Financial messaging provider SWIFT has joined the Payments Council in the UK as an Associate Member.
The provider for more than 9,500 financial institutions and corporations in 209 countries will work with the Payments Council to help ensure that the UK’s payment systems and services meet the needs of service providers, users and the wider economy.
Arun Aggarwal, managing director UK, Ireland and Nordics at SWIFT, said: “As a co-operative dedicated to serving our members, it is essential that SWIFT plays an active role in key industry bodies engaged in the topics and issues that affect us and other users. International payment systems are in SWIFT’s DNA, and through joining the UK’s Payments Council we can help shape the future of a vital component of the global and domestic payment communities.”
Acting chief executive at the Payments Council, Gary Hocking, added: “The Payments Council is delighted to welcome SWIFT as an Associate Member, and we look forward to exploring opportunities for our organisations for our organisations to work together. Membership gives SWIFT access to the biggest operators in the UK payments industry, as well as a wealth of industry knowledge, know-how and research.”
SWIFT will be entitled to take part in the Payments Council’s Vendor Forum, as well as participate in groups addressing subjects such as account transfers and digital signatures. It will provide specialists to contribute to the evolution of new industry solutions.
Latest News
Creating value together: Strategic partnerships in the age of GCCs
As Global Capability Centres reshape the financial services landscape, one question stands out: how do leading banks balance in-house innovation with strategic partnerships to drive real transformation?
Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories