537 articles tagged with this keyword
News/Financial messaging
BNY Mellon Treasury Services and Pegasystems have completed a "successful" pilot programme for Swift's new electronic bank account management scheme (Ebam).
25 September 2009
Financial messaging outfit Swift has dismissed reports that 300 jobs are on the line at its headquarters in La Hulpe, Belgium, as it acts to cut costs amid a decline in traffic volumes over the inter-bank network.
22 September 2009
Members of the European Parliament have claimed victory in their power struggle with the EC over negotiations on giving US authorities transaction information sent over the interbank Swift network.
17 September 2009
Financial messaging outfit Swift is looking to ease the burden of standards development and maintenance for banks and vendors with the release of a set of processable documentation components for automating the labour-intensive task of cross-referencing and maintaining multiple messaging standards.
16 September 2009
Banking co-operative Swift is set to unveil its latest service for bank to bank remittance payments on Wednesday morning at the Sibos event in Hong Kong
The cost of financial transactions in the developing world could be reduced by as much as 80% through a reform of inefficient payment and securities systems, according to the World Bank.
15 September 2009
Lazaro Campos, Swift chief executive, says that headcount reductions at the banking co-operative will be inevitable as the company contends with declining traffic volumes and bids to improve efficiency levels by 30% and cut 20% from its worldwide operational costs over the next year.
14 September 2009
The Central Bank of Chile has completed the implementation of Logica's multi-currency, real-time gross settlement (RTGS) system, it was announced at the annual Sibos conference in Hong Kong.
Just 22% of industry executives say they are prepared for the additional workload that will come their way when the new Swift MT202 COV message standard comes into effect in November, according to a survey from Dow Jones Risk & Compliance.
10 September 2009
Germany's Commerzbank has selected SunGard's Ambit Messaging Hub to process all of its SwiftNet FileAct and InterAct traffic.
For the majority of corporates, it takes more than one week to open a new bank account, according to a survey Finextra Research conducted over the summer. For this and other reasons, 44% of corporates say they would switch banks to get better service, standardisation and automation through electronic bank account management (eBAM) processes.
09 September 2009
Banking co-operative Swift is to showcase a new service for streamlining bank-to-bank remittance payments at its annual user conference in Hong Kong next week.
08 September 2009
EBAday 2010 - the fifth annual European payments conference and exhibition organised by Finextra and the Euro Banking Association - will open for business in Luxembourg on the 26th and 27th May.
04 September 2009
Nyse Euronext has entered into a definitive agreement to acquire, through its technology unit, US trading systems vendor Nyfix in a cash deal worth around $144 million.
27 August 2009
Deutsche Börse has selected messaging technology from IBM as part of a project to bring its Eurex, ISE and Xetra exchanges onto a common IT infrastructure.
25 August 2009
Industrial and Commercial Bank of China (ICBC) has signed for a new remittance service from Swift to support cross-border person-to-person payments.
17 August 2009
The European Union has approved the framework for talks that will give the US Treasury Department access to banking data processed over the international Swift interbank network.
03 August 2009
The International Securities Association for Institutional Trade Communication (ISITC) has released a new market practice for over-the-counter derivatives based around the Financial products Mark-up Language (FpML).
29 July 2009
Bank-owned co-operative Swift is looking to extend its influence in the corporate treasury market by relaxing stipulations that limit access to exchange-listed entities only.
22 July 2009
Financial messaging network Swift has deployed visualisation software from Quantum4D to help improve its ability to analyse and model the community's network.
17 July 2009
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