International Finance

Tag : SWIFT

Banking

Ukraine conflict: UK wants SWIFT punishment for Russian banks

SWIFT is a crucial real-time gross payment system for cross-border transactions September 2, 2014: The UK will press EU leaders to consider blocking Russian access to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking transaction system under an expansion of sanctions over the conflict in Ukraine, Bloomberg reported on Friday, August 29, citing an...
Fintech

8 things business travellers need to know about Apple’s plans

But with all the major tech players offering synced services, the barriers to switching from Apple to Android or Windows to Apple are becoming higher July 21, 2014: On Monday 2nd June, Apple held its annual Worldwide Developers’ Conference (WWDC) at the Moscone Center in San Francisco. Despite rumours of new devices like the iWatch...