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Movenbank promises to 'reboot' banking at Sibos

/Sibos

Movenbank promises to 'reboot' banking at Sibos

Bank innovation evangelist and inveterate Finextra blogger Brett King took to the stage at the Sibos international banking conference in Toronto to outline his plans for the creation of Movenbank, an entirely new branchless, paperless, and mobile centric bank.

China Citic extends Deutsche Bank FX4Cash service to corporate clients

/Sibos

China Citic extends Deutsche Bank FX4Cash service to corporate clients

China Citic Bank is to extend the use of Deutsche Bank's FX4Cash system beyond its retail base to provide global cross-currency payments processing for its corporate clients.

Cost-cutting and IT complexity top concerns for transaction banks

/Sibos

Cost-cutting and IT complexity top concerns for transaction banks

Reducing IT complexity and cutting costs are the biggest challenges facing transaction bankers, according to a survey of 44 top tier banks conducted by Finextra on behalf of Misys.

SunGard to buy Swift service bureau Syntesys

/Sibos

SunGard to buy Swift service bureau Syntesys

SunGard has reached an agreement on the acquisition of Syntesys, a European Swift service bureau, in a bid to expand its outsourcing service for corporate to bank messaging.

EBA Clearing calls for bank pilots for pan-European e-banking payment scheme

/Sibos

EBA Clearing calls for bank pilots for pan-European e-banking payment scheme

EBA Clearing has issued a call for pilot banks to participate in a iive trial of its MyBank online payment scheme in May 2012.

Sibos signing: China Minsheng and Deutsche Bank

/Sibos

Sibos signing: China Minsheng and Deutsche Bank

China Minsheng Banking Corporation is to use Deutsche Bank's Asia Accelerator package to offer more timely settlement of intra-Asian payment flows to its corporate client base.

S1 agrees to kill Fundtech deal; warns off ACI

/Sibos

S1 agrees to kill Fundtech deal; warns off ACI

S1 Corporation has backed out of its merger agreement with Fundtech after receiving an $11.9 million termination fee but insists it is still not interested in a takeover by ACI Worldwide.

Fundtech board ditches S1 for PE outfit GTCR

/Sibos

Fundtech board ditches S1 for PE outfit GTCR

The board of Fundtech is turning its back on a planned merger with S1 after receiving a "company superior offer" from private equity firm GTCR.

Swift pushes for global digital signature deployment

/Sibos

Swift pushes for global digital signature deployment

Interbank messaging co-operative Swift is preparing for global deployment of its 3SKey digital identity service for bank-to-corporate treasury authentication following a successful roll-out in Europe.

Swift selects ten finalists for $100k start-up challenge

/Sibos

Swift selects ten finalists for $100k start-up challenge

Financial messaging network Swift has selected the ten finalists to compete in the 2011 Innotribe start-up challenge at this year's Sibos event in Toronto.

Swift sets up one-stop shop for reference data

/Sibos

Swift sets up one-stop shop for reference data

Financial messaging co-operative Swift is bundling its suite of data directories to create a Web-based one-stop shop for payments-related reference data.

Innotribe contender miiCard secures funding; completes MBO

/Sibos

Innotribe contender miiCard secures funding; completes MBO

MiiCard, a digital passport outfit that is competing in the Innotribe start-up contest at Sibos this year, has raised £550,000 in seed funding and completed a management buyout.

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