Sibos

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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.

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Deutsche Bank deploys Swift's 3SKey for Apps Market access

Deutsche Bank’s Global Transaction Banking division is extending the use of SWIFT’s 3SKey service to provide a complete single token service for secure customer authentication on its Autobahn App Market, Deutsche Bank’s electronic product offering providing direct online access to Bank-wide services in a single location.

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Bangladesh Bank goes live with its new RTGS, supported by Swift

Swift announces today that the Bangladesh Bank successfully went live with its new Real-Time Gross Settlement system.

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Funds processing rates reach new levels of automation

The European Fund and Asset Management Association (EFAMA) today published in cooperation with SWIFT, a new report on the evolution of automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland in the first half of 2015.

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More needs to be done to attract women to banking

Carol Ho, Managing Director, Bank of America Merrill Lynch, speaks about the growth of women in treasury roles in the Asia Pacific, and the company’s plans and programmes in place to nurture and empower women in the company.

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There is not ‘one’ optimal operating model

SWIFT Institute academic, Professor Siew Kien Sia, Director of the Information Management Research Centre (IMARC) at Nanyang Business School, discusses his research which focuses on process redesign, enterprise systems, enterprise integration, complex organisation design, and digital capabilities in global enterprises, which he presented at Sibos 2015 as part of the SWIFT Institute Lecture Series.

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It’s about business, not technology

Sylvie Boucheron-Saunier, VP & GM, Major Accounts, Europe, ACI Worldwide, and Mitch Armstrong, VP Sales, Transaction Banking, ACI Worldwide, discuss the need to look beyond technology developments such as blockchain and real-time payments and focus on the new business opportunities they enable, and the value for banks and established vendors in collaborating with fintech start-ups to improve the overall ecosystem.

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ABS market needs a government structure

SWIFT Institute academic, Ann Rutledge, Adjunct Assistant Professor, Hong Kong University of Science & Technology, and founding principle and CEO, R&R / Credit Spectrum, discusses her research into China’s domestic securitisation markets and how it is poised to leapfrog the West. She presented her research at Sibos 2015 as part of the SWIFT Institute Lecture Series.