Under the Radar: How is Swift facilitating cross-border transactions and ensuring interoperability of CBDCs?

Your Way Home with Hongbin Jeong · Dec 8, 2023 · 23m

Messaging tools are much needed not just between individuals like you and me, but also between banks and financial institutions to support global and local financial flows, as well as trade and commerce all around the world. Founded in 1973, our guest Swift is a global member-owned cooperative and also the world’s leading provider of financial messaging services. While it does not hold funds or manage accounts on behalf of customers, Swift enables its community of users to communicate securely and exchange standardised financial messages in a reliable way. So far, its platform, products and…