Swift Network RSS

Daily News, Issuing & Acquiring, Processing & Systems, Remittance, SWIFT, Swift Network -

The Swift network, whose financial messaging system facilitates cross-border payments, has been caught in the middle of the US and EU showdown over how to handle one of the linchpins of the global financial system following Donald Trump’s decision to re-impose sanctions on Iran. The US has declared its determination to sever Iranian banks and [...]

The post Swift Network caught in the middle of EU Vs US sanctions showdown appeared first on Payments Cards & Mobile.

Read more