If you are in the financial services community, you are likely well-aware of and well-acquainted with SWIFT and the services it performs. As a quick primer for the uninitiated, SWIFT is an acronym for the Society for Worldwide Interbank Financial Telecommunication, a cooperative built over forty years ago by banks and financial institutions globally to address a mutual problem: A better, more secure, and automated way to communicate inter-bank payments across borders. SWIFT addressed this common issue, and today, it is a world-leading provider of secure messaging services for over 11,000 banks, financial organizations, and enterprises in over 200 countries.
