TerraPay, a leading global money movement company, today announced the launch of Xend, a first-of-its-kind Payments Interoperability Network designed to unify the fragmented world of wallets, banks, ...

BRUSSELS--(BUSINESS WIRE)--Swift has today announced two AI-based experiments in collaboration with its member banks, to explore how the technology could assist in combatting cross-border payments ...

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

LONDON (Reuters) -Global financial messaging network SWIFT and more than 30 global banks announced on Monday they were now working "at pace" on making cross-border payments instantaneous and on a ...

Adopting the new global standard for payments is more important than ever, according to an update from Swift. As the financial industry moves closer to the CBPR+ November 2025 deadline, Swift has ...

The final cutover to the rich data standard occurred successfully on 22 November as the period of coexistence with the MT message format ended ISO 20022 will elevate the customer experience ...

The coexistence period between MT and ISO 20022 message standards is coming to an end this weekend, as the Society for ...

Swift and Wise (LSE:WISE) says they will increase cross-border payment options for financial institutions and their customers, enabling payments sent via Swift to be completed over Wise with ...

The global financial community has unleashed a new era for global payments innovation with universal adoption of ISO 20022 as the standard language for cross-border payments worldwide.

Swift’s network completes the transition to ISO 20022, ending MT messages and standardising structured data for cross-border ...

Swift, the global financial messaging service, is partnering with leading banks on two AI-powered pilots to reduce fraud and streamline cross-border payments significantly. AI could help the payments ...