CIPS adoption is causing the migration from Swift, affecting entities like Golomt Bank.

1 report, 1 independent Updated Jul 31

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

SWIFT Golomt Bank

Keep exploring

Part of

An entity has been excluded from SWIFT due to sustained Western financial pressures. All 1 developments

The entities involved

SWIFT
Belgian payments services society
- IBM has enabled a connection to SWIFT's shared ledger system.Thu 11:08
- Oracle announces integration with SWIFT's ledger system.Wed 21:51
Golomt Bank
bank from Mongolia

Nothing else this week.

Related events

Major banks, including Citi, HSBC, and Standard Chartered, began using SWIFT's digital ledger for cross-border payments.Sep 7

Coverage

Newest first; wire copies grouped

Jul 31scmp.com