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 ...

November 22, 2025 marks a milestone for international finance. On that date SWIFT started two ground breaking initiatives aimed to reshape cross border payments. The first was the completion of the ...

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 ...

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

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 ...

Some of the world’s largest remittance providers are accelerating their digital asset strategies as they look for faster settlement alternatives to traditional banking rails. Western Union’s new ...

Plenty of crypto-oriented news sites reported that the SWIFT organization will run XRP and Hedera tests in November. The group has indeed explored cryptocurrencies and digital transaction ledgers ...

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 ...

Despite enormous technological progress in other industries, however, cross border banking remains relatively slow, expensive ...

BRUSSELS, Feb 9 (Reuters) - The organisation that facilitates the bulk of the world's cross-border payments is facing growing U.S. pressure to do what it has never done before - cut a country off from ...