Financial messaging

537 articles tagged with this keyword

/payments

Swift delays ISO 20022 cross-border payments migration

Swift is to delay the original ISO 20022 migration date for cross border payments by 12 months, from November 2021 to the end of 2022, as banks struggle with decommissioning and preparing existing infrastructure for the transition.

/retail

Commonwealth Bank launches rewards feature

To mark the launch of Commonwealth Bank’s app feature for eligible* customers, new research has lifted the lid on our shopping habits and revealed that we are a nation on the hunt for a bargain, with more than 9 out of 10 (94 per cent) of Aussies surveyed using shopping hacks to reduce spending.

/Financial messaging

Swift Operations Forum Europe 2019, Amsterdam - Day 2 report

With the accelerating pace of transformation in financial services, day two of SOFE 2019 explored the direction of travel financial institutions should embark on in order to thrive in this new world.

/payments

P27 Momentum: Challenges for creating a pan-Nordic payment region

While banks, businesses and customers operate across the Nordics, infrastructure remains national. At NextGen Nordics: P27 Momentum, executive advisor at Nordea Johanna Lybeck-Lilja continues discussion on the pan-Nordic clearing system to be launched in early 2021 and reiterates that while the region has a long history of cooperation, the cross-border challenge has not been solved.

/payments

P27 Momentum: Collaboration is crucial for cross-border payments

Driving community discussion on P27, payments professionals from across the Nordic region are gathering in Stockholm for NextGen Nordics: P27 Momentum to reflect on how this project will deliver a pan-Nordic clearing platform to settle domestic and cross-border multiple currencies.

/Financial messaging

Swift and HSBC team on common API standard in Hong Kong

Swift and HSBC announce today they are joining forces to define a common industry standard JSON for APIs, re-using ISO 20022 components, the initiative will see the Hong Kong banking community working together to review and agree on this standard.

/wholesale

Contineo appoints Franck Lerat CTO

Contineo, the industry-backed messaging network for equity-linked structured products, announced today the appointment of Franck Lerat as Chief Technology Officer.

/Sibos

CoCoNet upgrades cash management product

Today at Sibos, CoCoNet announced the launch of MULTIVERSA IFP Version 4.0. This is the next generation of its highly successful payment and cash management solution for banks’ corporate customers.

/Financial messaging

OTCX integrates thinkFolio's investment management platform

OTCX, the leading multi-dealer bilateral RFQ platform for off-venue interest rate derivatives, is delighted to announce the successful certified integration with thinkFolio, IHS Markit's investment management platform.

/Sibos

Swift and Equiniti form partnership to leverage gpi technology

Equiniti Business Payment Services (formerly EQGlobal), the international payments division of Equiniti Group, is delighted to announce that it has partnered with SWIFT, the global provider of secure financial messaging services.

/payments

Federal Reserve delays Fedwire ISO 20022 migration

Based on a recent industry request to revisit the ISO 20022 migration strategy, the Federal Reserve Banks today announced a pause in their previously announced plans for a three-phased migration to the ISO 20022 messaging standard for the Fedwire Funds Service.

/Financial messaging

Sibos 2019: How to innovate beyond open banking

Spotlight sessions at Sibos 2019 in London had one key message: change is the only constant in open banking. Lisa Robins, global head of transaction banking at Standard Chartered, kicked off afternoon keynotes at the Excel Centre by comparing how Shazam solves the problem of forgetting the name of songs to how open banking has disrupted the financial services industry.

/payments

Sibos 2019: The new standard for rich, quality payments data

At Sibos 2019, experts from the Bank of England, The Clearing House, European Central Bank, Federal Reserve Bank of New York and BNY Mellon gathered to discuss the transition from MT messages to ISO 20022 by the deadline of November 2021 and how to prepare for the adoption of a common payments and reporting language.

/payments

Sibos 2019: The adoption of SWIFT gpi and impact on global payments

At Sibos 2019, Swift’s Fabien Depasse, Wim Raymaekers, Anne-Sophie Walravens and Lior Cohen, explored how Swift gpi is seeing unparalleled growth in adoption, traffic and corridors. Today, more than 3,500 financial institutions (FIs) are signed up to gpi and allow their customers to make payments in nearly 150 currencies.

/Financial messaging

Sibos 2019: Should banks trust in the UK despite Brexit uncertainty?

Welcoming business leaders and industry experts to the Excel Centre in London for Sibos 2019, Swift innovation manager Innes Macleod takes to the stage to divulge Innotribe’s mission and reflect on the technological and societal changes that are challenging the financial services sector, with input from renowned experimental physicist and celebrity figure Professor Brian Cox.

/Financial messaging

Sibos 2019: Cloud services- huge burden of security responsibility

Security does not come embedded in a cloud service, nor are cloud services something you can choose to avoid, panellists discussed during one of the opening panels at Sibos 2019, London.

/Financial messaging

Ambitious P27 project grows team for next phase

Nordic bank-backed P27 is undertaking a recruitment drive as it puts together the building blocks for a proposed 2021 go-live of its real-time, cross-border payment project.

/payments

Swift names David Watson strategic customer relationship director, North America

David Watson joins SWIFT as Strategic Relationship Director in North America from Deutsche Bank, where he served as Managing Director and Head of Cash Management for the Americas, as well as the Head of Global Digital Cash Products.

/Financial messaging

Swift publishes new API standard

Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.

/Financial messaging

First ISO 20022 usage guidelines for cross-border payments released

The publication of first specifications marks an important milestone in the transformation of correspondent banking.