SWIFT and Ripple represent two models of global finance: legacy trust versus blockchain efficiency. ISO 20022 acts as the ...

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 ...

Blockchains are still synonymous with the wild world of cryptocurrencies, but on Monday, 30 banks and SWIFT – the world’s most important cross-border payment ...

Citi and Swift complete a trial showing how fiat and digital currencies can settle via a PvP model using Swift infrastructure ...

Cross-border payments keep the world connected, fueling everything from international trade to daily transactions. However, in the rapidly developing world, traditional systems like SWIFT might find ...

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 ...

Citi and Swift designed a holistic messaging standard capable of tracking the end-to-end process, from trade initiation to ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The European Payment Council’s One-Leg-Out Instant Credit ...

The U.S. Comptroller of the Currency, Jonathan Gould, announced a commitment to expediting bank merger reviews. He emphasized ...

The European Union may not decide to cut Russia off from the SWIFT global interbank payments system this evening, but the ...