Fiserv joins Swift Partner Programme

Rick Steves

“Our membership in the Swift Partner Program underscores our commitment to the strategic vision of leveraging APIs to facilitate access to Swift services.”

Fiserv has announced that it is deepening its relationship with the financial messaging services giant Swift by joining its Partner Programme as a Platform Partner.

The alliance aims to improve the speed and transparency of cross-border payments for Fiserv’s client banks through Swift API connectivity.

Fiserv enabling connectivity to Swift APIs

The partnership is a significant move for both Fiserv and Swift, particularly as the financial world increasingly leans on advanced technologies to modernize payment infrastructures. By enabling connectivity to Swift APIs, Fiserv aims to offer real-time transparency for cross-border payments and allow its client financial institutions to have full visibility on the status of those transactions.

“Our membership in the Swift Partner Program underscores our commitment to the strategic vision of leveraging APIs to facilitate access to Swift services,” commented Rossana Thomas, Vice President and Head of Enterprise Payments Platform at Fiserv in EMEA.

With Swift’s global reach and secure network, combined with Fiserv’s role as the world’s largest provider of technology to financial institutions, this partnership offers a potent mix of capabilities. It opens up opportunities for financial institutions worldwide to tap into cutting-edge solutions for modern, efficient, and transparent cross-border payment systems.

Multiple client financial institutions of Fiserv have already shown interest in leveraging the enhanced services the Swift API connectivity provides. The development illustrates a growing demand for speedier and more transparent cross-border transactions in the complex landscape of global finance.

API: The Game-Changer

The use of APIs (Application Programming Interfaces) is becoming a game-changer in financial services. Fiserv’s involvement in the Swift Partner Programme aims to capitalize on this trend by leveraging APIs for payment modernization. Swift APIs promise to provide an efficient framework to streamline payment processes and offer real-time updates, a crucial feature for cross-border transactions.

Fiserv’s entry into the Swift Partner Programme comes at a time when financial institutions are under increasing pressure to modernize their operations and adhere to stringent regulatory requirements. Swift’s reputation for security and reliability makes it an attractive partner for entities like Fiserv seeking to elevate their services and meet the demands of a more dynamic financial ecosystem.

By joining forces with Swift, Fiserv reaffirms its commitment to facilitating payment modernization, not just for its client banks but for the broader financial community. As Rossana Thomas aptly said, “This is another way we can facilitate payment modernization on behalf of our clients and the wider Swift community in Europe and across the globe.”

In a financial world that’s rapidly evolving, collaborations like these are steps in the right direction, pointing to a future where payment systems are not just fast, but also transparent and secure.

Read this next

Digital Assets

Binance to phase out BUSD support in two weeks

Binance has announced its plans to gradually phase out support for its native stablecoin, BUSD (Binance USD) by December 15, 2023. This move comes after Paxos, the issuer of BUSD, decided to stop minting new tokens.


Binance Labs invests $3.15M in Open Campus to advance Web3 education

Binance Labs, the venture capital arm of the cryptocurrency giant Binance, has invested $3.15 million in Web3 education platform Open Campus.

Institutional FX

Brighty App unveils EU B2B payment platform amidst exploding market

Brighty App is set to launch its European B2B platform, Brighty Business, this month. This platform is geared towards improving how businesses handle their financial operations, especially in the digital banking and cryptocurrency domains.

Digital Assets

Celsius’ withdrawal process slowed by overwhelming demand

Bankrupt crypto lender Celsius is taking steps to allow certain customers to withdraw their funds. However, some users have reported difficulties in logging in to process their withdrawals, as indicated by posts on various social media platforms.

Digital Assets

Cristiano Ronaldo hit with $1 billion lawsuit over Binance NFTs

Cristiano Ronaldo, the renowned footballer, is facing a class-action lawsuit in the United States over his promotion of Binance, the world’s largest cryptocurrency exchange.

Digital Assets

Zipmex creditors offered 3.35 cents on the dollar payout

Zipmex, a Thai crypto exchange grappling with financial difficulties, has proposed a restructuring plan to repay its creditors.

Digital Assets

FSB warns of risks posed by multifunction crypto-asset intermediaries

The report on Multifunction Crypto-Asset Intermediaries (MCIs) provides an in-depth analysis of these entities which combine various crypto-asset services and products, typically centering around a trading platform. These services can include proprietary trading, investment functions, issuance, promotion, and distribution of crypto-assets, including stablecoins.

Retail FX

Indonesia launches PosPay Gold: a Sharia-compliant physical gold trading app powered by Kinesis

“Partnerships like the just realized POSPay Gold in Indonesia will revolutionize the global monetary system and economy and will enable citizens to have access to trading in gold while being sharia-compliant and having the freedom to realize their everyday financial needs.”

Retail FX

Webull acquires Flink to enter Mexican market ahead of further LATAM expansion

“Given our success in the United States and the establishment of our global headquarters in St. Petersburg, Florida, the Mexican market is a natural next step in our efforts to democratize finance for investors across the world. We anticipate using Mexico as a springboard into greater Latin and South America, where we believe there is a strong desire among retail investors to access global markets.”