The BRICS nations also plan to create an organisation to fight money laundering and terrorist financing similar to the FATF.
March 13, 2024UnionPay cards linked to the Huawei Pay service are being refused in Russia due to US sanctions against the operator of the Mir payment system.
February 29, 2024The Wolfsberg Group has revised its guidance on Swift RMA due diligence, taking into account ISO 20022 migration.
January 12, 2024IFSC Banking Units are asked to use Swift GPI and to explore how they can further speed up their processing of cross border payments.
January 10, 2024The RBI has set up a working group to create a roadmap for settling international remittances using CBDCs.
December 8, 2023The EPC's One-Leg-Out Instant Credit Transfer scheme enables payments to and from Europe to be processed 24 hours a day, seven days a week.
December 4, 2023Ripple's Ross Edwards and Fubon's Rockson Hsu talk about the benefits of CBDCs as they explore use cases for HKMA's e-HKD.
October 27, 2023The UDPN messaging system is designed to provide interoperability between stablecoins and CBDCs, similar to how the SWIFT network facilitates bank transactions.
October 24, 2023New use cases for the solution, developed by Swift, are also being tested in a new sandbox environment by the RBA, BOT, CLS and other institutions.
September 14, 2023The declaration signals a commitment to collaborate on digitalisation and adopt eBLs, which will enable faster transactions, cost savings, and lowered fraud risks.
September 6, 2023