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 ...

The United States and its allies announced an agreement on Saturday to take aim at Russia through SWIFT, a service that facilitates global transactions among thousands of financial institutions. "We ...

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 ...

The White House on Saturday said that the U.S., EU, U.K. and Canada have pledged to remove ‘selected’ Russian banks from the SWIFT interbank messaging network, increasing sanctions on Moscow in the ...

The White House announced Saturday that the United States and allies agreed to block select Russian banks from SWIFT, the global financial messaging system. In a joint statement with leaders of the ...

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 ...

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 ...

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 ...