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 ...

This is an archived article and the information in the article may be outdated.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

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, 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) ...

MOSCOW (Reuters) -The United States gave JPMorgan permission to process payments for agricultural exports via the Russian Agricultural Bank, but the arrangement was no substitute for reconnecting the ...

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 ...

Brics countries “have not and are not” creating an alternative to Swift in their pursuit of financial cooperation, Russian President Vladimir Putin said at the conclusion of the bloc’s annual summit ...

The shift to ISO 20022 presents vast opportunities in the financial sector by offering enhanced data quality, global standardization, and operational efficiency. It requires strategic adaptation, ...

UNITED NATIONS, June 13 (Reuters) - The United Nations on Thursday warned of "potentially catastrophic ramifications" in Yemen from competing monetary authorities and a threat by the government to cut ...