Russia’s SWIFT alternative spreads at record pace – central bank

Russia’s SWIFT alternative spreads at record pace – central bank

Russia’s SPFS interbank messaging system has expanded at record pace this year, Alla Bakina, the head of the central bank’s national payment system department, said on Friday. “The SPFS financial messaging system showed serious expansion this year, as we have more foreign participants connecting. Since the beginning of the year, more parties have joined the…

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