Latest Sibos News: Finextra Research

Sterci acquires majority stake in Simplex

Swiss-based STP vendor Sterci has acquired a majority shareholding in back office software house and Swift Service Bureau operator Simplex Consulting.

17 January 2011

/Sibos

Swift seeks pilots for collaborative standards management platform

Financial messaging network Swift is assembling a group of pilot users to help define a new collaborative Web-based platform for more efficient standards management.

22 December 2010

/Sibos

WikiLeaks: Merkel furious at MEPs over Swift data sharing deal rejection

German Chancellor Angela Merkel was left "very, very angry" after the European Parliament voted earlier this year to scrap a deal to allow US authorities access to banking data transmitted over Swift, worried that Washington would see the move as a sign that the continent does not take terrorism seriously, according to a cable released by WikiLeaks.

06 December 2010

/Sibos

Acquisition marks major shift for Swift

Hans Cobben, CEO of new Swift subsidiary Arkelis, says the co-operative's foray into solution vendor ownership is about controlling more than just the network and interface layers.

28 October 2010

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MiiCard wins out as start-ups vie for VC attention in Sibos' Dragon's Den

Twelve technology start-ups are competing for venture capitalists' blessing at a session on the final day of Sibos, the annual event run by financial messaging body Swift.

28 October 2010

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Sibos Innotribe Labs take centre stage

A business that aims to create a complete view of a bank's financial health by using recycled financial messages is the favourite to win the Innotribe Lab pitching contest held at Sibos, the annual conference held by financial messaging body Swift.

28 October 2010

/Sibos

Deutsche Bank puts TSU to the test with first live corporate

Almost five years since it was among 19 banks to begin testing Swift's Trade Services Utility, Deutsche Bank has conducted its first live transactions with a corporate customer using the utility.

28 October 2010

/Sibos

T2S winning wider industry acceptance

The European Central Bank's (ECB) plan to create a single settlement process for all European securities, Target 2 Securities (T2S), appears to have gained more industry acceptance at last, although significant issues still remain about the eventual cost of the service and its governance.

27 October 2010

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Banks face up to social media challenges - Finextra@Sibos

Citibank's marketing of Sibos on Twitter drove up visits to the bank's corporate micro-site for the international banking event by five-fold in advance of the show. The figure was divulged by Citi's managing director of marketing Leslie Klein at a Finextra-moderated Sibos panel discussion on the use of social media in financial services B2B.

27 October 2010

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Swift preps major network upgrade

Financial messaging body Swift has announced a system upgrade, the first since 2007, for both SwiftNet and Alliance, its messaging and connectivity services respectively.

27 October 2010

/Sibos

Swift plans sanctions screening outsourcing service for small banks

Financial messaging body Swift has pledged to improve the sanctions screening process designed to stop the flow of illegal money transfers by launching an outsourcing service for small banks.

27 October 2010

/Sibos

Bottomline Technologies acquires SMA Financial

Bottomline Technologies has acquired London-based Swift Service Bureau provider. SMA Financial, for an undisclosed sum.

27 October 2010

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