Cutting some Russian banks’ access to Swift will give China the excuse to promote digital versions of its own central bank digital money in global trade and finance.
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Ripple Labs is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, CEO Brad Garlinghouse said.
In a bid to boost financial inclusion in South Africa, bank accounts may soon be linked to easy-to-remember identifiers like cellphone numbers. The linking of bank accounts to easy-to-remember identifiers