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/Sibos

HSBC names Lewis Sun head of payments and cash management, China

Lewis Sun has been appointed as Head of Payments and Cash Management (PCM) for HSBC in China, effective 12 February 2015. In his role, he will work closely with both HSBC’s Commercial Banking and Global Banking businesses to drive business growth in China.

/Sibos

Worldwide IT spending to decline 1.3 per cent in 2015

Worldwide IT spending is set to shrink to $3.66 trillion in 2015, a 1.3 per cent decrease from 2014, according to the latest forecast by Gartner, Inc. (see Table 1). Gartner said that the rising dollar is chiefly responsible for the slowdown.

/Sibos

Corporate banks must adapt in wake of disruptors - BCG report

Corporate banks, a majority of which are plagued by declining economic profit, must take bold steps to adapt their business models or potentially suffer prolonged, painful periods of underperformance, according to a new report by The Boston Consulting Group (BCG).

/Sibos

Swift appoints David Lefferts managing director, market initiatives, Americas

SWIFT today announces the appointment of David Lefferts as Managing Director, Market Initiatives for the Americas.

/Sibos

Nacha explores the role of mobile in ACH transactions

NACHA—The Electronic Payments Association® announced today that its Payments Innovation Alliance released a white paper, “Leveraging the Mobile Channel for ACH Payment Innovation.”

/Sibos

Innotribe Startup Challenge names sponsors

Innotribe announces Wells Fargo, Luxembourg for Finance, Level39, Invest Northern Ireland and HP as event sponsors for the 2015 Startup Challenge.

/Sibos

Swift expands in sub-Saharan Africa

SWIFT will open two new offices in 2015 – in Accra, Ghana and Nairobi, Kenya – as a crucial part of its pan-Africa growth plans. From these offices, SWIFT will manage an expanded presence across the West and East Africa regions.

/Sibos

Misys secures Swift certification for trade and supply chain finance

Misys, the leading financial software company, today announced that it has been awarded the SWIFT Certified Application labels for trade, supply chain finance and corporate supply chain finance for the seventh consecutive year.

/Sibos

Swift announces 10% rebate on 2014 messaging

SWIFT announces a 10 percent rebate on 2014 messaging fees which will return more than EUR 30 million to SWIFT users worldwide. The rebate will be paid in early March 2015.

/Sibos

Markit deploys C24 Integration Objects to validate Swift messages

C24 Technologies, a leader in financial services messaging and integration solutions, today announced that Markit, a leading global diversified provider of financial information services, has deployed C24 Integration Objects to validate SWIFT messages sent to customers of Markit's Corporate Actions service.

/Sibos

Swift KYC registry goes live for correspondent banks

SWIFT announces that The KYC Registry is now available to banks seeking to increase efficiency and reduce risk related to their correspondent banking Know Your Customer (KYC) compliance activities.

/Sibos

Swift expands corporate services centre in Kuala Lumpur

SWIFT today announces that it has doubled its office space in the Kuala Lumpur Corporate Services Centre, Malaysia, further strengthening its physical presence in the region to meet the growing needs of customers and the industry.

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