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 ...

The framework has gone live with 26 financial institutions processing payments across 25 corridors and 17 countries. It ...

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness. In a landmark announcement at the Sibos conference in ...

The BRICS countries’ SWIFT alternative, CIPS, is now operational—a profound change that the West apparently overlooked and ignored to its own disadvantage. Last week, one of the most important ...

The central theme of the BRICS bloc of nations is to push back against the global economic dominance of Western countries. That core value was very much at the centre of this year's 18th BRICS Summit, ...

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 ...

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Ripple aims to use XRP for cross-border settlement and liquidity, not to replace SWIFT’s banking communication system. Capturing 14% of SWIFT-linked transaction value would route roughly $21T per year ...

The Brussels-based institution highlighted that the blockchain ledger underneath this project progressed from proof of concept to activation and pilot use in nine months. Seventeen banks on six ...

BRICS is accelerating its break from Western financial dominance with a game-changing payment system that could soon welcome non-members, challenging SWIFT’s global stronghold. Steve Jobs Didn't ...

Singapore-based payment infrastructure provider Thunes has announced a groundbreaking development that promises to transform cross-border transactions. The company now enables financial institutions ...