336 Results from /sibos
Chris Principe CEO at APB, Inc.
Global Trade has never NOT had a Golden Age ... Trade is the driver behind everything that happens and the reason why it happens. Trade is the reason that people have expanded across the globe. Trade is the reason that new innovations happen and then are spread to everyone. Trade is the motivation for acquiring knowledge and with it wealth. Throug...
16 September 2013 /sibos Innovation in Financial Services
Retired Member
One of the best sessions at Sibos today came from McKinsey, who for the third year in a row fielded Philip Bruno and Marc Niederkorn to forecast what’s likely to happen to payments over the next few years. It was pretty upbeat stuff on the whole. They believe that payments revenues will grow about 7% a year, adding around half a trillion dollars...
For a standard that claims to be the one standard to bind them all, a method for developing standards, and a framework to allow multiple message syntaxes to co-exist, one might think that we could at least agree on how to pronounce the name. Over the years I've heard all sorts of variations and I thought by now I've heard them all. Surprisingly I ...
16 September 2013 /sibos Standards Forum
So, here we are again. Another Sibos. Another Standards Forum. The waiting is over and it’s time to get down to business. On Monday we kick off at 9:30am with “Professor” Tom Poppe who will be working the early shift every day, what a trooper! Today Tom will take a look at how standards have evolved in the 40 years since SWIFT was created. F...
One of the big buzzes around Sibos this year has been the Bank Payment Obligation (BPO) and the new ICC Uniform Rules for BPO (URBPO) released this April. (http://www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Task-forces/Bank-Payment-Obligation-(BPO)/) It seems everyone was holding their breath for the dropping of the rule book, as if the gi...
I was last in Dubai 13 years ago, presenting at the GITEX IT show on Internet Security. Working with a local partner which specialised in Lotus Notes implementations and was comprised mostly of (local) Indians, I developed a taste for masala dosa and an affection for the small emirate. Then the skyline was troubled only by the World Trade Centre a...
15 September 2013 /payments /sibos
Wow, SIBOS, the 20+ year brainchild of SWIFT is upon us again! There is no event that excites me like SIBOS. I have been to 11 of the last 13 SIBOS's and sad to say that I will be missing this years in Dubai. There are so many expectations for SIBOS and this year is no exception. Top of my list is the Bank Payment Obligation (BPO) which in a h...
15 September 2013 /sibos Innovation in Financial Services
As many of us prepare to board flights to Dubai for Sibos, I’m wondering what others are hoping to hear and learn this year. A few things in my mind: It’s SWIFT’s 40th birthday, hurrah! At the London Forum earlier this year, SWIFT reminded us that it all began with the telex machine. Remember punched tape and testkeys? Today’s world is radically di...
11 September 2013 /payments /sibos Payments strategies 2015-2020-2030
A few weeks ago it seemed like we had an eternity to prepare for Sibos. Now we've got less than a week to go, and like many others I'm scrambling to get ready. I'll be spending a lot of time at the Standards Forum as usual, and this year I will be blogging right here on finextra.com directly from Dubai during the week. No pressure then. On Tuesda...
10 September 2013 /sibos
Banks are under intense regulatory pressure to improve their services and mitigate financial risk while providing more lending to businesses and consumers that’s critical for a return to growth in many major economies globally. Upcoming measures linked to the European Mortgage Credit Directive and the UK Mortgage Market Review due in April 2014 wi...
04 September 2013 /sibos
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