Finextra@Sibos

The Finextra@Sibos community is open to all delegates and exhibitors at the annual financial markets conference organised by financial messaging network Swift.

Paul Penrose Head of Research at Finextra

Firefox flares up at swift.com

Financial messaging network Swift has been bigging up the switch over to its new corporate Web presence for the past few weeks now. The new site went live at the weekend, so I thought I'd pop over there today and see how it was bedding in. What a horror show - text scattered all over the page, huge chunks that fail to render. The usual teething pr...

30 June 2008 /payments /wholesale

Retired Member 

Oh Vienna

As you probably know, the annual Swift bash is taking place in September and as you might expect Finextra will be shipping out a crack team for on-the-spot coverage of key issues, events and the inevitable late night parties. If you're going you're probably about to book flights and the like and plan your week, hence the launch of our now traditio...

04 June 2008 /sibos

Paul Penrose Head of Research at Finextra

Large value subject, low value research

The Federal Reserve Bank of New York yesterday published a paper that describes ten major long-range trends in the settlement of large-value payments worldwide. The trends are driven by technological innovation, structural changes in banking, and the evolution of central bank policies. The authors observe that banks are increasingly making large-...

04 June 2008 /payments /wholesale

Paul Penrose Head of Research at Finextra

Do you remember the first time? A Sibos virgin tells all

When was your first Sibos? It’s one those perennial questions for veterans of the international fintech circuit. Swift’s first international banking and operations seminar took place in 1978, attracting 300 participants to Brussels. When the doors open for Sibos 2008 in Vienna, some 70000 visitors are expected to attend. As it happens, my first Si...

14 March 2008 /payments /wholesale

Retired Member 

Are we deluding ourselves?

During this week at Sibos I have seen the results of several surveys around SEPA. Most would imply that the industry is not only positively engaged, but will achieve full migration by 2012 at the latest. However, my private conversations with fellow European bankers would not support such optimism. During these I have learnt that there are expect...

03 October 2007 /payments /wholesale

Retired Member 

Negroponte wows Sibos

Around a thousand delegates got to the exhibition centre bright and early this morning to hear what is sure be the most inspiring speech of the conference given by Nicholas Negroponte, founder and chairman of the One Laptop per Child non-profit association. Negroponte, who is currently on leave from MIT where he was co-founder and director of the M...

03 October 2007 /sibos

Retired Member 

SEPA - Is there anything new?

Day 2 of the Swift conference in Boston was filled with meetings about SEPA and the PSD (for those of you outside Europe this is the Payment Services Directive, the new legislation to harmonise the payments environment across Europe). The good news is that nothing new was said, but perhaps this is also rather sad. Banks have been concentrating on p...

03 October 2007 /payments /wholesale

Retired Member 

Customer Intimacy

I hope you all had a great day yesterday. I thought today I should muse a little around one of the themes from yesterday's opening plenary. I am sure that like me, many of you noticed the more relaxed style of presentations. This fitted well with the theme of SWIFT moving from operational excellence to customer intimacy. Working more closely wit...

02 October 2007 /payments /wholesale

Retired Member 

Boston-SIBOS: The art of communication

Hi everyone, It's great to be back again for another year. I am sure most of you, like me, have spent the last few weeks in frantic preparation - arranging meetings, preparing presentations, briefings, speeches, press announcements and all the other things regarded as essential for a successful SIBOS. SIBOS is about communication and -- as every ...

01 October 2007 /payments /wholesale

Retired Member 

What to do in Boston!

Sibos is a few days away, so if you know any good places in Boston that you are willing to share with the wider community - let us know. You can either comment on this blog or create a new blog post yourself. We'll make sure the best posts are highlighted across SibosOnline. Not a member yet? Register now!

20 September 2007 /sibos