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Over half of financial institutions look to outsource tax services

Research conducted by SIX Securities Services has revealed that as financial institutions become increasingly capital constrained, almost a third (32%) are looking to outsourcing as a way to reduce costs.

/Sibos

Bank payment revenues hit $1.1 trillion in 2015 - BCG

Facing tough challenges both from small fintech startups and from global digital giants, incumbent transaction-banking leaders must improve customer journeys, maximize security, minimize complexity, and add value beyond pure payments if they hope to survive and thrive, according to a new report by The Boston Consulting Group (BCG).

/Sibos

Broadridge adds cash management to post-trade suite

Broadridge Financial Solutions, Inc. (BR) today announced the extension of cash management capabilities to its industry leading Global Post Trade Management Solution (GPTM), which helps leading financial institutions optimize their use of capital across multiple asset classes and global markets.

/Sibos

Hyperledger welcomes five new members

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today at Sibos in Geneva, Switzerland, that five new members have joined the project to help create an open standard for distributed ledgers for a new generation of transactional applications.

/Sibos

Banks see strong potential for AI in payments - Finextra Research

Pelican, a leading provider of solutions to the financial services sector, today released the findings of its global survey ‘Leveraging artificial intelligence for payments efficiency’, which explores the attitudes of senior payment professionals within banks and corporates towards the use of artificial intelligence (AI) in supporting the payments business and related processes.

/Sibos

IPFA drafts rulebook for cross-border instant payments

The International Payments Framework Association (IPFA) announces the first global scheme to transact real time payments as cross-border and cross-currency credit transfers.

/Sibos

Finexus selects Volante for RTGS message transformation across Apac

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, today announced it has been chosen by Finexus to provide the key MT to MX message transformations in complex multi-currency Real-time Gross Settlement (RTGS) System implementations.

/Sibos

Accuity launches dual-use goods screening engine

Accuity, the leading global provider of compliance solutions, has today launched its enhanced dual-use goods screening capability. This sophisticated screening engine intelligently differentiates between goods that could have civil and military purposes.

/Sibos

D+H Rebrands financial messaging platform

DH Corporation ("D+H") (TSX: DH), a leading provider of technology solutions to financial institutions globally, today announced it has rebranded its flagship financial messaging platform as Total Messaging.

/Sibos

Misys-inspired World Trade Board advances trade finance agenda

Today at Sibos 2016, the World Trade Board unveiled three key initiatives to drive the trade finance agenda.

/Sibos

Russia's NSD earns premier status for Swift Service Bureau

SWIFT has assigned the Premier certification status to the Service Bureau of National Settlement Depository (NSD), Russia’s central securities depository.

/Sibos

Commerzbank processes first live BPO between Germany and China

Commerzbank has processed its first transaction settled by a Bank Payment Obligation (BPO) between Germany and China, covering the export of chemicals from China to Germany.

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