SWIFT

Cybersecurity risks in international payments, lessons from shocking incidents

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International payments are becoming the mach of the global economy. Experts warn of the risks and lessons to learn to protect this system.

More than 20 Russian banks face the risk of being excluded from SWIFT

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The European Union (EU) is considering removing more than 20 banks in Russia from the international payment system SWIFT.

BRICS deceived Swift, inviting outsiders to use their own payment system

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The general payment mechanism of BRICS is not only for member countries, according to Russian Foreign Minister Sergei Lavrov.

US considers making a transfer, Russia has a chance to return to SWIFT

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The US is considering the possibility of loosening some of Russia's sanctions, including reconnecting Russian banks with the SWIFT payment system.

US sanctions Russian bank last linked to SWIFT

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Russia's last major bank with access to the international payment system SWIFT has just been sanctioned by the US.

Putin announces BRICS' own payment framework

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BRICS' own payments framework helps member countries trade efficiently and independently.

159 countries want to use the new BRICS payment system

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The new BRICS payment system allows transactions without the need for USD.

Russia exposes BRICS's "blockbuster" payment platform to SWIFT

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BRICS is moving towards an independent digital payment platform, replacing the Western SWIFT system.

BRICS announces payment system similar to SWIFT

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BRICS's development of its own payment system to replace SWIFT will help member countries reduce their dependence on the West.

BRICS countries are about to abandon Western payment system SWIFT

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BRICS countries Russia - China are promoting the domestic payment system to replace the West's SWIFT.

EU may ease sanctions on Russia

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The EU could ease sanctions against Russia to save the Black Sea grain deal.

Russia and BRICS develop new global reserve currency

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Russia and the remaining BRICS countries will establish a new global reserve currency based on the basket of currencies of the 5-national bloc.

The EU is not afraid to risk completely eliminating Russia from SWIFT

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The European Union has decided to remove some Russian banks from the international SWIFT system, but admitted that it cannot do so fully.