Tag: swift
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...
Joe Biden: ‘Removing Russia from SWIFT is not the route European...
The power struggle over whether to inflict what many are citing as the most impactful economic sanction on Russia, in removing them from the...
Chris Weafer: ‘Very extreme action’ of removing Russia from SWIFT remains...
The European Union is unlikely to remove Russia from the SWIFT global interbank payments system, despite mounting political pressure from the international community amid...
Boris Johnson to target Russian banks as UK maps out initial...
UK Prime Minister Boris Johnson is set to take aim at Russian banks as he sets out the UK’s initial set of sanctions in...
Boris Johnson continues US discussions to remove Russia from Swift
As tensions amplify on the border dispute between Ukraine and Russia, Prime Minister Boris Johnson has outlined sanctions to deny Russia access to global...
