Latest Financial messaging News: Finextra Research

Raiffeisen Bank Romania implements Allevo tech for corporate Sepa compliance

Raiffeisen Bank Romania, in its continuous efforts to be one step ahead of competition and offer world class services to their business clientele, chose to offer its corporate customers a plug and play solution for ensure compliance to SEPA regulations.

01 March 2017

Company update/Financial messaging

Pelican introduces PelicanFast for real-time payments processing and compliance

Pelican, a global provider of payments and compliance systems for banks and corporates, today launched PelicanFast, a real-time payments and compliance solution for organisations participating in the pan-European Instant Payments scheme of the European Payments Council.

23 February 2017

Company update/Financial messaging

Bank of Cyprus taps Dovetail to build payment hub

Dovetail, the provider of best-in-class payments and liquidity management solutions, has today announced that Bank of Cyprus has selected the Dovetail Payment Solution to equip the bank with payment hub functionality covering SWIFT, Target2, SEPA Credit Transfer and Direct Debits.

15 February 2017

Company update/Financial messaging

Swift introduces Daily Validation reports to help combat fraudulent messages

Combatting fraud is a challenge for the entire financial industry, as cyber-attacks grow in frequency and sophistication.

06 February 2017

News/Financial messaging

Swift goes deeper into the blockchain

Interbank payments network Swift is stepping up its exploration of the blockchain, launching a new proof of concept test to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.

12 January 2017

News/Financial messaging

Faster Payments maps way to ISO 20022 standard

The UK's Faster Payments scheme has released a mapping tool to enable developers to convert its existing ISO 8583 message protocol to the internationally recognised ISO 20022 standard.

10 January 2017

Company update/Financial messaging

XBRL US forms blockchain working group

XBRL US and ConsenSys, a blockchain technology company, have issued a call for participation to accountants, technologists and financial professionals to contribute to a new Working Group for developing standards for the tokenisation of assets on the blockchain.

16 December 2016

News/Financial messaging

Turkey's Akbank facing $4m liability after hack

One of Turkey's largest banks could be liable for up to £4 million after suffering a cyber attack on the SWIFT global money transfer system, according to Reuters.

16 December 2016

Company update/Financial messaging

Efama talks up automation rates of fund orders

The European Fund and Asset Management Association (Efama), in cooperation with Swift, published a new report about the evolution of automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland during the first half of 2016.

15 December 2016

Company update/Financial messaging

Caribbean CSDs sign Swift’s ISO 20022 Harmonisation Charter

SWIFT announces today that the Barbados Central Securities Depository Inc. (BCSDI) and the Jamaican Central Securities Depository (JCSD) have signed up to the SWIFT ‘ISO 20022 Harmonisation Charter’, a framework of principles for the harmonised adoption of the ISO 20022 messaging standard.

08 December 2016

News/Financial messaging

SOFE Berlin: Cyber security and innovation take centre stage

Payments professionals from across Europe, Middle East and Africa have been gathering in Berlin for Swift's Operations Forum Europe conference to learn first hand how the interbank co-operative is dealing with ongoing security issues and new technology innovations in banking and finance.

23 November 2016

Company update/Financial messaging

Swift goes live with new eLearning platform

SWIFT announces that its new eLearning platform, SWIFTSmart, is now live with more than 200 individual courses and videos, including customised training programmes for cyber security and financial crime compliance.

15 November 2016

Company update/Financial messaging

Nordea processing of Swift MT798 now fully automated

Nordea has announced capabilities to handle the SWIFT MT798 messaging in a fully automated manner.

10 November 2016

Company update/Financial messaging

CLS upgrades settlement members to new market infrastructure interface

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced the completion of its project to upgrade its settlement members to a new member gateway and market infrastructure (MI) channel.

08 November 2016

Company update/Financial messaging

SmartStream gains Swift certification for Corona Reconciliations

SmartStream, the financial Transaction Lifecycle Management (TLM®) specialist, today announced, that its Corona Reconciliations solution has yet again achieved SWIFT Certified Application status, something SmartStream customers have indicated is important when purchasing solutions and products.

08 November 2016

Company update/Financial messaging

Uruguay's central bank goes live on Swift for RTGS

SWIFT announced today that Uruguay’s Central Bank’s real-time gross settlement system (RTGS) is now live on SWIFT.

27 October 2016

News/Financial messaging

Ecuador bank gets nod to proceed with suit against Wells Fargo over Swift heist

Wells Fargo has failed to convince a judge to dismiss a lawsuit brought against it by an Ecuadorian bank in connection with a $12 million theft made over the Swift network.

19 October 2016

News/Financial messaging

Swift in the firing line of new bank-targeting Trojan

Several banks have been attacked by a group using a new Trojan and tools that can manipulate Swift customers' transfer logs, warns security outfit Symantec.

11 October 2016

Company update/Financial messaging

Cronus Cyber Technologies unveils virtual hacker system for banks

Today, Security Operations Centers (SOC) at financial and banking institutes are overwhelmed with the number of alerts that require their attention.

10 October 2016

Company update/Financial messaging

Gresham completes acquisition of C24 Technologies

Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity software, has announced that it has completed the acquisition of C24 Technologies, a specialist in standards-based financial messaging and integration solutions.

10 October 2016