Latest Sibos News: Finextra Research

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

Finextra TV/Sibos

‘From disruption to real world change’

Erica Åhman, Head of Nordics, SWIFT, speaks about the value of this year’s SWIFT Nordics Regional Conference in Oslo for the Norwegian and Nordic communities, and what important global payments topics will be discussed, alongside securities and an Innotribe session.

29 January 2016

News/Sibos

Swift challenges UK universities to unblock remittance flows

Bank-to-bank payment network Swift is to tap the brainpower of UK university students in an effort to find new ways for banks to more cost-effectively serve the global remittance market.

27 January 2016

Company update/Sibos

Innotribe opens applications for Africa startup challenge

SWIFT announces today that the Innotribe Startup Challenge for Africa is open for applications.

26 January 2016

Company update/Sibos

Collateral mangement vendor CloudMargin connects to Swift

CloudMargin, the multi award-winning provider of innovative web-based collateral and margin management workflow, has announced it has become the first cloud-based collateral management solution to become a member of SWIFT, providing CloudMargin clients with direct market connectivity through SWIFT - consolidating multiple collateral pools, margin messaging, automating collateral deliveries, receipts and substitutions and monitoring settlements.

26 January 2016

Company update/Sibos

Swift kicks off corporate-to-bank initiative in the Philippines

SWIFT announces the Philippines Corporate-To-Bank (C2B) Initiative to improve financial operations for corporates in the Philippines.

21 January 2016

Company update/Sibos

45 banks sign up to Swift payments innovation initiative

SWIFT announces that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015.

21 January 2016

Company update/Sibos

Swift signs 2000 banks to KYC Registry

More than 2,000 financial institutions have signed up for The Know Your Customer (KYC) Registry, SWIFT's centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.

19 January 2016

News/Sibos

Iranian banks get green light to reconnect to Swift

Four years after taking the unprecedented step of barring Iranian banks from the Swift network, the Belgian-based co-operative is preparing to welcome the country's banks back into the fold following verification of a political agreement reached with Western powers over Iran's nuclear ambitions.

18 January 2016

Company update/Sibos

Sberbank joins Swift’s KYC Registry

Swift’s KYC Registry continues to gain momentum with some of the largest banks in Eastern Europe and as far east as Mongolia

13 January 2016

Company update/Sibos

Barclays partners with Swift India

Swift India announced today that Barclays has selected it as a channel for payments, cash management, trade finance and treasury transactions for their corporate customers.

13 January 2016

Company update/Sibos

Swift announces 10% rebate on 2015 messaging

Swift announces a 10 percent rebate on 2015 messaging fees, returning approximately EUR32 million to Swift users around the world.

06 January 2016

Finextra TV/Sibos

Client needs must be at heart of digitalisation

Laurence Leyden, Global Vice President, Financial Services, SAP explains the implications of digitalisation on banks’ core back-end systems and how they can achieve success in modern banking interaction.

14 December 2015

News/Sibos

Swift bids to save correspondent banks from extinction

With the role of the middle man in financial services increasingly under threat from a host of new startups and technologies, international banking co-operative Swift has stepped in with a range of service level agreements intended to differentiate and improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments.

10 December 2015

Company update/Sibos

Intesa Sanpaolo signs for Swift's 3SKey

Swift announces that, Intesa Sanpaolo, one of the top banking groups in the euro zone, has signed up for 3SKey, a multi-bank and multi-channel solution for corporates to securely authenticate and approve operations using digital signatures and strong authentication.

09 December 2015

Company update/Sibos

BNP Paribas joins Swift's KYC Registry

Swift announces today that BNP Paribas has joined the Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance.

08 December 2015

Finextra TV/Sibos

If you haven’t started modernising yet you better

Falk Rieker, Global Vice President, Global IBU Head of Banking, SAP, discusses the factors urging banks to modernise their core banking systems and what challenges they face when transforming the existing system.

08 December 2015

News/Sibos

Innotribe pivots to explore internal opportunities for innovation at Swift

Innotribe, the innovation arm of financial messaging co-operative Swift, is to narrow its startup focus to emerging economies and instead operate as a force for driving collaboration around new utility-based services for member banks.

07 December 2015