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 ...

Ripple aims to use XRP for cross-border settlement and liquidity, not to replace SWIFT’s banking communication system.

Eric Trump, the executive vice president of the Trump Organization, delivered a fiery indictment of the global financial system during a panel at the Token2049 conference in Dubai, calling it "broken, ...

Moscow, which has repeatedly complained that the U.N.-brokered agreement is one-sided in Ukraine’s favor, said it could return to the deal if its demands were met. By Matthew Mpoke Bigg, Ivan ...

This is an archived article and the information in the article may be outdated.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. WASHINGTON (AP) — U.S. President Joe Biden ...

DUBAI, Sept 13 (Reuters) - Growth in financial transactions messaging system SWIFT's traffic volumes in the Middle East and Africa has accelerated by double-digit percentages this year as banks expand ...

MUMBAI (Reuters) - India's City Union Bank Ltd said on Saturday it had suffered three "fraudulent remittances" of nearly $2 million that had been pushed through the SWIFT financial platform. City ...

In effect, it represents a declaration of independence from the U.S.-dominated global payments system known as SWIFT. For the first time in roughly eighty years, major economies are conducting ...

The crypto entrepreneur wants to turn his Tron blockchain into the virtual asset industry's answer to the banking sector's Swift network Cryptocurrency entrepreneur Justin Sun says he is trying to ...