Latest Sibos News: Finextra Research

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

21 May 2019

News/Sibos

Swift to test real-time cross border payments in Europe

Banks from France, Germany, Italy, Luxembourg, Russia and Spain have joined with Swift to test real-time gpi cross-border payments through the Eurosystem’s Target Instant Payment Settlement (Tips).

21 May 2019

News/payments

Deutsche Bank warns ISO 20022 migration not just another IT project

The migration to ISO 20022 offers a major opportunity for banks and corporates, but it is not simply "another IT project" and will require CEO commitment and allocation of appropriate budgets, according to a Deutsche Bank guide.

20 May 2019

News/Sibos

Sixteen startups selected for EBAday Fintech Zone

Sixteen of Europe's top fintech startups have been selected to demo their products to a prestigious panel of senior banking executives at this year's EBAday symposium in Sweden.

17 May 2019

News/devops

Swift on the hunt for new IT talent

Interbank payment network Swift is positioning itself as a cutting edge IT shop as it seeks to recruit 150 talented IT professionals worldwide.

09 May 2019

News/Sibos

Digitisation and collaboration on Ireland's agenda

The SWIFT Business Forum Ireland 2019 explored how Irish financial institutions can deliver a truly digital customer experience through a spirit of collaboration, while staying secure against evolving cyber threats.

07 May 2019

Company update/Sibos

Swift extends STP toolkit

SWIFT announces the launch of an ‘in-flight’ payment investigation and resolution service, available in the cloud, in a significant expansion of its network-wide payments validation toolkit.

02 May 2019

Company update/Sibos

Swift admitted to next phase of tender for connectivity to Target services

SWIFT announces today that it has been admitted to the next phase of the tender process to provide connectivity services to all Eurosystem market infrastructures (also known as TARGET services).

11 April 2019

News/security

Swift says cyber threats evolving

Cybersecurity attackers in the large value payments chain are adjusting their modus operandi, lowering the value of transactions and running fraudulent instructions during normal operating hours in an attempt to blend in with regular payment flows and avoid detection, according to a new report from banking co-operative Swift.

10 April 2019

Company update/payments

NAB switches on end-to-end payments tracking with Swift gpi

NAB business customers can now track their international payments by the click of a button and view where their money is, anywhere in the world.

09 April 2019

News/payments

RBA consults on ISO 20022 migration plan

The Reserve Bank of Australia is canvassing bank views on plans to migrate the nation's payments networks to the ISO 200022 messaging standard.

09 April 2019

Company update/Sibos

Identitii partners with Trace Financial for Swift ISO20022 overlay

Identitii Limited (Identitii, Company) (ASX: ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, has partnered with leading message transformation software provider Trace Financial Limited (Trace Financial).

08 April 2019

News/payments

Swift convenes ISO 20022 harmonisation group

Interbank messaging network Swift has convened a working group of payments experts to formulate common guidelines for the implementation of ISO 20022 for cross-border payments.

04 April 2019

News/Sibos

DLT ready to drive widespread disruption in cross-border payments

The cross-border payments industry is "ripe for disruption", with distributed ledger technologies leading the charge, according to a blog post published by the World Bank.

02 April 2019

News/Sibos

Swift Business Forum Nordics 2019 - live blog

Welcome to Finextra's coverage of the Swift Business Forum Nordics 2019, live from Copenhagen. This event has a focus on accelerating digital transformation, and will look at how the financial community in the region is harnessing technological change to deliver a digital customer experience.

28 March 2019

News/Sibos

North Korea using bank cyberattacks to evade sanctions - UN report

North Korea has been using cyberattacks on banks and cryptocurrency exchanges to steal money and evade financial sanctions, says a new United Nations report.

20 March 2019

Company update/payments

SocGen extends Swift gpi coverage to nine new countries

Societe Generale today launched SWIFT gpi in nine new countries: Germany, Belgium, Spain, Italy, Netherlands, United Kingdom and Switzerland in Europe, as well as Hong Kong and Singapore in Asia.

19 March 2019

Company update/startups

Swift makes space for 100 startups at Sibos 2019

Applications for fintechs to exhibit in the Discover Zone at Sibos 2019 London are now open. This year the Discover Zone will be the largest ever, with space for 100 leading fintechs operating in areas such as regtech, cyber security, AI, machine learning, big data and blockchain, along with those involved in cash management and supply chain management.

13 March 2019

Company update/Sibos

National Settlement Depository first CSD to sign up for SWIFT gpi

National Settlement Depository (NSD), Russia’s central securities depository (CSD) has become the first CSD to sign up for SWIFT’s gpi service – a rapid cross-border payments service that provides real-time payments tracking and transparency on bank fees and foreign exchange rates.

07 March 2019

News/regulation

RBI fines Indian banks over Swift compliance failures

The Reserve Bank of India (RBI) has fined at least 19 banks, including ICICI, State Bank of India and Yes Bank, for failing to comply with rules on using the Swift network.

06 March 2019