SWIFT, the global bank messaging network, has announced plans to launch a new platform within the next one to two years. This platform will connect the emerging central bank digital currencies ...

The E.U. is considering disconnecting around 15 Russian banks from the international SWIFT banking system as part of its 16th sanctions package against Russia, Bloomberg reports, citing sources ...

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank globally to have migrated to cloud-native architecture using ZERO footprint topology and the ...

The bloc is also proposing restrictions on more software, hardware and other technologies used in weapons systems.

SWIFT – Society for Worldwide Interbank Financial Telecommunication – was set up in 1973 as a secure messaging system that allows around 11,000 financial institutions to clear payments.

UK Defence Secretary Ben Wallace says the government wants to throw Russia out of the Swift banking system. The Princess of Wales has made a personal visit to thank staff at the hospital where she ...

In addition to the SWIFT restrictions, the EU is also considering a phased ban on Russian aluminum imports and sanctions on ...