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 ...

What exactly is the SWIFT banking system? It allows financial institutions around the world to communicate quickly and efficiently. Seven Russian banks are being banned from the system.

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.

SWIFT has launched a Correspondent Banking Suite that provides a single solution for banks seeking cost-effective access to SWIFT while increasing the efficiency and security of their ...

SWIFT’s Chief Innovation Officer, Tom Zschach, has raised doubts about whether Ripple’s technology and the XRP token can meet ...

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.

Supported by Swift’s infrastructure, Ant International, a global Fintech provider, and Standard Chartered Bank have launched live production trials for a ...

A bank typically asks a customer, who wishes to undertake a cross-border transaction, about the receiving bank’s SWIFT code, or electronic address, without which money can’t be transferred.