Major Russian banks have set up a netting payments system dubbed "The China Track" for transactions with China, aiming to ...

Between 2016 and 2024, the number of Egyptians with a bank account – which experts say is essential for financial inclusion - ...

By Louis Gyimah When a loan officer at Ecobank Ghana or Fidelity Bank asks a colleague “What’s the score?” they’re rarely ...

Each bank runs several verified payments agents ... The system does not use the SWIFT messaging system or accounts in Western banks. "We had to structure financial flows through friendly ...

Sir Keir Starmer and the EU are poised to launch a global defence bank to rearm the West against Vladimir Putin. Ministers ...

Exclusive-'China Track' Bank Netting System Shields Russia-China Trade From Western Eyes MOSCOW (Reuters) -Major Russian banks have set up a netting payments system dubbed "The China Track" for ...

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SWIFT processes over 42 million financial messages daily, connecting 11,000+ institutions across 200+ countries and territories. Established in 1973, this netwo ...