Latest Sibos News: Finextra Research

Swift hires JPMorgan Chase's Hunter to lead Americas and UK business

Swift has appointed John Hunter, the former boss of JPMorgan Chase's global clearing services, as its chief executive of the Americas and UK region.

03 September 2021

Company update/regulation

Identitii ships new SaaS regulatory reporting platform

Identitii Limited (ASX:ID8) (Identitii, Company) is pleased to announce the launch of a brand-new Software-as-a-Service (SaaS) platform designed to help reduce the risk of non-compliance with international anti-money laundering (AML) and counter-terrorist financing (CTF) reporting obligations, starting with Australia’s AUSTRAC.

02 September 2021

News/wholesale

Canada's high-value payment system launches

Payments Canada has launched Lynx, the country's new high-value payment system, which has been built with technology partners IBM and SIA.

01 September 2021

Company update/payments

Sweden's Intergiro adds Currencycloud to BaaS portfolio

Intergiro, the Sweden-based Banking-as-a-Solution (BaaS) provider, has partnered with Currencycloud, the experts simplifying business in a multi-currency world, to integrate Currencycloud Spark into its portfolio of API solutions.

01 September 2021

Company update/regulation

BCR publishes progress updates from grant recipients

The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool A, B, C and D recipients, providing a summary of performance against their public commitments to the period 30th June 2021.

31 August 2021

Company update/payments

African mobile money startup pawaPay closes on seed funding of $9M

African payments company pawaPay, has secured a $9m Seed raise. The round was co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital,

26 August 2021

Company update/Sibos

Finastra secures Swift Compatible Application label for Trade Finance

Finastra today announced that it is the first technology provider to secure the SWIFT Compatible Application label 2021 for Trade Finance.

16 August 2021

News/payments

Reserve Trust secures $30.5 million Series A

Reserve Trust, an alternative to banks for companies wanting to access real-time payment rails, has secured a $30.5 million Series A investment, led by QED Investors with participation from FinTech Collective and Ardent Venture Partners

06 August 2021

News/people

Swift appoints former Standard Chartered Ciso Cheri McGuire as CTO

Banking co-operative Swift has appointed Cheri McGuire, the former group chief information security officer of Standard Chartered, as CTO.

02 August 2021

News/payments

Swift takes on low-value cross-border payments

Banking co-operative Swift is moving into the low value remittance market with the launch of Swift Go, a service that enables consumers and small businesses to send near real-time payments anywhere in the world direct from their bank accounts.

27 July 2021

Company update/payments

CBA readies clients for Swift 2021 release

Norwegian software vendor Commercial Banking Applications (CBA), today announced that it has shipped the latest annual release of its IBAS GBF - Global Banking Factory software to all customers over three months ahead of schedule, allowing additional time for testing in advance of the upcoming cutover to SWIFT Release 2021 in November this year.

14 July 2021

News/payments

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

EBAday 2021 has flown by, and the sessions throughout day three of the event served to build on the momentum from day one and two. Another punchy strategic roundtable addressed the need for industry-wide collaboration to drive payments innovation, while two boisterous chatrooms tackled the weighty subjects of Open Banking, CBDCs and stablecoins.

30 June 2021

News/payments

EBAday 2021: Modernisation, a catalyst for payments utopia

With day two now under our belt, we are only just beginning to digest the eyewatering number of insights shared across six panel sessions, two roundtables, a lively chatroom forum and of course, non-stop networking on the EBAday platform.

29 June 2021

News/payments

Big banks back Swift's new platform and ISO 20022 roadmap

Messaging network Swift has secured support from six leading global banks for the forthcoming roll out of its new transaction management platform, which is set to go live in November 2022.

24 June 2021

News/crypto

PayPal vets launch decentralised cross-border payment network

A pair of former PayPal executives has launched a decentralised global payments network to connect banks, merchants and payment providers to transact in digital currencies around the world.

16 June 2021

Company update/payments

Icici Bank ties up with Swift for account-to-account remittances

ICICI Bank today announced that it has tied up with SWIFT to offer a facility that helps overseas partner banks to send instant remittances on behalf of their customers to the beneficiary in India.

02 June 2021

Company update/people

Former Swift chief Leibbrandt joins CLS board

CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, announced that two new members were appointed to its Board of Directors at the CLS Annual General Meeting (AGM) on 17 May 2021.

20 May 2021

News/crime

ThetaRay moves to the cloud on $31 million fund raise

ThetaRay, the Isralei fintech that enables banks to monitor payment traffic to sniff out money laundering risks, has completed a $31 million fundraising round.

20 May 2021

News/crypto

Swift makes its case for place in CBDC world

Swift has a unique role to play in a payments ecosystem that includes central bank digital currencies, according to a joint paper from Accenture and...Swift.

12 May 2021

Company update/payments

UAE central bank taps Swift to speed up cross-border payments

The Central Bank of the UAE (CBUAE) announced that it has been working with SWIFT on an initiative to further enhance the speed and transparency of cross-border payments.

05 May 2021