Recent reactions to US policymaking and tariffs have contributed to a decline in the dollar’s value, leading some to reexamine its role as the safe-haven currency.

SWIFT sunsetted the MT (Message Type) format for financial messaging on Saturday, Nov. 22. Having migrated to ISO 20022, global banks are now positioned to accelerate blockchain adoption. ISO 20022 ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. Many a well-funded fintech upstart has burst onto the ...

More than 11,000 banks and financial institutions rely on the SWIFT messaging network for financial transactions. In 2022, the SWIFT network registered an impressive average of 44.8 million messages ...

BRICS is developing a gold-backed digital “Unit” explicitly designed for cross-border trade. The goal is to reduce dependence on the U.S. dollar, strengthen trade sovereignty, and simplify settlements ...

BRUSSELS--(BUSINESS WIRE)--Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border ...

Cross-border payments keep the world connected, fueling everything from international trade to daily transactions. However, in the rapidly developing world, traditional systems like SWIFT might find ...

Swift, UBS Asset Management, and Chainlink have completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would reportedly enable digital ...