LA HULPE, Belgium (Reuters) - More than a dozen current and former board directors and senior managers of SWIFT, the bank messaging system that helps transmit billions of dollars around the world ...

SWIFT, the global bank messaging network, has announced plans to launch a new platform within the next one to two years. This platform will connect the emerging central bank digital currencies (CBDCs) ...

President Joe Biden unveiled new sanctions against Russia on Thursday in response to President Vladimir Putin's decision to invade Ukraine, and said that collectively, they will be "more consequential ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (The Hill) — The White House on Saturday ...

BERLIN (Reuters) - The German government is not aware of any planned changes to European Union sanctions against Russia, a spokesperson said on Wednesday, commenting on Moscow's demand that Russian ...

Ripple aims to use XRP for cross-border settlement and liquidity, not to replace SWIFT’s banking communication system.

(Reuters) - Hackers released documents and files on Friday that cybersecurity experts said indicated the U.S. National Security Agency had accessed the SWIFT interbank messaging system, allowing it to ...

Almost four years after the Kremlin’s war on Ukraine began, many Russians have adapted to life without the SWIFT banking and payment system. Several major banks were cut off from SWIFT in 2022 under ...

The groundwork for a system of international payments that bypasses the sclerotic SWIFT network has been created. Now the banking industry needs to get behind the switch to blockchain-based payments, ...

The West's sanctions are pushing Russia to develop alternative payment systems with its trade partners. Russia's SPFS and Mir systems, China's CIPS, and India's UPI help aim to challenge SWIFT's ...