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Breaking news, announcements and industry interviews covering SWIFT, payments, standards and innovation at Sibos 2021

Sibos 2021: How can banks take meaningful action on climate change?

With COP26 fast approaching, and the financial industry facing additional costs to comply with government actions on climate change, it needs to start asking itself some tough questions, namely: Are we acting responsibly for the future? Are we driving carbon neutrality in the businesses we finance? Are we acting as an enabler for investments to lower the cost and increase the deployment of low-carbon technologies?

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EBA Clearing, Swift and TCH test instant cross-border payments
Jim Bray

Jim Bray

  The challabe I see in cross border RTP is Reg E. Who eats the loss when a payment does not make it to the right account holder. The seond isseu is Account Takeover Fraud. Reg E applies to regulated organaztions, non-regulated RTP organzations have no liability like Bitcoin exchanges.
Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?
Michael Rada

Michael Rada

  Dear Finextra, thank you for delivering INDUSTRY 5.0 related content to your readers and audience. My name is Michael Rada, I am the Founder of INDUSTRY 5.0 and implement its principles in businesses and companies since 2013 already. I would like to correct Dr. Michio Kaku. INDUSTRY 5.0 is not the fifth industrial revolution, but the FIRST INDUSTRIAL EVOLUTION EVER LED BY MAN (HUMAN). It is based on the principles of systematic waste prevention recognizing forur types of waste PHYSICAL, SOCIAL, URBAN and PROCESS WASTE.  At the moment of article publication INDUSTRY 5.0 principles are represented in 75 countries thanks to growing network of the INDUSTRY 5.0 AMBASSADORS and it is already officially part of the EUROPEAN SUSTAINABLE DEVELOPMENT FRAMEWORK introduced by the EUROPEAN COMMISSION so as it is being acknowledged my the UNITED NATIONS. FOr more details feel free to contact me of watch one of the keynotes delivered to international audience https://www.youtube.com/watch?v=y1ZjDqEiJwI
EBA Clearing, Swift and TCH test instant cross-border payments
Emily Baum

Emily Baum

  Blockchain? 
EBA Clearing, Swift and TCH test instant cross-border payments
Daniele Astarita

Daniele Astarita

  The test is definitely interesting, as it builds on top of existing strenghts of the three involved parties, and represent an answer of trusted ecosystems to the competition of Fintechs. However the liquidity settlement "matter" would possibly deserve additional evaluation of different technologies too.