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

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 ...

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 ...

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 ...

This is an archived article and the information in the article may be outdated.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

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 ...

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 ...