Sibos

1744 articles tagged with this keyword

/payments

Swift speeds up cross-border payments

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.

/payments

Broadridge scales up for instant payments

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments.

/payments

Troata connects with Swift

Trovata, the pioneering force in corporate bank APIs, announces a new collaboration with Swift, the world’s leading provider of secure financial messaging services, which will extend the benefits of Swift’s tracking capabilities to more businesses through API connectivity.

/Sibos

The Future of Payments 2025 – Digital, Instant, Profitable?

972 downloads

/Sibos

Dominique Dierks Senior Content Manager at Finextra

Unlocking the opportunities of embedded e-commerce in the African market

/security

Swift unveils AI-powered real-time fraud barrier

Banking co-operative Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime.

/crime

Can Financial Institutions Keep Up with the $33 Billion Fraud Surge?

Reflecting on insights from last month’s Visa Payments Forum, Tareq Muhmood, SVP, Value Added Services, Europe, Visa, addresses the dramatic rise in global fraud—from $800 million in the early '90s to $33 billion in 2023. As financial institutions grapple with the increasing complexity of fraud in the digital age, the need for adopting advanced technologies like AI and real-time data analysis becomes clear. With a 50% boost in fraud detection through artificial intelligence, this interview underscores the urgency for banks and fintechs to evolve their security strategies. As fraud tactics continue to evolve, partnerships and continuous innovation are now critical for staying ahead of threats while maintaining seamless payment experiences.

/regulation

GSS works with Swift to streamline sanctions screening

Global Screening Services (GSS), a leading RegTech pioneer, today announced an extended partnership with Swift that will enable financial institutions around the world to access its unique end­ to-end sanctions screening platform over the same infrastructure that they already trust to move money between more than 200 countries and four billion accounts globally.

/Sibos

Hamish Monk Senior Reporter at Finextra

Making embedded cross-border payments in Africa work

/payments

AutoRek joins Swift partner programme

AutoRek, a leading automated financial controls platform, is delighted to announce that it has joined the Swift Partner Programme, to improve and simplify the consolidation and reconciliation of financial data.

/Sibos

Renate Prinz Partner at McDermott Will & Emery LLP

DORA takes effect: Digital resilience and cybersecurity in the EU

/sustainable

Can Every Product Be Climate Positive?

Richard Peers, founder of Responsible Risk, interviews Erik Stadigh, Co-Founder and CEO of Lune, winner of the EBAday 2024 FinTech Zone award, ahead of Sustainable Finance.Live 2024. They explore how corporate sustainability can be simplified by automating carbon emissions reporting through APIs and hosted solutions. With the goal of making every product and service climate-positive by integrating granular emissions calculations and carbon projects into bank and fintech offerings, we ask: can businesses truly decarbonise efficiently without relying on costly consultants or new tools? As greener decisions are made with minimal effort, the future may see every company becoming a climate company through seamless integration of climate data.

/crypto

Swift preps live digital asset trials

Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network.

/Sibos

The Global Fight Against Trade-Based Financial Crime

293 downloads

/payments

Swift to develop concrete plans for CBDC and tokenised asset exchange

Global banking co-operative Swift is moving forward with plans to offer member banks access to emerging digital asset classes and currencies over its network, covering a range of use cases in payments, securities, FX, trade and beyond

/payments

Technology, the Catalyst for Banks to Evolve into Competitors

FinextraTV and Gabriela Giannattasio, VP of EMEA, Veritran, tap into how banks should be prioritising streamlining user experiences, enhancing seamless payment systems, making them secure, and ensuring compliance with upcoming regulations all at the same time. In this new age of financial polyamory, individuals and businesses are no longer married to just one bank, and banks should view collaboration as the silver bullet solution to these challenges and actively leverage available opportunities to connect with technology partners.

/payments

Japanese banks pilot stablecoin-based cross-border payments

Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.

/payments

How the Commercial Payments Market is Evolving

At EBAday 2024, Wim Grosemans, Global Head of Product Management Payments and Receivables, BNP Paribas, sets the scene around how the commercial payments market is evolving. From an infrastructure perspective, the interview details how banks should make important moves to implement instant payments, ISO 20022 and cross border payments as regulation dictates, so there is a lot to do on the plumbing within a financial institution for tomorrow's payments. A staggering amount of digitisation is also incoming, which will result in digital payments soaring and with this, an ecommerce boom for B2C customers and B2B customers.