SWIFT Rolls Out New Customer Protection Utility, Fortifying Cyberdefenses
Posted: Wed Apr 12, 2017 9:17 am
SWIFT, a global provider of financial messaging services, has unveiled a new real-time payment controls service for its customers in a bid to help combat cyber threats. The new utility will help fortify existing fraud controls, serving as a first point of defense against hacks.
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In particular, the fraud and cyber-crime prevention service will help enable SWIFT customers to screen their payment messages. This will be filtered through a selected list of parameters, which allows clients to immediately detect any unusual message flows before transmission. The service can be integrated directly into ... (read more)