Latest Sibos News: Finextra Research

Swift hails results of blockchain pilot for corporate actions data

Interbank co-operative Swift has successfully completed its blockchain-based corporate actions pilot, describing it as a "compelling solution".

24 March 2023

Company update/cloud

Eastnets migrates Americas Swift and sanctions screening infrastructure to Microsoft Azure

Eastnets, a global leader in compliance and payment solutions for the financial services industry, is responding to the increasingly complex and rapidly evolving financial landscape and becomes one of the first Swift service bureausi to migrate its full infrastructure in the Americas to Microsoft Azure.

22 March 2023

Company update/crypto

Xapo Bank collaborates with Circle to integrate USDC payment rails as an alternative to Swift

Xapo Bank, a leading Bitcoin custodian and licensed private bank, has collaborated with Circle, a global financial technology company helping money move at internet speed, to become the first licensed bank in the world to integrate USDC payment rails as an alternative to SWIFT.

21 March 2023

News/payments

Swift to develop beta version of experimental CBDC connector

Interbank co-operative Swift is reporting strong support from central and commercial banks after sandbox testing of an experimental method for interlinking central bank digital currencies (CBDC) with existing fiat infrastructures.

09 March 2023

Company update/payments

CBA extends daily process window for inward international payments to 24-hours

Commonwealth Bank of Australia (CBA) has achieved a further milestone supporting Swift’s Global Payments Innovation (GPI) initiative, with the launch of extended daily Australian dollar clearing and settlement processing for inward international payments.

27 February 2023

Company update/people

Swift's David Watson named CEO of The Clearing House

The Clearing House (TCH) today announced that President & CEO Jim Aramanda will be retiring in early-2023, after 15 years leading the company.

03 January 2023

News/people

Swift re-hires Grainger to lead Americas and UK business

Financial messaging co-operative Swift has re-hired Stephen Grainger from Mastercard to serve as chief executive for Americas and UK region.

03 January 2023

News/retail

Finextra's year in review

With 2022 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

23 December 2022

Company update/payments

Swift Go sign-ups triple

Swift today reported significant progress in 2022 toward the G20’s goals for enhancing the cross-border experience, rapidly setting a new standard for low-value payments, transforming upfront payment processing to remove friction, bringing new levels of transparency to the securities industry, and delivering breakthrough innovation to integrate CBDCs into the financial ecosystem.

29 November 2022

Finextra TV/Sibos

Infrastructure should never be an afterthought

Ramon Villareal, Chief Technologists Payments, Red Hat Global Financial Services joins FinextraTV at Sibos 2022. Discussing the driving forces behind payment data, Villareal shines light onto what Financial institutions should be doing to develop their infrastructure to support real-time and high-availability payments, where to implement flexibility, and how technology-driven decisions should be prioritized to embrace data and its potential.

22 November 2022

Finextra TV/Sibos

The opportunities real-time payments present

David White, EVP Global Payments and Financial Crime Compliance, LexisNexis Risk Solutions joins FinextraTV at Sibos 2022 to discuss the impact the rise of real-time payments is having on FIs and corporates, the risks they carry and how companies can take advantage of real-time payment opportunities safely, prioritising their customers.

22 November 2022

Finextra TV/Sibos

Keeping up with financial transparency and inclusion

Leslie Bailey, Vice President of Financial Crime Compliance Strategy, LexisNexis Risk Solutions, joins FinextraTV at Sibos 2022, discussing their recent financial transparency and inclusion study, and expanding on how data sharing arrangements could support financial inclusion goals and offering FIs advice on KYC checks.

22 November 2022

Finextra TV/Sibos

Bridging domestic payment systems across borders

Andy Smith, CTO, co-founder, RTGS.global joins FinextraTV at Sibos 2022, to offer a comprehensive explanation of the modern cross-border payments system and what the global settlement fabric is doing for cross-border payments.

17 November 2022

Finextra TV/Sibos

Opportunities innovative technology opens up for Financial Institutions

Monica Sasso, FSI EMEA Chief Technologist, Red Hat joins FinextraTV at Sibos 2022, keeping us current on what opportunities can emerge when opening up a bank's infrastructure. Particularly how challenges in independent innovation can turn into a chance to review new business prospects, what part open APIs play in pushing forward a new marketplace for customers' choices, and the opportunities to be found in moving away from legacy infrastructure.

10 November 2022

Finextra TV/Sibos

How a data-driven approach can optimize payment processing

Jacob Aruldhas, CEO, ECS Fin Inc. speaks to FinextraTV at Sibos2022 about the big changes happening in the payment processing ecosystem. Highlighting the issues and challenges facing banks, Aruldhas examines industry reaction to this fragmented environment, the lack of data accountability and how, in response, ECS Fin Inc. is taking a transaction-centric approach to optimize any payment processing environment.

10 November 2022

Finextra TV/Sibos

Pro-active approaches to managing KYC

Stella Clark, Chief Strategy & Marketing Officer, Fenergo joins FinextraTV at Sibos 2022 to discuss their recent KYC Industry Trends report. Evaluating sustainable rises in markets, and their globalisation, Stella addresses how financial institutions are approaching challenges in KYC compliance and what answers are needed to overcome the challenges automation presents.

09 November 2022

Finextra TV/Sibos

Reviewing financial institution's crypto strategies & their consumer potential

Dave Jevans, Executive Vice President, CipherTrace, a Mastercard company, speaks to FinextraTV at Sibos 2022 to recognize how financial institutions can identify their crypto exposure with on- and off-chain data, the importance of a crypto network and how financial institutions can instil trust in the crypto ecosystem for their businesses and customers.

07 November 2022

Finextra TV/Sibos

A clear path to bill payment solutions

Paul Francis Walvik-Joynt, Senior Vice President of Global Commercialization, Bill Pay, Mastercard, discusses how innovations in bill payments play a part in easing the pressure on consumers, detailing what availability and transparency will unlock for customers and how Mastercard Bill Pay will bring about a successful collaboration globally for the payment ecosystem.

07 November 2022

Company update/people

Swift appoints Max Mamondez as CFO

Swift today announces the appointment of Max Mamondez as Chief Financial Officer.

01 November 2022

Finextra TV/Sibos

The opportunity of Variable Recurring Payments in Europe

Jozef Klaassen, Vice President, Head of European Open Banking Sales, Mastercard joins FinextraTV at Sibos 2022, to discuss the future of VRP and Mastercard's work in building and strengthening European open banking through their acquisition of Aiia.

31 October 2022