Swift Launches Cross-Border Payment Framework With Bank of America and J.P. Morgan Across 25 Countries

Over 60 banks from 25 countries are already backing the framework, and it went live this year. Bank of America and J.P. Morgan are among the first U.S. banks to actually implement it. So J.P. Morgan is basically hedging — traditional rails on one side, tokenized infrastructure experiments on the other. Which banks are live on the new Swift framework in the U.S.? Bank of America and J.P. Morgan are among the first U.S. banks to implement the framework, which launched on August 5 with over 60 banks from 25 countries participating.