I just found this, now I am even more confused about whats going in with Swift. I hope you can explain mate..
If iSignthis can put its own Tier 1 arrangements in place via Europe's TARGET2 framework, the company's Paydentity platform will be able to facilitate incoming and outbound transactions independently of SWIFT.
https://www.businessnewsaus.com.au/articles/isignthis-suspends-outbound-swift-transfers-over-money-laundering-concerns.html