IBM Expands Digital Banking Infrastructure with Swift Integration

IBM has expanded its digital banking infrastructure by integrating with Swift's blockchain-based shared ledger and extending its Digital Asset Haven platform to on-premises beta deployment.

The integration allows financial institutions to connect to Swift's blockchain-based shared ledger for tokenized deposit transactions, enabling them to build on existing payment message formats and operational processes.

IBM Digital Asset Haven now enables clients to manage digital assets such as stablecoins and tokenized deposits entirely within their own environments.