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Commerce & Finance · Recorded milestone

SWIFT payment network

Recorded year1977

Banks worldwide exchange standard payment messages electronically.

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Built on

Integrated circuitRecorded · 1958requires
Packet switchingRecorded · 1965enables

Led to

Instant payment systemsRecorded · 2016enables

Sources & evidence

Additional source

Dataset updated 2026-10-18. This individual record has not been separately re-reviewed.