Hundreds of companies have sought to open Chinese accounts in recent days in a bid to get around Western sanctions, a worker at a Chinese state bank in Moscow said

Analysts say there's no alternative global payment system to SWIFT that's strong enough to enable Russia to evade sanctions.

The transport and logistics company said it was offering customers "various alternative options of payment" for euro and US dollar transactions

The company said the funds will enable it to expand to companies in Singapore and Australia and launching into new markets including India

Over two thirds of institutional investors voted against three resolutions on employee stock option plans when they were put to a vote by the digital payments firm

SWIFT will lose its credibility and influence and gradually decline in importance if it’s used as a sanctions tool, Xinhua says, while the digital yuan has a big future, another outlet said

Oil giant BP says it will exit its Rosneft stake worth $25 billion. Meanwhile, leases on over half the 980 jets in Russia may be severed by foreign firms because of sanctions.

China's Foreign Ministry on Monday voiced opposition to use of sanctions, but Japan and Korea backed the move to block some Russian banks from the SWIFT international payments system

Chinese payment-related stocks jumped on Monday as investors wagered that kicking banks out of the SWIFT system would benefit China's own cross-border payment system, CIPS

SWIFT sanctions against Russia seen as an event that will curb use of the dollar. Shares of payment firms such as Newland Digital Tech, Lakala Payment and Client Service rose strongly

Zip said on Monday it was offering 0.98 Zip shares for every Sezzle share, which represented a 22% premium to Sezzle’s closing price

The payments company's Australian stock leapt as much as 40%, the biggest gainer in a flat overall market