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Form3 opens up new ways to connect to SWIFT

Cloud payment provider Form3 has announced the implementation of its API solution to connect financial institutions to the SWIFT network.  The API connective link will...

SWIFT claims CBDC’s have reached “major milestone” in cross-border transactions

“Central Bank Digital Currencies (CBDCs) can move seamlessly on existing financial infrastructure”, according to research carried out by financial messaging service SWIFT.  The findings confirm...

SWIFT enlists Chainlink’s services to broaden its blockchain capabilities

Interbank messenger SWIFT is working alongside blockchain data provider Chainlink to develop a cross-chain interoperability protocol (CCIP).  Initially being built on proof-of-concept, the CCIP will...

Paysend and Currencycloud partner to ‘simplify’ multi-currency payments

Paysend will expand the multi-currency payment capabilities to its newly launched business product by partnering with Currencycloud.  The UK fintech will work with Currencycloud to...

SWIFT and Capgemini explore CBDC cross-border functionality

According to SWIFT, CBDCs can be used internationally if their domestic use design is repurposed.

Pilot service to launch for accelerated cross border payments 

EBA CLEARING, SWIFT, and The Clearing House (TCH) have come together for the formation of a pilot service that bolsters immediate cross-border (IXB) payments.  The...

Xace clients get multi-currency integration

UK-based gaming payments provider Xace has announced that it is now supporting multi-currency IBANs and SWIFT-supported transactions. The company’s previous product line could operate only...

EU orders SWIFT removal of seven Russian banks

In a statement issued today, the European Union has announced that a total of seven Russian banks will be taken off from SWIFT. The move...

Peter Klein: ‘SWIFT removal unlikely to have significant impact on the...

Economic sanctions have been the most significant tool from the West when it comes to impacting Russian aggression against Ukraine - with many citing...

Mastercard to block ‘multiple financial institutions’ in Russia

Mastercard has released a statement stating that ‘multiple financial institutions’ in Russia have been blocked from the Mastercard payment network.  This comes as Western Leaders...

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