Sibos - Announcements, News, Articles & Research: Finextra

Bolivia's banking community adopts Swift's KYC

Swift announces today that Bolivia’s banking community connected to SWIFT is now using The Know Your Customer (KYC) Registry, Swift’s centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.

13 April 2016

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Swift expands financial crime portfolio to help banks comply with new FATF rules

SWIFT announces that it will launch Payments Data Quality, an advanced reporting and data analytics service to help financial institutions comply with new international requirements for originator and beneficiary information in payments messages.

11 April 2016

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Seven university student teams to pitch for Swift Institute Challenge prize

SWIFT Institute announces today that it has selected seven university student teams to compete in the inaugural SWIFT Institute Challenge at the SWIFT Business Forum London on 20 April at Tobacco Docks.

06 April 2016

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21 banks joins Swift payments innovation pilot

SWIFT announces today that 21 banks have started the pilot for its global payments innovation initiative, intended to improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments.

05 April 2016

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Swift delivers Iban to BIC conversion service to Payments UK

SWIFTRef, SWIFT’s global reference data utility, has successfully designed, built and delivered the IBAN/BIC reference platform for the UK community under the guidance of Payments UK.

22 March 2016

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Ukraine endorses Swift's ISO20022 harminsation initiative

The Ukrainian National Securities and Stock Market Commission (NSSMC), the financial authority in the Ukraine, has formally endorsed the ‘ISO 20022 Harmonisation Charter’.

16 March 2016

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Bank of Philippine Islands awarded Swift’s bank-readiness certificate

Swift announces that Bank of Philippine Islands (BPI) has recently been awarded the bank-readiness certification from Swift.

11 March 2016

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Cross-industry initiative establishes standard definitions for supply chain finance

A new set of definitions launched today will help address the global need for a common understanding of terminology, nomenclature and techniques related to supply chain finance.

09 March 2016

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Swift India goes live

SWIFT India Domestic Services Pvt Ltd (“SWIFT India”) celebrates today its go-live ceremony.

03 March 2016

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Volante Technologies supports Swift Standards Release 2016

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, today announced support for the latest SWIFT Standards 2016 update.

29 February 2016

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HSBC Germany chooses Swift to connect to Target2-Securities

Swift announces today that HSBC in Germany will use Swift’s Value Added Network (VAN) solution to connect to Target2-Securities (T2S).

24 February 2016

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Iranian banks re-connect to Swift

Following the historic event of implementation of Joint Comprehensive Plan of Action (JCPOA) agreed by the 5+1 countries on January 16th 2016, the Central Bank of the I.R. of Iran started the plan of SWIFT rejoining process for all Iranian banks whose sanctions were lifted on that day.

17 February 2016

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