SWIFT, a global payments giant, has started experimenting with Ripple’s XRP Ledger and Hedera’s Hashgraph (HBAR), two ...

The talks, which took place at a recent Banking Association of South Africa board meeting, reportedly centred on concerns ...

Some financial experts agree, and say the banking sanctions could also be less disruptive to global financial systems than wrenching Russia out of the SWIFT system would be.

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 ...

Economists have warned that any sanctions blocking South African banks from the global SWIFT system would be disastrous for the country.

“Financial fragmentation in 2025 is being driven by regulatory divergence and a lack of interoperability between financial systems,” he said in an emailed reply to questions.

Cutting Russia out of the SWIFT financial system is one of the heaviest steps the U.S. and its allies could take.

The attackers who stole $81 million from the Bangladesh central bank probably hacked into software from the SWIFT financial platform that is at the heart of the global financial system, said ...