Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid Western sanctions.

Chainlink extended its streak of cooperation with traditional finance, this time aiming to integrate the Swift interbank ...

The XRP community asserts that the SWIFT system is becoming obsolete due to its slow, costly, and outdated processes.

The multi-year SWIFT gpi initiative has been rolled out in stages by ... pressure has been mounting for heightened transparency and a more streamlined cross-border payments system that minimises the ...

In March 2012, the EU cut off Iranian banks from SWIFT, the world’s biggest electronic payment system, as part of its sanctions over Iran’s controversial nuclear program. In late August 2014 ...

Brazil pushes crypto in BRICS trade, aiming for digital settlements to reduce reliance on Western financial systems and the U ...

have agreed to sever some Russian banks' links to an international payment system. SWIFT, a.k.a. the Society for Worldwide Interbank Financial Telecommunication, facilitates international trade ...

The Russian top diplomat noted that the topic of the SWIFT payment system is being used to aggravate the situation, to issue ultimatums and threats MOSCOW, December 1. /TASS/. Russia advocated ...

This week, it's been reported that more than 50 countries are ready to accept the BRICS Payment System, effectively ditching the SWIFT payment system. And despite fierce pushback from Washington ...

Hedera’s panel discusses stablecoins' impact on crypto payments, focusing on efficiency, regulation, and adoption.

Bhutan’s international payment systems showed mixed trends in the fourth quarter (Q4) of 2024, recording a sharp increase in transaction value despite a decline in overall payment volume, according to ...

hackers targeted the central bank of Bangladesh and exploited vulnerabilities in SWIFT, the global financial system’s main electronic payment messaging system, trying to steal $1 billion. While most ...