BankClarity is "Killing Callbacks" with Swift Enabler Status
BankClarity achieves Swift Enabler status
BankClarity achieves a first with Enabler status in the Crown Dependencies.
Why does this matter?
Swift, the world’s leading provider of secure financial messaging services, with over 13.4+ billion messages sent over its network in 2024, continues working with its community to deliver capabilities for every stage of the transaction lifecycle.
These include Payment Pre-validation, enabling verification of payee account details before an international payment is sent, removing frictions and identifying instances of fraud.
Swift’s APIs give the community access to new capabilities. They introduce standardised payment formats based on ISO 20022, tapping into back-end mutualised services, and bringing new features to help improve the way we manage risk and customer service in cross-border banking.
Swift have given global authorisation to users of BankClarity's software to access their network. https://www.swift.com/about-us/swift-partner-programme/find-partner/swift-platform-partners/platform-partners-directory
BankClarity’s Enabler status with Swift allows us to embed these features in-app: payee credentials validation, live payment tracking and many more features all integrated into your 'own-brand' integrated banking hub workflows.
This is transformational for customer service outcomes and risk management. Add our white-labelled Mobile Portal configured for your clients or users; enabling live tracking, transaction approval, account history and verification of payees securely and ‘on the move'.
Consumers have had the benefit of these features via their banking apps for some time and the bar is set high: this is long overdue in cross-border payments.
Our ultimate ambition? 💥 Kill callbacks 💥 , a scourge on customer experience and rapidly becoming obsolete.
Swift Enabler status authorises BankClarity (we are the first in our core market!) to provide these features ‘out of the box’ for our clients who are Swift members. If you run your own Swift infrastructure this is Nitro-powered access to new features. Combined with our partnership with DiXiO, the global Swift managed-service experts, this means global firms have access to an embedded, configurable, and transparent payments platform integrated with banks and ERP(s) for straight-through processing and enhanced controls.
Payments fraud is an arms race. Win with BankClarity. https://www.swift.com/about-us/swift-partner-programme/find-partner/swift-platform-partners/platform-partners-directory