Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Tullett Prebon’s selects CME's messaging platform

Tullett Prebon, one of the world’s leading interdealer brokers, today announced its tpMessenger service has selected CME Group’s CME Pivot Instant Messaging platform to power its solution and support open communication for commodities and financial markets.

26 July 2016

Company update/Financial messaging

Icici and Axis become first Indian banks to join Swift global payments innovation initiative

Swift announces today that Icici Bank and Axis Bank are the first Indian banks to sign up for its global payments innovation initiative. Both banks will be joining forces with more than 70 other leading banks globally.

25 July 2016

Company update/Financial messaging

D+H PAYplus FTS scores Swift accreditation

DH Corporation (“D+H”) (TSX: DH), a leading provider of technology solutions to financial institutions globally, today announced that PAYplus FTS, its payment processing and messaging application, has been awarded with the SWIFT Certified Application label for a second consecutive year.

20 July 2016

Company update/Financial messaging

Maroclear chooses Intix for archiving and supervision of its financial flows

Maroclear, the Central Depository of Securities in Morocco, and INTIX announced that Maroclear chose the INTIX Message Suite solution for archiving and supervision of all its financial messaging flows.

18 July 2016

Company update/Financial messaging

GLEIF launches data challenge facility

The Global Legal Entity Identifier Foundation (GLEIF), the body responsible for ensuring the operational integrity of the Global Legal Entity Identifier (LEI) System, today launched its new data challenge facility.

13 July 2016

Company update/Financial messaging

Swift daily messaging volumes exceed 30 million mark

The end of June peak in Payments traffic, combined with the ongoing Brexit-related surge in Securities and Treasury traffic, triggered two successive FIN traffic peak days on Tuesday 28th and Thursday 30th June 2016.

06 July 2016

Company update/Financial messaging

LCH signs up for Swift's ISO20022 harmonisation charter

SWIFT announces today that LCH has signed up to the ‘ISO 20022 Harmonisation Charter’, an industry-driven framework that facilitates the rollout of the ISO 20022 messaging standard and provides the technology platform to promote harmonisation.

23 June 2016

Company update/Financial messaging

SmartStream’s Corona awarded Swift Exceptions and Investigations 2016 label

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) specialist, today announced that its Corona solution has been awarded the SWIFT Certified Application - Exceptions and Investigations label for 2016, which is the 8th renewal since the label’s inception.

14 June 2016

Company update/Financial messaging

After bank hacks, Swift board backs new security programme

The Swift Board met on 9th June at Swift headquarters, on the occasion of the cooperative’s Annual General Meeting.

10 June 2016

Company update/Financial messaging

XII forms joint working group With GLEIF to tackle legal identity in XBRL

The XBRL International Best Practices Board (BPB), in cooperation with the Global Legal Entity Identifier Foundation (GLEIF), is forming a working group to examine and make concrete recommendations about the best ways to create consistency in referencing legal identity within XBRL documents.

10 June 2016

Company update/Financial messaging

Following hacks, FFIEC issues security bulletin

The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members,1 today issued the attached statement, in light of recent cyber attacks, to remind financial institutions of the need to actively manage the risks associated with interbank messaging and wholesale payment networks.

08 June 2016

Company update/Financial messaging

LCH signs up to Swift's ISO 20022 harmonisation charter

Swift announces today that LCH has signed up to the ‘ISO 20022 Harmonisation Charter’, an industry-driven framework that facilitates the rollout of the ISO 20022 messaging standard and provides the technology platform to promote harmonisation.

07 June 2016

News/Financial messaging

US lawmakers to investigate Fed's cyber security

A US congressional committee is to investigate the Federal Reserve's cyber security practices, according to Reuters which recently reported that there have been more than 50 cyber breaches at the central bank between 2011 and 2015.

06 June 2016

News/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.

03 June 2016

Company update/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.

02 June 2016

Company update/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.

02 June 2016

News/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.

26 May 2016

News/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.

20 May 2016

Company update/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.

12 May 2016

News/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.

09 May 2016