Sibos

1841 articles tagged with this keyword

/wholesale

Dutch astronaut André Kuipers to open Swift Innotribe with keynote speech

The return of this year’s SWIFT Innotribe will begin with a keynote speech from Dutch astronaut André Kuipers.

/payments

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,

/Sibos

Bear Grylls to close Sibos

Bear Grylls OBE, one of the most recognised faces of outdoor survival and a champion for sustainability, will be the closing keynote speaker at Sibos 2022.

/Sibos

Kurt Roosen Head of Innovation at Digital Agency, Isle of Man Government

Collaborating for the future of Fintech: Driving innovation on the Isle of Man

/people

Former Swift chief Gottfried Leibbrandt takes the chair at CLS

CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, announced that a new chair and five new members have been appointed to its Board of Directors (Board) at the CLS Annual General Meeting on 17 May 2022.

/payments

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.

/payments

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.

/markets

Nium offers fast settlement on international brokerage account transactions

Nium, a global leader in modern money movement, today introduced a new brokerage payments solution that offers international financial institutions (FIs) a faster and more cost-effective method of settling transactions to select U.S. brokerages enabling customers to easily invest in U.S. equities.

/Sibos

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.

/payments

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.”

/payments

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.

/people

Form3 hire ex-Swift executive Dave Scola to head up US operations

Form3, the leading cloud-native payment technology provider, today announced it has strengthened its Executive Management team to expand its geographical footprint and product offering in the US, to capture market opportunities in payment technology.

/payments

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.

/payments

Swift reflects on milestone year

A year after sharing a bold vision to enable instant and frictionless transactions from one account to another anywhere in the world, SWIFT today underlines major progress in realising this vision in 2021.

/Sibos

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?

/Sibos

HSBC becomes first international bank to introduce Swift Payment Pre-validation

HSBC has made two enhancements to minimize the risk of unnecessary payment delays and deliver a smoother, more secure payments experience, including becoming the first bank with a global footprint to introduce SWIFT Payment Pre-validation.

/Sibos

Sibos 2021: Collaboration and discipline is required for digital asset and CBDC success

Day three of Sibos started with a future facing perspective in the form of two morning sessions covering developing and upcoming digital technologies, including as CBDCs, DeFi, and NFTs, reiterating that these areas of innovation remain hot topics of interest.

/Sibos

One hundred banks sign up to Swift Go

SWIFT today announces that 100 banks around the world have signed up for SWIFT Go since it went live in July, underscoring strong demand for the service that enables small businesses and consumers to send fast, predictable, highly secure and competitively priced low-value cross-border payments from their bank accounts.

/Sibos

Paige McNamee Senior Reporter at Finextra

Sibos 2021: Using the Swift platform as a springboard to digital