkd.in/eUU2NeSn #CrossBorderPayments #SwiftPaymentsScheme

Last week, our CEO Javier Perez-Tasso contributed to the Financial Stability Board (FSB) Cross-border Payments Summit organised by Andrew Bailey, Chair of the Financial Stability Board and Governor of the Bank of England, to bring together public and private sector leaders to accelerate progress on cross-border payments.   The Summit marked the start of a new implementation phase under the G20 Roadmap - with a clear emphasis on collective action, industry leadership, and closer public private collaboration to make cross-border payments faster, cheaper, more transparent and more accessible.   Swift is driving global industry action to ensure end users have the best possible experience. Already today, 75% of payments using the Swift network reach beneficiary financial institutions within 10 minutes, with many arriving in just seconds. Banks are also preparing to go live with a new retail payments framework, delivering greater speed, cost certainty and end-to-end transparency for consumers.   In parallel, Swift is building the rails of the future by integrating a shared, blockchain based ledger into its infrastructure - with an initial focus on enabling 24/7, real time cross-border payments. https://lnkd.in/e27ytPrz #Interoperability #Payments #G20

Over 50 banks from around the world have now signed up to the Swift payments scheme, a new framework designed to deliver faster, more predictable and fully transparent cross-border retail payments. As adoption grows, we’re moving closer to a world where sending money internationally feels as seamless as sending it domestically. 👉 Learn more: https://lnkd.in/eUU2NeSn #CrossBorderPayments #G20