336 Results from /sibos
Retired Member
A survey by my company - ACI Worldwide - at Sibos found that 78 percent of those delegates questioned who expressed an opinion ‘strongly agree' or ‘agree' that the migration to SEPA instruments has been disappointing to date. In addition, 46 percent of respondents feel there is nothing more that the banking industry's self regulation of SEPA can ...
18 September 2008 /payments /sibos Finextra@Sibos
Writing this, I come fresh from yesterday’s SIBOS panel on the merits of central authority intervention in the capital markets. The timeliness of the topic made the discussion a livelyone, especially with today’s securities industry experiencing heightened scrutiny as a result of the credit crunch. For me, the burning issue around regulation is
18 September 2008 /sibos
Growth in Transaction Banking; are banks going back to basics or is there a killer application ? While the global financial markets face severe meltdown, one area within banking quietly continues to prosper - Transaction banking. Consider this – Between Citi, HSBC and JPMC income from global transaction banking in 2008 is expected to touch US$ 15b...
17 September 2008 /sibos /wholesale Transaction Banking
...but how? In one of my earlier posts, I mentioned that change needs to occur in order for SEPA to succeed. Over the course of the past few days at Sibos, it has become even clearer to me that three fundamental changes need to take place: 1. There must be an agreed end date for the existing legacy systems. Without a cut-off point to aim for, ba...
17 September 2008 /payments /sibos Finextra@Sibos
Before supplier financing, one of the few options open to the supplier to fund their business activity was factoring – a process that is often heavily paper-based, involves changes to the payment processes of the buyer, and is relatively expensive compared to other types of short-term financing. Not many companies are willing to use factoring as
17 September 2008 /sibos
SWIFT benefits for coporates are clear but the practicalities are being defined When SWIFT opened up its messaging services and network to corporates, it was initially aimed at the top 2000 global organisations. The cost of hardware, service charges and bank fees, along with the considerable project costs and time to implement the services ensured...
16 September 2008 /sibos
The drying up of liquidity and lack of lending – the result of the credit crunch - is continuing to massively impact on corporates that require funding for growth or continue trading where their payment terms with buyers have been delayed. The move to more open account trading for cross border trade has also required the supplier to fund their r
Atso Andersen Head of Corporate Relations at Aalto University
The phenomenon of social networking is becoming increasingly popular and the number of web tools that facilitate online conversation and interaction are growing. Millions of people are now exploiting these tools to share ideas, experiences and perspectives on a range of issues. As the social networking phenomenon evolves, individuals are becom
Price and cost reduction featured heavily in today's opening plenary with much emphasis on the co-operative nature of Swift. But all of this discussion is set against the backdrop of - not to put too fine a point on it - bank survival. And the current SEPA challenge is not making the situation any easier. One bank today told me that their SEPA pla...
15 September 2008 /payments /sibos
So good, it’s a waste of time: why banks and corporates need a common language If a colleague were to appraise your work with the words “this is so great, it’s a waste of time”, you might be offended or at least mystified. In Hebrew this expression is a compliment, but it doesn’t work in translation to business English. Learning the quirks of the
08 September 2008 /sibos /wholesale Financial Supply Chain
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