Sibos

1751 articles tagged with this keyword

/Sibos

Swift combines with Asia Pacific institutions on DLT for proxy voting

Interbank payments network Swift is to run proof-of-concept trials of the use of distributed ledger technology for proxy voting in the Asia Pacific region.

/payments

Scotiabank switches on wire-tracking via Swift gpi

Scotiabank is the first Canadian-based bank to leverage SWIFT's Global Payments Initiative (SWIFT gpi) to enable its business customers to track their wire payments in real time through ScotiaConnect, the Bank's digital business banking channel.

/payments

European payments chiefs to gather in Stockholm for EBAday2019

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the fourteenth annual EBAday, taking place this year in Stockholm between the 18th and 19th June.

/Sibos

Standard Bank gears up for go live of payments blockchain

Standard Bank of South Africa is preparing for the go-live of a private permissioned blockchain payment system for conducting overseas foreign exchange trades on behalf of corporate clients.

/Sibos

CBA meets demanding Swift changeover schedule

Norwegian software vendor Commercial Banking Applications (CBA), today announced that the latest release of its IBAS GTF – Global Trade Finance Factory – went live at all CBA’s user banks in November 2018, in full compliance with SWIFT Release 2018.

/payments

Swift gpi hits 50% tipping point on two-year anniversary

Swift's global payments innovation (gpi) initiative has reached a critical tipping point, accounting for over 50% of messaging traffic across the interbank network.

/Sibos

Volante switches on support for latest Swift standards

Volante Technologies Inc., the global provider of software to accelerate digital transformation and modernization, today announced support for the latest SWIFT Standards Release 2019.

/Sibos

Italian banks move into pre-production for DLT-based reconciliation project

The Italian Banking Association (ABI) is moving into the 'pre-production phase' for its blockchain-based interbank reconciliation project.

/regulation

Swift to open KYC Registry to corporates

Interbank messaging network Swift is to open its KYC Registry to corporates, providing a central hub for document exchange with multiple banking partners and eliminating duplication and ineffeciency.

/security

New York Fed to help Bangladesh Bank in $81 million cybercrime suit

The New York Federal Reserve is to assist Bangladesh Bank in a legal challenge to recoup $81 million stolen in a massive cyber heist in 2016.

/Sibos

Commerzbank: Bank Payment Obligation can act as a gateway for further trade finance technologies

In the face of slow market adoption for the Bank Payment Obligation (BPO), which serves as a legally binding undertaking to execute payment for goods or services, Commerzbank has launched a new whitepaper, “Leading the path of digital evolution”, which explores how to boost BPO adoption among banks and – crucially – their corporate customers.

/Sibos

Swift to open gpi gateway to R3 blockchain

Interbank co-operative Swift is to conduct a proof-of-concept trial to link its gpi network to the Corda platform of enterprise blockchain consortium R3.

/Sibos

Bellin becomes early adopter of Swift gpi for Corporates

BELLIN, a global leader in providing web-based treasury software and services for multinational corporations, is once again working directly with SWIFT to develop a pioneering new service.

/payments

Swift reports double-digit growth in message volumes

SWIFT’s figures show an average of 31.31 million messages a day in 2018 as its annual traffic rose to an all-time high of over 7.8 billion.

/Sibos

Swift introduces Pay Later API for instant loan financing

Interbank payment network Swift is pushing an API standard which will enable banks to provide instant loan approvals for customers at the point-of-sale.

/Sibos

Trends of the foreign exchange today

Angus Scott, Head of Product, CLS, speaks at Sibos about the major trends around foreign exchange settlement today, what initiatives CLS are taking to attract more users and volumes over the CLS Settlement service and how the increasing adoption of new technology is impacting the services CLS provides today.

/payments

National Bank of Kuwait moves to Swift gpi with ACI Worldwide

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that National Bank of Kuwait (NBK) has successfully launched SWIFT Global Payments Innovation (gpi) services for its customers, utilising the built-in gpi capabilities that are integrated into ACI’s flexible, global payments engine.

/payments

Natixis launches real-time tracking service for international payments

Natixis announces the launch of My Tracked Transfer, a new digital international transaction tracking service developed by Natixis using SWIFT gpi technology to enable large companies to monitor their international payments in real time and optimize their treasury management.

/payments

Swift gpi crosses 50% threshold

During 2018, SWIFT’s gpi payments service continued to radically transform correspondent banking. With the support of hundreds of financial institutions, including the world’s 60 biggest banks, it is now being used to send hundreds of billions in payments every day – more than half (55%) of SWIFT’s cross-border traffic.

/Sibos

Swift CEO Leibbrandt quits

Swift CEO Gottfried Leibbrandt is to step down after seven years at the helm of the bank-backed international payments network.