Swift

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

[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

[Swift @swiftcommunity]

True progress in payments won’t come from just one solution – it will come from a multitude of systems working seamlessly together.

Our payments scheme and blockchain-based ledger reflect this approach: raising the standard of transfers on today’s rails, while scaling the benefits of digital finance for the future.

👉 Learn more about our parallel track innovation strategy: https://t.co/81hMFru1t5

#Innovation #Payments

[Swift @swiftcommunity]

How are banks navigating transformation in payments?

From ISO 20022 and real time tracking to new payment schemes, digital currencies and enhanced fraud protection, change is accelerating.

In this testimonial, Groupe BPCE shares how it’s responding – building a more connected ecosystem, gaining faster insights and reinforcing trust as complexity grows.

“The banking industry has undergone a profound transformation.” Olivier Hollette, Natixis CIB

🎥 Watch the full conversation: https://t.co/akNJT1JxHc

#Payments #ISO20022

[Swift @swiftcommunity]

Improving the state of cross‑border payments is a global ambition shared by the G20.

As part of its roadmap to enhance cross‑border payments by 2027, the G20 set clear goals around speed, cost, transparency, choice and access. Real progress is already underway. Today, 75% of transactions over Swift reach the destination bank within 10 minutes, exceeding the G20 target.

But there’s more to do. Consistency of experience, financial inclusion and delays beyond the Swift network still need to be addressed.

That’s why our payments scheme plays a critical role, helping move the industry closer to cross‑border payments that work better for everyone, everywhere.

👉 Learn how banks including CBA, City Bank, DenizBank and Deutsche Bank – alongside more than 50 others – are bringing this vision to life: https://t.co/9U1fwgoCW6

#CrossBorderPayments #SwiftScheme #G20

[Swift @swiftcommunity]

How long do cross-border payments really take?

Today, 75% of payments on Swift reach beneficiary banks within just 10 minutes – with many arriving in seconds.

We’re building on that progress. Our payments scheme is raising the standard on today’s rails – faster, more predictable, more transparent.

At the same time, our blockchain-based shared ledger is unlocking the next phase. Enabling digital finance at global scale.

👉 Want to learn more?https://t.co/81hMFru1t5

#Innovation #Payments

[Swift @swiftcommunity]

Is the future of payments about one solution – or many working as one?

Swift’s payments scheme is one half of our parallel track innovation strategy, delivering fast, frictionless cross‑border transactions for today’s world.

The other half is the addition of a blockchain‑based shared ledger, designed to enable 24/7, real‑time cross‑border payments and support the trusted movement of regulated tokenised value.

Together, they strengthen how value moves across our global network of 11,500 banks and financial institutions in more than 200 countries and territories: securely, at scale and ready for what’s next.

BBVA, BNP Paribas, CaixaBank and Citi are among the banks supporting our payments scheme framework.

👉 Discover what this means in practice: https://t.co/9U1fwgoCW6

#CrossBorderPayments #SwiftScheme