Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology solutions, has expanded its longstanding relationship with Swift by joining the Swift Partner Program as a Platform Partner.
As a Partner, Fiserv will “enable connectivity to Swift APIs and enhance support for Swift GPI (Global Payments Initiative) for Fiserv client financial institutions.”
Swift API connectivity “enhances end-to-end transparency for cross-border payments in real time and facilitates full visibility on the status of those payments for Fiserv client banks.”
The combination of the unparalleled reach and security of Swift “with the unmatched footprint of Fiserv as the largest global provider of technology to financial institutions offers an opportunity for more financial institutions to readily access modern cross-border payments capabilities.”
The Swift Partner Program membership has “generated significant interest among Fiserv clients, with multiple financial institutions already committed to take advantage of the enhanced speed and transparency of cross-border payments that Swift API connectivity will provide.”
Rossana Thomas, Vice President and Head of Enterprise Payments Platform at Fiserv in EMEA, said:
“Our membership in the Swift Partner Program underscores our commitment to the strategic vision of leveraging APIs to facilitate access to Swift services. This is another way we can facilitate payment modernization on behalf of our clients and the wider Swift community in Europe and across the globe.”
In a world moving faster than ever before, Fiserv helps clients “deliver solutions in step with the way people live and work today – financial services at the speed of life.”
As covered, Fiserv, Inc. says it aims “to move money and information in a way that moves the world.”
As a global firm focused on payments and financial technology, the company helps clients achieve results through “a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform.”
