MOSCOW, April 22. /TASS/. Many countries will soon connect to the System for Transfer of Financial Messages (SPFS), Russian equivalent of SWIFT, Anatoly Aksakov, head of the State Duma Committee on ...
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 ...
The EU and Group of Seven (G7) nations are considering measures targeting third-party lenders helping Russia evade sanctions, Bloomberg reported on June 1, citing its undisclosed sources. In ...
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