StoneX Becomes Member of the SWIFT Platform Partnership Program

StoneX Group Inc.​(StoneX), a diversified global brokerage and financial services firm, announced today that it has become a member of the SWIFT Platform Partnership Program through its wholly-owned subsidiary, StoneX Technology Services LLC, furthering the group's commitment to offering clients the latest in digital platforms to improve their payments experience.

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According to the official press release, with this membership, StoneX's customers are enabled to  connect directly to the full suite of Application Programming Interface (API) connectivity to the SWIFT network. These APIs deliver a new level of end-to-end transparency, including real-time status information for international payments. This new capability allows the group and its clients to have full visibility into the status of their cross-border payments throughout the transaction lifecycle.

Venkat Banavar V., Head of SWIFT Bureau Business for StoneX Technology Services, commented, "This partnership with SWIFT will deliver StoneX's clients with more transparency into, and control over, their financial transactions. These best-in-class APIs will greatly enhance the client experience, enabling them to access StoneX Global Payments products and services."

"This partnership is an important milestone in easing adoption, extending reach, and enabling StoneX customers to benefit from the range of innovative API-based services available on SWIFT. We're delighted that the initial launch has gone smoothly and we are now ready to scale globally for the wider SWIFT user community," Darren Holdstock, Head of Platform Partners at SWIFT, stated.