What exactly is the SWIFT banking system? It allows financial institutions around the world to communicate quickly and efficiently. Seven Russian banks are being banned from the system.

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.

The SWIFT system could be used in a sanction against Russia with the country being removed from the financial system. What is SWIFT and what effect would this have?

The IFSC codes for erstwhile Syndicate Bank customers will be changed from July 1 this year. The bank was merged with Canara Bank in April 2020 as part of a slew of bank mergers undertaken by the ...

SWIFT’s Chief Innovation Officer, Tom Zschach, has raised doubts about whether Ripple’s technology and the XRP token can meet ...

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.

SWIFT has admitted that cyberattacks leveraging the banking messaging system and poor local security have grown worldwide and asked for vigilance against threats which are "here to stay." On ...

DOHA: QIIB has introduced the SWIFT GPI Tracker service through its mobile banking app, becoming the first bank in Qatar to ...

QIIB has introduced the ‘SWIFT GPI Tracker’ service through its mobile banking app, becoming the first bank in Qatar to offer ...

Supported by Swift’s infrastructure, Ant International, a global Fintech provider, and Standard Chartered Bank have launched live production trials for a ...