SWIFT sunsetted the MT (Message Type) format for financial messaging on Saturday, Nov. 22. Having migrated to ISO 20022, ...
President Joe Biden unveiled new sanctions against Russia on Thursday in response to President Vladimir Putin's decision to invade Ukraine, and said that collectively, they will be "more consequential ...
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West blocks SWIFT — Russia unleashes a secret fintech war to keep its money flowing
Almost four years after the Kremlin’s war on Ukraine began, many Russians have adapted to life without the SWIFT banking and payment system. Several major banks were cut off from SWIFT in 2022 under ...
BRUSSELS/WASHINGTON (Reuters) - Belgium-based SWIFT, which provides banks with a system for moving funds around the world, bowed to international pressure on Friday and said it was ready to block ...
Russia should be cut off from the SWIFT bank-messaging system as a punishment for invading Ukraine, three countries in the eastern part of the European Union said on Thursday. Their call was echoed by ...
WASHINGTON, Feb 18 (Reuters) - A move banning Russia from the SWIFT financial system is unlikely to be included in an initial sanctions package against Russia if it invades Ukraine, a White House ...
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