31 Results from 2013, /sibos
Retired Member
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...
16 September 2013 /sibos Standards Forum
Chris Principe CEO at APB, Inc.
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...
16 September 2013 /sibos Innovation in Financial Services
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
Release from the FCA on how it intends to deliver on its responsibilities, will be very interesting to see how much of this is reiterated in the Regulation and Rebuilding Trust plenary session at Sibos on Weds 18th Sept. What feedback will the panel provide and where do they see the key challenges and conflicts with the national regulators? If yo...
03 September 2013 /sibos Financial Services Regulation
Miloslav Hoschek Freelancer at e-Silk Road, NGO
Global trends 2030: Alternative Worlds Economic growth might decline in “aging” countries. sixty percent of the world’s population will live in urbanized areas; migration will increase. food, Water, energy nexus demand for these resources will grow substantially owing to an increase in the global population. tackling problems pertaining to one co...
02 September 2013 /sibos Payments strategies 2015-2020-2030
Regulation is going to be one of the key themes at Sibos 2013. And this is not surprising, given the tsunami of new regulatory requirements that financial organisations will be inundated with over the next 12-18 months. A recent report by analysts Celent revealed that financial institutions expect to spend in excess of $50 billion on risk and regul...
16 August 2013 /regulation /sibos
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