What they've "invented" is the monopoly on financial DRM that (if they can get governments to fall for it) will make all "liquid money" ILLEGAL.

That'll put everyone on Earth subject to:

1. One-click immobilization, impoverishment and 'virtual un-personhood'.
2. Un-avoidable taxation at every level of earning and spending.
3. By extension, universal tracking of movement and acquisitions.

SWIFT isn't good enough to prevent 'laundering' and "hoarding", so it will be replaced.