The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in electronic payment ...

KARACHI: In a move towards digitalisation of financial products and services, the State Bank of Pakistan (SBP) has introduced digital cheques clearing and a unified QR code for payments. Announcing ...

Many have welcomed the code, some believe it should go further. Denis Peters, corporate communications director of Euroclear bank in Brussels, stated there was "no reason" the code should apply to ...