336 Results from /sibos
Retired Member
The limited availability of credit following the financial crisis coupled with the potential consequences of Basel III has resulted in a crunch on lending to corporates. Banks and corporates have become more attracted to financing opportunities linked to supply chain transactions. In a recent report, Celent even went as far as to ask whether suppl...
10 October 2011 /payments /sibos
Gary Wright Analyst at BISS Research
Getting good accurate corporate data within an acceptable time frame for the market to make decisions and act you would think was problem that disappeared years ago. The fantastic increase communication efficiency, the scope of media coverage and the introduction of electronic message standards are all plus points that should have already eliminat...
06 October 2011 /sibos Post-Trade Forum
Roy McPherson
When we were at Sibos we enjoyed a team dinner in a local restaurant. As the topics of the day were mulled over somewhere up popped a contentious question "If the Greeks default, and Greece disengages from EUR and reverts to the GDR, would back office systems cope"? As the discussion raged back and forth, buoyed by the odd jar or two, i...
05 October 2011 /regulation /sibos SWIFT Matters
As we're wrapping up the loose ends from Toronto, the thing I keep coming back to is how different the conversations were than they have been in the past. I spoke to a lot of people, primarily from financial institutions, and it almost didn't matter what technology they were talking about - they all had the same concerns. Rather than fancy ideas or...
04 October 2011 /payments /sibos
Small and large companies alike want more streamlined A/R processes. The driver behind a common standard for remittance information delivery is to enhance the value of and promote the growth of electronic payments in order to improve efficiencies and enable straight-through processing. Earlier this summer, I attended a remittance standards confer...
29 September 2011 /payments /sibos Payments strategies 2015-2020-2030
Regulation is a fact of life in the payments business but when it was discussed at Sibos, people seemed united in their opinions on how best it should be tackled. And common standards and communication are at the root of their recommended approach. A regulation like Basel III is best implemented with a maximum harmonised approach across the globe, ...
22 September 2011 /payments /sibos Finextra@Sibos
With a session being held at Sibos today on whether it is too late for banks to compete in mobile payments, I thought I’d revisit a theme I’ve blogged about in the past; banks and their mobile payments’ strategy. Having spoken to a number of banks about their mobile money and payments strategy recently, it is clear that there is no one standardise...
21 September 2011 /payments /sibos Finextra@Sibos
When it comes to liquidity risk management, financial institutions suffer from the Goldilocks syndrome. In the fairy tale, Goldilocks first tasted a bowl of porridge that was too hot, then she tasted a bowl that was too cold and finally she found a third bowl that was just right. It is the same with the balance of liquidity for financial institut...
21 September 2011 /regulation /sibos
Fraud is much like a balloon – if you squeeze one end (through new tools, policies, strategies), the pressure builds and “balloons” out elsewhere. For banks it means fraud moves to another channel, payment type, pattern, or maybe even hopefully to another institution, such as online fraud, account takeover or identity theft. Criminals test for the...
Sibos 2011 has been talking about innovation and not just at Innotribe. Google Wallet, Movembank, changing the business model for banks and a new approach to regulation have all been discussed. One topic which seems important for vendors and service providers is that of mobile payments. Firstly, what do we mean by the term mobile? Many readers assu...
21 September 2011 /payments /sibos
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