Financial messaging

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/Financial messaging

Interactive Data adds web service to Apex delivery platform

Interactive Data, a leading provider of trusted, mission critical information for over 10 million financial instruments, including evaluated pricing and reference data, announced today that it has launched the Apex web service, which leverages the Apex logical data model covering descriptive and pricing data.

/Financial messaging

PayCommerce buys North American Swift Service Bureau Akshay Software International

PayCommerce announced today that it has completed a share purchase transaction to acquire the US subsidiary of Akshay Software Technologies Limited, India, Akshay Software International, Inc.

EBAday attracts global focus; exhibition sells out

/Financial messaging

EBAday attracts global focus; exhibition sells out

Europe's premier payments conference, EBAday, is taking on an increasingly global flavour as the quest for instant funds transfers brings representatives from the Federal Reserve, The Clearing House and Ripple to the podium.

Swift promises STP Holy Grail with SwiftRef APIs

/Financial messaging

Swift promises STP Holy Grail with SwiftRef APIs

Financial messaging network Swift has introduced an automated data look-up service that identifies and validates payments reference data in real-time, reducing the time spent by bank back offices in correcting errors resulting from manual repairs and investigations.

/Financial messaging

Volante launches VolPay Foundation to expedite payment integration projects

Volante Technologies, a global leader in the provision of financial message and data integration, validation and processing software, today announced the launch of VolPay Foundation.

Swift Nordics Conference - Live Blog Day 1

/Financial messaging

Swift Nordics Conference - Live Blog Day 1

The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.

/Financial messaging

Swift adds peer assessments to sanctions testing service

SWIFT announces the addition of Peer Assessment to its Sanctions Testing service.

/Financial messaging

Dynamic Testing enhanced in Transformer 3.5

Trace Financial has announced the release of version 3.5 of Transformer, with a host of new features and enhancements to further accelerate the creation and deployment of complex financial message validations, mappings and transformations.

Swift bags BIC-to-IBAN data mandate for UK banks

/Financial messaging

Swift bags BIC-to-IBAN data mandate for UK banks

The UK Payments Council has contracted with interbank messaging network Swift to provide a BIC-to-IBAN data platform, enabling the nation's banks to conform to new EU regulations on cross-border payments in the euro zone.

/Financial messaging

Swift expands in sub-Saharan Africa

SWIFT will open two new offices in 2015 – in Accra, Ghana and Nairobi, Kenya – as a crucial part of its pan-Africa growth plans. From these offices, SWIFT will manage an expanded presence across the West and East Africa regions.

Russia's National Payment System gears up for pilot

/Financial messaging

Russia's National Payment System gears up for pilot

Several Russian banks, including some subject to Western sanctions, will next week begin testing the country's new card payments system, designed to take on Visa and MasterCard.

/Financial messaging

Crossing-Tech embeds C24 into Connectivity Factory

C24 Technologies (C24), a global leader in financial services messaging and integration solutions, today announced a partnership with Crossing-Tech, a trusted provider of IT solutions. Crossing-Tech will embed C24 Integration Objects (C24-iO) into Connectivity Factory enabling banks and financial firms to gain real-time business insight into activities such as fraud, regulatory compliance, financial transactions and governance.

/Financial messaging

Ajman Bank adopts SmartStream’s Corona

SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Ajman Bank, the award-winning Islamic financial services institution, has implemented SmartStream’s Corona solution to improve its operations and provide a better quality of services to its customers.

/Financial messaging

Swift to profile correspondent banks for KYC data sharing

SWIFT announces the development of the SWIFT Profile, a unique report that provides a global overview of an institution’s correspondent banking activities, which banks can share at their own discretion.

Swift bemoans pressure to cut off Russia and Israel from network

/Financial messaging

Swift bemoans pressure to cut off Russia and Israel from network

Swift says that it "regrets" the political pressure it has come under in recent months to cut off institutions and whole countries from its network, stressing that it does not have the authority to decide on sanctions.

/Financial messaging

Central Bank of Nigeria advocates Swift sanctions screening to country's banks

SWIFT announces today at Sibos that the Central Bank of Nigeria is implementing its Sanctions Screening service and is mandating use of the hosted service by the country's banking community in order to strengthen the Nigerian financial market and ensure it meets global best practices for financial crime compliance.

/Financial messaging

Swift extends Alliance Lite2 to business applications

SWIFT announces today at Sibos it has extended its cloud-based connectivity solution, Alliance Lite2, to business applications.

/Financial messaging

Latvian banks to connect to EBA Clearing Step2 platform

Latvijas Banka, the central bank of Latvia, is scheduled to connect to the euro retail payment system STEP2 as a direct participant on 8th December 2014.

/Financial messaging

Swift comes good on discount pricing plan

SWIFT announces today at Sibos that it has delivered early on its commitment to reduce its messaging prices by 30-50 percent between 2010 and 2015, a goal the company set as part of its SWIFT2015 strategy in 2010.

Swift offers one year free access to KYC Registry

/Financial messaging

Swift offers one year free access to KYC Registry

Swift will give free access to its new KYC Registry throughout 2015 to banks that contribute their own data to the service.

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