HSBC and Standard Chartered have successfully completed the first live banking transaction using Swift’s new 24/7 ledger, marking a significant milestone in cross-border banking technology, according to CoinDesk.
This development highlights Swift’s push to modernize global banking infrastructure by enabling continuous, real-time transaction processing outside traditional business hours. The 24/7 ledger aims to improve efficiency and reduce settlement times for international transactions.
For Japanese markets, where timely and secure cross-border payments are crucial for FX and equity trading, this advancement could enhance liquidity and operational efficiency in global financial flows.