Latest Financial messaging News: Finextra Research

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

News/Financial messaging

ANZ and Wells Fargo test distributed ledger tech for correspondent banking

Wells Fargo and Australia's ANZ have built a shared distributed ledger platform prototype for correspondent banking payment reconciliation and settlement.

10 October 2016

Company update/Financial messaging

Nordea Bank goes live with Swift Data Quality service

SWIFT today announced that Swedish financial services group, Nordea Bank AB, has become the first subscriber to its new Payments Data Quality service, an advanced reporting and data analytics solution that helps financial institutions comply with new requirements stemming from the Financial Action Task Force’s (FATF) Recommendation 16.

06 October 2016

Company update/Financial messaging

NSD eases move to ISO 20022 with Transformer

Trace Financial announced today that Transformer is playing a significant role in a major project and a new service delivery of Russia’s National Settlement Depository (NSD).

03 October 2016

Company update/Financial messaging

Arizon Sourcing moves financial messaging to Bottomline cloud

Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology which helps businesses pay and get paid, is pleased to announce that ARIZON Sourcing AG has migrated its financial messaging traffic to Bottomline’s cloud, securely hosted in Switzerland.

03 October 2016

Company update/Financial messaging

Swift identifies ways to simplify routing

SWIFT today announces the publication of a new paper discussing opportunities for banks to streamline their internal routing practices.

28 September 2016

Company update/Financial messaging

IPFA drafts rulebook for cross-border instant payments

The International Payments Framework Association (IPFA) announces the first global scheme to transact real time payments as cross-border and cross-currency credit transfers.

26 September 2016

Company update/Financial messaging

Finexus selects Volante for RTGS message transformation across Apac

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, today announced it has been chosen by Finexus to provide the key MT to MX message transformations in complex multi-currency Real-time Gross Settlement (RTGS) System implementations.

26 September 2016