Latest Sibos News: Finextra Research

Sibos 2022: Lighting the beacon under data quality through ISO 20022

In the lead up to Sibos 2022, Finextra reached out to Masayuki Tagai, industry issues executive for APAC, J.P. Morgan Payments, to respond to some questions tied to his Sibos panel, ‘Rethinking data architecture through the ISO 20022 lens.’

05 October 2022

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Swift finds role as global hub for CBDCs and tokenised assets

Financial messaging network Swift has released the results of a trial that allowed digital currencies and assets to flow smoothly alongside, and interact with, their traditional counterparts by bridging between different distributed ledger technology (DLT) networks and existing payment systems

05 October 2022

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Sibos 2022: Uncovering value for banks in the Metaverse

As Sibos edges ever closer, Finextra has reached out to a clutch of the conference’s expert speakers to share their thoughts on leading industry trends and what they expect to take from Sibos 2022.

04 October 2022

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Swift builds proof-of-concept for blockchain interoperability

Interbank co-operative Swift is working on a pilot project with Chainlink to provide network interoperability across multiple blockchain platforms.

30 September 2022

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Swift runs blockchain pilot for corporate actions data

Interbank co-operative Swift is working with Symbiont and seven securities players to trial a blockchain-based corporate actions system.

14 September 2022

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Swift mines data flows to flag up incorrect payments

Bank-to-bank messaging network Swift has moved to eliminate payments friction by introducing a new capability to flag upfront when a payment may stall because of incorrect payee details,

31 August 2022

/Sibos

Swift and CapGemini work on CBDC gateway to existing payment networks

Interbank messaging network Swift is working with Capgemini to explore ways to interlink the multiple domestic-based CBDC networks emerging worldwide with existing payment infrastructures for seamless cross-border payments.

25 May 2022

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Financial coalition to trial faster cross-border payments between Europe and the US

EBA Clearing, Swift and The Clearing House (TCH) are to run a pilot service for immediate cross-border payments (IXB) with the support of banks from both sides of the Atlantic.

28 April 2022

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Russian banks to be cut off from Swift

A select group of Russian banks are to be excluded from the Swift financial messaging system as part of a package of new financial sanctions agreed by Western allies.

28 February 2022

/Sibos

UK pushes Europe to cut Russia off from Swift

As Russia moves further into Ukraine and sanctions have isolated Russian banks from the rest of the global financial system, depriving the country of vital technology, UK foreign secretary Liz Truss has revealed that the “UK is working with allies to exclude Russia from the Swift financial system.”

25 February 2022

/Sibos

Paysera shuts down payments to Russia; Swift exclusion remains off the table

Baltic fintech Paysera is to halt transfers to and from Russia and close accounts of Russian clients in a show of solidarity with Ukraine as it comes under siege from Russian armed forces.

24 February 2022

/Sibos

West steps back from imposing Swift ban on Russia

Western governments are no longer considering cutting Russian banks off from the Swift network, Germany's Handelsblatt newspaper reported, citing German government sources.

18 January 2022

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