This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The European Payment Council’s One-Leg-Out Instant Credit ...

In a landmark trial, Citi and Swift proved it's possible to settle payments between fiat and digital currencies in a ...

SWIFT and Ripple represent two models of global finance: legacy trust versus blockchain efficiency. ISO 20022 acts as the ...

The two institutions contend that interoperability between crypto ledgers and traditional financial systems is possible.

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the programme, Swift will deliver a bank agnostic ...

Swift, UBS Asset Management, and Chainlink have completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would reportedly enable digital ...

A 15% decline in SWIFT transactions highlights a migration toward faster digital systems like XRP Ledger, where XRP Tundra expands blockchain efficiency into DeFi utility.

Explore how BRICS is challenging SWIFT to enhance financial sovereignty and reduce reliance on the dollar-dominated system.

South Africa's Finance Minister Enoch Godongwana speaks during his 2023 budget speech in Cape Town JOHANNESBURG (Reuters) - South Africa's finance minister said on Thursday that the BRICS grouping ...

In February 2022 protesters of Russian warmongering daubed their faces with paint, draped themselves in Ukrainian flags, and clutched signs bearing passionate messages about, of all things, the ...

In a recent interview on the Irish radio program Newstalk, European Central Bank President Christine Lagarde listed the payment systems that most Europeans depend on for everyday transactions. “Visa, ...

Citi (NYSE: C) and Swift announced a trial that seemingly confirms the feasibility of settling payments between fiat and ...