The BIC may also use the terms SWIFT code, SWIFT ID, or ISO 9362 code. To understand how the code is assigned, let’s look at the Italian bank UniCredit Banca, headquartered in Milan.

At the recently concluded Brics summit held in Brazil, leaders of member countries reaffirmed their commitment to the Brics ...

In financial services, high system performance is critical to handle massive transaction rates, ensure compliance, and ...

Comerica and U.S. Bank are applying new tools that attempt to take the worry out of real-time transactions made on behalf of ...

Murad Salikhov, founder of VC firm Schwarzwald Capital, examines the widening gap between how digital labor is evolving and ...

Broadridge's infrastructure offers "active-active" failover across two data centers ensuring uninterrupted service availability. This capability significantly reduces risk and enhances resilience by ...

The strategy being adopted by the BRICS appears a smart one. They are not challenging the dominance of the dollar explicitly; ...

A pioneer in blockchain thought leadership, Shaw has led strategic initiatives at the intersection of emerging tech, AI, and ...

Follow for live updates in the Texas flooding as more than 173 are missing as rescuers continue a desperate search ...

Officials in Texas are facing mounting questions about whether they did enough to get people out of harm’s way before a flash ...

One step toward interoperability is ISO 20022, the global messaging standard set to become mandatory for cross-border SWIFT ...

Learn what ACH payment processing is, how it works, key benefits for businesses, and how to get started with secure, ...