SWIFTâs Global Payments Innovation Initiative Will Transform Cross-Border Payments - More Than 70 Banks Worldwide Collaborate To Dramatically Improve The Cross-Border Payments Experience With Greater Speed, Transparency And End-To-End Tracking.

SWIFT announces today that 73 banks worldwide have now joined its global payments innovation initiative, designed to improve the cross-border payments experience. Recent banks to join the initiative include, Alfa-Bank, Axis Bank, Banco de Crédito del Peru, Banco do Brasil, Bangkok Bank, Bank of Nova Scotia, Banque Européenne d’investissement, CaixaBank, Canadian Imperial Bank of Commerce, Credit Agricole, CTBC Bank, E.Sun Commercial Bank, Fifth Third Bank, ICICI Bank, Itaù Unibanco, Mashreq Bank, Promsvyazbank, Rabobank, Svenska Handelsbanken, Swedbank, TMB Bank and U.S. Bank.