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Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.
As the owner, you will also give up ownership if you leave this group.
Miloslav Hoschek Freelancer at e-Silk Road, NGO
Y2020 SWIFT A GLOBAL CLOUD PAYMENT HUB a global reporting hub a central provider of services global reporting and consultation hub Y2014 - SWIFT over 10 thous. banks are users access to 60 HVS - high volume systems access to 20 different ACH payment systems real times sanctions screening to 30 public sanctions registers SWIFT - an ISO Registry...
20 February 2014 /payments /sibos
Retired Member
Our industry has become used to the moving of deadlines when it comes to industry initiatives and for some it perhaps creates a certain element of complacency. Speaking to corporates in our market, I find a broad range of concerns about readiness for SEPA, regardless of when the deadline date is actually going to be implemented. Over the last few y...
11 February 2014 /payments
The US Bureau of Consumer Financial Protection (CFPB) has issued a Proposed Rule which would bring larger US-based nonbank participants of the international money transfer market within the CFPB's supervisory jurisdiction. The Proposed Rule is available here and is open for comment until 1 April 2014. The Rule proposes that providers transacting m...
04 February 2014 /payments /regulation
Y2014 -Year ZERO D day-February 12, 2014 a new reporting for OTC derivatives takes an radical effect in Europe panic of present unprepared OTC derivatives market participants The lack of understanding what is going to happen The lack of clarity about exactelly what is required Expect the Unexpected new kind of communication between buy side a...
20 January 2014 /payments
You may have seen the big news today that the European Commission has announced a proposed extension to the SEPA migration deadline of six months, from 1st February to 1st August. Their view is that the rates of adoption are not high enough to guarantee a smooth transition. According to the latest migration stats available, credit transfer adopt...
10 January 2014 /payments
… doesn’t it? By embracing new technologies, access to services via the Cloud offers corporate treasurers of every size of organisation the opportunity to improve efficiencies and further drive down operational costs. At SWIFT we are very well aware that any change to the way we do business brings with it a dose of healthy scepticism. New services...
21 November 2013 /payments
The new world between 2030 –2050 recalls past transition points—such as 1815, 1919, 1945, or 1989. In this world will exist an absence of global power. The hegemonic power will shift to networks and coalitions in multi polar world, with declining US capacity to serve as a global security provider. The world between 2030 –2050 will launch open ...
14 October 2013 /security /regulation
There has been much debate of late on Finextra and indeed everywhere about mobile wallets and mobile payments; with some very diverse opinions. Some argue that uptake of mobile wallets and payments is poor; there’s data that supports that view. Others argue that mobile devices are dramatically changing the way consumers and corporates interact with...
10 October 2013 /payments
....they know no borders' ran a tweet from SWIFT’s African Regional Conference in Gaborone earlier this year. ‘It is not unusual to have better flight connections between African countries by first going to Europe. To a large extent, the priority of domestic rail and road infrastructure is outward linkages to seaports, rather than to neighbouring ...
15 September 2013 /payments
As many of us prepare to board flights to Dubai for Sibos, I’m wondering what others are hoping to hear and learn this year. A few things in my mind: It’s SWIFT’s 40th birthday, hurrah! At the London Forum earlier this year, SWIFT reminded us that it all began with the telex machine. Remember punched tape and testkeys? Today’s world is radically di...
11 September 2013 /payments /sibos
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