The IFSC codes for erstwhile Syndicate Bank customers will be changed from July 1 this year. The bank was merged with Canara Bank in April 2020 as part of a slew of bank mergers undertaken by the ...

SWIFT handles +44 million transfers, also called encrypted messages, daily. It is the most used system to transfer funds globally. Whether you're a finance professional or simply someone who ...

UAE Banks Federation (UBF) in association with SWIFT, the world’s leading provider of secure financial messaging services, today held the SWIFT User Group meeting in Abu Dhabi. The meeting brought ...

In 2016, thieves pulled off one of the biggest bank heists in history without even cracking a safe. A hacking team known as "The Lazarus Group" tried to steal nearly a billion dollars from the Bank of ...

President Joe Biden unveiled new sanctions against Russia on Thursday in response to President Vladimir Putin's decision to invade Ukraine, and said that collectively, they will be "more consequential ...

BRUSSELS/WASHINGTON (Reuters) - Belgium-based SWIFT, which provides banks with a system for moving funds around the world, bowed to international pressure on Friday and said it was ready to block ...

Canara Bank informed its customers that the IFSC codes and cheque books of Syndicate Bank will become invalid from next month. The customers of Syndicate Bank have been told to update their Bank ...

The Western nations have announced that select Russian banks will be blocked from SWIFT, the global financial messaging system, in response to Russia’s military aggression in Ukraine. Their aim is to ...