The new service dubbed SWIFT Go has been launched and is already being used by seven major global banks. The banks include BBVA, BNY Mellon, DNB, MYBank, Sberbank, Societe Generale, and UniCredit. SWIFT GO is designed to enable businesses and consumers to send payments quickly and securely anywhere in the world directly from their bank accounts, per the press release. The service pre-validates data and uses tighter service level agreements between institutions to enable banks to provide customers with a fast and predictable payments experience. SWIFT GO runs on SWIFT GPI (global payment innovation), which deals with high-value payments.