The IFSC codes for erstwhile Syndicate Bank customers will be changed from July 1 this year. The bank was merged with Canara Bank in April 2020 as part of a slew of bank mergers undertaken by the ...

QIIB has introduced the ‘SWIFT GPI Tracker’ service through its mobile banking app, becoming the first bank in Qatar to offer ...

QIIB has introduced the SWIFT GPI Tracker service through its mobile banking app, becoming the first bank in Qatar to offe ...

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.

The SWIFT system could be used in a sanction against Russia with the country being removed from the financial system. What is SWIFT and what effect would this have?

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.

The groundwork for a system of international payments that bypasses the sclerotic SWIFT network has been created. Now the banking industry needs to get behind the switch to blockchain-based payments.

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.