Latest Sibos News: Finextra Research

Company update/Sibos

Argentina’s CSD joins Swift

SWIFT announced today that Argentina’s CSD, Caja de Valores, is now fully operational directly on its network. In an effort to increase efficiency and resilience in Argentina’s capital markets, the CSD is executing all its international transactions via SWIFT.

13 September 2016

Company update/Sibos

BNY Mellon to roll out new payment capabilities

The transformation of BNY Mellon's payment infrastructure that began two years ago with upgrades to the company's global payment capabilities will continue this fall with the launch of several important new processing and reporting enhancements.

07 September 2016

Company update/Sibos

Swift's Sanctions Screening service pulls in 500th customer

SWIFT announces another important milestone for its hosted compliance services – the 500th customer for the SWIFT Sanctions Screening service.

07 September 2016

News/Sibos

Swift presses banks on security as more hacks surface

Interbank co-operative Swift is facing an uphill battle to convince its membership of the urgency of upgrading security after revealing a further spate of hacks against users of the financial messaging network.

31 August 2016

News/Sibos

Global Fintech Hubs Federation launches

Innotribe, Swift's innovation arm, and London-based Innovate Finance have signed up more than 20 countries to a new Global Fintech Hubs Federation (GFHF) that will work to bring together the international community of financial technology players.

25 August 2016

News/Sibos

UBS wins big bank backing for Utility Settlement Coin concept

BNY Mellon, Deutsche Bank, Icap and Santander have joined with UBS and Clearmatics to advance the Utility Settlement Coin, an asset-backed digital cash instrument implemented on distributed ledger technology.

24 August 2016

News/Sibos

Swift forms High Value Payments taskforce for ISO 20022

Swift is to push the gospel of global interoperability for the ISO 20022 messaging standard to the very top of the payments food chain with the formation of a High Value Payment taskforce comprised of global banks and major market infrastructure providers.

18 August 2016

Company update/Sibos

Swift majors on interface security

SWIFT announces the launch of a campaign to increase awareness for existing security features in its interface products.

16 August 2016

Company update/Sibos

ICBC signs for Swift’s Watch portfolio

Swift today announces that Industrial and Commercial Bank of China (ICBC) has implemented its entire SWIFT Watch portfolio of solutions to analyse the bank’s traffic across its network.

11 August 2016

News/Sibos

Innotribe expands at Sibos as innovation chat moves centre stage

Innotribe, the innovation arm of Swift, is expanding its capacity at the messaging co-operative's annual Sibos jamboree by 50%, but don't expect any chat about distributed ledger technologies, which has now been swallowed up by the mainstream event.

08 August 2016

News/Sibos

Philippines central bank hits cyber-heist institution with $21 million fine

The central bank of the Philippines has levied a record $21.3 million dollar fine on Rizal Commercial Banking Corp (RCBC) for its part in the massive $81 billion Bangladesh cyber heist.

05 August 2016

News/Sibos

Bitcoin and blockchain pose little risk to payments giants - Credit Suisse

Visa, MasterCard, WorldPay and others in the payments sector can relax: Bitcoin will remain a niche player and blockchain technology poses little risk, according to a new report from Credit Suisse, which has less comforting news for Swift.

05 August 2016

Company update/Sibos

Indian banks join Swift payments initiative

SWIFT announces today that ICICI Bank and AXIS Bank are the first Indian banks to sign up for its global payments innovation initiative.

26 July 2016

News/Sibos

Swift calls in outside help to shore up cyber defences

Interbank messaging network Swift has engaged cyber-security specialists BAE Systems and Fox-IT and created a dedicated 'Forensics and Customer Security Intelligence Team' to help shore up its defences in the wake of a string of high-profile attacks at multiple bank sites.

11 July 2016

Company update/Sibos

Swift daily messaging volumes exceed 30 million mark

The end of June peak in Payments traffic, combined with the ongoing Brexit-related surge in Securities and Treasury traffic, triggered two successive FIN traffic peak days on Tuesday 28th and Thursday 30th June 2016.

06 July 2016

News/Sibos

Ripple goes after Swift; talks up multi-sign

Ripple is looking to capitalise on the recent spate of successful bank heists from institutions connected to the global Swift network by introducing a multi-sign feature on its consensus ledger.

06 July 2016

News/Sibos

Bank payment networks to prevail over bitcoin - Citi

Bitcoin does not as yet pose a threat to existing centralised payment networks, argues Citibank in a new research report, dismissing the digital currency as an interesting experiment with limited use cases for peer-to-peer transfers.

01 July 2016

Company update/Sibos

Three Latin American startups share $30k Innotribe challenge prize

The Innotribe Startup Challenge attendees selected the three most promising FinTech companies during its first annual showcase for Latin America.

30 June 2016

Company update/Sibos

Swift adds news service to KYC Registry

SWIFT announces the launch of KYC Adverse Media, a news service integrated into its KYC Registry, a centralised repository that maintains a standardised set of information about financial institutions required for KYC compliance.

29 June 2016

News/Sibos

Swift signs 73 banks to global payments initiative

Interbank messaging network Swift has signed 73 banks to its global payments initiative, a range of service level agreements intended to improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments.

28 June 2016