341 Results from /sibos
Retired Member
On the first day of Sibos My Transaction Banker gave to me A current account and OD facility On the second day of Sibos My Transaction Banker gave to me Two virtual accounts And A current account and OD facility On the third day of SIBOS My Transaction Banker gave to me Three sweep structures Two virtual accounts And A current account and OD faci...
26 September 2019 /sibos Transaction Banking
Bob Lyddon Consultant at Lyddon Consulting Services
It is surprising to find nothing on the agenda of SIBOS conference or the SWIFT Payments Market Practice Group about the recent court decision that negates vital content of the SWIFT Message Reference Guide and BIS and PMPG documents on the subject of MT202 COV. The issue is the extent of the MT103 sending bank’s obligation to the MT103 receiving ...
24 September 2019 /payments /sibos
Harry Newman Head of Banking at SWIFT
Harry Newman, Head of Banking, SWIFT Domestic payments are getting faster and faster. Real-time and instant are now synonymous with the transfer of value between businesses and consumers. How is this new customer experience translating in wholesale cross-border payments between financial institutions? It's clear to see that the world of payments is...
23 September 2019 /payments /sibos
Open banking - the concept of using an open API technology to enable third-party software providers and banks to build new, customer-centric financial applications and services - has the potential to unite the UK and European banking customer. It can do this by bringing them into a new era; one in which they are at the centre of the financial serv...
23 September 2019 /sibos Open Banking
Philippe Carrel Chief Commercial Officer at Finmechanics
Technology is a starting point — the end goal is to use it to regain control of change management. REDUCING EQUATIONS There’s nothing new with banks being compelled to transform to keep relevant. As enablers of economic growth, banks are constantly under pressure to morph into something else, due to either globalisation, regulation, advance in tech...
22 September 2019 /sibos Capital Market Technology
Steve Morgan Banking Industry Market Lead at Pegasystems
When Open Banking and the open APIs it allows came on the scene, it presented a huge opportunity for financial institutions to broaden the type of services on offer their customers. As a result, a primary way banks are choosing to diversify their offering is by partnering with third parties who have products relevant to their customers. But do the...
19 September 2019 /sibos Open Banking
Richard Ransom Corporate Payments Specialist at Virtusa
Application Programming Interfaces (APIs) in payment processing are gaining traction globally. In addition to open banking, they are now being used end to end in the payment value chain – linking internal systems together more efficiently, accessing external applications, enabling the microservices transformation of legacy systems, and providing n...
10 September 2019 /payments /sibos Finextra@Sibos
Golnaz Amininejad SWIFT gpi Market Manager at SWIFT
Over the past few years, the SWIFT community has been on a remarkable journey. We've taken a giant leap towards revolutionising the cross-border payments experience for thousands of banks, corporates, market infrastructures and securities players involved in sending international payments. That revolution has ushered in an era where cross-border p...
10 September 2019 /payments /sibos
At Sibos this year I noticed a lot of references in keynote sessions to the Fourth Wave of the Industrial Revolution, the ensuing shake-up of the jobs market, and how this would apply to the financial services sector. The World Economic Forum’s Centre for the Fourth Industrial Revolution is doing a lot of research in this area, and its Future of
12 November 2018 /sibos
Sibos 2018 saw representatives of the main cloud players in financial services with AWS, Google Cloud, IBM and Microsoft Azure filling seats on panels and providing a cloud technology perspective on digital transformation initiatives they are contributing to. Most of the larger financial institutions are pursuing a hybrid multi-cloud strategy, a
08 November 2018 /sibos
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