Swift

We’re on a mission to make international transactions instant, frictionless and interoperable.

[Swift @swiftcommunity]

What progress have we collectively made through the Swift payment scheme so far?

As Nasir Ahmed highlights, momentum is building:
- As of today, 34 banks globally have committed to go live with the Swift payments scheme by the end of June, with over 70 committed to go live by the end of this year
- Initial coverage across 11 receiving countries and 30+ market corridors
- 5 of the top 10 global remittance markets included, and with go-live taking place in June, these corridors open for real-world payments.

That means greater transparency, predictability and enhanced traceability.

And that’s just half the story.

As Avalon Ingram explains, customer expectations are changing, with cross‑border payments increasingly expected to be 24/7 and real‑time. This shift calls for greater coordination across the system.

This is where the Swift ledger comes in – introducing a shared orchestration layer for interbank cross-border payments at scale, developed with over 40 institutions globally.

See how our scheme and ledger initiatives are progressing and delivering real-world impact: https://t.co/eZe0jRaPLB

#CrossBorderPayments #SwiftBlockchainLedger #SwiftScheme

[Swift @swiftcommunity]

Swift is a network of thousands of institutions worldwide, making it possible to move value seamlessly around the world.

We’re now collaborating across that network to raise the bar for cross-border payments on current and future rails.

Discover what’s next and how we’re helping shape it: https://t.co/BbzaxMmSJv

#CrossBorderPayments #SwiftBlockchainLedger #SwiftScheme

[Swift @swiftcommunity]

📅 ISO 20022: A key deadline is approaching for cross-border payments.

From November 2026, fully unstructured postal addresses will no longer be supported in CBPR+ messages – payments risk being rejected or delayed if not compliant.

This change is a community‑driven standards evolution, endorsed through the formal maintenance process and country vote, and directly supports the G20 goals of improving data quality and transparency in cross‑border payments.

Prepare early and ensure data readiness: https://t.co/lUAMBURqow

#CrossBorderPayments #ISO20022

[Swift @swiftcommunity]

Entries are closing soon for the Swift Hackathon 2026! This year, we’re looking for solutions that can help scale digital assets globally.

Could your team present to industry leaders at @Sibos in Miami?

Don’t miss your chance, register before submissions close: https://t.co/i6yEBrv8k4

#SwiftHackathon #Sibos #Innovation

[Swift @swiftcommunity]

Is everyone talking about the same thing when they say “interoperability”?

It’s a word we hear everywhere – in conversations about tokenisation, digital assets, instant payments and blockchain-based infrastructure. But its meaning often shifts depending on who you ask.

At Swift, interoperability is about more than connectivity. It’s about delivering choice and convenience – safely, and at scale.

By reducing fragmentation and complexity across the financial system, we can help enable a more seamless global experience. Find out more: https://t.co/R1LsmXFEV7

#Interoperability #DigitalAssets

[Swift @swiftcommunity]

We’re pleased to welcome Michael Manos as Chief Information Officer at Swift.

Bringing over three decades of experience leading large-scale technology organisations, Michael will play a key role in advancing our platform strategy – enhancing resilience, security and innovation in support of the global financial ecosystem.

In this role, Michael will oversee our focus on post-quantum cryptography, our response to frontier AI, and our multi-year roadmap to adopt new cryptographic standards – ensuring interoperability and uninterrupted service as the threat landscape evolves.

Javier Perez-Tasso, our Chief Executive Officer, said: “As the financial and technological landscape continues to evolve, Michael will lead our efforts to further strengthen the resilience and security of our platforms, as we embrace digital technologies and enable responsible innovation.”

We look forward to this next chapter. https://t.co/9MzrqXfwOf

#Leadership #FutureOfFinance #Innovation #Swift

[Swift @swiftcommunity]

Ready to help scale digital assets globally? Registrations are now open for the Swift Hackathon 2026.

As digital assets move into mainstream use, the ability to scale securely across platforms is essential.

This year's Swift Hackathon challenges participants to tackle exactly that.

Sign up by 22 June. Winning teams will present their solutions at @Sibos 2026 in Miami.

Don’t miss out! Register now: https://t.co/i6yEBrv8k4

#SwiftHackathon #Sibos #Innotribe #DigitalAssets

[Swift @swiftcommunity]

Interoperability is everywhere in discussions on tokenisation – but what does it mean in practice?

In the latest from Perspectives, our thought leadership series, Jack Pouderoyen, our Head of Digital Asset Strategy, sets out why interoperability is critical to scaling tokenised deposits globally.

Read now: https://t.co/7Sqqfb7xXj

#Interoperability #DigitalAssets

[Swift @swiftcommunity]

Registrations are now open for the Swift Hackathon 2026!

Digital assets are increasingly being applied to real-world financial use cases. But, as this momentum builds, the ability to operate securely and at scale becomes essential.

This year, we’re challenging teams to explore and design standards that support the next phase of digital asset adoption.

You and your team can take on two key challenges:

• Business challenge: Who does what in a tokenised world?
• Technical challenge: Cracking the control conundrum

Want to showcase your solution to industry leaders at Sibos 2026 in Miami? Explore this year’s challenges and register by 22 June.

Register now: https://t.co/NNgbjgn545

#SwiftHackathon #Sibos #Innotribe #DigitalAssets

[Swift @swiftcommunity]

At the Digital Banking Conference in Barcelona last week, our Chief Product Officer Thomas Delaet shared that most cross-border payments already arrive in minutes. But speed alone is no longer enough.

Meanwhile, the industry continues to debate “old vs new”, correspondent banking vs blockchain, digital assets vs fiat currencies – the future isn’t about choosing one over the other. It’s about combining the scale, trust, and resilience of existing infrastructure with the programmability and 24/7 capabilities of new technologies.

What matters most? Not the rail a payment runs on but that it works. Fast, predictably, and seamlessly. The direction is clear: a multi-rail, interoperable ecosystem, built for a more complex, connected world.

#Payments #Tokenisation #DigitalAssets #CrossBorder #BankingInnovation

[Swift @swiftcommunity]

👉 Find out more: https://t.co/8aotwE6kRK

[Swift @swiftcommunity]

What is the Swift payments scheme – and why are banks around the world backing it?

New technologies, rising expectations and an increasingly complex ecosystem are reshaping financial services. Meeting these challenges – and pushing the boundaries of what’s possible – requires more than individual solutions. It requires collaboration across the global financial community.

That’s where the Swift payments scheme comes in.

By establishing a set of enforceable rules, the scheme is designed to give customers greater certainty, transparency and peace of mind when sending money across borders.

So, who’s part of this initiative?

More than 60 banks worldwide are already supporting the framework, including Standard Chartered, TD Securities, Westpac and Yapı Kredi.

[Swift @swiftcommunity]

👉 Learn more about the progress so far and what it means for cross-border payments. https://t.co/YHF79OkS56

[Swift @swiftcommunity]

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.

@LloydsBank , @NAB , @NatWestGroup and @SocieteGenerale are among the banks participating in this initiative, alongside a growing global community.

#CrossBorderPayments #SwiftScheme

[Swift @swiftcommunity]

The G20 has set clear goals for cross-border payments, across speed, transparency, cost and access.

Our payments scheme is helping deliver on those goals – making transactions faster, more transparent and more predictable.

At the same time, our ledger is accelerating the shift to digital finance at global scale.

👉Learn how we’re expanding what’s possible for cross-border payments: https://t.co/81hMFru1t5

#Innovation #Payments

[Swift @swiftcommunity]

Why is the last mile the longest?

While transactions across the Swift network can happen in seconds, around 80% of a payment’s journey is spent in the “last mile” – the time between a payment reaching the beneficiary bank and being credited to the end account. Domestic regulations, local market practices and infrastructure can all result in delays.

Our payments scheme is designed to significantly improve that final stage of the journey – bringing greater speed, certainty and transparency to the part of the process that matters most to end customers.

“Everyone should be able to transact internationally at pace, safe in the knowledge that the full value will arrive with the recipient and that fees will be affordable and fixed from the start,” says Nasir Ahmed, Head of Payments Scheme at Swift.

👉 Learn more about how the Swift scheme is improving the last mile, with banks including Garanti BBVA, J.P. Morgan Payments, KASIKORNBANK and KEB Hana Bank among its global participants: https://t.co/9U1fwgoCW6

#CrossBorderPayments #SwiftScheme #G20