Source: en.wikipedia.org
President Joe Biden announced this week that the U.S. and Europe and other allies were stepping up their sanctions against Russia over its invasion of...
The EU and the U.S. are formally signing off on sanctions against Russia in response to President Vladimir Putin’s decision to invade Ukraine, but the...
U.K. Prime Minister Boris Johnson on Thursday (Feb. 24) pushed “very hard” to remove Russia from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) international...
In times of war — or of armed conflicts that are wars in all but name — payments can be weaponized (after a fashion). Or,...
British Prime Minister Boris Johnson is considering banning Russia from the SWIFT global payments system, and is in discussions with the U.S. about the matter,...
The Russian financial system could survive even if disconnected from the global SWIFT interbank payment system, according to the head of the country’s VTB Bank,...
Global banking network SWIFT is closing 2021 by highlighting its progress toward enabling cross-border frictionless transactions and looking ahead to 2022 as it sets the...
Since launching the offering in July, SWIFT has signed 100 banks to use its SWIFT Go money transfer product. Ten financial institutions have already gone...
Bottomline, which provides financial technology to simplify business payments, has announced a new application programming interface (API)-based payments tracking service, according to a press release....