What will the financial system of tomorrow look like? According to Nick Kerigan, our Head of Innovation, three transformative forces are converging: tokenisation, AI and quantum computing. While technology will reshape how finance operates, some fundamentals will remain unchanged. Trust, high-quality data and common standards will continue to underpin any future financial system. What comes next will combine new capabilities with trusted foundations to deliver better outcomes for customers. Read Nick's latest perspective: lnkd.in/eir-ZgQJ #Innovation #AI #Tokenisation #Payments

Implemented in 9 months. Global from day one. Swift's blockchain-based ledger is ready for use, with ANZ, BNP Paribas, BNY, Citi, DBS Bank, First Abu Dhabi Bank (FAB), FirstRand, HSBC, Itaú Unibanco, Lloyds Banking Group, Mashreq, MUFG, OCBC, Standard Chartered, UBS, UOB and Wells Fargo preparing to pilot 24/7 tokenised cross-border payments. This is a significant step towards scaling tokenised finance powered by the standards, security and global reach the industry relies on. By combining distributed ledger technology with Swift’s secure messaging network, the ledger: -Enhances liquidity efficiency -Improves cash flow visibility -Enables seamless token recognition What’s next? This is the first use case. The ledger creates a foundation for future innovation in areas like programmable money and agentic commerce, and we're continuing to explore more use cases with our community - helping to take tokenised money closer to scalable, real-world adoption. Find out more: lnkd.in/eAucE_cJ #Ledger #Tokenisation #CrossBorderPayments

We’re pleased to welcome Michael Manos as Chief Information Officer at Swift. Bringing over three decades of experience leading large-scale technology organisations, Michael will play a key role in advancing our platform strategy – enhancing resilience, security and innovation in support of the global financial ecosystem. In this role, Michael will oversee our focus on post-quantum cryptography, our response to frontier AI, and our multi-year roadmap to adopt new cryptographic standards – ensuring interoperability and uninterrupted service as the threat landscape evolves. Javier Perez-Tasso, our Chief Executive Officer, said: “As the financial and technological landscape continues to evolve, Michael will lead our efforts to further strengthen the resilience and security of our platforms, as we embrace digital technologies and enable responsible innovation.” We look forward to this next chapter. lnkd.in/eyCceiTq #Leadership #FutureOfFinance #Innovation #Swift

Our plans to build a blockchain-based shared ledger have reached a major new milestone. After completing its design phase with a global group of banks, we are now shaping the ledger’s first MVP iteration, which will enable interoperability between banks’ tokenised deposits and facilitate 24/7 cross-border payments. 📅The MVP is planned to go live with real-world transactions this year, as we work in parallel with banks internationally to help accelerate the industry's transition to digital finance. The ledger will allow payments to be executed using tokenised deposits, leverages existing compliance processes and supports multiple settlement options. The result? - Faster payment execution - Better liquidity visibility - Reduced reconciliation efforts - Interoperability across institutions ⚡Learn more about how our progress on the ledger is part of a parallel track strategy to power a best-in-class payments experience, however value moves: swift.com/news-events/news/s… #CrossBorderPayments #Ledger