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) ...

NEW YORK -- As Western allies levy increasingly harsher economic sanctions against Russia for its invasion of Ukraine, the latest target involves Russia's access to SWIFT. An acronym for Society for ...

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 ...

SWIFT is integrating blockchain-based shared ledgers into its core infrastructure to connect fragmented digital asset networks. The strategy prioritizes regulated digital assets, including tokenized ...

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.

This is an archived article and the information in the article may be outdated.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 ...

BRUSSELS (Reuters) - Belgium-based SWIFT, which facilitates the bulk of global cross-border payments, will on Saturday cut off Iranian banks blacklisted by the European Union over Tehran's nuclear ...

MUMBAI (Reuters) - India's City Union Bank Ltd said on Saturday it had suffered three "fraudulent remittances" of nearly $2 million that had been pushed through the SWIFT financial platform. City ...