Sibos

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/Sibos

Zafin launches corporate banking tool to manage pricing and governance

At Sibos 2017, Zafin, a leader in financial technology, announced Zafin Client Offer Management, a product for corporate and commercial banks to manage pricing and deal governance.

/Sibos

Swift adopts Wolfsberg DDQ for KYC Reigstry

SWIFT is aligning its Know Your Customer (KYC) Registry with the new Wolfsberg Due Diligence Questionnaire (DDQ) for Correspondent Banks.

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FIS and Citi bring real-time payments to the corporate treasury

FIS (NYSE: FIS), a global leader in financial services technology, and Citi Treasury and Trade Solutions announced today that they are collaborating to enable real-time payments and cash management for their corporate treasury customers.

/Sibos

JPMorgan bids to revolutionise interbank payments with Quorum

JPMorgan is to pilot the application of cross-border interbank payments over its enterprise-ready distributed ledger and smart contract platform Quorum.

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Oracle releases Open API suite; transaction filtering service for account screening

In today’s economy, banks seek to adapt a more customer-centric business model by delivering new services with greater transparency.

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Accuity lifts the hood on new screening upgrade

Accuity, the global financial crime compliance, payments and KYC solutions provider, today announced the launch of its latest generation of transaction screening technology designed to help clients automate and gain an end-to-end view of their financial crime compliance screening so that they can demonstrate their compliance policy in action to regulators.

/Sibos

Broadridge chosen to host Earthport FX and cash management processing

Broadridge Financial Solutions, Inc. (NYSE:BR) announced that Earthport PLC, a financial services company that provides cross-border payment services to business enterprises and banks, has chosen Broadridge’s hosted service for Foreign Exchange and Cash Management processing.

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Temenos ports payments hub to Microsoft Azure

Temenos (SIX: TEMN), the software specialist for banking and finance, has extended its leadership in cloud-based banking and finance software with the launch of its Payment Hub in cloud on Microsoft Azure.

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Nedbank goes live with China Systems for trade finance portal

Nedbank is one of South Africa’s major banking groups, offering the full range of wholesale and retail banking services through a growing footprint across Africa.

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IBM uses blockchain to improve cross-border payments processing

IBM is leading a project that uses public blockchain technology to make international payments in developing countries more efficient and less expensive.

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Swift positive on blockchain, but big challenges remain

Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.

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Chaps forecasts 43.5 million payments processed in 2026

The long-term volume growth forecasts for CHAPS demonstrate resilient demand for the UK’s same day high-value payment method despite wider medium-term economic uncertainty, according to a new report published today (11 October 2017) by CHAPS Co.

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Taiwan's Far Eastern International Bank suffers malware attack

A Taiwanese bank has become the latest to fall victim to hackers planting malware on its servers and sending unauthorised, doctored messages through the interbank Swift network.

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ACI Worldwide ships UP Real-Time Payments system

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today launched the UP Real-Time Payments Solution—the only global solution that allows financial institutions to address their Real Time Gross Settlement (RTGS), SWIFT messaging and real-time payments needs with a single, universal offering.

/Sibos

SwiftNet Instant to provide access to EBA Clearing’s RT1 system

SWIFT and EBA CLEARING today announced that users of EBA CLEARING’s instant payment system, RT1, will be able to access the platform via SWIFTNet Instant from November 2018.

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Banks bringing the benefits of GPI

Wim Raymaekers, Head of Banking Market and SWIFT gpi, SWIFT, talks about global payments innovation as the new standard for handling cross-border payments, how banks are collaborating to make the most of this initiative by creating new business opportunities and what we can expect to hear from this year’s Sibos sessions on gpi.

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Financial crime compliance continues to be top of mind

Tony Wicks, Head of AML and Fraud Prevention Initiatives, SWIFT, highlights what key drivers will influence the compliance debate at Sibos this year, what event attendees can expect to hear during compliance sessions and what is in store for 2018 and beyond.

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Corporates now expect immediate satisfaction from their banks

Conor Colleary, Vice President and Head of Solution Consulting, Oracle Financial Services Business Unit, talks about the expectations corporates have of their banks, how banks are responding, the effect these challenges will have on them as they aim to provide increasingly digitally based, real-time services and whether they are prepared.

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Banks’ four pillar strategy for real-time payments

Conor Colleary, Vice President and Head of Solution Consulting, Oracle Financial Services Business Unit, talks about how banks are meeting the technology demands of real-time payments by becoming more holistic, flexible, innovative and collaborative, whether real-time compounds the problem banks have managing legacy infrastructure and building new platforms and what strategies they should adopt in the future to enhance innovation.

/Sibos

Banks from nine countries to join EBA CLEARING’s instant payment system RT1 for go-live

EBA CLEARING today confirmed that banks from nine countries are preparing to join RT1, the Company’s pan-European infrastructure solution for instant payments in euro, on its go-live date in November 2017.