Swift

Swift to Launch AI-Powered Fraud Defence to Enhance Cross-Border Payments

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October 17, 2024 at 04:50PM Swift announced the launch of AI-enhanced fraud detection for global payments in January 2025, following successful collaboration with banks. This service builds on existing capabilities, using data to identify suspicious transactions in real-time. The initiative aims to combat financial fraud, which cost the industry $485 billion in 2023. **Meeting Takeaways: … Read more

Organizations Respond to HTTP/2 Zero-Day Exploited for DDoS Attacks

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October 11, 2023 at 08:24AM Tech companies including Cloudflare, AWS, and Google have responded to the HTTP/2 zero-day vulnerability that led to massive distributed denial-of-service attacks. The attacks exploited the HTTP/2 Rapid Reset feature, resulting in servers being taken down. Organizations like CISA, Microsoft, NGINX, F5, Netty, Apache, Swift, and Linux distributions have issued advisories … Read more