Heartland To Settle Class Actions Over Cyber Breach December 22, 2009The payment processor agreed to submit the report of an independent expert on its plans to improve the security of its computer system since the announcement of the cyber breach on January 20, 2009.
SWIFTNet Goes Live in Hong Kong for High-Value PaymentsJuly 30, 2009SWIFTNet goes live in Hong Kong for high-value payments, as ClearingHouse Automated Transfer System and Hong Kong Monetary Authority switch from proprietary networks.
Citi Launches White-Label Settlement ServiceMay 01, 2008Citi's new foreign exchange (FX) service aims to help emerging economies lower settlement risk by settling both sides of the trade simultaneously.
Campos to Succeed Schrank as CEO of SWIFTMarch 06, 2007SWIFT's incoming head sees a bright future for the payments messaging organization as it evolves to serve new markets and customer segments.
Clearing and Settlement September 27, 2004Technology can be a powerful ally for banks looking to streamline their clearing and settlement processes and mitigate settlement risk. But to effectively compete in the global arena, financial institutions will have to adopt standards and work together.
IBM’s SWIFT Expert Describes Industry TransformationSeptember 20, 2004Strategic transformations in the financial industry include the bank/corporate relationship and the consolidation of back offices at European banks.
