Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid Western sanctions.

Chainlink extended its streak of cooperation with traditional finance, this time aiming to integrate the Swift interbank ...

The XRP community asserts that the SWIFT system is becoming obsolete due to its slow, costly, and outdated processes.

As FedWire becomes the latest ISO 20022 migration to get pushed back, Vantage Bank and Wings Credit Union discuss the ...

The multi-year SWIFT gpi initiative has been rolled out in stages by ... pressure has been mounting for heightened transparency and a more streamlined cross-border payments system that minimises the ...

In March 2012, the EU cut off Iranian banks from SWIFT, the world’s biggest electronic payment system, as part of its sanctions over Iran’s controversial nuclear program. In late August 2014 ...

President Trump has threatened punitive tariffs on BRIC nations for exploring alternatives to the dollar for international ...

have agreed to sever some Russian banks' links to an international payment system. SWIFT, a.k.a. the Society for Worldwide Interbank Financial Telecommunication, facilitates international trade ...

TASS/. Russia is actively working with foreign partners to pair their national payment systems alternative to SWIFT. Head of the Department of Economic Cooperation at the Russian Foreign Ministry ...

hackers targeted the central bank of Bangladesh and exploited vulnerabilities in SWIFT, the global financial system’s main electronic payment messaging system, trying to steal $1 billion. While most ...