SWIFT Initiates New High Value Payments Taskforce to Police Infrastructure

[kreslik.news]

SWIFT, a provider of financial messaging services, will be forming a High Value Payments taskforce, part of a global initiative to help police its payments infrastructure, including the oversight for the ISO 20022 messaging standard, per a SWIFT statement.

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High Value Payments (HVPs) form a crucial part of the broader payments realm, with a number of organizations depending on secure access to securities, money markets and payments eco-systems. In addition HVPs also allow for large value and high priority, despite lower volume, payments to be made ... (read more)