SWIFT sunsetted the MT (Message Type) format for financial messaging on Saturday, Nov. 22. Having migrated to ISO 20022, global banks are now positioned to ...

(Reuters) - The SWIFT messaging system plans to ask banks to make sure they are following recommended security practices following an unprecedented cyber attack on Bangladesh's central bank that ...

LA HULPE, Belgium (Reuters) - More than a dozen current and former board directors and senior managers of SWIFT, the bank messaging system that helps transmit billions of dollars around the world ...

Russia faces exclusion from a key bank messaging system known as SWIFT. We walk through what it is, why it's important, and what a ban of Russia... The Indicator from Planet Money: What to know about ...

SWIFT and Ripple represent two models of global finance: legacy trust versus blockchain efficiency. ISO 20022 acts as the bridge allowing interoperability between traditional networks and blockchain ...

The West's sanctions are pushing Russia to develop alternative payment systems with its trade partners. Russia's SPFS and Mir systems, China's CIPS, and India's UPI help aim to challenge SWIFT's ...