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) ...

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 ...

Tokenized funds and deposits are edging toward the mainstream, though regulation, infrastructure and security remain obstacles.

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 continues to roll out new company-focused initiatives as its corporate user-base grows. As SWIFT’s corporate membership figures rise—the number currently stands at around 970–the bank-owned ...

April 25 (Reuters) - SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers on Monday that it was aware of "a number of recent cyber ...

IFSCA has directed IFSC Banking Units to clearly include GIFT IFSC Banking Unit in their SWIFT BIC names to avoid misrouting of cross-border remittances. Compliance reporting is mandatory by June 30, ...

Global banking cooperative SWIFT plans to ring in 2025 by launching AI-enhanced fraud detection capabilities. The new function will give financial institutions more accurate insight into potentially ...

This is an archived article and the information in the article may be outdated.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

LA HULPE, Belgium (Reuters) - More than a dozen current and former board directors and senior managers of SWIFT, the bank messaging system that helps transmit billions of dollars around the world ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. A year on from the downfall of the pan-Nordic payment ...