Sibos

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Bottomline ups security for Swift member clients

Bottomline Technologies (NASDAQ: EPAY), a leading provider of technology solutions to help businesses pay and get paid, today announced that it is leveraging its deep experience in cyber fraud risk management solutions to launch a new payment fraud solution for members of the SWIFT payment network.

/Sibos

Swift and EastNets deny hacker claims that NSA infiltrated back door to spy on Mid East banks

Both Swift and EastNets have denied reports that the US National Security Agency accessed a backdoor to the bank network to plant spyware and monitor data traffic from a number of Middle East banks.

/Sibos

Intesa Sanpaolo and EBA Clearing complete live tests of real-time payment system

INTESA SANPAOLO, a leading bank in Europe, and EBA CLEARING have announced today the successful execution of the first user testing activities for the Pan-European real-time payment platform of EBA CLEARING.

/Sibos

Sibos to return to Boston and Singapore

Sibos has announced the host cities for both 2020 and 2021, which will be Boston and Singapore respectively.

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Kaspersky Labs links North Korea to Bangladesh Bank heist

Security outfit Kaspersky Labs has become the latest voice to raise the possibility that North Korea was involved in last year's $81 million Bangladesh Bank cyberattack.

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Dominican Republic's central bank adopts Swift's Sanctions Screening

SWIFT announces today that the Central Bank of Dominican Republic has adopted its Sanctions Screening solution to enhance transparency and combat financial crime.

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Germany's KfW Bank explains $5.4 billion funds transfer lash up

Germany's KfW Bank says a system error led to the unintentional transfer of $5.4 billion to four counterparty banks in an automated cycle of repeat transactions.

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Swift Business Forum, Canada - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in Toronto. This year’s conference, on the theme 'building the future', will investigate how the financial industry is adapting in a fast-changing, digital world where new fintech entrants pose an opportunity and a threat, and cyber-crime is a growing problem.

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Can banks really win in the payments business of the future? – new Finextra report

New research from Finextra finds that banks must re-evaluate their role in the payments industry due to growing demand from digitally driven customers, new regulation, pioneering technology and the need to prioritise innovation over legacy.

/Sibos

Swift outlines ‘compliance utility’ ambitions; plans for next stage of gpi project

Banking cooperative Swift has unveiled a number of initiatives designed to address the compliance challenges facing banks and corporates.

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Fedwire and Chips to align with Swift gpi

Swift has taken a big step to realising one of the primary goals of its global payment initiative (gpi) by announcing an agreement with the Federal Reserve Banks and The Clearing House to support end-to-end payments tracking across their respective wire services.

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London Institute of Banking launches new Swift Institute-endorsed qualification for payments pros

The London Institute of Banking & Finance has today introduced a new qualification for those working in the global payments industry.

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Fintech Pavillion to host Europe's top startups at EBAday 2017

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2017, Europe's leading payments and transaction banking event.

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Brexit to drive corporate banking shake up

Saxo Payments says the UK's exit from the European Union could have a devastating impact of bank-to-corporate relationships, with one-third of companiess surveyed by the bank considering moving their operations out of Britain when Article 50 is triggered.

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Corporates want banks to deliver payment standardisation

A new Nordea report focusing on the future of the corporate and business-to-business payments landscape, including the changing role of banks and the impact of new technology, has shown that a lack of industry standardisation is a key concern among businesses.

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Raiffeisen chooses iGTB to provide digital trade finance platform

iGTB, the Global Transaction Banking division of Intellect Design Arena Ltd, five Austrian Raiffeisen Regional Banks (Raiffeisenlandesbank Niederösterreich-Wien AG, Raiffeisen-Landesbank Steiermark AG, Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, Raiffeisen-Landesbank Tirol AG and Raiffeisenlandesbank Vorarlberg Waren- und Revisionsverband regristrierte Genossenschaft mit beschränkter Haftung) and Raiffeisen Bank International (RBI), Vienna, a leading banking group in Austria and Central and Eastern Europe, have agreed a contract to implement a comprehensive digital trade finance platform.

/Sibos

Swift signs Turkmenistan and Uzbekistan communities to KYC Registry

SWIFT announces today that the financial community in Turkmenistan has signed up to use its Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks, funds distributors and custodians required for due diligence processes.

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Registration opens for EBAday 2017

Registration has opened for EBAday 2017, Europe's pre-eminent payments conference and exhibition, which will be staged this year in Dublin.

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Global transaction banks live on Swift gpi

SWIFT announces today that global transaction banks are actively using SWIFT’s new global payments innovation (gpi) service, which opened for live payments in January 2017.

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Bank of Cyprus taps Dovetail to build payment hub

Dovetail, the provider of best-in-class payments and liquidity management solutions, has today announced that Bank of Cyprus has selected the Dovetail Payment Solution to equip the bank with payment hub functionality covering SWIFT, Target2, SEPA Credit Transfer and Direct Debits.