Financial messaging

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Swift to review strategy in wake of cyber attacks

/Financial messaging

Swift to review strategy in wake of cyber attacks

Swift chief executive Gottfried Leibbrandt says that member banks with weak cyber security could face the ultimate sanction - exclusion from the global interbank messaging network.

/Financial messaging

PowertoPay gains Swift corporate cash management label

The certification allows PowertoPay to incorporate SWIFT’s Alliance Lite2 into its business applications for corporate treasury customers.

/Financial messaging

Bolsa Mexicana de Valores chooses Itiviti FIX engine

Itiviti, a world-leading technology provider for the capital markets industry, today announced that Bolsa Mexicana de Valores (BMV Group), Mexico’s premier exchange for equities and derivatives, has chosen the next generation FIX Engine, Catalys by Itiviti, to support their transactional needs.

More banks come forward as Bangladesh hack investigation expands

/Financial messaging

More banks come forward as Bangladesh hack investigation expands

The fallout from the $81 million Bangladesh Bank hack continues, with up to a dozen banks getting in touch with investigators to flag similar possible network breaches, according to Bloomberg.

As details of third attack emerge, Swift calls on banks to report hacks

/Financial messaging

As details of third attack emerge, Swift calls on banks to report hacks

In the wake of the $81 million Bangladesh Bank hack, Swift is calling on clients to be more forthcoming in reporting attacks on its system. The request comes as Reuters reports that three banks involved in a $12 million attack last year failed to inform the messaging network.

/Financial messaging

Barclays provides £1 million venture funding to AccessPay

Barclays have cemented their strong working relationship with AccessPay, by providing a £1m loan to help the innovative Manchester fintech company explore further growth opportunities.

Bangladesh Bank hack costs Philippines bank chief's job; Swift hits back at 'false' allegations

/Financial messaging

Bangladesh Bank hack costs Philippines bank chief's job; Swift hits back at 'false' allegations

The president of Philippines-based Rizal Commercial Banking Corp (RCBC) has resigned despite being cleared by an internal investigation into the bank's connection with the $81 million Bangladesh Bank hacking scandal.

/Financial messaging

Swift signs up 29 new corporates in Asia pacific

SWIFT announces that 29 new corporates in Asia Pacific had joined the co-operative from May 2015 to December 2015.

/Financial messaging

Canadian Payments Association facilitates move to e-payments

Today, Canada joins a growing list of countries that have adopted ISO 20022, an important first step in the modernization of Canada’s payment system.

Swift sets out distributed ledger position

/Financial messaging

Swift sets out distributed ledger position

As the hype surrounding distributed ledger technology continues to build, Swift is acknowledging the inevitable and promising to evolve its platform to enable DLT-based services - but only when a series of "critical factors" have been addressed.

/Financial messaging

Volante supports ISO 20022 RTPG global practice guidelines

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, is pleased to announce support for the ISO 20022 Real-Time Payments Group (RTPG) global market practice guidelines which were published on 18th April 2016 on the ISO 20022 website.

/Financial messaging

Swift to launch e-learning platformk

SWIFT announces its plans to launch SWIFTSmart, a new innovative eLearning platform that administrates, documents, tracks, reports and delivers a full catalogue of digital courses and social learning.

/Financial messaging

Swift introduces standards ‘Change Request Forum’

Each year, the annual MT standards maintenance process invites the community to request formal changes to the MT messages.

Switzerland looks to the future with new ISO 20022 payments architecture

/Financial messaging

Switzerland looks to the future with new ISO 20022 payments architecture

Switzerland has pressed the button on a new interbank payment system (SIC), using the ISO 20022 messaging standard to provide a host of new services to bank and corporate users.

/Financial messaging

Over 80 percent of banks support and plan to deploy video-enabled services

More than 80 percent of banks surveyed recognize that online and mobile banking channels improve customer engagement and 93 percent of banks expect customer satisfaction to improve if a high quality video banking service were to be implemented.

/Financial messaging

Swift expands financial crime portfolio to help banks comply with new FATF rules

SWIFT announces that it will launch Payments Data Quality, an advanced reporting and data analytics service to help financial institutions comply with new international requirements for originator and beneficiary information in payments messages.

/Financial messaging

Hansa Orga and Deutsche Bank introduce plug and play payments integration for SAP users

Hanse Orga today announced the introduction of “HO Global Format Integrator” a “plug & play” solution for companies wishing to configure and establish international transaction messages faster and more easily in their SAP system.

/Financial messaging

TNS introduces message translation service for payments

Merchants, ISOs, payment gateways and terminal providers around the world are set to gain efficiencies and make substantial savings thanks to the launch of TNSConnect2All, a new global message translation conversion service, from Transaction Network Services (TNS).

/Financial messaging

Swift inks MoU with China's Cips on cross-border interbank payment system cooperation

Swift has signed a memorandum of understanding (MOU) with China International Payment Service Corp., (CIPS Co.). The MOU sets out plans for a strategic collaboration to develop China’s Cross-border Interbank Payment System (CIPS) using Swift as the secure, efficient and reliable channel to connect CIPS with SWIFT’s global user community.

/Financial messaging

Ukraine endorses Swift's ISO20022 harminsation initiative

The Ukrainian National Securities and Stock Market Commission (NSSMC), the financial authority in the Ukraine, has formally endorsed the ‘ISO 20022 Harmonisation Charter’.

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