Tag: SWIFT

The blockchain is well suited to corporate action processing, which has traditionally required significant manual effort and been rife with errors, because it creates transparency and traceability of data across a shared network.  Ubiquitous bank-to-bank messaging platform Swift successfully trialed a blockchain-based application that it says could save the securities industry time and money.   Working […]

SWIFT mines its vast data flows to detect and flag the most common cause of cross-border payment delays: Errors in payee information. This capability is made possible thanks to SWIFT’s near-ubiquity as a bank-to-bank messaging platform, underscoring the benefits of analyzing massive datasets. In its quest to enable real-time international payments, SWIFT has launched a […]