The Business Times

Swift

Banking & Finance

Swift and top global banks working on blockchain-based overhaul

It may soon be possible to send funds to people and have them receive it almost immediately.
Opinion & Features
THE BROAD VIEW

Your money will be gone in 60 seconds, and that’s good

Around 90 per cent of the world’s central banks are now exploring digital versions of their currencies.
Banking & Finance

Swift planning launch of new central bank digital currency platform in 12-24 months

The West blocked access to Swift for several Russian banks, including Sberbank and VTB, soon after Moscow invaded Ukraine in February last year to target Russian trade.
International

India using Swift global payment system to settle US dollar payments with Russia: source

Bybit said customers can use other methods to buy and withdraw crypto.
Companies & Markets

Crypto exchange Bybit suspends US dollar payments via bank transfers

The remittances market, where it costs US$13 on average to send US$200 across borders, is ripe for disruption, according to Ritesh Shukla.
Banking & Finance

Payment giant has Swift alternative for 32 million Indian expats

China is well advanced with real-life trials of an e-yuan.
Startups

Swift sets out blueprint for central bank digital currency network

As a global financial artery, Swift delivers secure messages among 11,000 companies in over 200 countries and territories, directing trillions of dollars in transactions.
Technology

Swift financial-messaging system pilots blockchain project

Sberbank, Russia's biggest lender will be excluded from the Swift financial messaging system.
Banking & Finance

EU to exclude Russia’s biggest bank from Swift

A SENIOR Russian central bank official said on Wednesday (May 25) that some banks would need additional capital and that the country's top 20 lenders would be assessed for their financial strength by the end of the month.
Banking & Finance

Russian central bank official says some banks need additional capital

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