WASHINGTON -- The American Israel Public Affairs Committee praised the Society for Worldwide Interbank Financial Telecommunication's compliance with sanctions on Iranian banks.  SWIFT, which serves as the final entry point for electronic transactions...

WASHINGTON -- The banking entity responsible for processing electronic bank transfers is cutting ties with Iranian banks sanctioned by the European Union.  In response to European Union sanctions, the Society for Worldwide Interbank Financial Telecommunication...

WASHINGTON -- The U.S. Senate Banking Committee approved a bill that would effectively cut Iran off from international banking transactions. The Iran Sanctions, Accountability and Human Rights Act of 2012, approved by a voice vote Thursday, would sanction...