Latest Sibos News: Finextra Research

Company update/Sibos

Bolivia's banking community adopts Swift's KYC

Swift announces today that Bolivia’s banking community connected to SWIFT is now using The Know Your Customer (KYC) Registry, Swift’s centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.

13 April 2016

News/Sibos

Fintech Pavillion to host Europe's top startups at EBAday 2016

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2016, Europe's leading payments and transaction banking event.

13 April 2016

Company update/Sibos

Swift expands financial crime portfolio to help banks comply with new FATF rules

SWIFT announces that it will launch Payments Data Quality, an advanced reporting and data analytics service to help financial institutions comply with new international requirements for originator and beneficiary information in payments messages.

11 April 2016

Company update/Sibos

Seven university student teams to pitch for Swift Institute Challenge prize

SWIFT Institute announces today that it has selected seven university student teams to compete in the inaugural SWIFT Institute Challenge at the SWIFT Business Forum London on 20 April at Tobacco Docks.

06 April 2016

Company update/Sibos

21 banks joins Swift payments innovation pilot

SWIFT announces today that 21 banks have started the pilot for its global payments innovation initiative, intended to improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments.

05 April 2016

Company update/Sibos

Swift delivers Iban to BIC conversion service to Payments UK

SWIFTRef, SWIFT’s global reference data utility, has successfully designed, built and delivered the IBAN/BIC reference platform for the UK community under the guidance of Payments UK.

22 March 2016

News/Sibos

Ripple opens London office to serve European demand

With European banks showing huge interest in the potential of distributed ledger technology, San Francisco-based startup Ripple has opened a new office in London to serve the region, and hired former Swift exec Patricia Pittomvils as director of sales.

21 March 2016

Company update/Sibos

Ukraine endorses Swift's ISO20022 harminsation initiative

The Ukrainian National Securities and Stock Market Commission (NSSMC), the financial authority in the Ukraine, has formally endorsed the ‘ISO 20022 Harmonisation Charter’.

16 March 2016

Company update/Sibos

Bank of Philippine Islands awarded Swift’s bank-readiness certificate

Swift announces that Bank of Philippine Islands (BPI) has recently been awarded the bank-readiness certification from Swift.

11 March 2016

Company update/Sibos

Cross-industry initiative establishes standard definitions for supply chain finance

A new set of definitions launched today will help address the global need for a common understanding of terminology, nomenclature and techniques related to supply chain finance.

09 March 2016

News/Sibos

Canadian Payments Association touts ISO20022 benefits

Canada's impending adoption of the ISO20022 standard and Extended Remittance Information (ERI) will boost the use of digitised commercial payments, bringing huge benefits to the country, claims a new paper.

07 March 2016

News/Sibos

Registration opens for EBAday 2016

Registration has opened for EBAday 2016, Europe's pre-eminent payments conference and exhibition, which will be staged this year in Milan.

04 March 2016

Company update/Sibos

Swift India goes live

SWIFT India Domestic Services Pvt Ltd (“SWIFT India”) celebrates today its go-live ceremony.

03 March 2016

Company update/Sibos

Volante Technologies supports Swift Standards Release 2016

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, today announced support for the latest SWIFT Standards 2016 update.

29 February 2016

Company update/Sibos

HSBC Germany chooses Swift to connect to Target2-Securities

Swift announces today that HSBC in Germany will use Swift’s Value Added Network (VAN) solution to connect to Target2-Securities (T2S).

24 February 2016

Company update/Sibos

Iranian banks re-connect to Swift

Following the historic event of implementation of Joint Comprehensive Plan of Action (JCPOA) agreed by the 5+1 countries on January 16th 2016, the Central Bank of the I.R. of Iran started the plan of SWIFT rejoining process for all Iranian banks whose sanctions were lifted on that day.

17 February 2016

News/Sibos

Swift role in Target2 up for grabs; ECB ponders blockchain prospects

Interbank payments network Swift may lose its status as the sole network supplier to the European Central Bank's Target2 real-time gross settlement (RTGS) platform as the Eurosystem enters consultation on the future for payments and settlement across the eurozone.

16 February 2016

Company update/Sibos

Invoice discounting gaining ground in corporate treasury

The majority (71%) of corporate treasurers believe invoice discounting can act as a means for the Treasury to provide tangible value add, according to research from C2FO, the world’s market for working capital.

10 February 2016

News/Sibos

SIA signs letter of intent for EBA Clearing instant payments platform

EBA Clearing has signed a letter of intent with Italian ACH SIA to develop a pan-European real-time payment system by the fourth quarter of 2017.

09 February 2016

News/Sibos

BNP Paribas completes blockchain for transaction banking hackathon

BNP Paribas has confirmed its commitment to the distributed ledger movement in finance after completing its first 'Blockchain Bizhackathon' in the transaction banking arena.

02 February 2016