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Chainlink and swift demo automated tokenized-equity dividends across four blockchains. October 2, 2026 - By NewsBTC - Original Chainlink and SWIFT demonstrated an automated dividend workflow for tokenized equities across four blockchains, showcasing potential for future integration. Confidence: 80% Horizon: medium-term Key numbers. * 4 blockchains * 2026 SWIFT hackathon * 1 demonstration * 1 runner-up position Market drivers (micro). * Increased interest in tokenized assets * Demand for automation in corporate actions * Growth of interoperability solutions Context (macro). * Rising adoption of blockchain in traditional finance * Regulatory developments in the cryptocurrency space Who wins / who loses. * Winners: Companies developing infrastructure for tokenized assets; Losers: Traditional financial processes that may become obsolete. Scenarios. Base The most likely outcome is the gradual integration of automated workflows for tokenized equities into mainstream financial systems. Alt An alternative scenario could see regulatory hurdles delaying the adoption of such automated systems in the market. What to Watch next. * Watch for further developments in tokenized equity regulations * Look for partnerships between blockchain firms and traditional financial institutions * Monitor the progress of Chainlink's production integrations. Full analysis. Chainlink and SWIFT's automated tokenized-equity dividends. In a groundbreaking demonstration, Chainlink and SWIFT showcased an automated cash-dividend workflow for tokenized equities across four blockchains during the 2026 SWIFT hackathon. This innovative solution aims to streamline corporate actions, which have traditionally been complex and manual processes. The demonstration. The system developed by Chainlink leverages SWIFT messaging, the Chainlink runtime environment, and ISO 20022 standards to coordinate the entire process from announcement to payment and reconciliation. This integration allows institutions to interact with tokenized assets using familiar data frameworks, bridging the gap between traditional finance and blockchain technology. Importance of corporate actions. Corporate actions, such as dividends, stock splits, and rights issues, present significant operational challenges when tokenized assets exist across multiple blockchain networks. The demonstration effectively automates these processes, ensuring compliance and accurate reconciliation without manual intervention. Interoperability and future steps. The focus on interoperability is key, as it enables different blockchain networks to communicate and function together seamlessly. While this demonstration is a significant technical achievement, it is essential to note that it is not yet a production-ready solution. The next steps involve turning this model into a functional workflow that integrates with custodians, transfer agents, brokers, and issuers. Conclusion. The Chainlink and SWIFT collaboration highlights the potential for tokenized capital markets to support real portfolios rather than isolated pilot projects. As tokenized equities continue to gain traction, the companies that can solve the back-office challenges will provide critical infrastructure in the evolving market landscape.

SAB adopts Swift's retail system for cross-border payments. Saudi Awwal Bank has gone live with Swift's retail payments infrastructure, giving customers greater transparency and status tracking on international transfers. What happened. Saudi Awwal Bank (SAB) has gone live with Swift's new retail payments system, giving its customers access to greater transparency and status visibility on cross-border transfers. The integration is designed to smooth out one of the persistent pain points in international payments: inconsistent processing practices and banking requirements across different markets and destinations. The rollout means SAB customers sending money internationally should experience a more predictable and consistent journey, regardless of which country or banking system the funds are moving through. Bandar Al-Gheshayan, SAB's chief wealth and personal banking officer, confirmed the bank's adoption of the Swift capability as part of its ongoing efforts to improve international transfer services. Why it matters. Cross-border payments have long been an area where customer experience breaks down - money disappears into a black box, timelines are unclear, and fees or delays vary unpredictably by corridor. Swift's retail payments infrastructure tackles this by standardising visibility across the transaction lifecycle, which is as much a service-design fix as a technical one. For banks in Saudi Arabia and the wider GCC, where remittance volumes and international commerce are significant, this kind of infrastructure upgrade is a meaningful lever for customer trust. Reducing uncertainty in a historically opaque process directly addresses anxiety-driven support queries and complaints, and it signals to retail and wealth customers that the bank is investing in the mechanics of reliability, not just the interface layer. The renascence take. The headline here is "partnership," but the real story is about a behavioral fix disguised as a plumbing upgrade. Most customers don't abandon a bank because a transfer took three days instead of one - they abandon it because they didn't know it would take three days. Uncertainty, not delay, is the actual experience tax in cross-border payments. What SAB has done with Swift is reduce ambiguity, which behavioral economics tells Renascence is often more valuable to customers than speed itself. The lesson for other regional banks: before chasing faster settlement, fix the visibility gap - it's cheaper, faster to deploy, and customers feel it immediately. This briefing was written by its Newsdesk, synthesising reporting from the outlets below. Follow the links for the original coverage. Questions Renascence get on this topic. Saudi Awwal Bank (SAB) has gone live with Swift's new retail payments system, which gives customers greater transparency and status visibility when sending money internationally. More in Banking Stay ahead of CX Get the signal, not the noise. The stories shaping customer experience - plus the Journal and Experience Loom - in your inbox.

Mashreq collaborates with Citi and Swift to enhance cross-border payments around the clock September 30, 2026 2:41 p.m. Last updated: September 30, 2026 2:58 p.m. Reading time - 2 minutes Mashreq completes transaction with Citi via Swift's blockchain ledger to accelerate and simplify cross-border payments 24/7 using tokenized deposits Mashreq announced the successful completion of a live transaction with Citi using the blockchain-based ledger infrastructure from Swift, in an important step toward developing cross-border payments available around the clock. The initiative uses tokenized bank deposits issued by banks to explore the potential for executing cross-border payments faster. By linking tokenized deposits to Swift's trusted financial messaging infrastructure, the initiative aims to simplify international payment operations and reduce the complexities associated with them, while potentially enhancing the speed of payment execution, the efficiency of liquidity management, and the movement of funds between markets. This partnership comes within the framework of Swift's global initiative. The ledger was designed by more than 40 financial institutions, and 17 banks are participating in piloting it to execute tokenized deposit transactions since Swift announced its readiness for use in July 2026. The initial version of the ledger (MVP) focuses on demonstrating instant, around-the-clock cross-border payments, seven days a week. Vivek Batra, head of global transaction banking at Mashreq, said: "At Mashreq, we believe that the future of payments will depend on greater speed, availability, and interoperability, through trusted financial infrastructure. This partnership with Citi and Swift allows us to explore the potential of next-generation payments, helping our clients move money more efficiently across different markets and time zones." Rizwan Sheikh, head of Services for the Middle East and Africa at Citi, said: "Our collaboration with Mashreq and Swift confirms that cross-border payments, available around the clock and integrated across different systems, have become a tangible reality. This achievement reflects Citi's Services strategy, which aims to connect traditional payment systems with next-generation digital asset networks, contributing to providing around-the-clock payments and enhancing the efficiency of liquidity movement for our clients."