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) ...

I’ve been going viral lately. I haven’t heard my last name this many times since Taylor Swift ran her Suzuki Swift into the back end of a Swift Trucking semi. My family should have trademarked the ...

SWIFT is always at the forefront of payment innovation. So, in true SWIFT style, the organization has recently launched a new standard for low-value international payments, name SWIFT Go. Momentum to ...

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 ...

Western nations recently cut Russia out of the SWIFT global banking system. But one expert says the initial claims of how damaging it would be for Russia were exaggerated. In reality, Russia has many ...

SWIFT handles +44 million transfers, also called encrypted messages, daily. It is the most used system to transfer funds globally. Whether you're a finance professional or simply someone who ...

The bank-to-bank transfer using the SWIFT system was symbolically important, indicating the war-torn country was reintegrating into the global financial community. By Neil MacFarquhar and Reham ...

A former CSO of the World Bank Treasury calls the SWIFT system outdated and open to malware attacks. Those vulnerabilities could lead to manipulation of financial transactions. SWIFT is the interbank ...