NEW YORK -- As Western allies levy increasingly harsher economic sanctions against Russia for its invasion of Ukraine, the latest target involves Russia's access to SWIFT. An acronym for Society for ...

SWIFT has extended its Sanctions Screening service to support messages used in all financial transactions, regardless of financial network and format. The service will now screen all transaction ...

For the first time in many years, leaders from Russia and Ukraine are inching closer to sitting down for serious peace talks. These talks are being helped along by the idea of a maritime ceasefire in ...

A powerful coalition of democracies announced it would cut off some Russian banks from the global payment system Swift. Here’s how Swift works, and how the move could ramp up pressure on Russian ...

SWIFT has announced the addition of Peer Assessment to its Sanctions Testing service. SWIFT’s Sanctions Testing helps financial institutions optimize the performance of their transaction and customer ...

The administration of US President Donald Trump will need Europe's consent to lift sanctions against Russia to fulfill Vladimir Putin's demand. But Brussels has no intention of easing sanctions, ...

Two U.S. senators are warning that Russian President Vladimir Putin is stalling on peace while preparing a fresh military offensive against Ukraine. PARIS (AP) — Russian President Vladimir Putin is ...

The European Commission representative clarified that the EU still considers the end of the special military operation in Ukraine and the complete withdrawal of Russian troops from territories that ...

The European Union is considering cutting more than 20 banks from SWIFT, the international payments system, as well as lowering a price cap on Russian oil and banning the Nord Stream gas pipelines as ...