swift

SWIFT prepares for digital currency transactions in 2025

SWIFT, the global bank messaging network, is set to trial live transactions involving tokenised assets and digital currencies next year, according to a recent report by Reuters.

SWIFT planning launch of new central bank digital currency platform in 12-24 months

The move is likely to be fine-tuned to when the first major ones are launched

Rooppur Project: Russia proposes payment in rouble

Russia has proposed a direct payment system bypassing the global standard SWIFT to settle the dues for Rooppur nuclear power plant as the Soviet nation looks to navigate the sanctions from the West following the Ukraine war.

Malaysia’s central bank foils unauthorised fund transfer attempts

Malaysia’s central bank says it detected and foiled an attempted cyber attack and efforts to transfer funds without authorisation using falsified SWIFT messages.

Russia’s Globex bank says hackers targeted its SWIFT computers

Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests.

SWIFT warns banks on cyber heists as hack sophistication grows

SWIFT, the global messaging system used to move trillions of dollars each day, warns banks that the threat of digital heists is on the rise as hackers use increasingly sophisticated tools and techniques to launch new attacks.

Could enable fraud like seen at Bangladesh Bank: Cybersecurity expert

Hackers release documents and files that cybersecurity experts indicated the US National Security Agency had accessed the SWIFT interbank messaging system, allowing it to monitor money flows among some Middle Eastern and Latin American banks.

No plans to sue Fed, SWIFT, says Bangladesh Bank

Bangladesh's central bank says it has reversed its plans to sue the Federal Reserve Bank of New York and the SWIFT money transfer network, and instead intends to seek their help recovering $81 million stolen by cyber thieves in February.

Hackers steal $10m from Ukraine bank

Hackers have stolen $10 million from an unnamed Ukrainian bank, according to an independent IT monitoring organisation.

October 3, 2024
October 3, 2024

SWIFT prepares for digital currency transactions in 2025

SWIFT, the global bank messaging network, is set to trial live transactions involving tokenised assets and digital currencies next year, according to a recent report by Reuters.

March 26, 2024
March 26, 2024

SWIFT planning launch of new central bank digital currency platform in 12-24 months

The move is likely to be fine-tuned to when the first major ones are launched

March 16, 2023
March 16, 2023

Rooppur Project: Russia proposes payment in rouble

Russia has proposed a direct payment system bypassing the global standard SWIFT to settle the dues for Rooppur nuclear power plant as the Soviet nation looks to navigate the sanctions from the West following the Ukraine war.

March 29, 2018
March 29, 2018

Malaysia’s central bank foils unauthorised fund transfer attempts

Malaysia’s central bank says it detected and foiled an attempted cyber attack and efforts to transfer funds without authorisation using falsified SWIFT messages.

December 23, 2017
December 23, 2017

Russia’s Globex bank says hackers targeted its SWIFT computers

Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests.

November 29, 2017
November 29, 2017

SWIFT warns banks on cyber heists as hack sophistication grows

SWIFT, the global messaging system used to move trillions of dollars each day, warns banks that the threat of digital heists is on the rise as hackers use increasingly sophisticated tools and techniques to launch new attacks.

April 15, 2017
April 15, 2017

Could enable fraud like seen at Bangladesh Bank: Cybersecurity expert

Hackers release documents and files that cybersecurity experts indicated the US National Security Agency had accessed the SWIFT interbank messaging system, allowing it to monitor money flows among some Middle Eastern and Latin American banks.

August 16, 2016
August 16, 2016

No plans to sue Fed, SWIFT, says Bangladesh Bank

Bangladesh's central bank says it has reversed its plans to sue the Federal Reserve Bank of New York and the SWIFT money transfer network, and instead intends to seek their help recovering $81 million stolen by cyber thieves in February.

June 26, 2016
June 26, 2016

Hackers steal $10m from Ukraine bank

Hackers have stolen $10 million from an unnamed Ukrainian bank, according to an independent IT monitoring organisation.

June 3, 2016
June 3, 2016

SWIFT fights to restore faith after BB heist

The chief executive of secure messaging system SWIFT says the theft of $81 million from Bangladesh's central bank, by criminals sending fraudulent payment instructions via SWIFT, would force the organisation to shrink and review its strategy.